Vega helmets organisational study

VEGA AUTO ACCESSORIES PVT. LTD, BELGAUM

DECLARATION

I Aditi Bhutra here by declare that the project entitled Organization Study of Vega Auto Accessories Pvt. Ltd at Belgaum has been submitted to Karnataka University Dharwad, as per the requirement of the graduate degree course of Bachelor of Business Administration (BBA) of Karnataka University Dharwad, This report is also submitted to the Vega Auto Accessories Pvt. Ltd Belgaum. Place:Date:Aditi Bhutra

ACKNOWLEDGEMENT It is indeed a pleasure to acknowledge the contribution of those who have helped me in the preparation of this report I take this opportunity to express my sincere thanks to External guide Mrs. Sangeeta Chandak [hr Manager] of Vega Auto accessories Pvt Ltd Belgaum for giving one an opportunity to do this project report. I thank principal of our institute prof: Sandeep Nair for helping me in preparing the report. I would like to thank company staff Mr.Parshuram Sir and Mrs.Rajshri Madam for helped in this report My special thank to prof: Prasad Kapileshwari internal guide for giving me valuable information and his co-ordination in providing various material for my project I thank to my parents and friends who shared the valuable information view and their ideas.

TABLE OF CONTENTS S.NO I CONETNTS Executive Summary * Need for the Study * Objectives of the Study * Scope of the Study * Limitations of the Study * Methodology Adopted Industry Profile Company Profile * Background and Inception * Nature of Business Carried out * Vision, Mission and Quality Policies * Product Profile * Competitors information * work flow model * organizational structure Departmental Study SWOT Analysis Findings And Suggestions 14 16 17 20 21 22 23 25 46 48 Pg. NO

II III

6 7 8 8 9 10

IV V VI

VEGA AUTO ACCESSORIES

INTRODUCTION TO THE STUDY NEED FOR THE STUDY OBJECTIVES OF THE STUDY METHODOLOGY ADOPTED SCOPE OF THE STUDY LIMITATIONS OF STUDY

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NEED FOR THE STUDY: As per university curriculum it is compulsory for every management student to undergo in plant training for one month for the purpose of knowing the corporate culture of the enterprises, and acquiring depth knowledge about the company during the period. Keeping in view the above discussion the project entitled organizational study of Vega Auto Accessories PVT Ltd has been prepared and submitted to Karnataka University Dharwad.

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OBJECTIVES OF THE STUDY

To Study the Organization Structure and Establishment of Vega Auto Accessories Pvt. Ltd. To Study the Production Process of Vega Auto Accessories To Know the Practical Knowledge of Manufacturing Firm. To Study the How Different Departments are interlinked in Vega Auto Accessories.

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SCOPE OF THE STUDY The duration of the project was four weeks and which covers the geographical, analytical and the functional aspects which relates to Vega Auto Accessories PVT Ltd, Belgaum. LIMITATIONS OF THE STUDY The study covers the information of Vega Auto Accessories Belgaum only The Time span for the completion of the project was too short. The Managers and the workers are busy. So they have not cooperated with us properly. The study contains the secondary information which is collected by the interaction with various employees. The figures shown in the annual reports may not be accurate and actual ones. Pvt. Ltd,

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METHODOLOGY

Primary data: Here the primary data has been collected through personal observations and discussions with various departmental heads, sales executives, and the employees. Secondary data: The secondary data in the project report has been collected by the company magazines, reports, files and also from company website www.vegaautoaccessories.com www.vegahelmets.com

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INDUSTRY PROFILE

Helmets Production and its usage have a long history in India context. Right from the ages of Mahabharata and Ramayana, helmets have been in usage as a productive safety hedgers. Formally helmets were produced employing mental and alloy. Then helmets were stiff and stiff and heavy. As time progressed, they to assume manifold purposes. Besides producing helmets as a safety component, the companies/ industries, general utility, mining and sports sectors also. The discovery of plastics, polymers and viscous liquids changes the outlook of helmets industry. Prior to independence, the usage helmets in India, as part of traveling requirement was significantly less. The personnel serving in the British army mostly used these. Helmets were mostly imported from England. Then helmet production industry was yet to take its birth in India. The helmets and auto industries in India is developing at fast pace there are many big player in this industry namely STEEL BIRD,HISTAR MPA, VALAZA ,STUDY,VEGA,VOLGA, and the rest from the unorganized sector. The industry has good scope and potential because of the changing market dynamics and the massive demand for helmets. In the 1973 gadgets India, the first company in the blaze group and a first of its kind in India developed a helmet line under the brand name blae. In the mid1970s, helmet usage was not popular in India. In the early stages the sales were low and grew slowly. Later at the end of the 1970s then two more companies entered in the market. Steel bird entered with its high priced helmets and conquered with its low-end, cheap industrial helmets. By this the helmet industry was developing at moderate speed. The blaze was co-operating in the both ends, producing at premium helmet price 10% lower than steel birds and lower quality helmets of more price conscious consumers. Blaze quickly secured a leading position in both the high and low ends of

