Perculse Rubber Manufacturing Industry - Salem Indroduction About Internship Training
Perculse Rubber Manufacturing Industry - Salem Indroduction About Internship Training
Perculse Rubber Manufacturing Industry - Salem Indroduction About Internship Training
CHAPTER I
INDRODUCTION
Internship represents the capstone of a new psychologist's formal academic training and
his/her induction into the profession. In keeping with the general mission and philosophy of the
training program, it is designed to assist interns in developing scientific and practice skills
appropriate to those of a generalist working with adults at the competency of an entry-level
psychologist. More specifically, our program has three overarching goals that guide the training
we provide.
To train psychologists to broaden the scope of their services beyond those provided to
clients.
To achieve this goal interns are trained to provide supervision, outreach, psycho-
education, consultation, and program evaluation.
To achieve this goal ethics and professionalism are topics that are introduced during
orientation and discussed in many venues throughout the year. Also, staff serve as models
and mentors to interns.
Personal bias and prejudice of the respondents could have affected the result of the study
This study is academic effort so is limited by time cost and coverage
This study is subjected to the common limitation of secondary data.
SCOPE OF THE STUDY:
The project study is to be based on the functional area (such as marketing, finance, hrm)
that the student opted as major in third and fourth semester.
Before commencement of project study each student is to develop a synopsis in
consultation with guide in the chosen functional area covering the broad aspects on which
the data is proposed to be collected and analysis is to be conducted.
It may be noted that the chosen functional area is not restrictive.
If the student finds any other area interesting or otherwise, they must explore it and
comment on it in report.
Each student is required to carry out the work and submit the report individually.
The study that involves carrying out original research in order to meet the organization’s
continual need for new information for forward decision-making
. The main issues may be human, economical, functional etc, but the construction and/or
application of some kind of research instrument are the focus of the study.
The analysis of the research findings (e.g. Client’s responses to questionnaire about
changing product specifications) should take place, resulting in proposals about how to
manage relevant aspects of the organisation’s future.
CHAPTER II
COMPANY PROFILE AND INDUSTRY PROFILE
COMPANY PROFILE:
Our company is now ready to become a major force for friendly environment in the
global rubber industry. We are the authorized contractor of RAK Municipality for their dump
yard of tyres. Hopefully, our company will be accredited as green industry by UAE Government
as our goal is to reduce the pollution of the environment. The company is equipped with the State
of art machinery to shred and produce rubber crumb of 7000 MT per annum.
Perculse rubber manufacturing industry became functional under the able leadership of
Mr. K.L. Jain. Production started in a small, rented place with a workforce of only five people.
The high-precision, international-quality rubber products and efficacious services of
perculse rubber manufacturing industry have helped us build an impressive client base across the
country. We have carved a niche in the global market as well, working in tandem with reputed
export houses and catering to the quality-conscious markets of Europe and the USA. The
company is also exploring new markets worldwide in order to expand its business prospects
further.
VISION
MISSION
INDUSTRY PROFILE
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
In 1970, perculse rubber manufacturing industry had tendered to buy competitor Atkinson. Ultimately
the bid failed and were the successful buyers, the new company being called Atkinson. Many of the old
Atkinson workforce did not like change and some moved across to perculse rubber manufacturing
industry. One such key engineer was Jack Cooke who's influence led to the development of another
entirely new ground breaking cab. The steel framed, fibreglass panelled SP (Steel / Plastics) as fitted On
the B Series models.
ORGANIZATIONAL CHART:
Board of directors
Managing directors
General manager
CHAPTER III
FUNCTIONAL DEPARTMENT:
FUNCTIONAL DEPARTMENT:
1. Production Department
2. HR Department
3. Finance Department
4. Marketing Department
5. Sales Department
6. Purchasing Department
PRODUCTION DEPARTMENT
Rubber is traditionally grown in India in the hinterlands of the South West Coast
comprising of the state of Tamilnadu and adjoining Kanyakumari District of Tamil Nadu (TN).
Tamilnadu is the single largest rubber producing state in India accounting for 91 per cent of total
NR production. Tamilnadu and TN are considered to be the traditional rubber growing regions in
the country. In recent years, among non-traditional region, Tripura and Assam have witnessed
growing production of NR.
