An analysis Risk and returns of selected mutual funds. A project report on systematic investment plan in selected mutual funds. A project report on investment in mutual funds investment strategies. A Report on forecasting of security price using Relative strength Index. An analysis on hedging strategies by using the index with single stocks. Project report on equity analysis on macro economic factors on selected security.
A project report on find out hedging strategies by using beta value of security. Project report on impact micro economic factors in selected securities. And doing construction as Luxury, Semi Luxury and Super Luxury apartments as per the customer segmentation.
They Should follow the international standards and designs. Company has wide ranging access to customers, workers, materials, transportation, etc. Key attributes which are Considered by Link Engineering on Location Strategy are clearly illustrated in the below mentioned table. Table 4- Layout Strategies used in Link Engineering Company Key attributes which are considered by Link Engineering on Layout Strategy is clearly illustrated in the below mentioned table. Chairman heads the entire Organization and supported by Chief Operational Officer, board of advisory consultants and Head of Finance with clear communication channel.
HR managers identify and properly document related project roles and responsibilities, and develop a detailed plan describing the end-to-end processes which will be essential on a construction project or series of construction projects with the intention of regulating its human resource requirements.
Human Resource Management typically takes part in the following core areas; Job design and analysis, Recruitment and selection, Workforce planning, Performance management, Training and development, Legal issues. Firm should conduct HR Audit properly, and these would provide a comprehensive evaluation of HR management practices and activities. Scheduling Link Engineering gives high preference for scheduling decisions for construction projects, it is the process of arranging, monitoring, controlling and optimizing workloads in a construction process.
It is used to purchase construction materials, allocate machineries, plant and equipment resources, and plan human resources Labors, Technicians, Electricians, etc. In Construction, the major purpose of scheduling is to reduce time and unnecessary costs, by analyzing the construction site and contract documents, Project Manager or Project Engineer would tell regarding about the project when to start, with which staff and how many numbers of workers Site Engineers, QS, Foremen, etc.
Scheduling aims to maximize the efficiency of the operation and reduce costs. Figure 6- Sample Scheduling for Construction Projects Below mentioned table clearly illustrates the easy problem solving techniques for common scheduling problems by Link Engineering Company. During the scheduling avoid the temptation to set too many deadlines on tasks. Avoid using too many specific date constraints on tasks. Section 1 - Write Short Notes 2. Business Process Re- Engineering BPR There are three 3 main types of business process improvement such as; continuous, benchmarking, and reengineering among that reengineering is the highest level of process improvement Najjar, et al.
Business Process Reengineering BPR generates radical improvements to processes, often resulting high gains in performance. During the Business Process Reengineering, many firms begin with a blank sheet of paper and rethink existing processes in the organization in order to deliver more value to the existing and new consumers. They typically adopt a new value system which places amplified emphasis on consumers need. Firms minimize organizational layers and remove fruitless activities in two crucial areas such as; Initially, they redesign the functional organizations into cross-functional teams.
Then, they use modern technologies to enhance the decision making and data distribution Rigby, Link Engineering company use Business Process Reengineering BPR to develop performance significantly on their major processes which positively influence their Sri Lankan customers. Enterprise Resource Planning ERP Enterprise Resource Planning ERP is the integrated management of essential business processes, often in real-time and facilitated through software and technology which allows a business firm to use a system of integrated applications to control and manage the business and systematize many back-office functions which are associated to regulatory compliance, accounting and IT services, record maintenance, clearance, and etc.
Kadoli, et al. Enterprise Resource Planning ERP software systems track the business resources such as; money, raw materials, equipment and plants. It also clearly illustrates production capacity and the position of business obligations of the firm: orders, payroll and purchase orders Isikdag, ERP Software applications which make up the system share information across various departments in the organization such as; Manufacturing, Engineering, Purchasing, Human Resources, Finance, Sales and Marketing, etc.
Link Engineering company use ERP System to manage their construction business efficiently and increase profits in a cost-effective manner.
It manages all construction modules on a single platform in a short time period. The Construction ERP software can be implemented at any stage of construction project under any intense time pressures and they are also quickly installed and very user-friendly software.
