CAMSO LOADSTAR PVT LTD

PROCUREMENT INTERNSHIP
PROGRAM EXPERIENCE

R. Deemantha
 INTRODUCTION TO THE COMPANY

 Established in 1984 by Jinasena group and Solideal loadstar in Belgium .

 In 2009, Loadstar adjoined with Camoplast and was renamed as Camso Loadstar
 One of the world’s largest solid tire manufacturers in the world and ranked among the top
three in making off the road tires and tracks for construction and material handling vehicles.
 place 100% of our effort on 11% of the global tire and track market-the off-the-road market.
 Around 22 manufacturing facilities in 10 countries including USA, Canada, Mexico and Sri
Lanka
 Has grown at a 7% on average per year since 2012 and employees around 7700 employees
from 26 countries.
 4 business units namely construction, material handling, mixing and service
 Michelin Group Completed the Acquisition of Camso in December 2018.
BUSINESS UNITS ESTABLISHED WITHIN THE
ORGANIZATION

Construction

Material handling

Power sport

Agriculture

Mixing

Central/ Service
STRUCTURE OF THE PROCUREMENT
DEPARTMENT
Procurement
Department

Assets & non

MRO coded items Raw material Import and export
assets purchasing Service team
purchasing team purchasing team team
team

Engineering
service team

Recurrent service

Admin service
 HOW DO ORDER PROCESS

Decide to Call
for quotations
Receive PR Request
Identifying (If there is Sourcing Submission of
trough SAP Clarifying the quotations
the more than Identify all bids to
or RFQ prerequisite from
requirements one supplier available evaluation
through an document suppliers and
requested. or expected suppliers committee
email evaluate
value is
grater than
LKR 75,000

Place the order

through PO or a
Clear the payment GRN Settling the payment Delivery
Standard or
customized contract
 INCOTERMS

 WHAT IS AN INCOTERM
The incoterms are a set of 11 individual rules issued by the international chamber of
commerce (ICC) which define the responsibilities of sellers and buyers for the sale of goods
in international transactions. Of primary importance is that each incoterms rule clarifies the
tasks, costs and risks to be borne by buyers and sellers in these transactions.

 Often used Incoterms

EXWORKS, FOB, CFR, CIF, DAP
INCOTERMS
 TRADE TERMS

T-T • Telegraphic transfer

LC • Letter of credit

DAA • Document Against Acceptance

DAP • Document Against Payment

Open Account • Transaction not completed yet

THANK YOU!