Professional Documents
Culture Documents
project report
on
SUBMITTED TO:
SMT. S.B. PATEL INSTITUTE OF BUSSINESS MANAGEMENT
VISNAGAR
AFFILIATED TO:
They bring a legacy of 29 years to their products and services Neptune industries is a well-established experienced
fast growing engineering company with in-house design capability. While following the best industries standards,
they offer complete plant, equipment, special purpose machine development incorporating globally acclaimed
technology. Neptune machines are found extensively across projects in India and about 27+ countries around the
world. since last five years Neptune has witness a growth of 80%. Now Neptune has become 50 million $ turnover
company and has been recognized has one of the fastest growing engineering enterprises in India.
Neptune was envisioned by late shri Vasantray Panchal who is coming from 100year old experienced blacksmith
family. This inheritance and artisan of the engineering skills has made Neptune ready to grow into global business
model.
GENERAL INFORMATION
● NEPTUNE is the fastest growing engineering company and always plays an important role in bringing global the latest
technology with a cost-effective proposition always working as a forward looking and innovative project partner for their
customers.
● NEPTUNE offers complete plant, equipment, special purpose machine (SPM) Development for various ceramic industry
segments like :
● sanitary ware
● electro porcelain insulator
● refractory
● Table wares
● Technical ceramics
● Tiles and heavy clay
● fly ash bricks
● concrete blocks
● pavers tiles Aerated autoclaved blocks (AAC Blocks/panels)
● Lights weight aggregate (LWA/LDA)
● Thin bed mortar/Binder.
NEPTUNE offers engineering project solutions along with technical services to diverse fields as:
● Ceramics industry
● Fly Ash Technology
● Argo-waste Panel Board
● Waste Recycling
● Solar base Equipment solutions
● Contract Manufacturing services
COMPANY PROFILE
Vision
To be the global leader and respectable engineering company providing turn-key projects and equipment for ceramics and
building material industries.
Mission
Our Mission is to be globally the best value provider to our customers through leveraging technology and competencies. We
shall achieve it by creating a culture of self-striving with focus on total employee involvement towards customer satisfaction.
Our approach shall be value based as a responsible member of our focus industries and the society, contributing to its
growth and development.
OUR HISTORY
Neptune group follows the timing for the company and employees and that’s approximately 48 hours a week, the extra time from
the shift is compensated too.
Working hours of NETUNE INDUSTRIES LIMITED for staff or managing directors is from 09:00 am to 09:00 pm and for
workers 9:00 Am to 6:00 pm. And holiday on Thursday. Generally, company’s working process is also continued on
weekends also.
EMPLOYEE SERVICES
The main service that employees get from the Neptune group are:
Medical claim
Life and disability insurance
Retirement plans
Entertainment
Health leave
Maternal leave
Transportation services
Financial benefits
loans and etc.
DEPARTMENTAL INFORMATION
01
02
Production HRM
Department Department
03 04
Marketing Financial
Department Department
CH-1 PRODUCTION DEPARTMENT
Products and Production Facilities
● Neptune Industries is one of the leading company in the manufacturing of various kinds of blocks and bricks such
as fly ash brick, grout mortar and adhesives, AAC blocks, Red clay blocks, Green sand and Concrete Products.
● It has a working experience of around 29 years and they are trying to win hearts of the people from their genuine
products.
● Neptune Industries have its approximately 1000+ customers across the world and it delivery goods and products
to around 27+ countries worldwide.
● There are four different industrial vertical which was manufactured by Neptune industries.
Organization structure describes formal relationship. Personnel manager as the head of the personnel department exercises
line authority over his own staff but in relation to other departments he is a staff expert expected to provide advice
information on personnel matters. The internal organization structure of Personnel department varies widely depending
upon the nature and size of enterprise, its management philosophy and its external environment. The structure is as shown
under:
CH-3 RECRUITMENT & SELECTION PROCESS
Recruitment process:
● Recruitment refers to the overall process of identifying, attracting, screening, shortlisting, and interviewing, suitable candidates
for jobs within an organization. Recruitment and selection are the process of identifying the need for a job, defining the
requirements of the position and the job holder, advertising the position and choosing the most appropriate person for the job.