However, Information Technology plays a significant role in process improvement in a multidimensional way and it could be used from low tech to high tech and constraint to proactive Najjar, et al. IT is an enabler of Business Process Reengineering. Reengineering generates radical improvements to processes, often resulting high gains in performance. Process improvement keenly concerns the methods which are used to develop the way which activities and business practices in the firm are well organized and carried out Lassiter, The main aim of process improvement is to make sure operations are achieved as effectively and efficiently as possible, relative to the organizational goal and with regard to the customers which are served by the firm Keller, Whether a firm wants to develop the current processes or improve new ones, process improvement can support in designing and executing phases to increase efficiency Peters, Now it can be accomplished by using the evolving information technology especially the capability of web technology.
Link Engineering Company using latest web based software applications to improve their process efficiently. Section 2 - Major Business progress in the Organizations 2. Human Resource Management - Recruitment Process If any positions are vacant or required for new construction project. The requirement will be informed to HR Management of the company.
HR manager Will decide whether recruit new from outside or select from company resource pool. If required from outside, they will publish an advertisement through media mentioning the job descriptions for designated jobs and conduct interviews and evaluate their skill levels and select suitable candidate for the designated jobs. HR Management will give induction process for Employees who are selected from either internal or external and their performance are monitored and evaluated and if need to develop they gave training for them.
If the selected employees are performing well, they will get rewarded their remuneration will be increased. Here link Engineering company carryout both design and construction works.
They Minimize the risk of project owners and minimize the project delivery time schedule by overlapping the construction phase and design phase of a project. Above mentioned figure clearly illustrates the design and build process in the firm and also these processes conducted into five phases for every project such as; Initiation, project development, project commencement, Construction and Project Closeout.
Each phase has major activities which are common for design and build projects. Major projects are awarded by Tendering Process and Some projects are awarded by some clients who had a long-term relationship with the company It is an operational process in the organization. Engaging in several building construction projects progress is continuously going on where when they finish construct a one building as per the client priority they will start another project.
These major processes are same for every design and build project. Company have resources and capacity to run maximum six or seven building projects per year.
Company has good engineering team to manage and those projects and also, they are active that if one project complete they will assigned with another project. Therefore, it is a continuous routine for every building construction projects.
This process is continuously carryout to run the company. Many projects are awarded by Tendering Process and Some projects are awarded by some clients who had a long-term relationship with the company.
They the segregate the work and distribute the quantity surveyors and get current market prices for special items. Estimation Engineers will check market price and price markups and breakdown and incorporating a suitable budget to tender projects in order to get it from reputed clients. Company have resources and capability to prepare, quote and submit the documents for maximum seven or eight Based on Project Scope various type of projects per month from Private and Government Firms.
Company has good Quantity Surveying and Engineering team to manage and those various types of tender projects and also, they are active that if one tender submitted they will assign with another tender project. Therefore, this operations runs continuously in order to get big projects and run the company without any financial crisis.
If the company have not enough capability to participate in the big tenders as sole contractor, they can go for joint venturing with big companies in order to obtain projects. Consultant is not only checking least bid price for big projects, they check resources, capabilities, grade certificates and past performance also therefore, it is better go joint venturing for big projects.
Warehouse - Operational Process Figure Warehouse - Operational Process Link, Company has own warehouse in Ratmalana area, however they are managing store at construction site also, because projects are located different places of Sri Lanka.
Recommendation: - Link Engineering can improve their warehouse operational process by Setting up an effective computerized warehouse management system with latest software package for increased productivity and better real-time inventory control.
Tracking the metrics and communicating them effectively. Procurement Process Figure Procurement Process Link, Link Engineering Consider the procurement process as significant factor which improves the profitability of the organization. It is seen as supporting to streamline processes, minimize raw construction material prices and costs, and helps to identify better sources of supply and also manages the good relationship with company vendors.
Company is following traditional procurement process and using old software packages which is not having advanced features.
Materials flow downstream, from raw material sources through a manufacturing level transforming the raw materials to intermediate products also referred to as components or parts. These are assembled on the next level to form products. The products are shipped to distribution centers and from there on to manufacturers and customers. The classic objective of logistics is to be able to have the right products in the right quantities at the right place at the right moment at minimal cost.
Figure translates this overall objective into four main areas of concern within supply chain management. Figure: Hierarchy of Objectives. The two middle boxes in the lower row of Figure delivery reliability, and delivery times, are both aspects of customer service , which is highly dependent on the first box, flexibility , and on the last box, inventory.
Supply chain management decisions are often said to belong to one of three levels; the strategic , the tactical , or the operational level.
