"Internship Report'' ON Mitter Fasteners''
"Internship Report'' ON Mitter Fasteners''
"Internship Report'' ON Mitter Fasteners''
ON
Mitter Fasteners
TABLE OF CONTENTS
1
SR. PAGE
NO. PARTICULARS NO.
1. ACKNOWLEDGEMENT 3
2. COMPANY PROFILE 4
3. ESTEEMED PARTONS 8
4. ORGANISATIONAL STRUCTURE 11
5. RESEARCH METHADOLOGY 13
6. INTERNSH PROFILE 15
ACKNOWLEDGEMENTS
2
Every project big or small is successful largely due to the effort of a number of
wonderful people who have always given their valuable advice or lent a helping
hand. I sincerely appreciate the inspiration; support and guidance of all those people
who have been instrumental in making this project a success.
I would also like to thank all the faculty members of SCMS (Noida) for their critical
advice and guidance without which this project would not have been possible.
Last but not the least I place a deep sense of gratitude to my family members and my
friends who have been constant source of inspiration during the preparation of this
project work.
COMPANY PROFILE
3
Mitter Fasteners are pioneer manufacturer and supplier of Nuts, Bolts, Washers,
Sheet Metals from last 3 decades. Mitter Fasteners offer comprehensive
manufacturing services for varied business houses.
Founded by Mr. Devinder Sahani and Mr. Mukesh Sahani in 1982, Mitter
Fasteners was based upon the commitment to be Agents of Change in
revolutionary manufacturing and business practices. This principle was a
cornerstone of the new company and, over time, drove us to improve customer
support by aggressively expanding capabilities and service offerings.
Mitter Fasteners have an in-house production facility for Zn Plating (Cr3+), Heat
Treatment and a State of the Art Metallurgical Lab. They proudly supply to all major
OEMs in India and major buyers in Europe.
QUALITY
We are highly concerned about the quality we deliver. Each and every product that
gets manufactured at any of our 4 manufacturing locations adheres to the expected
quality standards. All 4 Manufacturing Facilities are ISO / TS 16949 : 2009
Certified.
FOUNDERS
Founded by Mr. Devinder Sahani and Mr. Mukesh Sahani in the year of 1982, Mitter
Fasteners have established a renowned position in the manufacturing and supply
industry by delivering high quality products at competitive prices.
They understand that its the driving force within the founders that brings success in
any company. Under the leadership of Mr. Devinder Sahani and Mr. Mukesh Sahani,
the company has been able to gain a larger market share. Both of them along with a
team of more than 550 people have been continuously working on the quality
standards over years and have been able to produce and sell high standard products
at competitive prices. They share a strong relation with our clients which gives them
confidence in spreading our name within the industry helping us to increase our list
of esteemed patrons.
They hope to continue delivering quality just the way we have been doing since
quite long now.
PRODUCTS
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Production of Nuts and Bolts takes places by the process of forging. Mitter Fasteners
have been able to successfully develop the latest in-house production of plan for
Cold Forging which has the Capacity to forge nuts till M24 size and where the
Tapping process happens from Taiwan.
Mitter Fasteners produces a variety of components from Sheet Metal like Washers,
Clamps, Clips, Cross Members and a variety of Special Components as per
Customer Specifications. We have a variety of Press Machines right from 5 Tonnes
to 500 Tonnes. The strength of the Press Shop comes from a very strong backing
from the In-House Tool Rooms in all the 4 Manufacturing Facilities. Machinery like
Computer Numerical Control (CNC) Wire Cut, Vertical
Milling Centre (VMC) and a dedicated work force. All tool designing is done In-
House on Designing Software like AutoCAD and SolidWorks.
6
ESTEEMED PATRONS
7
Mitter Fasteners have had the privilege of working with all major OEMs in India
and we take it seriously. They take their clients as partners and collaboratively work
with them to achieve results. They never compromise on the quality standards of our
deliverable which is why we are proudly associated with below mentioned
companies and more:
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FACILITIES
ORGANISATION STRUCTURE
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At Mitter Fasteners they follows absolute dedicated approach. The organization of
its manufacturing operations is based on product divisionalisation in to group of
products in which are similar in technology or manufacturing process. Each of these
group, are led by absolute manager. A central manager leads the corporate function.
