FIELD REPORT

INDUSTRIAL VISIT TO SECO Tools (I) Pvt Ltd.

Submitted By: Vishal Hinduja

Submitted To:
Prof. Abhilasha Ambatipudi

FACULTY GUIDE CERTIFICATE

To, The Director,

Respected Sir, This is to certify that Vishal Hinduja, a student of

MASTERS IN PERSONAL MANAGEMENT (M.P.M) in your esteemed Institute, has undergone a Field Report under my guidance on The Field Report entitled to him was

Human Resource Practice in SECO Tools (I) Pvt. Ltd, The Field Report has been completed by the student to my entire satisfaction.

Signature of Faculty Guide: _____________ Name: ______________________ Designation: ______________________

DECLARATION

I hereby declare that the Field Report titled Human Resource Practice in SECO Tools (I)Pvt. Ltd is an original piece of research work carried out by me under the guidance and supervision of Prof. Abhilasha Ambatipudi . The information has been collected from genuine & authentic sources. The work has been submitted in partial fulfillment of the requirement of Masters of Personal Management to Pune University.

Place: Pune Date:

Signature: ___________________________ Vishal Hinduja

ACKNOWLEDGMENT

While preparing this Field report I want to acknowledge to the SECO group, one of the major thought leaders in the Indian scenario today.

I take this opportunity to express my deep sense of devotion and gratitude to Mr. Anders Fager for giving the opportunity to visit the unit and complete my Field Report in such a well-managed and a reputed organization. I also thanks to my faculty Prof. Abhilasha and Prof. Shyam Keswani who have faith in me and consider me to performing the project and preparing the report . And last but not the least I also thanks to all the employees of SECO tools who co-operated with me to fulfill the task .

INDEX

INTRODUCTION

ORGANIZTION PROFILE

OBJECTIVES OF STUDY AND TOUR

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SECO PRODUCT RANGE

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HUMAN RESOURCE PRACTICE IN SECO

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ACHIEVEMENT IN SECO

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CONCLUSION

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Introduction
SECO Tools (I) Pvt. Ltd. is an ISO 9000|2001 Company SECO tools is a subsidiary of Sendvick Sweden. 60% shares of SECO tools are holded by sendvick, but SECO tools is act as an individual industry in Indian market . SECO tools (I) Pvt. Ltd is not listed in Indian Stock Market but its listed in foreign stock market. SECO actively contributes to improving your productivity and competitiveness in metal cutting machining. In SECO Tools Customer closeness and a solution-oriented approach are its strategic cornerstones, together with verifiable and documented improvements in its total cost of production. They value long term relationships as it is possible to gain a better understanding of our challenges and allows us to actively contribute to our development. A comprehensive range of cutting tools is another central component of their strategy and the quality and innovation built into their tools is the key to our profitable production. In order to offer the best total solutions they also provide technical support, demonstrations, technical advice, new ideas and practical experience.

Organization Profile
SECO Tools (I) Pvt. Ltd is operated by Mr Anders Fager M.D. of SECO Tools Indian subsidary SECO Tools (I) Pvt Ltd from 1st November 2008. SECO's vision is to be perceived by its customers as the most dedicated partner in total solutions for metal cutting machining. This vision is achieved through a personal commitment to improving the customers competitiveness by offering solutions built on high performance products and services. The SECO Group, headquartered in Fagersta, Sweden, has around 4,500 employees worldwide and annual revenue of approximately SEK 4,900 M. SECO is represented in some 60 countries and has more than 50 wholly owned foreign subsidiaries. The company also collaborates closely with a large number of agents and distributors around the world. Production is based primarily in Sweden, the Czech Republic, France and India.

CODE OF CONDUCT A central component of SECO overall Corporate Guidelines is the Code of Conduct, which provides guidelines for SECO conduct as a responsible employer, member of the community and business partner. It is also a natural part in the work with the Groups suppliers.