The tract is now reaching a level of saturation for rubber cultivation and the scope of further
expansion of the crop is very much limited. Considering this fact, the expansion of rubber
cultivation, which is of prime importance for setting up rubber production, has to take place
mainly in non-traditional areas. Non-traditional areas so far identified as almost fully or
marginally suitable for rubber cultivation are Arunachal Pradesh, Assam, Manipur, and lower
reaches of hills of Meghalaya, Mizoram, Nagaland and Tripura excluding the other state of India.
Although the North Eastern Region lies far outside the traditional rubber growing zone, the
agro-climatic conditions obtained here are unique in as much as near tropical features are
experienced in most parts owing to low elevations, exposure to monsoons and other moderating
influences. The positive results obtained from trial plantations undertaken in early 1960s in the
then undivided Assam and Tripura, commercial scale plantations were raised by Government
Forest and Soil Conservation Departments. Public Sector Corporations set up later joined rubber
planting endeavours on extensive scales. Thus while in Assam and Tripura, Public Sector
Corporations are leading in the rubber plantation sector, in Meghalaya, Manipur, Mizoram and
Arunachal Pradesh the role has played by the State Forest and Soil.
Production capacity:
The production capacity of rubber product is different in the different company. Five
major companies hold 50.4 % portion of total production and rest is held by smaller companies.
Product innovation:
Rubber products are homogeneous product and there are only few uses of it. So product
innovation is not seen in it. Yet companies are trying to differentiate their products with the
rivals and for it they always trying for innovation.
EXPOSURE DATA
In the context of this Monograph, the rubber industry is restricted to the rubber-manufacturing
industry, including the production of tyres and general rubber goods and the process of re-
treading. The production of synthetic polymers in chemical plants is not discussed.
MANUFACTURING PROCESS
All the materials required for the manufacture of the finished product are assembled. The
raw polymer, either natural or synthetic is brought together at this stage with a variety of
compounding chemical additives before being introduced into a mixer. The extensive range of
chemicals required and the volume of raw material handled can give rise to substantial quantities
of airborne dust.
MILLING
From the mixer, the uncured rubber compound usually passes to one or more milling machines,
where it is thoroughly blended to ensure an even dispersion of its chemical constituents. At this
stage, considerable heat is generated, and, although many technical improvements have been
introduced in recent years, the job of mill operator still involves a considerable degree of
physical exertion and exposure to fumes arising from the heated compound.
The extruders force the rubber compound through a die into various forms, which are then
cut to appropriate lengths. Strips of softened rubber compound are fed into multiple-roll milling
machines (calendars) to form rubber sheeting, or to apply the rubber directly onto woven textile
fabric, which can then be wound off onto a roll. During such manufacturing operations, fumes
are often generated.
Component assembly and building
At this stage, solvents are frequently used, with the possibility of inhalation of solvent
vapours or of direct effects of the solvent on the skin of the operator.
Curing or vulcanizing
Heat is applied to the product, usually by use of steam, in a curing mould, press, or
autoclave. Operators working in the area are exposed both to heat from the presses and to fumes
from the heated rubber products. Chemical reactions take place throughout the manufacturing
process, and may give rise to new, more volatile chemicals.
This involves the handling of cured rubber products, often while still hot. It usually
involves direct and extensive skin-contact with the surface of the finished article (during
inspection) and may also involve exposure to vulcanizing fumes. Grinding, trimming, repair,
painting and cleaning may also entail exposure to rubber dust, fumes and solvents.
Storage and dispatch
Large quantities of stored rubber goods may release considerable amounts of toxic
substances, either as vapours or as constituents of the ‘bloom’ on the surface of finished goods.
A wide variety of natural or synthetic elastomers, fillers (e.g. carbon black, precipitated
silica or silicates) and additives are used in compounding to create the necessary properties of the
final rubber product. The actual chemicals used in this process have changed over time and vary
extensively depending on the manufacturing sector (e.g. tyres, general rubber goods, re-
treading), and on the specific plant. Compounding ingredients are classified as vulcanising
agents (e.g. elemental sulphur, sulphur donors such as organic disulphides and higher sulphides,
peroxides, urethane cross linking agents); vulcanization accelerators (e.g. sulphenamides,
diazoles, guanidine’s, theorems, dithiocarbamates, dithiophosphates, and miscellaneous
accelerators such as zinc isopropyl xanthenes and ethylene thiourea); vulcanization activators
(e.g. zinc oxide, magnesium oxide, lead oxide); retarders and inhibitors of vulcanization (e.g.
