Latest Activity In Study Groups

Join Your Study Groups

VU Past Papers, MCQs and More

We non-commercial site working hard since 2009 to facilitate learning Read More. We can't keep up without your support. Donate.

FINI619 Complete Internship Report is attached

Views: 1031

Attachments:

Replies to This Discussion

Executive summary

                        

 

The company was incorporated in Pakistan under the Companies Ordinance 1984 on 26th July 1994 as a Private limited liability company. It is principally engaged in the business of manufacturing of engineering goods consisting auto, tractors and other relevant parts and Engineering items.                       

 The company is an engineering mainly engaged in manufacturing and mainly oriented in subcontracting activities specializing in Forging, Precision Machining and Heat Treatment of automotive and general engineering components.

Infinity Engineering is engaged in manufacturing of heavy automobile parts. Currently 59 types of parts are being manufactured in factory and approximately 63 parts are under development stage. The major customers are Millat Tractors, Pak Suzuki, Al Ghazi Tractors and Indus Motors.

The company has ISO certification for engineering and documentation. The company produces a range of auto tractor and engineering parts. It has a well defined hierarchy of its department from top level management to lower management. The company encourages the management training program to hire new staff on internship basis and company proffered to retain the competent person who have successfully complete the period of their internship. The finance and accounting department is well functioning under the control of competent managers. The company has a good financial health and grooming day by day. The qualified engineers and manager and respective departments are the main strength of the company and the company is efficient to take its opportunities from the threats being face by it.

 

                                                                                 Table of contents

 

Description                                                                                             Page No.

 

Scanned copy of Internship Certificate--------------------------------------                     0

Dedication-------------------------------------------------------------------------           0

Acknowledgement----------------------------------------------------------------          01

Executive Summary--------------------------------------------------------------         02

Brief Introduction of the Organization Business Sector------------------       03

Overview of the Organization-------------------------------------------------          04

  • Brief History--------------------------------------------------------------        04
  • Nature of Business------------------------------------------------------           05
  • Business Volume--------------------------------------------------------          06
  • Product Lines------------------------------------------------------------        07
  • Competitors-------------------------------------------------------------          07

Organizational Structure-----------------------------------------------------             08

  • Organizational Hierarchy Chart---------------------------------------               08
  • Number of Employs----------------------------------------------------            09
  • Main Offices-------------------------------------------------------------                     09
  • Introduction of all Departments --------------------------------------               10

Plan of Internship Program--------------------------------------------------             11

  • Intro of the Branch------------------------------------------------------           12
  • Starting and Ending Date---------------------------------------------               13
  • Name of Department---------------------------------------------------            14

Training Program--------------------------------------------------------------             15

  • Detail Description of the Operation----------------------------------                18
  • Description of Task Assigned to you--------------------------------                 19

Structure of the Finance Department---------------------------------------         21

  • Departmental Hierarch--------------------------------------------------           22
  • Finance & Account Department ----------------------------------------           23

Function of the Finance Department-----------------------------------------        25

  • Accounting System-------------------------------------------------------        26
  • Finance System-----------------------------------------------------------                    27
  • Use of Electronic Date----------------------------------------------------       29

Critical Analysis-------------------------------------------------------------------         30

SWOT Analysis-------------------------------------------------------------------          33

Conclusion----------------------------------------------------------------------------       36

Recommendations for Improvement-----------------------------------------                     37

Reference and Sources Used----------------------------------------------------                   38

Annexes-----------------------------------------------------------------------------                     39

           Brief Introduction of the Organization Business Sector

 

 The company was incorporated in Pakistan under the Companies Ordinance 1984 on 26th July 1994 as a Private limited company. It is principally engaged in the business of manufacturing of engineering goods consisting an auto, tractors and other based parts and Engineering items          

Established in 1994, the Infinity Engg. is located in industrial zone on 13 km, Sheikhupura road, Lahore between the Motorway and Lahore ring road.

