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PREFACE

This report is the result of my 6 weeks of summer training at VARDHMAN SPECIAL


STEELS. Summer training is an integral part of MBA course and efficient utilization of
material, time and resources are very much important for successful completion of any
task. Above to this, coordination is must, which determines the degree of success. In
order to be competent, all the students are required to take a real time project work. This
exposure to project work will help them to know that how academic knowledge is
applied in actual business situation.
Keeping all this in view, the project given to me was
to “study the internal factors affecting logistics in VARDHMAN SPECIAL STEELS.
and find out various bottlenecks”. The all rounded encouraging support by many persons
towards this report has created in me confidence regarding the approval of the subject
matter.
Actually this report is a result of an assignment, to improve myself and gain confidence.
In this, I have done my best to make it a genuine study. But as well as all know a maxim
“TO ERR IS HUMAN”. Therefore there is a chance for some mistakes. Also a critical
appraisal by anyone will be heartily welcomed.

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ACKNOWLEDGEMENT

I am indebted to my teachers and gurus who molded at this junction of my career from
where I can take off better in the competitive scenario of today’s world. Working on this
project has been a great pleasure & a stimulating experience.
Firstly we would like to express our deep gratitude to God all mighty for his blessings,
which provided me strength & patience to complete my project. I would also like to
convey my thanks to my parents, my sister and my friends who helped me in all possible
ways.
I am sincerely thankful to Mr. N. K. Bansal the chief executive of the company. I am
sincerely thankful to Manager (Marketing) Mr. Samir Malhotra who provided me
affectionate working environment. I express my deep sense of gratitude and profound
thanks to manager Mr. Amit Chopra of marketing department for their valuable
Suggestions and manifold help in finalizing the present work.
I am also thankful to Mr. Vipin Sharma Who provided me needed information about
their department and guided my project in the right direction.

DATED YOGESH SHARMA

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TABLE OF CONTENTS

i
Certificate
ii
Preface
iii
Acknowledgment

CHAPTER NO. CHAPTER TITLE PAGE NO.

1 Introduction 1 – 22

2 Review of Literature 23 – 27

3 Need, Scope and Objectives of the Study 28 – 29

4 Research Methodology 30 – 33

5 Data Analysis and Interpretation 34 – 38

6 Finding of the Study 39 – 41

7 Conclusion and Recommendations 42 – 44

References 45 – 46

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LIST OF TABLES

TABLE TABLE TITLE PAGE


NUMBER NUMBER
1.1 Board of Directors 4
1.2 OEM’S Approvals and Major Customer 9
1.3 Feedback Form 12
1.4 Performance Indicator 20
5.1 Benchmark Set by Company in Logistics 35
5.2 Time Consumed by Trucks 36
5.3 Factors Responsible for Delay in Process 37

LIST OF FIGURES
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FIGURE FIGURE TITLE PAGE
NUMBER NUMBER
1.1 7
Manufacturing Process Flow
1.2 Functions of Logistics 16

1.3 Process of Logistics 22

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