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SUMMER TRAINING REPORT
For
THAI SUMMIT AUTOPARTS INDIA PRIVATE LIMITED
By
AKSHAYA.R
Reg No : 412818631005
Of
VALLIAMMAI ENGINEERING COLLEGE
Submitted to the
FACULTY OF MANAGEMENT STUDIES
In partial fulfilment of the requirements for the award of the degree
Of
MASTER OF BUSINESS ADMINISTRATION
ANNA UNIVERSITY CHENNAI – 600025
JULY 2019
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BONAFIDE CERTIFICATE
This is to certify that this summer training report is the bonafide work of AKSHAYA.R
Reg.No:412818631005 for THAI SUMMIT AUTOPARTS INDIA PRIVATE
LIMITED who carried out the work under my supervision. Certified further, that to the best
of my knowledge, the work reported herein does not form part of any other summer training
report on the basis of which a degree or award was conferred on an earlier occasion on this
or any other candidate.
______________________________ ______________________________
Mr.senthamilselvan,M.B.A.,M.Phil,(Ph.D.,) Dr. J. Padmini M.B.A, Ph.D
Assistant Professor (S.Gr) Head of the Department
Valliammai Engineering College Valliammai Engineering College
Kattankulathur Kattankulathur
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DECLARATION
I, AKSHAYA.R student of the Department of Management Studies, Valliammai
Engineering College, Kattankulathur, declare that the Summer Training Report, for THAI
SUMMITAUTOPARTS INDIA PRIVATE LIMITED is in partial fulfilment of Master’s
Degree of Business Administration. This is my original work and not submitted for the award
of any degree, diploma, fellowship or other similar title or prizes.
Place: Signature of the Candidate:
Date: (Akshaya.R)
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ACKNOWLEDGEMENT
I would like to express my sincere thanks and gratitude to all those who made it
possible to complete this summer project. I am also indebted to thank our Principal,
Dr. B Chidhambararajan, M.E., Ph.D., for permitting me to do the summer training.
I furthermore thank the head of the department Dr. J. Padmini M.B.A., Ph.D. for
the support and constant encouragement given to me.
I am obliged to my guide Mr. senthamilselvan, M.B.A., of my department for his
valuable information’s and guidance throughout my summer training. He stood as a great
support and I am grateful for his cooperation during the period of my summer internship.
Finally, yet importantly I would like to express my heartfelt gratitude and thanks to
the Mr. SRINIVASALU SURESH, Finance Manager of THAI SUMMIT
AUTOPARTS PRIVATE LIMITED who guided me in all aspects of my project.
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TABLE OF CONTENTS
CHAPTER NO. TITLE PAGE NO.
I INTRODUCTION 1
1.1 Profile Of The Company 2
1.3 company overview 15
1.4 product profile 20
1.5 Organization Chart 25
II PRODUCTION DEPARTMENT 27
2.1 Plant location 27
2.2 Plant layout 27
2.3 Production and Planning Control (PPC) 27
2.3.1 Production Process 27
2.3.2 Machinery Details 28
2.3.3 Types of production system 33
2.3.4 Flow Chart 34
2.4 Quality Policy and Control 35
2.5 Maintenance 37
2.6 Inventory control and management 39
2.7 Purchase
2.8 Material management
III HUMAN RESOURCE MANAGEMENT 41
3.1 Recruitment and Selection 42
3.2 Wages and Salary Administration 43
3.3 Performance Appraisal 43
3.4 Industrial Relations 45
3.5 Training and Development 47
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IV FINANCE DEPARTMENT 50
4.1 Capital Structure 50
4.2 Mobilization of funds 50
4.3 Cost of Capital 50
4.4 Working Capital 53
4.5 Statement of Accounts 56
4.6 Monthly Turnover 57
V MARKETING DEPARTMENT 60
5.1 Organizational Structure 61
5.2 Roles And Responsibilities 61
5.3 SWOT Analysis 62
5.4 Marketing Strategy 64
VI SECRETARIAL DEPARTMENT 64
VII RESEARCH AND DEVELOPMENT 65
VIII CONCLUSION 68
BIBLIOGRAPHY
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LIST OF TABLES
TABLE NO. DESCRIPTION PAGE NO.
1.1 Balance Sheet as on March2014-2018 45
1.2 Monthly Turnover of 2017 45
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CHAPTER-1
INTRODUCTION
An automobile (or automotive) is a vehicle that is capable of propelling itself. Since
seventeenth century, several attempts have been made to design and construct a practically
operative automobile. Today, automobiles play an unimaginable role in the social, economic
and industrial growth of any country. After the introduction of internal combustion engines,
the Automobile industry has seen a tremendous growth. Automobiles which includes car,
motorbike, bus etc.