● The process of recruitment in NEPTUNE group is as follows:
1. Recruitment planning
2. Identifying Vacancy
3. Job analysis
4. Job description
5. Job specification
6. Job evaluation
Selection Process:
● The selection process can be defined as the process of selection and shortlisting of the right candidates with the necessary
qualifications and skill set to fill the vacancies in an organization. The selection process varies from industry to industry,
company to company and even amongst departments of the same company. The process of selection in Neptune group
follows for some path, such as:
1. Preliminary Interview
2. Receiving Applications
3. Screening Applications
4. Employment Tests
5. Checking References
6. Final Selection and Appointment Letter
WAGE AND SALARY ADMINISTRATION
● Wage and salary administration is defined as the process by which wage and salary levels and structures are determined in
organizational settings. Wages are payments for labor services rendered frequency, expressed in hourly rates, while a salary is a
similar payment, expressed in weekly, monthly or annual rates. The under shown salary structure are in approx. amount.
Hereby, is an intellectual questionnaire data.
Boards of
ORGANIZATION OF MARKETING DEVELOPMENT Director
The marketing department of any enterprise is responsible for promoting the products, ideas CEO
and mission of the enterprise, finding new customers, and reminding existing customers that
you are in business. It organizes all the activities that are concerned with marketing and Marketing
promotion. It may consist of a single person or a group of people working in a hierarchal Manager
system who are responsible for bringing the product of the business to the attention of its
Marketing
targeted customers. Since this department is the key to your revenue and business activity, it Officer
requires people who have the skills for dealing with people and understanding what they
require. Marketing
Executive
Counter
Sales
Employer
Jobber
ADVERTISING
● Advertising simply put is telling and selling the product. Advertising Management though is a complex process of
employing various media to sell a product or service. This process begins quite early from the marketing research and
encompasses the media campaigns that help sell the product.
Consumers in the Oil Well Services & Equipment industry vary in their needs, wants, demands, resources, locations, access to
technology, cultural differences, buying attitudes, and end use of the products and services. Market segmentation is the process
through which Neptune Marine Services decides to segment the overall market in smaller segments and groups that have similar
attributes, buying behavior, socio economic background, etc. This is done to reach out to the group of consumers more
efficiently and effectively.
1. Geographic Segmentation
2. Demographic Segmentation
3. Psychographic Segmentation
4. Behavioral Segmentation / Use base segmentation
CH-5 FINANCIAL MANAGEMENT
ORGANIZATION OF FINANCE DEPARTMENT:
Board of
Director
CEO
Chief
financial
Manager
Chief
Financial
Officer
● Financial Planning is the process of estimating the capital required and determining it's competition. It is the process of
framing financial policies in relation to procurement, investment and administration of funds of a company. The main
purpose of financial planning by Neptune Industries are:
● Determining capital requirements- This will depend upon factors like cost of current and fixed assets, promotional
expenses and long- range planning. Capital requirements have to be looked with both aspects: short- term and long- term
requirements.
● Determining capital structure- The capital structure is the composition of capital, i.e., the relative kind and proportion of
capital required in the business. This includes decisions of debt- equity ratio- both short-term and long- term.
● Framing financial policies with regards to cash control, lending, borrowings, etc. The Financial manager in the Neptune
Industries plan the financial funding by taking several steps such as:
1. Determining Neptune’s current financial situation.
2. Developing financial goals.
3. Identifying alternative courses of action.
4. Evaluating alternatives.
5. Creating and implementing a financial action plan, and.
6. Re-evaluating and revising the plan.
CAPITAL BUDGETING
● Identification of Potential Investment Opportunities: -The Capital budgeting process begins with the
identification of potential investment opportunities. The planning committee develops estimates of future sales
which serve as the basis for setting production targets.
● Assembling of Investment Proposal: -Investment proposal identified by the production department and other
department are usually submitted in a standardized capital investment proposal form.
● Decision Making: -A system of rupee gateways usually characterizes capital investment decision making. Under
this system, executives are vested with the power to okay investment proposals up to certain limits.
● Preparation of Capital Budgeting and Appropriations: -Projects involving smaller outlays and which can be
decided by executives at lower levels are often covered by a blanket appropriation for expeditious action. Before
undertaking such project an appropriation order is usually required.
● Implementations: -Implementation of investment proposal is a complex, time consuming and risk-taking task.
Delays in implementation can lead to substantial cost – over runs.
Thank You
BY: RINKAL