A

Project Report
On
“INTERNATIONAL BUSINESS PRACTICES”
AT

TEMPSENS INSTRUMENTS

University College of Commerce and MGMT Studies

Mohanlal Sukhadia University

Year 2015

Submitted To : Submitted By:

Prof. Renu Jatana Meenakshi Goel
(Course Director) (MIB III SEM)
 Contents
• Company Profile
• Milestone
• Products
• Export Procedure
• Export Documents
• Term Of Shipment-Incoterm
• SWOT Analysis
• Conclusion
 COMPANY PROFILE
• Tempsens Instruments (I) Pvt. Ltd (Tempsens), incorporated in
1976 is a part of Pyrotech Group .
Pyrotech
Marketing
and Projects
Pvt Ltd

Pyrotech
Pyrotech
Workspace
Electronics Pvt
Solultion Ltd
Pvt Ltd
Pyrotech
group

Tempsons
Pyrotech
Instrument
control
India Pvt
india Pvt ltd
Ltd
• First Product: Thermocouples and RTDs
• Largest Solultion Provider For Thermal Engineering
Product with World class Manufacturing Facility in
India,Germany & China.
• Tempsons Unit I:Thermocouples,RTD,Temperture and
Pressure Guages,Industrial Heater Plant,Pyrometer.
• Tempsons Unit II:Cables, Callibration Equipment and
Industrial Furnaces,Issolated Cable Plant,Production
Of High Temperture
Sensors For Glass Industry.
 MILESTONE
• 1976: Pyrotech international Established
• 1985:Established Tempsens as separate Unit
• 1994:Started Exort Awarded ISO 9002
• 2003:Manufacturing of Temperture Calibration Equipments.
• 2004:Setup Calibration Laboratory (NABL Accredited)
• 2005:NABL Accredition for Calibration Lab upto 1500º C
• 2006:Rajiv Gandhi National Quality Award
• 2008:Installing fixed point Calibration Setup For TPW,Ga ,Sn,Zn, & Al Points
,First time in the Country in Private Lab
• 2009:New Facility Started – Tempsons unit#II for Manufacturing Cables
• 2010:Joint Venture With AST –Accurate Sensor Technologies For Pyrometers
• 2011:Awarded with Prestigious MSME Award 2010
• 2012:Multilocational manufacturing Facilities –India ,Germany and China
• 2013:BOI SME 100 Award 2012
• 2014:Joint Venture with Linn High Therm,Germany For Industrial Furnaces
 IMPORT COUNTRIES
• Brazil • Singapore
• China • Srilanka
• Poland • Sweden
• France • Swizerland
• Germany • Australia
• Israel • Taiwan
• Itly • UK
• Japan • USA
• Korea
• Netherland
 IMPORT PRODUCTS
• Ceramic Tubes
• Camera
• Connector
• Digital Pyrometer
• T/C Wire
• Molybenum Tube
• RTD Elements
• Silicon Nitride Tube
• Tantinium Tube
• Platinium Tube
 EXPORT COUNTRIES
• Australlia • Estonia
• Argentina • Germany
• Bahrin • Greece
• Bangladesh • Hungary
• Belgium • Indonesia
• Bolivia • Iran
• China • Israiel
• Canada • Jordan
• Chile • Kenya
• Denmark • Korea
• Egypt • Kuwait
• Lebanon
 EXPORT PRODUCTS
• Thermocouples
• Resistance Temperture Detectors
• Thermowells And Protection Tubes
• Asserories
• Cables For Temperture Sensors and Instruments
• Industrial Heaters
• Pyrometers
• Gauges
• Furnaces
• Calibration Baths
• Temperture Control and Indicators
 FACT & FIGURE
SALES TURNOVER
70

60

50

40
DOMESTIC
30 EXPORT
TOTAL TURNOVER
20

10

0
2014-2015 2013-2014 2012-2013 2011-2012 2010-2011
 NET PROFIT

5
4.5
4
3.5
3
2.5
2
1.5
1
0.5
0
2014-15 2013-14 2012-13 2011-12 2010-11
 PURCHASE TURNOVER

45
40
35
30
25
20
15
10
5
0
2014-15 2013-14 2012-13 2011-12 2010-11
 EXPORT PROCEDURE
Enquiry of the Exporters From Importers

After Negotions Importer Send Purchase Order follow by LC.

