1. Company profile
2. Design of the study.
3. Analysis of working capital at MYPOL.
4. Importance and objective of the study.
5. SWOT Analysis.
7. Findings and suggestions
Mysore Polymers and Rubbers Products (P) Ltd., was started in the year 1981. The company commenced its commercial production in the year 1982. It is a private limited company. It has obtained ISO TS 16949 – 2002 certificate. The company maintains good relationship with its customers by supplying quality products. The company has also entered into the foreign market in 1994-1995 by exporting its products to far East, Middle East Africa, North and South America. MYPOL ensures maximum utilization of available resources. The company believes in mainly promoting from within and encourages its people to strive for higher management stability. The setup also allows them to take the advantage of common pool of technical and marketing talent of the highest quality.
LOCATION OF THE COMPANY:
MYPOL is located just 6 kms from historical city of Mysore in the state of Karnataka. It is about 10 kms from K.R. Sagar dam. The manufacturing facility of laboratory and head office is housed over an area of 12,153 square feet.
ADDRESS OF ORGANISATION:
Mysore Polymers and Rubber Products (P) Ltd.,
#20 P, K.R.S.Road,
Mysore – 570016.
BACKGROUND AND INCEPTION OF THE COMPANY:
In the year 1981, a group of people from various disciplines of rubber and polymers science and technology, engineering, finance, marketing and management got together and analyzed the Indian Automotive and Rubber Industry Scenario.
Butyl inner tubes, because of their superiority over natural rubber tubes seemed to have a phenomenal market in the future though they were not in widespread use at that time. This was the beginning of the MYPOL Pvt Ltd., which was incorporated under the Company’s Act 1956 with an authorized share capital of Rs.1 million.
The company started production in the year 1982. The initial strategy of concentrating on two wheeler markets paid off as the company, Became known established reliable supplier of quality tubes. At present, MYPOL Pvt Ltd., manufactures inner tubes for almost any type of vehicle on the Indian road.
In addition to it is also innovating in relate for industrial and automotive use. MYPOL bagged the president “Indian special recognition award” in the year 1985.
NATURE OF BUSINESS CARRIED:
The MYPOL is producing industrial goods, viz, tubes, washers, “O”rings, jaws etc. All are used in another industry.
VISION, MISSION AND QUALITY POLICY:
Vision of MYPOL:
Being a market leader in automotive in butyl rubber tubes for domestic and export marketing.
Mission of MYPOL:
Every employee at MYPOL strives to live by this motto. This focused vision has resulted in a rock solid reputation for consistency, reliability and products that conform to national and international standard alike.
Quality policy of MYPOL:
“MYPOL faith is “prosper by quality”
“To create confidence as a reliable vendor through total employee commitment to quality by maintaining high standards of integrity in all aspects of business”
According to the customer satisfaction, continuous improvements of products and process, team work and satisfaction of interested parties govern its operation.
• Enhancement of customer satisfaction.
• Reduction of operating cost by continuous improvement of processes for reduction of variation and waste in supply chain.
• Self – reliance with enhance volume of business in domestic and export markets.
• Increasing in productivity.
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