 

The factory is spread over 95,000 sq. ft of land with a floor space of 45,000 sq. ft covered area backed by a team of experienced mechanical engineers, Infinity is mainly oriented in subcontracting activities specialized in forging, precision machining and heat treatment of auto parts and engineering components.

Infinity Engineering is engaged in manufacturing of heavy automobile parts. Currently 59 types of parts are being manufactured in factory and approximately 63 parts are under development stage. The major customers are Millat Tractors, Pak Suzuki, Al Ghazi Tractors and Indus Motors.

Quality & Environment are the cornerstones on which the success of our company is based. Through the implementation of our consistent Quality & Environment improvement approach.  It is estimated that the total number of auto parts manufacturers has exceeded one thousand and providing jobs directly or indirectly to over 200,000 persons. Auto parts manufacturers have contributed significantly to indigenization of the locally assembled vehicles as well as in development of the engineering / industrial capabilities.

 

Overview of the Organization:

 

Brief history

 

Infinity engineering was established in 1994 located in industrial zone at 13 KM Sheikhupura Lahore. 120000 Sq. ft of land with covered area of 60000 Sq. ft. An ISO/TS 16949 certified with 15 years in quality products. Recently infinity engineering has certified ISO 14001 environmental management. With strength of 500 employees Infinity has specialty in forging, precision machining and heat treatment of auto parts and engineering components backed by team of experienced mechanical engineers. Infinity engineering is mainly oriented subcontracting activities.

Starting from sole proprietor infinity had turned into private limited and now exports its quality products in Germany, Italy, USA, UK, Turkey, Bulgaria and Iran. It has the capacity of forging second largest in Pakistan and major customers are Al-Ghazi and Millat Tractors, Pak Suzuki Car, Millat Equipment Limited, etc.

           

Infinity engineering now wants its business introduce in the business hub RAK Industrial Zone, Ras-Al-Khaima, UAE,  outskirts of Dubai with the name; RAK INFINITY ENGG LLC. Expanding the business its aim is to provide quality products without any obstacle to its customers.

 

 

 

 

Mission Statement

 

Anticipate consumer needs and deliver outstanding products and services on time according to customer requirements, even beyond geographical and organizational boundaries.

 

Vision statement

 

Our vision is of an ethical, equitable, inclusive and progressive society in which people live with dignity and have power over their own lives.

 

 

 

 

 

 

 

Organizational Structure

 

 

 

  Organizational hierarchy chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Business volume (Total number of stock, shares, bonds/ commodities, future contracts planned for a particular period etc)

 

 

Authorized Capital:

150,000 ordinary shares of Rs. 100 each                            15,000,000

Issued, Subscribed and Paid up Capital:

96,000 Ordinary Shares of Rs.100 each                              9,600,000

Future Contracts Planned:

With the presence of our manufacturing facilities in the global business hub, we shall be able to provide consistent and timely deliveries at competitive prices, serving our customers going beyond organization boundaries.

 

PROJECT INFORMATION:

Land:                                10,000 Sqm

Construction:                       Sep, 2010

Inauguration:                        Dec, 2010

Production:                          Dec, 2010

 

 

Product Line

 

  • Arm Steering LH / Arm LH
  • Axle Shaft (R.H) # 1/ Shaft RH
  • Axle Shaft (L.H) # 1/ Shaft L.H
  • Connecting Rod
  • Driven Gear
  • Lever 1st & 2nd Gear/ Support
  • Lever Break Band / Lever
  • Lever Relay # 1/Arm
  • Roller Shaft
  • Shaft PTO/ PTO Shaft Short
  • Steering Knuckle Arm
  • Roller Needle Pin
  • Support Carrier
  • Worm Shaft # 1/ STEERING SHAFT
  • Cam Shaft
  • Knuckle
  • Worm Shaft

 

 

RSS

© 2021   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service