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VEGA AUTO ACCESSORIESthese embryonic helmet markets. The brand become synonymous with helmets in India, and its market leadership was virtually uncontested though the remainder of the 1970s and into the first half of the 1980s.all blaze products complete with the revelent country or regional standard. They had good brand in the domestic market. This was mainly due to its marketing strategy and efficient distribution channel. Meanwhile a Steel bird with market share was growing at steady pace. The market share of blaze was 75% and Steel bird with 15%ans rest 10% conquered else. Vega entered market in the early 1980swith annual sales of 10000 units per year. At the same time histar 50 odd small manufactures entered the market. The small manufactures came with low end models, often sold in temporary roadside stands by individual sellers, independent of any building histar completed directly against blazes premium product line adopting a strategy similar to that used by blazes Steel birds, histar priced its premium product 10% less than blazes prices at the low end of the market as well. A few of these smaller manufactures infringed on blazes brand name, they made helmets identical appearance to blazes line but at much lower cost. The duplicate bore the blazes brand name and could not be distinguished from genuine blazes helmets. The duplicate retailed for Rs. 170, while blazes cost for manufacture was greater than Rs.210 trade mark infringement was not legal under Indian law, however in the past when blaze had tried to prosecute violators of it trademarks, the penalty for infringement was not high enough to justify the two year prosecute period. The domestic market for helmets, a derived from bi wheeler usage, grew steadily through the early 1990 as did the no of competitors. Meanwhile blaze was the first Indian company to export helmets to Italy & Germany. As there was improvement in technology & new production methods were adopted by the manufactures helped them to cater the needs of the domestic markets. Then steel bird entered the foreign market, as later on Vega also started exporting their helmets. Regions within India had the authority to create their own helmet laws. As a result, helmet use was mandatory in some regions and optional in others. Helmet laws were enacted and retracted frequently, as local Govt. charged. In regions in which the rider was forced by law to be a helmet the soul criterion for helmet purchase was price. Safety, style and brand name were not important factor in these consumer

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VEGA AUTO ACCESSORIESminds. At the end of the 1990s the export also started rising because the production cost of Indian helmet was cheaper than the manufacturers for the Thailand and Malaysia. About four years ago growth in the helmet segment was cruising along at around 10% annually. Now it is hurtling along at almost 40%. Thats why even global players are now looking at India. AVG is the only foreign brand. Which is sold in Indian companies is tied-up foreign a company like Steel bird has an existing technical collaboration with Italian helmets company bieffe, it is also collaboration with companies like GPone and Neva. American company Daytona helmets, which has tie-up with Belgaum based Vega accessories. The fact that the Indian helmets marker isnt anywhere as big as it ought to be. There are two key reasons for this. Firstly, wearing helmets was only compulsory in Delhi and half-a-dozen other states, most others parts of the country were still dragging their feet about implementing helmet wearing. Thats the only problem faced by helmet manufacturers. It is reckoned that about Rs.200 crores worth of helmets are sold in domestic market annually. But almost 50-60 % of them are produced in the unorganized sector, these are probably the ones you see being sols by the road side. Nevertheless, the organized sector players like Vega, Steel bird, MPA and studs are extending their range, conducting road shows, initiating road safety lectures, and even forging alliances with foreign partners to make the most of the growing demand. THE HELMET RULING section 129 of the central govt. motor vehicle act makes it mandatory for two- wheeler riders to wear productive helmets. While Delhi is among the first Indian states to implement it stringently, the rule was actually imposed in Maharashtra following a High court ruling to a public interest litigation of 2001, typically confusion reigned among the traffic police department on the implementation of the rule. The directive insists on a helmet for the pillion rider too. However, due to the high ratio of two wheelers riders versus the no. of helmets currently available in the market, the traffic police have relaxed the clamp on errant pillion riders for the time being. There was a time when many found seatbelt uncomfortable and ignored. But a court ruling made it mandatory and strict implementation by the traffic police bought it into force. People resigned themselves to the fact that there is no escape in it and today it