A car (or automobile) is a wheeled motor vehicle used for transportation. Most
definitions of car say they run primarily on roads, seat one to eight people, have four tires,
and mainly transport people rather than goods. It comprises of various components like
Engine or Power Plant, Frame and Chassis, Transmission, Body, And Accessories.
A motorcycle, often called a bike, motorbike, or cycle, is a two- or three-wheeled
motor vehicle. Motorcycle design varies greatly to suit a range of different purposes: long
distance travel, commuting, cruising, sport including racing, and off-road riding.
Motorcycling is riding a motorcycle and related social activity such as joining a motorcycle
club and attending motorcycle rallies.
Motorcycle components and systems for a motorcycle are engineered, manufactured,
and assembled in order to produce motorcycle models with the desired performance,
aesthetics, and cost.
The primary raw materials used in the manufacture of the body of motorcycle are
metal, plastic and rubber. The motorcycle frame is composed almost completely of metal, as
are the wheels. The frame may be overlaid with plastic. The tires are composed of rubber.
The seat is made from a synthetic substance, such as polyurethane.
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1.1 COMPANYPROFILE
Thai Summit Group is the leading auto parts manufacturer of Thailand. The group was
established back in 1977 and has a major role to drive Thailand's important auto parts
industry. Thai Summit Group has manufacturing facilities at all major industrial clusters
based in Laemchabang, Nakornnayok, Rayong and SamutPrakan in Thailand and have
global manufacturing facilities in China, India, Indonesia, Japan, Malaysia, USA and
Vietnam.
Currently Thai Summit Group has more than 40 subsidiary companies covering
manufacturing activities for all important industries of Thailand.
Before We Build Parts, We Build People.
VISION OF THE COMPANY
“Be a leader in two-wheeler and automotive parts manufacturer and achieve customer,
stakeholder delight through excellence in all of system and activities”
MISSION OF THE COMPANY
“Committed to develop, manufacture and deliver with high quality parts at competitive cost
with profitability to our stakeholders through passion and happiness”
PASSION
“Customer and stakeholder happiness with service from team happiness”
QUALITY POLICY
Happy work place organization and high quality awareness organization.
Setup 4M complete in all areas and effectiveness in implementation.
Produce high quality of product, On time delivery and suitable and sustainable cost
to make customer satisfaction.
VALUE
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THAI SUMMIT INDIA PLEDGE
1) INTEGRITY
To be honest and open in all my dealings
2) FAIRNESS
To provide good value for money and top quality
3) RESPONSIBILITY
To meet all my statutory obligation and happiness to all stakeholders
4) PROFESSIONALISM
To maintain the highest appropriate standards of technology and employee skills
5) SUSTAINABILITY
To ensure the best possible financial, social and environmental performance of the
business
1.1.2 HISTORY OF THE COMPANY:
India is a fascinating country. By foreign investors from around the world are willing to
invest the most is Mauritius the investment is one followed by Singapore England Japanese
the Netherlands US Cyprus Germany etc The Indian government has opened to foreign
investment in many sectors. Such as Automotive and Parts flight Biotechnology
Construction energy IT medical supplies Electronic Knicks. And the service sector such as
Tourism and banking etc.
The company's factory Thailand Summit they met with Mr. Somchai. Thavisouk proper
Company executives Thailand Summit Autoparts India and team manager of the company
over Somchai's Team executives have told that Thailand plant of this Summit. As part
manufacturing structural steel for cars, scooters and motorbikes by name Thai Summit
Autoparts India Private Ltd. and began operations and production in the year of 2015. In the
first phase investment totaled upto 800 Crore.
Thailand Summit gain the trust of the Yamaha was persuaded to work together the
production of steel structures and components. Body part and frame part enter the Factory
Yamaha motorcycle with factories, suppliers of Japan 8 factories under the concept of "One
Factory Concept".
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Factory Yamaha's commitments to both 9 Suppliers are located in the same area to reduce
management costs and transportation including reducing imports some parts from overseas.
"The plant is Thailand Summit produced the steel frame of the motorcycle at all. Thailand
is the only company that has been trusted by Yamaha. As a supplier of India, despite the
many but the point at issue is capacity Low It has quality problems"
For the Indian motorcycle market, it is the largest market in the world both in terms of
production and sales. By Two-wheel motorcycle market the car is a motorcycle and scooter
India's average growth percentage. 8.7 And total sales 16.5 million vehicles.