benzoic acid, salicylic acid, ophthalmic anhydride, N-nitrosodiphenylamine (NDPA), N-
(cyclohexylthio)phthalimide); antidegradants; antioxidants (e.g. phenolics, phosphites, thioesters,
amines, bound antioxidants such as quinone-diimines, miscellaneous antioxidants such as zinc
and nickel salts of dithiocarbamates); antiozonants (e.g. para-phenylenediamines, triazine
derivatives, waxes); anti-reversion agents (e.g. zinc carboxylates, thiophosphoryl derivatives,
silane coupling agents, sulphenimide accelerator, hexamethylene-1,6-bis thiosulphate disodium
dehydrate, and 1,3-bis(citranimidomethyl) benzene); plasticisers and softeners (e.g. petroleum
products such as petroleum waxes and mineral oils, coal-tar products such as coumarone resin,
pine products, synthetic softeners, and other products such as vegetable oils and fats); and
miscellaneous ingredients (such as peptising agents, blowing agents, bonding agents, and
pigments)
The important development schemes and activities undertaken through the Department
are the following:
HR DEPARTMENT
A study on Human Resources Management was made in small and medium industries
located in Amateur industrial estate in Madurai city, India. The outcome of the study indicates
that the majority of the units do not have any human resource policy in place. However they
pursue same human resources practices like recruitment, selection, training, performance
appraisal, and compensation, grievance redressal and so on in a haphazard and arbitrary fashion.
This paper suggests professional approach to various dimensions of human resource
management in the light of various constraints the small and medium units encounter.
Perculse Rubber Manufacturing Industry is one of the most exciting integrated Rubber
Industry to work with in this part of the world. The HR policies at Perculse Rubber
Manufacturing Industry revolve around the basic tenet of creating a highly motivated, vibrant &
self-driven team. The Company cares for each & every employee and has in-built systems to
recognize and reward them periodically.
Our work philosophy recognizes and encourages performance and we constantly strive to
maintain a climate that nurtures ability and provides all round development of our employees -
one in which they can grow and flourish.
The consolidated human resource policy focuses on selecting candidates with the right
talent, capabilities and aptitudes from all sources - through campus placement programs and off-
campus initiatives throughout the year at various locations. We also recruit experienced
professionals from the industry at various mid-level and senior positions
We focus on induction, structured on the job training, developing and utilizing the full
potential of recruits, clarifying expectations through job descriptions, education and development
efforts. The skills and key competencies required for all positions of responsibility have been
defined and these form the basis for advancement to higher positions.
Periodic employee satisfaction surveys are carried out on the basis of which, areas of
strength are reinforced and those of concern, are addressed.
HML also has the tremendous advantage of support from the RPG Group's HR department.
Catering as it does to the needs of several thousand employees across several diverse industries,
the RPG Group HR department encourages learning and development through:
The company believes in the overall development of the individual. Perculse Rubber
Manufacturing Industry has always attracted young talent and advanced the best performers. The
fact that most of the leaders of this industry in this part of the country been groomed and
nurtured by the company stand testimony to this.
At Perculse Rubber Manufacturing Industry, our team members never stop learning and
growing. We encourage professional and personal development so much that we've created an
entire working culture around it. Team members at Perculse Rubber Manufacturing Industry can
expect a vast array of programs to increase skills in their current role and develop leadership
skills that can make a significant impact on their career.
Structure of HR department
MD
GM
APO
TIME OFFICER
COMPUTER
PROGRAMMER
STENO
JUNIOR CLERK
TYPIST
HEAD GUARD RECEPTIONIST
ATTENDER
MARKETING DEPARTMENT:
Marketing is the human activity directed at satisfying the need and wants through an
exchange process. In Perculse Rubber Manufacturing Industry the entire range of products is
marketed by Perculse Rubber Manufacturing Industrysales international limited. The RSIL
formulates market strategies for both domestic and international markets. The marketing
department is headed by marketing manager.
CHANNELS OF DISTRIBUTION
A channel of distribution is the path through which products move from the place of
production to the place of ultimate consumption. The company distributes its products
through dealers. The company has around 150 dealers throughout India .
factory
Dealers
Customers
MARKET SEGMENTATION
A market consists of large number of buyers and they are widely scattered. They
are different in their wants, purchasing power, buying attitude, buying practices
etc…..therefore it is desirable to group the buyers on the basis of location, income ,
education, age, sex etc….so as to enhance the satisfaction of the customer and profit to the
market.