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VEGA AUTO ACCESSORIESis not surprising that the majority of people subconsciously belt hope as soon as the site in their cars. The some will hold true for helmet. A few to the Mumbai traffic polices interventions, more riders are being seen wearing helmets. A prominent helmets store in the city is witnessing unprecedented sales, proving that there was an alarming no. of riders without helmets on Mumbai roads, prior to the enforcements of the ruling. One of the most common complaints against helmet is that they are cumbersome to lug around. But the sheer nature of two- wheeler transport makes it necessary. In the months of helmet industry boomed as the govt. made rules for mandatory use of helmets though it is in not practice through out the world, but helmet industry used it as an opportunity to be stable in an industry. It made huge sales in the domestic market.

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COMPANY PROFILE BACKGROUND AND INSPACTION Vega Auto is one of the leading Helmet manufacturing organizations in India. It is one among the very few organized sector of the trade Vega is based in Belgaum and under the Management of CHANDAK has seen growth at the very steady pace Vega was incepted or established in 1981. All their products are in compliance with ISI quality mark. Vega has a dealership network of around 320 across the country. Vega spearheaded by Mr.DILIP PREMCHAND CHANDAK Managing Director and CEO of the company has been the driving force behind Vega. He is a self motivator and inspiration to the organization. His younger brother Mr.GIRIDHARI CHANDAK, Mr.SUHAS CHANDAK and Mr. UTTAM CHANDAK ably support him. Vega since 1981 is committed it self with the moral responsibility of incorporating safety norms in every norm in each aspect of the Helmets that it manufactures quality and not quality has been the motto in every stages of production. This quality aspect has boosted the sales of the company to a greater plat form in these two decades. The bureau of Indian Standard approve the products manufactured by Vega Auto, Vega has also made it mark in the international market also Vega Auto has production centre at Udyambag the industrial area of Belgaum the helmets and other safety equipment manufactured at Vega have almost because a household name in the state, Vega industries also have one of its unit, located at Shahapur. Top notch quality Helmets are the result of constant R and D innovation in design hard work employee and emphasis on the current trends in the industry in a span of two decades Vega has carried a niche for it self has thus clarified the name of Belgaum in the international market

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ABOUT THE COMPANY

Business type Capital in Rs: Export percentage: Primary competitive: Advantages Sales volume Number of staff Year of establishment Export Markets Number of designers Monthly production :

:

Exporter, Manufacturer

: 25crors : 40% : Excellent quality, Advanced technologies and timely delivery Rs 30crors : 200 : : 1981 24 : USA, Germany, Israel, Italy, UAE : 30000 Helmets production capacity is 45000

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VEGA AUTO ACCESSORIES* NATURE OF BUSINESS CARRIED OUT Vega produces Helmets in a large scale. It expended its business out side the country is it exports it product to foreign country like wise USA, Germany, France, Singapore etc Vega initially started with small unit later it grow to extreme height and thus grabbed foreign markets, now Vega is said to be the number one Helmet making company, Vega believes in quality and it is a profit making company among Indian top most companies.

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VEGA AUTO ACCESSORIESVISION OF THE COMPANY The word vision means the goals the company wants to achieve in its future life. It also consists of mission. Vega Auto Accessories is to serve its customer with good quality of the products and a low price Employee empowerment will pay a vital role in this vision It wants to be the leading manufacturing company in Helmets and Accessories in India. To create its brand image in the export criteria To be the best company in the India

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VEGA AUTO ACCESSORIESMISSION OF THE COMPANY Vega=quality + products Keeping in mind the vision furnished the whole Indian as well as global market on the world. As it is a products oriented organization it made its popularity in the market on the basis of maintaining the good relations with the customer They gave individual attention and puncture service to their To be the top most profit making organization in India To grab the latest technology easiest method of production. customer,

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VEGA AUTO ACCESSORIESQUALITY POLICIES Quality leading is vital to the long term success of Vega Auto Accessories in an increasing competitive market place. Building quality in to our workplace product and service ix essential to a success full future for our customers, employers, suppliers communities, and organization. Vega Auto Accessories will work to provide product and service that always meet our exceed expectation of their customers. Management will commit resource and create an environment in which each employee can contribute skills, talents, and ideas to a never ending process of improvement and innovation in all aspect of our business. Newness in the product.