Some of these functions in turn are reported to the managing director.
EXECUTIVE SUMMARY
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This is a project report based on the internship experience gathered at Mitter
Fasteners. This report is based on the secondary data and information gathered
while working in the company. The objective of this project report is to understand
the working of Mitter Fasteners and its market position.
The culture at Mitter Fasteners is quite diverse and more of a free working, as they
provide meals to their employees, recreation facilities and flexibility in working.
RESEARCH METHODOLOGY
12
The type of research methodology used is purely secondary source as my task was to
work for the company in its operations. So, there was no research involved at first
place. . Still while working at Mitter Fasteners, I used to cross check the information
collected by the sales team with the merchants.
Scope
The scope of working on this internship project was to understand the working of the
company as well as to dwell in its environment. The client base was national, as we
used to supply our products all over India. Also, to understand diversity in an
organization and Mitter Fasteners has majority of youth as its employees.
Limitations
The major limitation would be time spent at the organization as in mere a 1 month
time its quite difficult to understand a company and its workings. Also, there are
instances of language shift as and when interacted with customers on the national
level.
SWOT Analysis
Strengths
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1. High awareness Top of the mind product
2. Global presence
3. Superior technologies and a strong workforce of over 600+ poeple
4. Strong brand recognition and has won several accolades & awards
Weaknesses
1. Competitive Market
Opportunities
1. Opportunity to expand to further more countries
3. Rapid technology development
Threats
1. Intense competition
2. Business model can be easily imitated by other players but requires huge
investment.
The ideal candidate plays nicely with others and has a proven track record of success
leading a team of graphic artists, an understanding of screen-print and with
merchandising. Specific responsibilities include managing daily operations including
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providing supervision to employees as well as managing vendors, departmental
communications, stylistic direction and managing associated budgets.
Works closely with key individuals and teams to integrate strategic opportunities
into the prioritized workflow. Ensure cross-organizational support and extraordinary
results for customers and partners.
Success Factor:
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Good quality products
Efficient employees
Good machinery and plants.
Mitter Fasteners is major manufacturer of Nut, Bolts, Washers etc in North India and
it has received the best ISI mark for quality.
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Premises are huge and designed in such a way that the raw materials can
easily transferred from one department to another.
Safety is given main preference.
Discipline is being followed.
Pollution level is low.
Quality of the products is assured by doing nine different quality tests.
Everyday feedbacks are taken.
Excellent training and development system.
Employee performance appraisal system.
No discrimination for race, religion, decision making and actions.
Suggestions:
Problems can be detected early and treated to prevent deterioration welfare
and cost reduction.
Annual medical checkup for all workmen and employees. A small amount can
be deducted from the salary one time.
Cleanliness and orderliness has to be further improved.
Improve security measures by using electronic devices at all gates.
CONCLUSION
The study conducted at Mitter Fasteners which is the pioneer and market leader in
manufacturing of nuts, bolts, washers etc in North India, helped in getting a wider
outlook about the business environment and managing an organization. Organization
has many production centers all over North India and Taiwan, with operation all over
the world.
It was a general study regarding all functions and aspects of Mitter Fasteners. The
company has several functional departments through which it is operating. It is
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found that company has a good working environment and cordial relationship is
maintained between all departments for the smooth functioning and achievement of
the organization goal of maintain the companys brand image among the customers.
SWOT analysis is also done to analyze the Strength, Weakness, Opportunities and
Threats of the organization.
In conclusion I can say that this internship report is really essential for every student
of business studies to get idea about textile industry. By completing this report I
have got overall idea of manufacturing sector and these may be helpful to know
about the technical and management knowledge of garments industry also these
sector related organizations.
Doing my summer internship at Mitter Fasterners was really a good experience for
me because every person of there so much helpful and give me the proper methods
of practical learning.
BIBILIOGRAPHY
Websites Referred:
www.wikipedia.com
www.mitterfasteners.com
.
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