Presentation on Summer Training

in Blue Star on the Topic of

Presented to Presented By
Mohd.Alam
(MBA-
Finanace)
Roll No-
 Guiding values And beliefs

 To deliver a World - class customer Experience.

 Focus on Profitable company growth
 Be a company that is a pleasure to do business with.
 Work in a boundary less manner between division to provide the
best solution to the customer.
 Win our people’s heart and mind.
 Place the company’s interest above one’s own.
 Encourage innovations, creativity and experimentation in what we
do.
 Build an extended organization of committed business partner.
 Be a good corporate citizen.
 Maintain personal integrity.
 Ensure high standard of corporate governance.
 Honour all personal and corporate commitments.
 Quality policy
 To deliver world class
customer experience.
MORNING SPIRIT IN BLUE STAR LIMITED
SWINGING FORTUNE
HISTORY
 Mohan T Advani, an entrepreneur of exemplary vision and drive, founded blue
Star in 1943. The Company began as a modest 3-member team engaged in
reconditioning of air conditioners and refrigerators. Within three years, the
Company secured the agency for US-based Melchoir Armstrong Dessau's air-
conditioning equipment.
 Year
 1943 Mohan T Advani establishes Blue Star Engineering Company as a
proprietary firm
 1946 Blue Star secures Melchior Armstrong Dessau agency
 1947 Worthington selects Blue Star as Indian Partner. Manufacturing of ice
candy machines and bottle coolers begins. Central airconditioning system
design and execution begins
 1948 Manufacture of water coolers commences
 1949 Proprietorship converted to Private Limited Companies
 1954Blue Star selected as distributor for Honeywell
 1955 GDR Testing machines distributorship begins
cont

Perkin-Elmer tie-up marks the start of

•1957 the electronics business. GDR business
machines agency commences

•1960 Total Income crosses the Rs 1 crore mark

GDR Machine Tools distributorship
•1962
begins
•1964 Total employment crosses 1,000
Techniglas Pvt Ltd set up to manufacture
•1965
insulation material
Factory moves from Colaba in Mumbai to
•1969
Thane
Hewlett- Packard distributorship
•1970
commences
First skyscrapers of Mumbai – Air India
Building, Express Towers and Oberoi
•1972
Hotel set-up – all airconditioned by Blue
Star
 ORGANISATION CHART
Working Directors
President & Chairman & Chief
Executive Director Vice Chairman Executive Executive Director
EC Suneel M Advani EC
Ashok M Advani
EC
Satish Jamdar T G S Babu EC

AC & R Service Division Special Projects Finance & Accounts Packaged Airconditioner
B Thiagarajan Division H Rajaram Division
Vice President V V Inamdar Vice President Avinash Pandit
Executive Vice President EC
Vice President

Customer Service International Human Resources &

Central Plants Projects Quality Room Airconditioner
Ranajit Majumdar Division
Airconditioning Projects Vice President P Venkat Rao
Customer Service Division General Manager
Packaged S Sankaran Legal & Secretarial
Airconditioners Vice President K P T Kutty Refrigeration Products
Company Secretary Department
Customer Service Corporate K S Rajan
Refrigeration & Communications & Mktg Internal Audit General Manager
N Sivasankaran T Sankar
Airconditioning
Vice President General Manager
Products Cold Storages Department
M Anuraaga Chandra
Information Technology General Manager
International Electronics Division
Rahul Mehta
Sales Sr General Manager Arun Khorana
Vice President

Dadra Plant Bharuch Thane Plant Research & Materials &

B F Modi Plant R G Devnani Development Logistics Members of the
EC
Sr General Jagdish Patel Sr General J M Bhambure A Chaudhuri Executive Committee
Manager Sr General Manager Sr General Sr General
Manager Manager Manager

Testing Analytical Medical Data Industrial Test & Measuring

Machines Instruments Electronics Communication Products Instruments
A Bandopadhyay P M Chandrasekar Y A Bhat Partho Mitra Y A Bhat
General Manager Sr General Manager Dy General Manager Sr General Manager
General Manager
05/05/2004
Product costing

 A Product Costing System is…

a management tool that identifies the actual
cost of producing each product. Identifying
profit or loss on each product, companies can
identify and promote profitable products
while dropping, redesigning, or reprising
unprofitable products.
Need And Benefits Of Product
costing
Need
Know how much it costs to produce each
product?
Know your profit margin for each product?

Benefits
Selling profitable products
Better managing of resources
Maximizing profits
Understanding each product's contribution to
the bottom line
Benefits of Product Costing
 Take immediate action on disruptions in supply by
changing the cost accounting method for a product.
 Allow for different costs at different locations for
identically manufactured items by maintaining cost
information at the branch/plant level.
 Track cost variances, such as engineering, planned,
and actual.
 Store and retrieve cost information.
 Evaluate manufacturing budgets, product design, and
accounting to determine their impact on profitability.