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VEGA AUTO ACCESSORIESPRODUCT PROFILE

Vega Auto Accessories Pvt. Ltd. is one of the leading Helmet manufacturing industries in India. It also produce caps, T-shirts, bags, and also markets the small parts of Helmet like locks, visors, Helmet stickers. Vega Auto Accessories have mainly two types of Helmets. 1. OPEN FACE HELMETS 2. FULL FACE HELMETS

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COMPETITORS AND THEIR INFORMATION 1) Studs Accessories Ltd 2) Steel Bird Hi-tech India Ltd 3) Aerosate 4) Wrangles Helmets 5)MPA Helmet 6) ERGO ISO 7) Habsolite 8) Power 9) JMD 10) Rail Local 1) Safe 2) Volga : Belgaum :Belgaum : Delhi : Delhi : Delhi : Italy : Faridabad : Delhi : Calcutta, kerala : Sohha, Hariyana : Mumbai

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WORK FLOW MODEL

Moulding Primer

Line Removing 1st putty Sanding Sanding

Cutting & Filling 1st putty

Drilling & Slot PV Sanding Painting

Touch up

Final Inspection Sicker & Logo

Inspection

Lacquer

Sanding

Assembly

Packaging & Dispackage

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VEGA AUTO ACCESSORIESORGANISATIONAL STRUCTURE CHAIRMAN

MANAGING DIRECTOR

Director Administration \ Finance \ Marketing

Director Production

Director Research & Development

Human Resources Development

Purchase

Quality Control

Legal Consultan t

Marketin g Manger

Account ManagerProduction Team

HR Manager

Sale Force

Account section Recruitmen t House Keeping

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VEGA AUTO ACCESSORIESMr.Premchand Chandak [Chairman] Mr.Dilip.p. Chandak [Managing Director] Mr. Giridhari. P. Chandak [Purchase& Marketing manager] Mr. Suhas. Chandak [Production manager] Mr. Uttam. P. Chandak [R&D Manager] Mrs. Shalini. Chandak [Accounts Manager] Mrs. Sangeeta. Chandak [HR Manager] Mr. Dilip .P. Chandak [Finance Manager]

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DEPARTMENTS OF THE COMPANY The Vega auto accessories are a Helmet manufacturing industry. It consists of departments such as follows: HRD Department- 1 Production Department- 2 Marketing Department- 3 Purchase Department- 4 Packaging Department- 5 Finance Department- 6 Research& development Department- 7 Quality Control Department- 8

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HUMAN RESOURCE MANAGEMENT Vega Auto Accessories has 200 white collar worker& 8 Blue collar workers. The production is labour intensive and no more machinery is used in the production. List of workers P- Permanent T- Temporary Unit Type of worker Male Female Total Moulding P T 2 8 10 20 62 82 Tailoring P T 2 0 2 34 4 38 Assembly P T 18 4 22 12 34 46 Total 88 112 200

In Vega auto accessories company temporary workers are more. Wage system: The wages are paid in the weekly basis for the no. of hours worked. The working hours are from 9.30am to 6.00pm.The break is from 1.30 to 2.00pm. The management has provided a cup of tea twice in a day to workers. If the worker is blue collar than experience is not important but his working capacity is considered. The permanent workers are getting provident fund and they are insured under the ESI. All the workers are getting bonus twice in a year. Promotion: Vega auto accessories industry provides promotional activities to their workers. No scope for workers to talk with Mgt but there is scope for promotion.

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VEGA AUTO ACCESSORIESRecruitment Recruitment means to find out the prospective candidates and attract them to apply for job. Vega auto accessories are using two sources of recruitment like internal sources and external sources.

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McKinneys 7s 1. Structure :

2. Staff: The information and data in this report pertaining to the various aspects and functional details of the management of the organization , their hierarchy and structure , role and functions , operational methodology , as also the important polios attach to these departments have been rendered. The information and data gathered from the respective heads of the organization is true to the best of their knowledge. A brief mention of the industrial analysis of the helmet industry has been already included along with the company profile in the proceedings pages itself.