SHARED VALUES SECO shared values reflect the employees approach on the business, each other and the companys leadership. These values serve as SECO most important guiding principles and support the Groups business mission, vision and code of conduct. Our shared values


Passion for our customers - We identify with our customers - We build trustworthy win-win relationships - We all do our best to make a great delivery

Family spirit - We create an open and friendly work environment - We trust and respect each other - We share ideas and knowledge with our worldwide network

Personal commitment - We look for opportunities and take responsibility - We like to win and make it happen - We continuously improve quality and speed

SECO tool is basically divided into two units: 1. Domestic unit: which basically take care of domestic market demand? 2. Export oriented unit: which basically take care of export material.

There are 350 workers employed in SECO tools (I) Pvt. Ltd. In Indian market SECO tools is on the 3rd position And in global market SECO tools is on the 3rd position

Turnover: The total annual turnover of SECO tools (I) Ltd is Rs. 130 Cr. Growth rate is 12 to 15%. Annual profit is about 25% before tax.

Objectives of the study or tour

y The main objective behind the study or tour is to understand or study the human resource management and different types of product, market, key to manage a huge amount of goods and raw material in a proper and efficient manner by the use of human resources and it products like computers and servers. y The other objective was to learn how to convert a small thing into a precious product and use it in different ways according to the needs of an individual, market or society. y How to maintain a fix quality in product by using same raw material of same quality? For example, In SECO tools they use a mixture of Tungsten carbide and cobalt and some specific ingredients which is not manufactured in India, the mixture is imported from Sweden to maintain the quality of product worldwide.

y Another thing was to learn how to use minimum space to store huge amount of finished goods and control the operating and production cost by minimizing the area of storage. For example, to store the finished goods they use Moving Racks, which occupy small space and store huge goods in their racks with ease.

y The most important thing we learnt was that every department of industry whether its finance, production, stores, marketing is connected with HR department.
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y To manage efficient production and store management and minimize the risk of dead stock, transfer of information whether its related with purchase or sales is quick and done very efficiently. y Every little operation was calculated in total cost, so as to keep the price of product low and control the finance function. For example, the energy consumed during every opening of automatic door is Rs.8 and it is included in production cost. And every machine had labels on their top, showing the total cost of one unit in that particular unit. y And deduct the value which is generated after selling the residual of production process. y How to Control the employees by creating a single union for all the employees and workers? y Creating different unit for export and domestic purposes to maintain difference in the production of both. And try to control the lead time of both the units and maintain uniform quality. y How to minimize the expenditure of employees by dividing the whole industry in parts between 3 or 4 Human resource heads? y How to control and use the resources by recycling it? Like the waste water is treated to purify and reuse in gardening and cleaning. y How to use the self-resources in the production process and minimize the production cost. For example- In carrier section, to cut the large section of alloy steel into pieces they use their own cutting tools which are produced in industry.

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SECO Product Range

SECO tools produces cutting tools for different fields Like Aviation, medical, electrical fields that is why the product range is big and subdivided into 5 parts as follows:
1. 2. 3. 4. 5.

Milling Turing Hole making Advance cutting material Tooling subsystem

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SECO Milling Products

SECO is well-known for its wide, innovative and powerful range of cutters and inserts for milling. SECO milling products are suitable for machining almost any work material from soft steel or easy-to-machine aluminum to difficult-to-machine super alloys. SECO milling families: DISC MILLING The cornerstone of SECO approach to disc milling is to offer the widest range of inserts, cutter bodies, and attachment types in the industry.

FACE MILLING The name of the game is to keep you "in cut". Productivity depends on things like reduced cycle times, quick insert indexing, higher metal removal and consistent part quality.

COPY MILLING In 3D Milling, SECO can offer a wide range of high performance tools with superior quality, fully hardened cutters with high metal removal capabilities.

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HIGH FEED MILLING High Feed Milling is a milling method that permits up to three times faster machining than conventional methods.

HELICAL MILLING SECO high-performance range of helical milling cutters offers high feed and metal removing in contouring and profiling operations, while providing optimal chip evacuation and vibration resistance.

SQUARE SHOULDER MILLING The SECO Turbo square shoulder milling system is the industry's most comprehensive and versatile solution to the full range of square shoulder milling requirements.

SOLID CARBIDE ENDMILLS SECO Jabro products are high quality solid carbide end mills for a variety of high-tech industries including Mould & Die, Aerospace, Medical, Power generation and General machining.