PROMOTIONAL TOOLS
Once the product is manufactured, price fixed and distribution channels are selected, the
next task is informing the prospective customer. The customers of Perculse Rubber
Manufacturing Industry are informed through the following tools:
Advertising
Dealers meet
Carpenters meets
Discounts, offers, gift packs during festival season.
Sales man gift scheme.
Sales promotion
Press media
Visual/ electronic media
Hoarding
Exhibition
Laminated boards
BRANDING OF PRODUCTS
TRANSPORTATION
This is the physical movement of goods from one place to another. Transportation
function of Perculse Rubber Manufacturing Industry is undertaken by sales and shipping
division. The company usually uses the modes like train, road, and ship for the purpose of
transportation.
PRICING POLICY
Pricing policy provides the guidelines within which pricing strategy is formulated and
implemented. Perculse Rubber Manufacturing Industry follows cost based pricing policy.
The price of the product is computed by adding certain percentage of profit to the cost of
the product per unit.
DISCOUNTS
The company provides 2% trade discount on colonial furniture and panel bards. If the
per purchase value exceeds Rs 8 lakh then 10% discount is given.
MARKETING RESEARCH
Marketing research is concerned with obtaining information regarding market.it is
study of market its self. The marketing research is conducted by the company regarding
changes in price, quality, design, and customer satisfaction level and after sales service etc
Perculse Rubber Manufacturing Industry haut only chairs are assembled and packed for
selling, and items such as tables and cots etc are just finished and packed. The products are
named with company name, brand name, and brand mark and model number.
Dispatching is done according to the order. The goods are covered with p form sheets
and bubbles sheets and put it into card box for protection. The company mainly exports
products to UK, USA, JAPAN and GULF COUNTRIES.
The F&A Department headed by the Director (Finance) has eight divisions viz; Finance
and Accounts Division (Administration), Finance and Accounts Division (Research), Finance
and Accounts Division (P&PD), Finance and Accounts Division (Rubber Production), Central
Finance and Accounts Division, Cost Accounts Division, Electronic Data Processing Division,
and Internal Audit Division.
In addition, there are Accounts units that are functionally coordinated by the Director
(Finance) in the Rubber Promotion Division, Pilot Crumb Rubber Factory, Excise Duty Division,
Training Dept. and the Regional Offices.
The Department manages the Board's funds, budget and budgetary control, maintenance
of accounts of the Board, preparation of consolidated annual accounts of the Board, co-
ordination of audit by the Accountant General of Tamilnadu, study of financial aspects and
preparation of financial statements for project reports, updating of cost studies on rubber,
operation of electronic data processing system in different functional areas, tax matters of the
Board.
FINANCIAL DEPARTMENT
Finance refers to the application of skill or care in the manipulation in the use and control
of the money .The finance in the modern business world is the life blood of business economy.
We cannot image a business without finance because it is a central point of all business
activities.
FINANCIAL FUNCTIONS
Financial planning
Rising of necessary funds.
Controlling the use of funds
Deposition of profit
Accounts finalization
Tax planning
Book keeping and accounting
Internal audit &Profit planning
CAPITAL BUDGETING
Capital budgeting is done at the beginning of the year itself. The requirements of
capital will be specified clearly for the approval. During the budgeted year, if there is any
further requirement of capital is faced then the proper justification has to be made. If the
requirement is seen as important on then approve of the capital is sanctioned the requirement
of additional capital may arise due to change in price of raw materials, packing materials,
transportation cost etc
CASH MANAGEMENT
Cash management system is one of the key areas in any business, apart from the fact it
is the most liquid current asset can be reduced. Cash is the common denominator to which all
current assets can be reduced because that the other major liquid asset receivable and
inventory get eventually get converted in to cash.
PLANNING OF FUNDS
Planning of funds is a careful estimate made by the manager about the total funds
required, which includes both fixed and working capital requirements. This estimation is
done by the observation over the physical activities of the company.
ALLOCATION OF FUNDS
Providing the funds to proper place at proper time is also an important task to be done
by financial manager studies the cash requirements of each department and funds are
distributed.
RECORDING OF TRANSACTIONS
Each and every transactions of the company are recorded first in journal and posted to
ledgers.
WORKING CAPITAL
Working capital refers to the amount required to meet the day to day operations of the
business the working capital of the company is 80 lakhs per month complete rise working
capital in the following ways
Cash
Inventories
Accounts receivable.
