HR Institute of Higher

Education, Hassan
presentation on
Business Familiarisation Report

Internal guide: External guide:

Ms.Sudha Mr. Darshan
Asst. prof. Asst. HR Mgr
Dept. of Commerce, Pyramid Timber
HRIHE, Associates Pvt. Ltd.
Hassan. Yelwala,
Mysore.
 Presented by:
 Amreeen Khanam
 Ankitha.L.D
 Navitha.K.N
 Rashmi.H.M
Explore creativity
Explore design
Witness innovation
Feel quality
Find inspiration
its all hear ………in Pyramid
Timbers
INDUSTRY PROFILE
Plywood is highly versatile designed product. The plywood industry is more
than 74 years old in India. It was started on small scale. In 1906-07 plywood
was imported to India for first time costing of Rs.31 lakh.

In 1947-48 the factories started diversify its product to : flush doors,
profitable plywood, black boards, attractive plywood marine and aircraft
plywood produced in Indian factories.

Now a days in every place it may be industrial office or houses are using
plywood fixtures this may lead to expansion of showrooms, factories where
they also design different products in plywood.
COMPANY PROFILE
Name :- Pyramid Timber Associates Pvt. Ltd.
Nature of business:- Plywood Manufacturing company
Founder of company:- Mr. Mohammadi.T.Vagh
CEO:- Mr. Ali Azgar Vagh
COO:- Mr. Hussain.M.Vagh
Year of establishment:- 1987
Located area:- Hunsoor road, Yelwala, Mysore
Legal status of company:- Private Limited Company
GST No:- 29AABCP0488K1Z1
Engaged in :- Manufacturing of wooden doors, Doors frames, decorative veneers,
Finger jointed boards, Wall paneling's, Sawn Sizes and Exotic Table tops.
VISION & MISSION :
 Vision:
Pyramid timber associates will be the benchmark for wood based industry in
delivering quality, reliability, value and environment management through
sustainable growth.

 Mission:
Every employee at Pyramid Timber Associates Pvt. Ltd. stirves to live by the
motto. The focus on vision has resulted in a rock solid reputation for consistency,
reliability and products that conform to national and international standard alike.
Objectives:
 To promote the quality of products.
 To self reliance.
 To serve the national economy.
 To build the reputation of pyramid timbers associates.
 Enhance volume of business in domestic and export markets.
 To maintain the brand loyalty of its customer.
Awards and achievement:

Pyramid timber is first Income tax payer at correct time in Mysore and they also
awarded in 2016 for the completion of projects within given period.

Innovation:
Pyramid timber is building a wooden house which is completely built with wood
which is still under construction and is been displayed inside the company campus.
.

Quality policy

 The company Never compromise in quality assurance is their main motto.

 special care is taken while manufacturing the products.
 their keys of manufacturing or controlling quality:
seasoned products
excellent workers,
grate furnishing
 It Has maintaining the export quality. They are enjoying monopoly in high quality
wooden furniture.
 FUNCTIONAL DEPARTMENTS
1. Production department
2. Marketing department
3. Finance department
4. Human Resources department
5. Stores department
1. Production Department:
 They use the timber for producing various products.
 The main product of this company is FJ Board.
 Other products they produce are Veneers, Doors and Table tops.
 The wood that is required for the production is acquired from both as well as
international market.
 The company imports from Canada, France, Sri lanka, Russia etc.
 In India it procures Timber from Bangalore, Chennai, Ahmadabad and Hyderabad.
Product overview
1. FJ Board

•Asian Walnut

•Indian Teak - Natural and Oil finish

•Burma Teak - Natural and Oil finish

2. Doors
•Engineered and Designer doors

•Flush doors

•Moulded skin doors

•Veneered moulded skin doors

•Door skins

•Solid wood doors

3.Veneers
 American Walnut
 Asian Walnut
 Burma Teak
 Golden Teak
 Silver Oak
 Rose Wood
 Pine Wood
4. Table Tops

•Solid Teak
•Finger Joint Teak
•Solid Walnut
•Finger joint Walnut
Machinery Learning:
1. High frequency press 2. Automated panel sizing