3. Skills: These are the qualities or characteristics of the individuals. The skills can be acquired by learning, observations, and experience. Vega has following skills in its employees in key positionLeadership Good knowledge Coordinating Technical skills 4. Shared values: Shared values are the mission and vision, objectives of the organization which is mentioned in the company profile in detail. 5. Strategies

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VEGA AUTO ACCESSORIESIt refers to the marketing mix used by the marketing department for their functioning. 6. Style: The style refers to the techniques used in the day to day activities to make their works simplified as they used in production department.

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VEGA AUTO ACCESSORIESPRODUCTION DEPARTMENT Mr. Suhas one of the director of the Co. he manages the moulding and assembly unit. The purchase manager manages the tailoring unit. The production function starts when these units get Job card which contains the details of the product such as the model and the color etc. The production process is divided into the different units such as Molding unit Tailoring unit Assembly unit Moulding unit: 1) Making moulds: The moulds are prepared of the fiber glass paper. The R&D Department gives the design as per the customer requirement. If it is an export the importer supplies the designs. 2) Making of Helmet shell: After the fiber glass is stitched in the moulds with the help of the resin and the hardness is added to the resin. It is also important one.

3) Drying: After 20-30 minutes in the atmosphere to get dry. If the climate is cold then the heating bulbs are used to dry the moulds.

4) Cutting the shell:

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VEGA AUTO ACCESSORIESOnce the shell is dried it is opened and extra fiber glasses cut to get a proper shape. 5) Sanding: The sanding paper is used to level the shells. 6) Lambi: This is a paste that covers the tiny holes on the helmet shell. 7) Sanding: The sanding paper is used to remove the extra lambi paste on the helmet shell. This is done when the lambi is dried. 8) Cutting and drilling: The helmet shell is cut as per the design and the holes are drilled for the ventilation 9) Primer: The primer is applied on the helmet shell to have a smooth surface. 10) Polishing: The helmet shell is polished with the help of the polishing machine to give more smoothness to the surface. These helmet shells are transferred to the assembly unit for the further process. Tailoring unit: 1) Gumming: The thermocol of a helmet shape are gummed and kept for a day

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VEGA AUTO ACCESSORIES2) Grinding: The thermocol is cut into proper size with the help of the grinding machine so that fit properly in the shell. 3) Cutting foam: The foam is cut as per the models in different pieces

4) Stitching: Different parts of the foam are stitched. Ex. Belt etc. 5) Pasting: The foam is pasted to the thermocol shell. Then the lining cloth is used to cover the foam. These thermocol shells are then send to the assembly unit. Assembly unit: 1) Sanding: The helmet shells which come from the molding unit are leveled by sanding. 2) Painting: The helmet shells are painted as per the specifications given in the job card. The painted shell is kept for a day to get dry. If there are two or more colors then it takes long time to get the helmet painted. 3) Stickers: The stickers are stitched on the helmet that has the model name the logo of the company.

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4) Laser: This is like a polishing liquid that is sprayed on the helmet shell to give the shine. It makes the surface water proof and stickers and paints are protected.

5) Beading: The rubber ring is used to cover the helmet Connors and then the thermocol shell is pasted in the helmet shell. The locks are attached to it. The last process is to attach the visor if the helmet is full face. Finally these helmets are ready for packaging.

MARKETING DEPARTMENT

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Mr. Giridhari. P. Chandak is a marketing manager and also he is purchasing manager. In the marketing department we are going to study the whole structure of the business i.e. the sales, delivery, packaging& dispatch etc. Marketing manager has to struggle to control internal environmental facts. He has control over these namely four ps of mix namely Product, Price, Promotion& Place 1) Product: Vega auto accessories PVT Ltd. is a manufacturing unit. It produces different types of products like open face helmets and full face helmets and Vega produces different colors and designs of helmets. Vega provides quality helmets and accessories at the lowest possible price. Vega puts it label, brand name and trade mark i.e. ISI mark etc. Vega auto accessories also produces Tea-shirts, caps, bags and small parts of helmet like locks, visors, helmet stickers etc.. 2) Place: The Vega Auto Accessories PVT Ltd is situated in the northern side of the Belgaum & in an industrial area called Udyambag. It is a very nice place because it is nearest to market and city. All the facilities are available like transportation facility, market men and electricity facilities are available.