Since there is no well defined and unified use of these terms, this Section describes the how they are used in this thesis. The decisions on a higher level in the pyramid will set the conditions under which lower level decisions are made. On the strategic level long term decisions are made. According to Ganeshan and Harrison], these are related to location, production, inventory, and transportation.
Location decisions are concerned with the size, number, and geographic location of the supply chain entities, such as plants, inventories, or distribution centers.
The production decisions are meant to determine which products to produce, where to produce them, which suppliers to use, from which plants to supply distribution centers, and so on. Inventory decisions are concerned with the way of managing inventories throughout the supply chain. Transport decisions are made on the modes of transport to use. Decisions made on the strategic level are of course interrelated. For example decisions on mode of transport are influenced by decisions on geographical placement of plants and warehouses, and inventory policies are influenced by choice of suppliers and production locations.
Modeling and simulation is frequently used for analyzing these interrelations, and the impact of making strategic level changes in the supply chain. On the tactical level medium term decisions are made, such as weekly demand forecasts, distribution and transportation plan, production planning, and materials requirement planning.
The operational level of supply chain management is concerned with the very short term decisions made from day to day. The border between the tactical and operational levels is vague.
Often no distinction is made, as will be the case in this thesis. If your system is not performing up to this potential, be sure you have implemented each of the following characteristics of good inventory management:. Logistics is the art and science of managing and controlling the flow of goods, energy, information and other resources like products , services , and people, from the source of production to the marketplace.
It is difficult to accomplish any marketing or manufacturing without logistical support. It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging.
The operating responsibility of logistics is the geographical repositioning of raw materials, work in process, and finished inventories where required at the lowest cost possible. Need to develop a total system network Clustering of facilities Land cost generally not high Facilities location decisions are not professionally taken Optimal location of facilities Congestion pollution Inventory Control-.
Reduction Shortages Materials cost a major factor. Demand uncertainties Record keeping poor quality — assurance problems inflationary pressures. Cost Automation Pilferage Manpower base Insufficient storage with excessive retrieval time Store layout planning Budget constraint for. Warehouse is the location to or from which the inventory is transported. Warehouses are the key driver of supply chain performance in terms of responsiveness and efficiency.
Before deciding the location of Warehouses we must consider the following points:. The first step in developing any sample design is to clearly define the set of objects, as my study is exploratory, the sampling design includes three decisions i. The data was collected using both by primary data collection methods as well as secondary sources. The base on which a study rests is the information that is embedded in it.
The data for this study was obtained as a blend of both Secondary and Primary sources. The methods that were collected primary data are:. Data collection was done through questionnaire.
They are:. How successful do you think is your company in managing its supply chain in general? Does your company have a separate logistics or Inventory department? Does your company have a clear SCM and operation strategic plan?
How satisfied are you with the current inventory policy regarding SCM? Is supply chain management having all the address of the developer branches of the company? Rate the working strategies of supply chain management department on the basis of the current programs? Is the supply chain management department is having sufficient transportation and capacity? Choose the right option, where the supply chain department is facing problem in taking care of the raw material?
How do you rate the delivery activity and Inventory management of the department? Is there any case recorded by the supply chain department in which the production department complained late delivery of raw materials?
Choose the right option, where the supply chain department is facing problem in taking care of the raw material in Essar? Is there any case recorded by the supply chain department of Essar in which the production department complained late delivery of raw materials? According to the current growth process of the Essar, which of the following needs much attention and progress to boost the production?
Are you happy with the SCM of Essar? I am a student doing MBA. So by filling this questionnaire please help me in completing my research project. Why Supply Chain Management in Construction? Key Components of Supply Chain Strategy- Strategy supply chain can be considered as comprising the following key components.
Manufacturing Management — This functional area decides such issues as to how production should be organized and managed. More-or-Buy Decisions- Traditional approaches on make-or-buy decision have considered such factors as cost of in-house manufacturing.
Capacity Management- This calls for decision to locate plants for in-house processing and suppliers and to fix capacities for both plants and suppliers. Supply Chain Configuration- A supply chain has a number of participants. Distribution Planning- The supplies can be carried through a wide variety of transportation choices.
Demand Forecasting- This calls for determination of the demand of the products for the period considered. Inventory Planning- Once the demand has been forecast, the organization is called upon to determine levels of production to develop an inventory policy.
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