Exporter Manufacture Goods According to Specification of Purchase Order

As Soon As Goods Ready ,Exporter Invite The Representive of Export

Inspection Agency for Preshipment Inspection.

After That Exporter Prepared Document

Document Sent To the CHA by Exporter

Based on these Documents CHA Agent Complete the Formalities and Prepare
Shipping Bill.

Custom Department Check the Export Cargo Accordind To the Shipping Bill.

After that CHA agents Send Various Document Back To the Exporter

After That Exporter Submitted above these Document for Negotion to The
Bank.

After that bank Scrutizer these documents and if Found Correct Make
Payment to Exporter Against Documentation
 EXPORT DOCUMENT
Documents plays a vital role in International Business. It facilitates the
smooth flow of goods and payments across National frontiers . A
number of correct and properly filled documents should accompany every
shipment.

EXPORT DOCUMENTATION

COMMERCIAL REGULATORY
DOCUMENTS DOCUMENTS
(8)

PRINCIPLE AUXILLIARY
DOCUMENTS DOCUMENTS
(8) (8)
 PRINCIPAL DOCUMENTS
• The Commercial Invoice,
• Packing List
• Bill of Lading/Air Waybill
• Certificate of Inspection/Quality control
• Certificate of origin
• Bill of Exchange
• Shipment Advice
• Insurance Certificate
Exporter Invoice No. Date
Buyer’s order no. & date

Other reference(s)
Consignee Buyer
Country of Countr
origin of goods y of
Final
destinat
ion

Pre- Place of
carriage Receipt by
by Pre-carrier

Vessel/Fli Port of lading

ght No.

Port of Place of
discharge delivery

Marks & No. and kind Descrip Qual Remark

No.s/ of Pkgs. tion of ity s
containers goods
no.

Signature & date

 AUXILLARY DOCUMENT
• Proforma Invoice
• Intimation for inspection
• Shipping instructions
• Insurance Declaration
• Application for certificate of origin.
• Mate's Receipt
• Letter to bank of collection/negotiation of documents
• Shipping order
 REGULATORY DOCUMENT
• SDF Form
• AR.E-1
• Shipping Bill
• Bank Certificate of realisation
 TERM OF SHIPMENT-INCOTERM
• EXW – Ex Works
• FCA – Free Carrier
• FAS – Free Alongside Ship
• FOB – Free On Board
• CFR – Cost and Freight
• CIF – Cost Insurance and Freight
• DAF – Delivery At Terminal
 SWOT ANALYSIS
STRENGTH
• Low cost of operations at
both retail and
Manufacturing Level.
• Quick Delivery, High
Technical Standard and
outstanding Quality.
• Highly Experienced and
Senior Management and
Board of Director.
• Employe focus on Delivering
result the right way.
WEAKNESS
• Exposure to foreign
Exchange and raw material
price stability.
• Fewer Cutting Edge
Technologies When
Compared to European
Manufacturing Countries
Like Itly Spain and France.
 Opportunities Threats

• Large Potential of Increasing • Increase in Raw Material

Revenue Per Household. Price.
• Deeper Pentration of Adjacent • Our Low Cost end-to-end
Product Categories. Business Model Being
• Addition 40 Million Household Adopted By Existing or New
Could Be Potentially Acquired. Competitors.
• Potential To Replicate end –to-
end Discount Electronics Retail
Business Model In Other
Countries .
 CONCLUSION
• A large number of people are contributing to India to perform
better and better in this field.
• Indian products are globally acclaimed and accepted across
world for their quality, availability and low cost production.
Indian electrician industry is successfully able to produce all
those entire products which are need of hour.