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DISRIBUTION CHANNEL OF VEGA AUTO ACCESSOIES PVT LTD

Consumer segment

PRODUCER

Retail

Consumer

Distribution

Dealer

Business

Business segmentation

3) Price: Price policy of Vega auto accessories 12+ or 36+ helmet order locks in the discount price level for the balance of the calendar year. Dealers must qualify each year for discount pricing. 4) Promotion: Vega auto accessories great products and efficient friendly service ensure your satisfaction with our products. If an item is not every thing you expect we will replace it, exchange it, or credit your account if you contact us within 5 business days of receipt. The Vega trademark is an important asset. Using the Vega name trademark, images, model names are no in any media, including but not limited to news papers, magazines, internet, TV, radio, etc.

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PURCHASE DEPARTMENT Mr. Giridhari Chandak is a manager of this department. He also manages the tailoring unit of production process. All the activities of the department were seen by him with the help of the assistant managers The department performs the following functions: To keep the records of daily inventory of the raw materials, finished goods, semi finished goods. To order the required material if they are reached at the minimum level. He is responsible to see that the payment is made to the vendors by the accounts department. He looks after the workers of the tailoring department i.e. if they have some problems he tries to solve or pass it to upper level of hierarchy.

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RAW MATERIALS

Raw materials Fibre glass paper Resin Sanding paper Accelerator & catalyst Rubber beading Stickers Barrow tape Locks Belts Foam Copper revit Anabound (glow) Paints Lining cloths Box (packing) Liner Primer

Suppliers Swati chemicals, Bangalore Polyelone ployment- Mumbai Gerijoj trading co.Mumbai Xerox chemicals Ltd. Bangalore Auto hood store-Mumbai Good works& co- New Delhi Elma tools- Mumbai Sani plastic- Belgaum Sani plastic- Belgaum ufoam- Hyderabad Metation- Mumbai Simpex New Delhi Colour- Mumbai Tritain syntactic- Banglore Swati paint pack- Nasik Anil polymers-Ahemdabad S.D.Paints- Mumbai

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PACKAGING DEPARTMENT After the final inspection is done the products are send for packaging. The helmets are put in cotton bags and packed in card board boxes to prevent any damages to goods. Then the goods are dispatched through and in case of export they are put in container and sent to the assigned customers Here they maintain all the requirements in packaging ie Labeling Trademark Bar-coding Packing-I Packing-II Packing-III Dispatching Labeling: Here the company label stickers are put on the product for the identification of brand Trade mark: In this process the trademark like ISI are sticked on the product for its guarantee, for its reliable ness by the known authority.

Bar-coding: Here the code which is only read by the company machines is labeled. Packing-I: Here the first packing is done i.e. plastic cover packing 38


Packing-II: Here the second packing means the first plastic covered products are put in the boxes for its safety. Packing-III: Here the third packing means the second plastic covered item are then packed in for Box its parcel to out side the country

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FINANCE DEPARTMENT Mr. Dilip. Chandak managing director and the head of the financial departments. All the financial affairs to the company are deal with through this dept. the following is the organizational chart of Vegas finance a/c dept. Mr. Dilip. Chandak manager of this dept. has two assistants who assist him to carry out the following jobs. Maintaining the books of accounts Issuing cash to the required dept Preparing the invoice and bills This dept is completely computerized. They carry the cash transaction through the State Bank of India Here all the payments of staff members are made through the online system. Here all the staff members get their salary through ATM & not by cash or hard. Here the payment of stock or purchase are made by the DD

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VEGA AUTO ACCESSORIESRESEARCH AND DEVELOPMENT This department is managed by Mr. Uttam Chandak. They have a technical assistance from COMPOCH COMPOSITE of the Italy COSMOPOLITAN Motors of USA and marong these companies update the informations of Vega by giving the informations about the change in the market such as new technology used to manufacture the helmet. The new design needed the international market and so on. The function of the department is as follows: To find the new vendor only if there is a problem with the old vendor or if they are charging high price. To solve any technical problem if arises in the production department. To test the raw materials i.e. if they are of the required quality. To design a helmet as per the information provided by the marketing dept. based on the needs of the customer and the market demand. The amount spent on the Research and Development is 5-7% of the turn over. In future it is estimated that it may increase to 12% as they are setting up a new production plant. This is all about the departmental structure of the organization Vega. In all the departments of Vegas structure is very simple. Designing complex helmets manufacturers in the world to be able to deliver to custom made helmets with unique and attractive design and model to choose from. As we know it is a fully computerized R&D dept, which is the key successful factor of the company. Vega utilizes the latest technology in copy CAD for reverse engineering and also develops the machine programs for all the moulds tools using declaims power mill, thus it is running the all parameters of business in a very successful