First company in India to do Joint Venture Company JBM group of India to produce
automotive parts manufacturers, automotive companies to enter many of the Indian and
Japanese.
Present Thailand factory employs Summit the Tamil Nadu including Thailand. 20 people
and some are bringing in employees from working more temporary. Especially if there is a
need for training and technology transfer to Indian employees however this plant is intended
to be used in production. By bringing automation systems (Automation) used more to
contribute to the 50 percentage.
1.2 COMPANY OVERVIEW:
Thai Summit Group is strongly committed for development of production capabilities
including enhancement of the management of the organization at the forefront of the Thai
automotive industry by utilizing the available resources efficiently and effectively, including
the development of innovation and technology. This commitment enables the group to
produce qualitative products, which is an important element for the automotive, Electronics
and agriculture industry and had ensured the steadily growth for more than past three
decades.
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1.2.1 WELFARE
S.no. Subject To Whom
1 Marriage Gift To White Collar & Blue Collar Rs.2000/-
2 Festival Gift & Sweets To White Collar & Blue Collar
3 First Aid Medical Centre To all employees for first aid treatment.
4 Uniforms & Shoes
Trainee Uniform Per year
– T Shirts - 3 No.s
- Pants – 2 No.s
- Safety Shoes – 1 No.s
5 Canteen & Transport Food & Transport on subsidized prices.
6 Personal Accident Policy Insurance coverage of Rs. 2 Lacs per trainee
7
Employee State Insurance
Corporation (ESIC)
Towards medical facility to self & family
8 Self Transport
Those who are interested they can claim
Rs.83/- per day basis if self transport
1.2.2 THE VARIOUS DEPARTMENTS
1. Production and quality department
2. Finance department
3. Human resourece department
4. Marketing and purchase department
5. New product development department
6. Tools department
1.2.3 WORLD WIDE BRANCHES
1. THAILAND-(Headquarters)
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2. INDIA – Chennai, Gurgaon, Pune, Himachal & Pant nagar
3. MALAYSIA - Shato alam, Tanjongmalim, Kliang & Tanjongmalim
4. INDONESIA - West jawa
5. JAPAN - Ota, Tatebajashi & Yabutsuka
6. AMERICA - Howell, Michigan
1.2.4 BUSINESS UNIT GROUP-WORLDWIDE:
Thai Summit Group has set the standards for the manufacturing of auto component for
Autoparts industry in Thailand. The group has expanded globally having manufacturing
facilities all around in Asia and America. Our group has always emphasized on modern &
standardized manufacturing facilities. We believe that use of modern and state of art
technologies in manufacturing will enable us to meet our global customers needs more
efficiently.
1.2.3 TYPES OF MANUFACTURING PRODUCTS BY ITS GROUP
Car body
Interior/exterior
Wiring harness
Machine, fogging, die casting
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Cario
Chassis
Tooling
Motorcycle frame
1.2.4 THE MAJOR CUSTOMERS ARE,
India Yamaha Motor Private - Surajpur
India Yamaha Motor Private Limited - Sales
Johoku Manufacturing Pvt.Ltd
MINDA INDUSTRIES LTD
Royal Enfield- (A Unit of Eicher Motors Ltd)
SEKISUI DLJM MOLDING PVT LTD.
TS SHAPE INDIA PRIVATE LIMITED
VPS Enterprises
1.4 PROFILE OF THE PRODUCT
Thai Summit is a leading company producing motorcycle parts in South East Asia. For
motorcycle frames, our capacity of motorcycle frame is more than one million per year. And
it also produce other parts, such as fuel tanks, brakes, clutches, tail pipes and handle bars
and car’s frame.
In Thai Summit Autoparts India Private Limited (sriperumbathur) the products producing
are,
Bike body frame-HANDLE BAR,SEAT REAR,BRACKETS,STANDS,HEAD
TUBE,PIPES,FOOT REST ETC.(ROYAL ENFIELD,YAMAHA)
Car -BUMPER(FORD)
1.4.1 AUTOPARTS
1.4.1.1 BIKE BODY FRAME
BIKE frame is one of those parts that combines practicality and performance, mundanity
and marvel. On one hand, it's a simple hunk of metal it's a simple hunk of metal used to
secure pieces like the seat, engine and the suspension. And on the other, it has to be an ideal
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structure: one that doesn't flex, weighs as little as possible and is accurately built with the
proper geometry so things like tank slappers don't become the norm.
