Larsen & Toubro (L&T) is one of India's largest and most respected private sector engineering, procurement and construction companies. It was founded in 1938 in Mumbai by two Danish engineers and has grown to be a multinational conglomerate with operations in engineering, construction, technology, power and financial services. L&T operates through various divisions and has manufacturing facilities in India as well as overseas. It is known for its capabilities across various core economic sectors in India including transportation, urban infrastructure, hydrocarbons and power.
3. INTRODUCTION ABOUT
PRODUCTION AND OPERATION
MANGEMENT
• Production : The use of resources, such
as workers and machinery, to convert
materials into finished goods and services
• Production and Operation Management :
The process of overseeing the production
process by managing the people and
machinery that convert materials and
resources into finished goods and services
5. INTRODUCTION
• Founded in Mumbai in 1938 by two Danish Engineers,
HENNING HOLCK-LARSEN and SOREN KRISTIAN
TOUBRO.
• One of the largest and most Respected Companies in
India’s private sector.
• An Indian Multinational Conglomerate
• LARSEN AND TOUBRO is a major Technology,
Engineering, Construction and Manufacturing Company.
• L&T ranked among Asia’s Top 5 most sustainable
companies.
• L&T became a private limited company in 1946. It then
became a public limited company in 1950.
7. • L&T is having capabilities in most core economic sectors
like, transpiration infrastructure, urban infrastructure,
hydrocarbons, power and industrial
projects.
• It is having collaboration with the global leaders in
technology and projects.
• L&T is having manufacturing facilities in India, China,
Oman and Saudi Arabia.
8.
9. L & T CONSTURCTION
• L&T Construction ranks among the top
international contractors.
• Its portfolio encompasses engineering,
design, procurement and construction of
buildings, infrastructure and industrial
development projects covering civil,
mechanical, and electrical and
instrumentation disciplines.
• Sophisticated construction equipment
and project management tools for quality,
safety and speed are used.
10. OPERATING DIVISIONS
• Engineering and Construction project (E & C)
• Heavy Engineering (HED)
• Engineering Construction and Contracts (ECC)
• Electrical and Electronics (EBG)
• Machinery and Industrial Products (MIPD)
• Information Technology and Engineering Services
L& T:
Larsen & Toubro Ltd – an engineering and construction major .It is
most reputed companies in India’s private sector.
11. L &T Group
Electrical &
Electronics
Engineering &
Construction
Technology
Services
Information
Technology
Infrastructure
Development
Projects
Machinery &
Industrial
Production
Financial
Services
12. • The most important link in Supply Chain Management, supports the
global operations of the Company by catering to the needs of all its
offices, factories and projects spread across India and abroad.
• To manage the growing business volume and to support the
Division's global operations, procurement offices have been
established in China .
• The Resources Support Department fulfills
the resource requirement of manpower and
Plant & Machinery for various projects .
SUPPLY CHAIN
MANAGEMENT
13. CONCLUSION
ADVANTAGES OF L&T
COMPANY
DISADVANTAGES OF
L&T COMPANY
• Great place to work
• You get to different responsibilities
• Chance to develop your basic skills
• Taking Care of Employees through
right time Payment/Health
care/Appreciation/Security etc.
• Good training programmes.
• Work duration is more- 14 to 15
hours a day & feels like whole
life is in L&T.
• Lesser yearly bonus.
• The management at higher
level don't keep a watch on the
good employees.
14. RECOMMENDATION
• L & T is one of the leading player in Indian
industry.
• Poised for good growth in future
considering the got focus and spending
on infrastructure, power and its strategic
plans.
• But it need to work on a plan to manage
its operational efficiencies.
16. FUTURE PLANS
Chairman of L&T
A.M. Naik.
Going forward, my plan for the next two-and-
half years is to work on the next five- year
plan – 2016 to 2021 – to build a team and
complete the succession planning exercise.
L & T has too many businesses and needs to
reduce complexity by rationalising its
portfolio so that it can achieve greater focus.
L & T has business interests in construction,
heavy engineering, power shipbuilding,
defence manufacturing, information
technology, finance and realty.