3. Moulding machine 4. Profile wrapping

5. CNC machine production 6. Hot press machine for door and veneer

7. Edge bending machine 8. Packing machine

Process
1.Joinery Division
Log yard

Saw mill

Seasoning kilon

Finger joint

German moisture resistant glue

High frequency press

Moulding

Profile wrapping

CNC machine

Packaging
2. Veneer Division

Log Yard

Boiling Vats

Veneer Slicer

Veneer Drying

Hot press

Storage
3. Doors & Table tops

Hot press for door and Veneer product

CNC machine cutting

UV polishing line

Manual polishing

Spray machine

Packaging
2.Marketing department
Due to high standard of quality maintained by the quality control department of this
company, the product of company have found ready acceptance in market both in
India and abroad.

Domestic market
International market

Distribution of channel : zero – level- channel

: one- level- chanel
Pricing strategy
Continues innovating
Branding
Online marketing
Focus on customer
Product diversification
3.HR Department:
The purpose of HR department
Recruitment and selection
Job analysis , job description and job specification
Training and development
Performance appraisal

Attendance system
Entrance and exit
Wage and salary
Benefits
Welfare measurements
4.Finance department

 The company has a capital of invested in various assets and equally share of the
company is
 The company has a well defined financial department which deals with the
financial requirement of the company .
 This department deals in all money matters like sources and application of funds .
 This company was not issuing the shares to the public for the purpose of raising
their capital
 They investing their own capital to the company.
5.Stores departments

 Raw material
Finger joint

 Finished goods
veneers
finger joint
SWOT analysis of pyramid timber associates:
STRENGTH
 High brand value
 32 years experience with dedicated workforce
 Equipped with advanced machines
 They do not leave any wastage they use it by recycling.
 Customer loyalty
 Quality maintenance.

WEAKNESS
 Promotional activities is not so good compared to compitators
 The price of pyramid timbers company ‘s product is high compare to other
competitors.
 High cost of production .
 Volatile of revenue
OPPORTUNITIES
 They have opportunity to trade more in international level.
 availability of new and updated technology.
 Exploring new markets
 There is always a possibility of stable demand for the product
 More efficient production method

THREATS
 Growing competition.
 Government policies
 The demand of highly profitable products is seasonal in nature.
 There are many imitative product are offered by competitors even in
international market
 Environmental threats
 Shortage of raw materials
 TOWS analysis
opportunity Threats
TOWES Analysis
Externel •more trade in international level • growing Competitions
•Explore new market •Highly profitabl products are
•Availability of new and updated seasonal in nature
technology • government policies
Internel •More efficient production method •Environmental threats
•Imitative products enter to market
•With the help of strong brand value of •The loyal customers will stay
•Customer loyalty company , when produced a new product with the company despite
•Strong brand value into market the people the will competitors and price
STRENGH

•Well equipped recognize the brand and buy it, this •The use of good infrastructure
machines leads to explore new market. of company has stored of
•Quality maintenance •The quality of products attract more seasonal products and sell in any
•Good infrastructure customers from out side India it leads season
more trade in international level •The loyal customer and high
brand value is helping from the
imitative products enter in market
•Higher price • the company have international market • As there is growing competition
compare to they don’t conceded the price is less or and there is high cost of
competitors more only concentration on the product production, by using efficient
weakness

•High cost of •The company is using new and updated production method they can
production technology .this leads to reduce the cost produce with comparatively low
•Promotional of production cost than the competitors
activities are less •And also by using efficient production
compared to others method leads to reduce the cost of
production
Mc Kinsey’s 7s Frame work
STRATEGY
Strategy is a term that refers to a complex web of thoughts, ideas, insights, experiences,
goals, expertise, memories, perceptions and expectations that provides general guidance
 specific actions in pursuit of particular ends.
for

• Waste elimination

•Sample Display

•Automated Operation
STRUCTURE
Managing
director

CEO COO

Maintenanc
Finance Accounts Production HR Store e
manager manager manager manager manager manager
SKILL
The skill is an ability to perform an activity in competent manner.