The basics are pretty straightforward (as basics tend to be). The frame has to hold the rider
(and maybe a pillion), while mounting the engine, suspension, a steering mechanism and a
stack of smaller systems like electronics, bodywork, luggage, a fuel tank and exhaust (just
to name a few).
1.4.1.1.1 HANDLE BAR
A motorcycle handlebar is a tubular component of a motorcycle's steering mechanism.
Handlebars provide a mounting place for controls such as brake, throttle, clutch, horn, light
switches and rear view mirrors; and they help to support part of the rider's weight. Even
when a handlebar is a single piece it is usually referred to in the plural as handlebars.
1.4.1.1.2 FOOT REST
It allows the seated person to rest their feet upon it, supporting the legs at a mostly horizontal
level, thus giving rise to the alternate term footrest. High quality footstools are height–
adjustable.
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1.4.1.1.3 SIDE AND MAIN STAND
Bikestand is a device on a bicycle or motorcycle that allows the bike to be kept upright
without leaning against another object or the aid of a person. It is usually a piece of metal
that flips down from the frame and makes contact with the ground. It is generally located in
the middle of the bike or towards the rear. Some touring bicycles have two: one at the rear,
and a second in the front.
1.4.1.1.4 HEAD TUBE
The head tube is the part of a cycle's tubular frame within which the front fork steerer tube
is mounted. On a motorcycle, the "head tube" is normally called the steering head. On
bicycles the manufacturer's brand located on the head tube is known as a head badge.
1.4.1.1.5 PIPE
The stem is the component on a bike that connects the handlebars to the steerer tube of the
frame fork. Sometimes called a goose neck, a stem's design belongs to either a quill or
threadless system, and each system is compatible with respective headset and fork designs.
1.4.1.1.6 BRACKETS
The bottom bracket shell is a short and wide tube, relative to the other tubes in the frame,
that runs side to side and holds the bottom bracket. It is usually threaded, often left-hand
threaded on the right (drive) side of the bike to prevent loosening by fretting induced
precession, and right-hand threaded on the left (non-drive) side. It will be over-sized,
unthreaded, and possibly split in the case of an eccentric bottom bracket. The chain stays,
seat tube, and down tube all connect to the bottom bracket shell.
1.4.1.1.7 SEAT STAY
The seat stays connect the top of the seat tube (often at or near the same point as the top
tube) to the rear dropouts. A style of seat stay that extends forward of the seat tube, below
the rear end of the top tube and connects to the top tube in front of the seat tube.
1.4.1.2 CAR BODY-BUMPER
A bumper is a structure attached to or integrated with the front and rear ends of a motor
vehicle, to absorb impact in a minor collision, ideally minimizing repair costs. Numerous
developments, improvements in materials and technologies, as well as greater focus on
functionality for protecting vehicle components and improving safety have changed bumpers
over the years. Bumpers ideally minimize height mismatches between vehicles and protect
pedestrians from injury.
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DEPARTMENTATION
Departmentation is a means of dividing the large functional organisation into smaller, flexible
administrative units. It makes grouping of activities into units and sub-units created through
departmentation which are known as department, division, section, branch etc.
LIST OF DEPARTMENTS
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CHAPTER-2
PRODUCTION DEPARTMENT
A production department is the process by which raw materials are converted into finished
products. This department plays important role in the development of the company’s turnover.
The production department must ensure that the products are done by a cheap method and it is
done at the proper time
2.1 Plant location
Thai Summit It is located in an industrial estate Vallam Vadagal SIPCOT Industrial Park
Kan's key district board (Kancheepuram) away from the city of Chennai. Tamil Nadu to the
southwest around. 46 kilometer
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2.2 Production planning control
The stages of Production planning and control has three phases namely:
Planning Phase
Action Phase
Control Phase
Phases of production planning and control:
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2.2.1PLANNING
Planning is an exercise of intelligent anticipation in order to establish how an objective can be
achieved or a need fulfilled in circumstances, which are invariably restrictive. Production
planning determines the optimal schedule and sequence of operations economic batch quantity,
machine assignment and dispatching priorities for sequencing. It has two categories of planning
namely
Prior planning
Active planning.
2.2.1.1PRIORPLANNING
Prior planning means pre-production planning. This includes all the planning efforts, which are
taking place prior to the active planning.