FIXED ASSET
It is the major part of working of a company. Depreciation of fixed asset is charged on
the diminishing balanced method.
Vehicle
Plant and machinery
Generator
Building
COST CONTROL
The costs are controlled in raw material and reduction to expense there is limitation of
utilization of funds. The company will all ways have the comparison of budget actual.
AUDITING
The accounts of the company should be compulsorily audited. The auditing work is
done by m/s Varma & Varma, kannur. There is an internal auditing system which is done
by the internal auditor.
TAX STRUCTURE
Company pays sales tax, income tax and excise duty ( 14%) VAT 12.5% to the
tamilnadu Govt.in accordance to change in state budget.
STATISTICS DEPARTMENT
SALES DEPARTMENT:
Perculse Rubber Manufacturing Industry sales international is the sales and marketing
outfit of entire Perculse Rubber Manufacturing Industry group of companies. The company is
run by eminent professionals with the active support from the management. The company has
already well established dealer/ distributor net work and it is expanding its horizon throughout
the world.
Perculse Rubber Manufacturing Industry has one sales and shipping officer. He controls the
sales activities in the company. Shipping an activity taken by central exercise, they check all
products in the company itself to avoid damages incurring in loading. Loading of goods in the
container at shipyard is called shipping. Shipping of product is done from Cochin shipyard.
Receiving data from dealers and arranging for the dispatching of products.
Preparation of invoices and other related document for dispatch
Maintaining of sales register and filling of sales tax returns and other statutory
records with the sales tax department
Maintaining and submission of statutory documents pertain to central excise
department
Preparation of quotations as per the requirement from the parties in consultation
with the production department and accounts officer.
EXPORT PROCEDURE
Locating the potential buyer by searching through various portal, trade journals,
foreign visit export promotion councils and also by responding enquiries.
Contract thus by mail, telephone and intimating the company intention.
Negotiating prices terms of payment and delivery terms.
Sending sample brochure and other requests
If price and terms are approved, awaiting their purchase order/ contracts.
Filling shipments documents through the(custom home agent).
Providing necessary advice to buyer
Follow up the cargo till it reaches the destination.
Effort for the order.
Obtain buyer feedback and product quality.
SALES REPORTING:
The Key Performance Indicators indicate whether or not the sales process is being
operated effectively and achieves the results as set forth in sales planning. It should enable the
sales managers to take timely corrective action deviate from projected values. It also allows
senior management to evaluate the sales manager. More "results related" than "process related"
are information regarding the sales funnel and the rate. Sales reporting can provide metrics for
sales management compensation. Rewarding the best managers without accurate and reliable
sales reports is not objective.
Also, sales reports are made for internal use for top management. If other divisions’
compensation plan depends on final results, it is needed to present results of sales department’s
work to other departments.
Finally, sales reports are required for investors, partners and government, so the
sales management system should have advanced reporting capabilities to satisfy the needs of
different stakeholders.
Sales operations are a set of business activities and processes that help a sales
organization run effectively, efficiently and in support of business strategies and objectives.
Sales operations may also be referred to as sales, sales support or business operations.
The set of sales operations activities vary from company to company but often include these five
categories:
Sales Metrics
Sales Forecasting
Sales Administration
Proposal/Contract Development
Vendor Selection and Management
Planning Process Stewardship
Attainment Planning
PURCHASE DEPARTMENT
The purchasing department plays a very important role in organization because purchasing
has effects on every vital factor concerning the manufacture, quality, cost, efficiency, and prompt
delivery of goods to customers. The purchasing department is responsible for the efficient
purchase of all goods of proper quality required for the different department. Purchasing is the
most important function of material management as the moment an order is placed for the
purchase of materials; a substantial part of the company finance is committed which effects the
cash flow position of the company. The head of the department is usually known as purchase
manager.
The company mainly requires two types of materials- direct material and indirect
material. The direct materials for rubber wood furniture product are the round log rubber
wood and indirect material includes hardware item used for production. The amount of raw
material purchased by Perculse Rubber Manufacturing Industry is around 30 lakh per
month which comprises item including rubber wood and hard ware item like screws, bolt,
nail etc
Consumables like machine belt, lubricant oil, engine oil, break oil etc
Chemicals like boric acid and borax
Finger glue
Lacquer items, thinner, steiner, sanding belt paper etc.