THREAD MILLING SECO designed indexable thread mill cutters and inserts represent another step forward for thread making applications

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SECO Turning Products

SECO's range of coated and uncoated turning inserts comprises of more than 4000 standard inserts and more than 2000 tool holders. The products represent one of the most comprehensive ranges available on the market. SECO's new coating, Duratomic, with an extreme level of both toughness and wear resistance, has evolved coated turning inserts dramatically and will make it the easy first choice in over 80% of steel and stainless steel turning applications.

GENERAL TURNING Long, predictable and increased tool life summarizes the grades in the SECO' assortment of turning grades. Double your tool life, Solutions to the stainless challenge and The ultimate grade are attributes given to these grades.

THREAD TURNING The Anti-Twist Toolholders, for use with SECO' range of SnapTap thread turning inserts, feature the Anti-Twist insert locking system to provide incredibly secure insert holding.

MULTI-DIRECTIONAL TURNING (MDT) The SECO MDT (Multi Directional Turning) system consists of holders and inserts for external radial-, external axial- and internal machining.

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SECO Hole making Products

SECO introduced the Hole making concept which envelopes Drilling, Reaming and Boring. For unique application, clients work piece material carries special demands, so manufacturing process is custom designed and hole requirements are individualized.

DRILLING Solid carbide drills: SECO Feedmax Exchangeable tipped drills: Crownloc Indexable insert drills: Perfomax With optimised coatings, tip geometries and insert designs, these drills offer high quality holes and high productivity for all types of applications and workpiece materials. Diameter range 2-85 mm (inches: .079-3.5).

REAMING Exchangeable head reamers: Precimaster Indexable reamers: Bifix and Precifix These high quality, easy-to-use reamers are perfect for high performance machining and large batch production. Optimised cutting grades and geometries offer high productivity in all types of materials. Diameter range 4-60 mm (inches: .1574-2.362).

BORING HEADS Rough boring heads: A750 Axial type fine boring heads: AxiaBore type heads, A760 Radial type fine boring heads: A780 and A790 Bridge bars and Jumbo Bridge bars A731 SECO EPB boring heads cover the entire 0,3-2155 mm (inches: .01284.843) diameter range. These tools achieve positioning accuracy, hole diameter precision and flexibility. Diameter adjustment is possible down to 2.5m (inch: .0001)

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SECO Advanced Cutting Materials

SECOmax PCBN and SECOmax PCD cutting tools are especially designed for higher productivity and longer tool life.

SECO Advanced Cutting Materials PCBN SECOmax is a range of high performance cutting tool grades based on PCBNPolycrystalline Cubic Boron Nitride. SECOmax grades are formulated and specifically developed for machining hardened steel, pearlitic cast iron, hard iron and superalloys.

PCD SECOmax PCD is a cost saving cutting tool especially designed for higher productivity and longer tool life. The combinations of diamond in a polycrystalline form offers a formidable cutting tool.

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SECO Tooling System

SECO have tool holders for all types of machining centers. The tool holder is the link between the spindle and the cutting tool. For an excellent combination of price and performance, SECO Tools offer modular (Graflex) holders for the best possible flexibility, solid holders (Monobloc), holders for High Speed Machining (Hydraulic chucks) and collet chucks to suit collet type D and Shrink fit holders in different lengths and profiles. Induction Tool-shrinking device to Shrink Grip and Shrink Release tools includes tool stop setting system and cooling device. SECO Tools offers the following tooling systems: STEADYLINE Key benefits with the SECO patented Steady line vibration damping shell mill holders are increased productivity, improved surface finish and longer tool and spindle life.

MONOBLOC Solid holders. There are two HSK hollow shank taper ranges (HSKA and HSK-E) and three SA steep angle' ranges (DIN 69871- BT CAT V).

COMBIMASTER Combimaster is a two-piece milling cutter system with a wide range of shank types, lengths and interchangeable cutter heads.

GRAFLEX Graflex holders are available with main front end types similar to Monobloc holders. Adjustable drill holders and rotary coolant inducers are only available with a Graflex connection for high flexibility.