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VEGA AUTO ACCESSORIESand competitive manner. The entire area covered by the company is around 40000 sq. ft. in its functioning at a very centralized place in the city. It is said in Marathi, murti lahan pun kirti Mahan i.e. small in size but big in its popularity/ familiarity. Thus Vega becomes a name which is known for helmets, but in Belgaum it is a real fact that the helmets are known to the people by VEGA. This is so because helmets are manufactured in Vega when in Belgaum it doesnt have any demand.

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QUALITY CONTROL DEPARTMENT Quality control is the main thing which is required by the production company. The Vega has ISO 9000 200 I quality marks and it products ISI quality helmets. The quality control department is emphasis on quality maintenance at the every stage of the production. The products are produced according to the specification and the quality is maintained at every stage. Manufacturing the specified quality and quantity of helmets given by clients by and customers. There are supervisors who regularly check every helmet so that quality is maintained. After each process is finished the supervisor check the product and it is not standard then they reject the sample. At last the final testing is done and the product is passed to selling it of the desired quality.

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OBJECTIVES OF THE COMPANY The Vega Auto Accessories have their own style in the objectives to each part I- Customer Offer the most feasible solution Offer standardized product Maintain consistency in the quality Process the order in time Meeting the statutory requirements in time II- Business strategy Increase turn over and profit Be the best in the industry No market exploitation Proving its capability & strengths with unity III- Operation Best environment for work Maintain consistency in quality Reduced cycle time of operation

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VEGA AUTO ACCESSORIES Ensure customer satisfaction Improve standard

IV- Employee Provide better working condition Pay fair wages Do not employee minor Follow labour laws V- Society Responsible corporate citizenship Involvement with surrounding community Reduce pollution and per sure environment Provide employment opportunities

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SWOT ANALYSIS

Here we can see the strong and week points and the future opportunities & risk the company is going to face. S - Strengths W-Weaknesses` O- Opportunities T- Threats STRENGHS: Modern technologies and equipments, hi-tech machineries Both the combination of work i.e. man and machinery Very simple and efficient management Only sufficient working hours, no over burden work WEAKNESSES:

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Lack of skills in workers i.e. only educated and not graduate are more in number in the workers No space for outsider in top management Only product oriented company i.e. only helmet OPPORTUNITIES: Brand popularity in market i.e. why they easily brand their manufacturing product nos. Globalization in market Well maintained value for the business Scope in making the company fully machineries THREATS: Increasing number of competitors No permanency of design accepted by the customer Vigorous or plentiness in manufacturing unit compare to customer High rate of taxes imposed on products on importing Only one brand and no sub brands. Political and legal implications or conditions of the government.

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FINDINGS

There is a good relationship of employee with their superior management Vega Auto Accessories provides good quality products to the customers. The organization is not providing more welfare facilities to the employees because there is huge number of temporary workers Company workers are well discipline and attend their duties in time Working environment in the company is good The premises of Vega Auto Accessories are kept clean The company has fully implemented TQM in the organization The security department is very strict There is no canteen facilities to their worker Only sufficient working hours no over burdened work

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VEGA AUTO ACCESSORIESSUGGESTION Provide Safety measures to contact a temporary employee Arranging motivational programs for employees Provide canteen facilities to their workers

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CONCLUSION Organization study at Vega Auto accessories Pvt. Limited has been a great experience. It has helped me to understand the working of an organization to a great extent. This has also been an excellent learning process with respect to interaction with different people from various departments. The kind of practical exposure it has rendered me is exceptional. The study has lead me to understand the various strategies relating to production, marketing, HR, finance etc. The company was extremely helpful in providing all the requisite information. The heads of the various departments were always accessible to gather the information from them. The facts and figures required were told without any hesitations. Overall it was a great way of learning about the organizations functioning and the way of developing interaction skills, which will definitely be a great guidance for my future.

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BIBLIOGRAPHY BUSINESS ORGANISATION BY Mr. K BHUSHAN PRINCIPLE OF MARKETING BY PHILIP KOTLER COMPANY REPORTS AND RECORDS INTERNET www.vegahelmets.com www.vegaauto.com

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Vega helmets organisational study

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