Ferro Alloys Corp. Ltd. (FACOR) is one of India's largest producers and exporters of high-carbon ferrochrome and ferromanganese. It was founded in 1955 in Andhra Pradesh and has since diversified its product portfolio and expanded internationally. The organization aims to supply high-quality steel products through innovative technologies while focusing on continuous improvement, business ethics, and shareholder value. It has a functional structure led by a chairman and managing director and has departments for finance, purchasing, production, quality control, marketing, and human resources. FACOR uses an SAP software system for accounting and tracks employees from hiring to payroll processing. It plans to invest in power projects and set up an international

1. ORGANISATION STRUCTURE
TRAINING
Ferro Alloys Corp. Ltd.(FACOR)
By Shelin Shaji
Mentor : Prof. Swapnil
Mackasare

2. Plant in Shreeramnagar, Andhra Pradesh

3. History of the Organization
•Founded in 1955 by Shri Durgaprasadji Saraf, expanded
and diversified by Late Shri Umashankarji Agrawal, the
eldest son of the founder and the chairman and managing
director of the group. Ferro Alloys Corporation Ltd widely
known as Facor group.
•The group that started its journey with a Ferro
Manganese plant in Shreeramnagar, Andhra Pradesh to
produce Ferro Manganese, diversified into various types
of Ferro Alloys.

4. •Today Facor group is one of the India's largest and
established producers and exporters of high Carbon
Ferro Chrome/Charge Chrome worldwide, an
essential ingredient for the manufacture of steel and
stainless steel.
•Facor group exports its products to several countries
like China, Germany, Korea, Japan, Italy, Netherland,
Taiwan, Turkey and USA.

5. MISSION
To supply high-quality steel products, providing related
services and solutions to a worldwide client base while
utilizing innovative technologies within an environment of
motivated employees focused on continuous improvement,
highest business standards, work ethics and corporate
citizenship, leading to added value to our customers and
sustained return on investment to our shareholders.
OBJECTIVES
Provides training in steel technology for the various levels of
manpower within the industry and other allied industries to
meet job requirement. Reduces reliance on overseas training
thereby saving scarce foreign exchange earnings. Fosters self
reliance within the steel industry in the area of training and
development thereby helping the economy of our nation to
grow.

6. ORGNIZATION STRUCTURE
CHAIRMAN
MANAGING
DIRECTOR
BOARD OF
DIRECTORS
GM
PRODUCTION
GM
PURCHASE
GM
FINANCE
GM
MARKETING
GM
HR
GM
QUALITY
CONTROL

7. PROFILE OF THE PRODUCTS
1. FERROCHROME
Ferrochrome is an alloy of chromium and iron which is an
essential ingredient for the manufacture of steel and
stainless steel.

8. 2. FERROMANGANESE
Ferromanganese is an alloy with high content of manganese
and is used as a deoxidizer for the production steel.

9. DEPARTMENTS AT WORK
• FINANCE
• PURCHASE
• PRODUCTION
• QUALITY CONTROL
• MARKETING
• HR

10. KRA OF THE ORGANIZATION
The following are the key result areas that the organization
focuses on.
• Profit
• Client Satisfaction
• Diversification
• System, Procedures and Technology

11. SYSTEM OF ACCOUNTING FOLLOWED
The accounting system of Facor Alloys Corp. Ltd is supported by
software system SAP. It builds service orientation directly into
its solutions through a technology called as SAP NetWeaver.
Functional units of SAP are split across different organizational
units for R&D needs, field activities and customer support. The
main advantage of SAP system is that, this system enables the
users to get to know the full details of an employee right from
the day of his/her arrival in the organization.
Pay role is processed using SAP. Even if an employee is absent,
that will be also marked in his profile using SAP. Finally, when an
employee salary is computed, the SAP will calculate his/her
salary depending upon the number of leaves taken. This will
help the organization into reducing its human effort.

12. SWOT ANALYSIS OF THE ORGANIZATION
STRENGTHS AND OPPURTUNITIES
• COMPANY IS MANAGED BY EXPERIENCED PROFESSIONALS
• POWER CONCESSION FROM GOVERNMENT
• PROPOSED CONVERSION ORDER FROM TATA STEEL LTD.
• INTERNATIONAL MARKET DEMAND
WEAKNESS AND THREATS
• CYCLIC NATURE OF INDUSTRY
• PRICE VOLATILITY
• INDUSTRY IS POWER INTENSIVE
• STIFF COMPETITION FROM FOREIGN MARKET

13. SIGNIFICANT FACTORS FOR SUCCESS
• The company set themselves apart in being innovative at
every stage. They were the pioneers in introducing unique
packaging, product quality, technological impediments ,
marketing techniques, machineries etc.
• The company made the right move at the right time by
expanding to the market oversees.
• The company has been serving the market for more than 50
years and is well accepted by the target market.
• The company also incorporated to undertake business of real
estate and infrastructure.

14. FUTURE PLANS FOR THE GROWTH OF THE
ORGANIZATION
The organization plans to invest in the power sector and to capitalize
on the opportunities in this sector, it has lined up major power
ventures.
The organization is also in the process of setting up a plant in South
Africa to cater to the international market demands