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“A STUDY ON LOTUS PVC PIPES PVT.

LTD”
INTRODUCTION

• PVC In 1912 the first industrial developments were initiated in


Germany. is launched at 1930 at Germany.
• Throughout the 1920’s, attempts were made to use Lotus PVC
copolymers that easier to process than PVC.
• These early attempts were only marginally successful By
1932.
• PVC on at least two occasions in the 19th century. The Plastic
industry in India has mad e significant achievements ever since
it made a modest but promising start by commencing
production of polystyrene in 1957.
• the first PVC pipes were produced using a roll mill and
hydraulic extruder.
Meaning Of PVC
• (PVC) is a plastic product which has matchless versatility. It
effectively replaces wood, paper and metal in several applications.
As such plastic pipes have been progressively replacing
conventional pipes like G.I., Cast Iron, Asbestos Cement or Stone-
ware for a number of important and uses. Among the various types
of plastic pipes which are commonly used for such applications
PVC pipes are the most widely used all over the world on account of
their most favorable balance of properties. PVC pipes are light in
weight, rates for use under pressure, easy to install, low frictional
loss, low on maintenance cost, and have low frictional loss. Rigid
PVC pipes have wide variety of uses in fields like city/town/rural
water supply scheme, spray irrigation, deep tube well schemes and
land drainage schemes.
FUNCTIONAL DEPARTMENTS

1.Finance Department
2.Marketing Department
3.Purchase Department
4.Production Department
5.Systems Department
6.Human Resources Department
FUCTIONAL DEPARTMENT

Finance Department:
 He is responsible for financial matters in the organization.
 He prepares financial plan. He assesses the financial needs of
the organization and sources of the finance.
 He should be an expert in the field of financial management.
 He should know different tools used in the financial
management ratio analysis, fund flow analysis, cash flow
analysis, Budgeting etc.
 All these are necessary to prepare a sound financial policy for
the organization.
Marketing Department

• He in-charge. of the marketing department of the


organization.
• The marketing department aims to increase the turnover of the
organization, market share, and profitability of the
organization.
• The marketing manager should be tactful.
• He should know marketing concepts product mix, promotion
mix, price mix, distribution mix etc. He should be known the
strength and weakness of the firm's products.
Human Resource Department

• A human resource manager occupies a very important position


in an organization.
• The duty of the human resource manager is to recruit and
develop Personnel required by the organization.
• They are involved in manpower planning, training,
maintenance, compensation etc.
• The other responsibilities of the human resource manager are
formulation and development of personnel policies,
employees training and development, transfer, promotion,
etc.,
Production Department

• He is responsible for the production of goods services in the


organization.
• He looks after the purchasing function and manages the
production design and process.
• He is called in different names such as production engineer,
plant engineer, operation engineer etc.
• They are responsible for plant layout, inventory
management, production control and quality control,
Purchase Department

• Prepare purchase budget.


• Receive purchase requisition, and ascertain the material
requirements.
• Ascertain the sources of supply.
• Invite tenders from the approved suppliers.
• Select the supplier offering the best terms and conditions.
• Issue purchase order to the supplier selected.
CONCLUSION

• The study conducted at LOTUS GROUP OF


COMPANIES, which is the pioneer and market leader in
the PVC pipe product in South India,
• helped in getting a wider outlook about the business
environment and managing an organization.
• Organization has six production centers and five
marketing branches spread all over South India and
Middle East Asia, with operation all over the world.
• The company has six functional departments through which it
was operating.
THANKING YOU

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