3. INTRODUCTION ABOUT
PRODUCTION AND OPERATION
MANGEMENT• Production : The use of resources, such as
workers and machinery, to convert materials
into finished goods and services
• Production and Operation Management :
The process of overseeing the production
process by managing the people and
machinery that convert materials and
resources into finished goods and services
5. INTRODUCTION
• Founded in Mumbai in 1938 by two Danish Engineers,
HENNING HOLCK-LARSEN and SOREN KRISTIAN
TOUBRO.
• One of the largest and most Respected Companies in India’s
private sector.
• An Indian Multinational Conglomerate
• LARSEN AND TOUBRO is a major Technology, Engineering,
Construction and Manufacturing Company.
• L&T ranked among Asia’s Top 5 most sustainable companies.
• L&T became a private limited company in 1946. It then
became a public limited company in 1950.
7. • L&T is having capabilities in most core economic sectors
like, transpiration infrastructure, urban infrastructure,
hydrocarbons, power and industrial
projects.
• It is having collaboration with the global leaders in
technology and projects.
• L&T is having manufacturing facilities in India, China,
Oman and Saudi Arabia.
8.
9. L & T CONSTURCTION
• L&T Construction ranks among the top
international contractors.
• Its portfolio encompasses engineering, design,
procurement and construction of buildings,
infrastructure and industrial development
projects covering civil, mechanical, and
electrical and instrumentation disciplines.
• Sophisticated construction equipment and
project management tools for quality, safety
and speed are used.
10. OPERATING
DIVISIONS• Engineering and Construction project (E & C)
• Heavy Engineering (HED)
• Engineering Construction and Contracts (ECC)
• Electrical and Electronics (EBG)
• Machinery and Industrial Products (MIPD)
• Information Technology and Engineering Services
L& T:
Larsen & Toubro Ltd – an engineering and construction major .It is
most reputed companies in India’s private sector.
11. L &T Group
Electrical &
Electronics
Engineering &
Construction
Technology
Services
Information
Technology
Infrastructure
Development
Projects
Machinery &
Industrial
Production
Financial
Services
12. • The most important link in Supply Chain Management, supports the
global operations of the Company by catering to the needs of all its
offices, factories and projects spread across India and abroad.
• To manage the growing business volume and to support the
Division's global operations, procurement offices have been
established in China .
• The Resources Support Department fulfills
the resource requirement of manpower and
Plant & Machinery for various projects .
SUPPLY CHAIN
MANAGEMENT
13. CONCLUSION
ADVANTAGES OF L&T
COMPANY
DISADVANTAGES OF
L&T COMPANY
• Great place to work
• You get to different responsibilities
• Chance to develop your basic skills
• Taking Care of Employees through
right time Payment/Health
care/Appreciation/Security etc.
• Good training programmes.
• Work duration is more- 14 to 15
hours a day & feels like whole
life is in L&T.
• Lesser yearly bonus.
• The management at higher level
don't keep a watch on the good
employees.
14. RECOMMENDATION
• L & T is one of the leading player in Indian
industry.
• Poised for good growth in future considering
the got focus and spending on infrastructure,
power and its strategic plans.
• But it need to work on a plan to manage its
operational efficiencies.
16. FUTURE PLANS
Chairman of L&T
A.M. Naik.
Going forward, my plan for the next two-and-
half years is to work on the next five- year
plan – 2016 to 2021 – to build a team and
complete the succession planning exercise.
L & T has too many businesses and needs to
reduce complexity by rationalising its
portfolio so that it can achieve greater focus.
L & T has business interests in construction,
heavy engineering, power shipbuilding,
defence manufacturing, information
technology, finance and realty.