Module-of-preplanning
The modules of prior planning are as follows:
Product development and design is the process of developing a new product with
all the features, which are essential for effective use in the field, and designing it
accordingly. At the design stage, one has to take several aspects of design like, design
for selling, design for manufacturing and design for usage.
Forecasting is an estimate of demand, which will happen in future. Since, it is only
an estimate based on the past demand, proper care must be taken while estimating it.
Given the sales forecast, the factory capacity, the aggregate inventory levels and size
of the work force, the manager must decide at what rate of production to operate the
plant over an intermediate planning horizon.
Aggregate planning aims to find out a product wise planning over the intermediate
planning horizon.
Material requirement planning is a technique for determining the quantity and
timing for the acquisition of dependent items needed to satisfy the master production
schedule.
2.2.1.2ACTIVEPLANNING
The modules of active planning are: Process planning and routing, Materials planning. Tools
planning, Loading, Scheduling etc.
Process planning and routing is a complete determination of the specific
technological process steps and their sequence to produce products at the desired
quality, quantity and cost. It determines the method of manufacturing a product selects
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the tools and equipments, analyses how the manufacturing of the product will fit into
the facilities. Routing in particular prescribes the flow of work in the plant and it is
related to the considerations of layout, temporary locations for raw materials and
components and materials handling systems.
A material planning is a process which determines the requirements of various raw
materials/subassemblies by considering the trade-off between various cost
components like, carrying cost, ordering cost, shortage cost, and so forth.
Tools’ planning determines the requirements of various tools by taking process
specification (surface finish, length of the job, overall depth of cut etc.), material
specifications (type of material used, hardness of the material, shape and size of the
material etc.) and equipment specifications (speed range, feed range, depth of cut
range etc.).
Loading is the process of assigning jobs to several machines such that there is a load
balance among the machines. This is relatively a complex task, which can be managed
with the help of efficient heuristic procedures.
Scheduling is the time phase of loading and determines when and in what sequence
the work will be carried out. This fixes the starting as well as the finishing time for
each job.
2.2.2ACTION
Action phase has the major step of dispatching. Dispatching is the transition from planning
phase to action phase. In this phase, the worker is ordered to start manufacturing the product.
The tasks which are included in dispatching are job order, store issue order, tool order, time
ticket, inspection order, move order etc.
The job order number is the key item which is to be mentioned in all other
reports/orders.
Stores issue order gives instruction to stores to issue materials for manufacturing the
product as per product specifications. As per tooling requirements for manufacturing
the product, the tool Order instruct the tool room to issue necessary tools.
Time ticket is nothing but a card which is designed to note down the actual time taken
at various processes. This information is used for deciding the costs for future jobs of
similar nature and also for performing variance analysis, which helps to exercise
control.
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Job order is the official authorization to the shop floor to start manufacturing the
product. Generally, the process sequence will contain some testing and inspection. So,
these are to be instructed to inspection wing in the form of inspection order for timely
testing and inspection so that the amount of rework is minimized. The manufacture of
product involves moving raw materials/subassemblies to the main line. This is done by
a well-designed materials handling system. So, proper instruction is given to the
materials handling facilities for major movements of materials/subassemblies in the
form of a move order. Movements which involve less distance and fewer loads are
managed at the shop floor level based on requests from operators.
2.2CONTROL
The control phase has the following two major modules:
Progress reporting, and
Corrective action.
1. PROGRESS-REPORTING
In progress reporting, the data regarding what is happening with the job is collected. Also,
it helps to make comparison with the present level of performance. The various data
pertaining to materials rejection, process variations, equipment failures, operator efficiency,
operator absenteeism, tool life, etc., are collected and analyzed for the purpose of progress
reporting. These data are used for performing variance analysis, which would help us to
identify critical areas that deserve immediate attention for corrective actions.
2. CORRECTIVE-ACTION
The tasks under corrective action primarily make provisions for an unexpected event. Some
examples of corrective actions are creating schedule flexibility, schedule modifications,
capacity modifications, make or buy decisions, expediting the work, pre-planning, and so
on. Due to unforeseen reasons such as, machine breakdown, labor absenteeism, too much
rejection due to poor material quality etc., it may not be possible to realize the schedule as
per the plan. Under such condition, it is better to reschedule the whole product mix so that
we get a clear picture of the situation to progress further. Under such situation, it is to be re-
examined for selecting appropriate course of action. Expediting means taking action if the
progress reporting indicates deviations from the originally set targets. Pre-planning of the
whole affair becomes essential in case the expediting fails to bring the deviated plan to its
right path.