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Human Resource Practice in SECO

Manage the Limited Resources

Lack of resources is a common challenge in a world full of innovation and fast developing tools, and as their business continues to grow you will have to keep up with demand while remaining efficient. To do this they have to think about how to streamline their production lines by automating processes. One way is to find a tool that requires very little maintenance. They have a broad range of tools with exceptionally long tool life that help you to keep up with demands. Their local sales representative will be able to answer any questions.

Increase Productivity
Increased productivity is essential for every company in the struggle for market share. Some cornerstones are crucial in this respect; reliable machinery, good quality tools and high quality products. SECO increases productivity with their huge range of products and control or maintain the same quality in the product range. And develop different products according to customer needs and control the price.

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Improved Supply Chain

Looking to improve your supply chain? Who isn't? Reports on consumption, stock levels, costs etc. are some important factors in achieving a functional, successful production chain. In the spirit of helping their customers wherever possible, they have the solution to supply chain challenges. A secure, point-of-use, tool dispenser. The system monitors every transaction through individual user IDs entered on a touchsensitive screen every time a tool is removed or returned to a compartmentalized drawer. For high volume products, they offer Supply-Bay, a coil-fed cabinet dispenser. Both this system and SECO Point can be configured as standalone dispensers or connected to work together. Stock information from both systems is automatically recorded and relayed to SupplyPort, a web-portal that stores information on a secure off-site server. From the information gathered by SupplyPort, a number of reports can be easily generated via a web browser, with no additional software or hardware.

Reduce Productivity Costs

In today's demanding world, reducing costs and improving lead times are problems experienced by many businesses. SECO's extensive experience within the global metal cutting environment has lead to the development of a system that enables measurement, control, and management of manufacturing processes. The system is called PCA (Productivity and Cost Analysis). Using PCA, we take a wider view of your manufacturing methods, focusing not just on the cost of tooling, but at the total cost of production. Using PCA , we can evaluate a single machine tool process or the complete path a work piece takes on its journey through a manufacturing plant.

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The latter takes bottlenecks or restraint operations into consideration, where more in-depth studies are necessary. The PCA software provides a comprehensive report with both process information, such as tooling and cutting data, and cost information such as cost per part, output per hour, tool consumption and investment cost. Typically, reports that have been conducted for a number of years in a wide range of different industries have shown reductions in total costs of 15-30% with improvements in productivity of up to 40%. The PCA analysis is always performed by a qualified SECO representative.

Industry Solutions
They provide powerful machining solutions to leading companies around the world. Aerospace, Oil & Gas, Power Generation and Medical industry solutions are, among many others, where we deploy highly specialized machining competence.

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Achievements of SECO

y The main achievement of SECO is to acquire 3rd position in the Indian and world Market . y Also become a good rated supplier of Govt. industries like Railway and Shipping industries . y Control and maintain 40 wholly-owned subsidiaries and a large number of agents and distributors with coverage in more than 50 countries around the world. y Become a 3 Sigma Company and try to become 5 Sigma Company . y Maintain Same Quality of Products all over the world . y Control Huge labor force only with the limited HR managers . y Maintain and control a huge Inventory level , Production and supplying process .

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CONCLUSION
Through in the short spell of May stay, here I have tried my level best to bring out all the facts that would be beneficial for company. But still there are lots of new horizons to be explored, new expeditions to be touched and new expeditions to be launched with the upcoming range of Products. There is a lot of scope for SECO tools to grow and capture the market. To complete I must say that this Industrial Tour was of almost help to me both in broadening in my knowledge of management as well in collating into me a great deal of confidence to take up any job independently. SECO tools (I) Pvt. Ltd is practicing a good technique of human resource management and control all the aspects of industry whether its related with production, storing, finance or manpower management. In every field SECO tools act as a leader, all the factors or steps which are taken to control the pollution or reusability of resources is generous and effective. And last but not the least the contribution of SECO tools in mostly all the sectors of society is marvelous and generate a new hope for future industries.

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Bibliography

www.google.com www.wikipedia.com www.secotools.com\india SECO product catalogue Annual balance sheet of SECO 2009

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