 Technical skills
 Human skills

There are 3 categories of employees in the company:

 skilled workers
 Semi-skilled workers
 Un-skilled workers

They provide on-the-job training for a period of 11 months to improve their skills on the basis of
employees’ knowledge
They don’t provide off-the-job training.

•
STAFF
The company is accommodating various employees, they comprise of
staffs, workers and trainees. The people in organization are very dedicated and
work towards the improvement of the organization.

Number of employees
There are 250 employees in the company.
 Management staff – 50
 Workers- 200

They provide on-the-job training to the staff for a period of 11 months, based on
the job description.

The teams of the pyramid timbers association

STYLE
The management style of leadershi0p adopted

 Participative Management style

Shared values
 Accountability
 Respect
 Excellence
 Dignity
The MD Mr. Mohammadi.T.Vagh. Senior HR Manager Mr. Unus Pasha

HR Manager Mr. Darshan

The CEO Mr. Ali AzgarVagh.

The COO Mr. Hussain.M.Vagh. Assistant HR Manager Mr. Syed inzumam

The Accounts Manager Mr. Ram Murthy Production Manager Mr.Yogesh, Mr.Girish,
Mr.Mueen,
Senior Accounts Assistant Mr.Chandramouli.
Assistant Production
Accounts Assistant Manager

Steno Supervisors

Accounts Manager Assistant Supervisors

Co-Ordinators Operators

Receptionist Helpers

Maintenance Manager: Mr. Ananthashayana

Assistant Maintenance Assistant Maintenance

Manager Manager
SYSTEM
A set detailed methods, procedures and routines established to carry out
a specific activity, perform a duty, or solve a problem,

There are some systems are followed by company:

• Inventory control system
• Management Information System
• Quality Control management
• Performance Measurement System
Financial performance analysis
Current ratio ( 2:1)

Year 2017 2018

Current ratio 1.95:1 1.67:1
In this table, when compared to 2017, 2018 is less this shows that the current assets
are not sufficient to pay the current liabilities

Quick ratio (1:1)

Year 2017 2018
Quick ratio 0.74:1 2:1

The company has become successful in achieving this ratio which means its quick
assets can easily convertible to cash . The current quick ratio of the firm is greater
than 1:1 hence it can be said that the financial position of the firm is good.
Net profit ratio(higher the ratio higher the profit)

Year 2017 2018

Net profit ratio 10 15

This table shows that the ratio of 2018 is more compared to 2017. It shows the good
position of profitability of company.

Assets turnover ratio

Year 2017 2018

Assets turnover 10 15
ratio

This table shows that the ratio of 2018 is more compared to 2017.
It shows more efficiency of the company
LEARNING EXPERIENCE
 Every steps followed in the production by the organization.
 They have focused more on the quality of the product.
 By continuous research and innovation they have arrived at wood house project.
 They operate globally and have contacts with different countries for their imports and
exports.
 They attract everyone with their wooden interiors and exteriors and the experience center.
 There is a continuous and efficient Supply chain management and inventory management in
the company.
 They provide only on-the-job training to their employees based on their requirement with
their own strategies and procedures.
 They procure the wood which are permitted by the government.
 It is located in the proper industrial area hence, it does not disturb the residential areas.
 They maintain good relationship with the customers and their workforce.
 There is an efficient waste management.
SUGGESTION
1.They can provide more benefits to their employees.
2. Company has less women employees they can give more opportunity to women
employees to work in their organization.
3. Company can adopt new methods to check proper background where they can
know better about individual employee.
4. Training can be given in much more better way where they can give full
satisfaction to employees by that they can expect more performance by employees.
5. Infrastructure facility provided by the company may not satisfy the employees. If
they give much better infrastructure facility like transport, food, water supply, by
that they can give fully satisfaction to employees.
6. The company should encourage employees to participate in decision making where
they can assess the employees they also get different ideas from employees and it is
a way to improve motivation.
7. There should be a proper technique to identify a cause and resolve the problem.