Sunday, January 5, 2020
Operations Management - Case Study - Punj Lloyd Limited Essay
SUMMARY Punj Lloyd is one of the largest engineering construction companies in India providing integrated design, engineering, procurement, construction and project management services for energy industry and infrastructure sector projects. It provides engineering construction services for onshore and offshore pipelines, gas gathering systems, oil and gas tanks and terminals including cryogenic Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) storage terminals, process facilities in the oil and gas industry including refineries and for power plant projects. Punj Lloyd has worked not only in infrastructure sector but on several projects in the telecommunications sector also. In addition, it provides value addedâ⬠¦show more contentâ⬠¦According to Hill T. (2005 pp.4-5), every business is managed through three major functions: finance, marketing, and operations management. Other business functionsââ¬âsuch as accounting, purchasing, human resources, and engineeringâ⠬âsupport these three major functions. Finance is the function responsible for managing cash flow, current assets, and capital investments. Marketing is responsible for sales, generating customer demand, and understanding customer wants and needs. To understand the role of Operations Management and Strategy in Punj Lloyd, we will have to know the organizational set up of the Company. ORGANIZATIONAL SET UP OF THE COMPANY PROCESS DESIGN: ââ¬Å"The process by which some functional requirement of people is satisfied through the shaping or configuration of the resources and/or activities that comprise a product, or a service, or the transformation process that produces them.â⬠Slack N., Chambers S. and Johnston R, (2001, 2004, 2007) Operations Management., Chapter 4 ââ¬â Process Design, 5th Ed., p.88, London: Prentice Hall.[3] Process Design in Punj Lloyd can be described as part of its integrated process which is involved with all the other aspects of the business: namely, business planning, marketing and sales, finance, human resource management, purchasing, research and development. This process necessarily involves both the all-important client/customer, and theShow MoreRelatedProject on Hdfc Mutual Fund23334 Words à |à 94 PagesCOMPARATIVE STUDY OF MUTUAL FUNDSâ⬠FOR HDFC Asset Management Company Ltd. A Report on Project work In MASTER OF BUSINESS ADMINISTRATION (MBA) By Somesh Behere GUIDED BY: BY: PROF.GARGI NAIDU HOD ACADEMICS VIM BHOPAL SUBMITTED SOMESH BEHERE MBA IV Semester BHOPAL VIDYASAGAR INSTITUTE OF MANAGEMENT BARKATULLAH UNIVERSITY BHOPAL(M.P.) SESSION (2008-2010) BONOFIDE CERTIFICATE This is to certify that the Report on Project Work titled ââ¬Å"RISK RETURN ANALYSIS AND COMPARATIVE STUDY OF MUTUALRead MoreNgo Pratham7599 Words à |à 31 PagesNGO - Pratham By Team Mosaic MARKETING MANAGEMENT Team Members NAVYA CHANDRASHEKHAR | 21 | AKSHATA MOTIWALE | 28 | FAISAL SHAIKH | | VISHALAKSHI | 53 | ANIKET POTDAR | | NIKHIL AGGARWAL | 31 | SIES COLLEGE OF MANAGEMENT STUDIES, NERUL Sr.No | Contents | Pg No | 1 | What is an NGO | | 2 | Pratham ââ¬â An NGO | | 3 | Marketing Mix ââ¬â Product | | 4 | Marketing Mix ââ¬â Place | | 5 | Marketing Mix ââ¬â Price | | 6 | Marketing Mix ââ¬â Promotion | |
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