As a substantial portion of the company’s finance is used for purchasing the rubber
wood, the purchase department should keep in mind the following specifications at the
time of purchasing rubber wood
Inviting quotations
The company calls tender for purchase of materials from approves and provisional
vendor. In responds to this tender the company gets the quotation from various suppliers
that they are ready to supply goods by specifying the quality and price.
On receipt of quotations from the suppliers, the purchase officer prepares a comparative
statement on analysis of the quality of raw material at low rat.
Selections of suppliers
Once the order is placed, the suppliers deliver the required materials . on receipt of
item stored in the department will prepare goods receiving notes and forwarded to the
purchase department for further proceedings.
After proper documentation by the purchase department the invoice and goods receiving
notes are forwarded to the financial department for arranging the payment. Usually the
company makes the payment to the supplier within one month.
The recent high energy prices and high prices for petroleum had a major adverse impact
on plastic machinery suppliers and affected the industry’s competitiveness. Many
plastic products manufacturers were relocating as a result of high energy costs.
Not only did high energy prices cost the industry more to operate its factories and
transport its goods, but they also had a dramatic effect on the cost of materials in the
form of resin prices. Plastic machinery suppliers are dependent on processor profits to
drive demand for new equipment.
Equipment sales rely on the economy. Many buyers will hold off on new machine
purchases until the economy picks up.
In the global supply chain, plastic manufacturers are often located near processing plants
from the standpoint of service, delivery, and costs. Most are located near manufacturing
operations, such as automobile and appliance assembly plants.
The Chinese seem eager to do business with U.S. companies in the form of joint-
ventures (JV) or wholly-owned foreign enterprises (WOFE). However, the tight control
over visas, particularly for the Chinese, will make it difficult for foreign companies to
invest in the United States.
Many had weathered the economic pitfalls and were in the process of modernizing and
preparing for better times, a vital step to avoid extinction.
They realized that they needed to spend money to make money and to make the
commitment to innovate and design much leaner ways to manufacture.
The manufacturers that have the fortitude, long-term commitment, and flexibility to
create new ways of faster and leaner responses to the current market will prosper.
Unfortunately, in the current economic situation, much of the investment in capital
equipment, such as plastics and rubber working machinery, has been put on hold.
Industry would like to see more support from the federal government in terms of
reduction in excessive corporate taxes, trade policies, specifically to China (currency
manipulation, fair and even playing field), as well as increased funding for R&D,
grants, and aid.
REQUIREMENTS:
Suppliers that possess the know-how and technology to provide us with low cost molded
resin parts in small quantities
Suppliers that can provide competitive, low cost, high quality automobile and industrial
vehicle engine parts, and can also adhere strictly to volume and delivery date
requirements.
Suppliers that can utilize unconventional materials and methods to reduce the weight and
cost of parts.
Suppliers that can provide pressure-resistant, airtight, aluminum die cast parts, ductile
cast iron products, resin parts (insert mold parts), press parts, bolts, springs, and
bearings, etc.
Suppliers that can provide low cost large resin parts from large molds (450 ton class and
above).
Suppliers that can make low cost resin molds.
Suppliers that can make low cost high-pressure hoses (rubber, resin)
Suppliers that can cost effectively develop and manufacture an assembly process for
electronic components.
CHAPTER IV
SWOT ANALYSIS:
The SWOT Analysis is a strategic planning tool that stands for: strengths, weaknesses,
opportunities, and threats. The SWOT analysis is essential to understanding the many different
risk and rewards of any investment. Analyst, investors, students and professionals or all types
can use a SWOT analysis to categorically break down a project or businesses' strengths,
weaknesses, opportunities, and threats.
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
External conditions that is harmful to a company’s performance.
SWOT examples include an uncertain economy, housing reforms, and a closed
economy.
CHAPTER V
FINDINGS
SUGGESTION
CONCLUSION:
Rubber Products Industries continued their strong performance in 1996. The demand for
rubber products is primarily dependent on the production of vehicles as well as international
trade developments. More recently, various global environment initiatives have also affected the
performance of rubber products industries as manufacturers continue to seek alternatives to the
recycling of rubber.
Perhaps the best solution to environmental and health concerns associated with
manufacturing rubber products would be good engineering control for producing and
compounding powdered chemicals used in rubber compounds, and recycling programmes for all
uncured and cured rubber process scrap and products. The powdered chemicals collected in dust-
collector systems could be added back to rubber compounds with the appropriate engineering
controls, which would eliminate the land filling of these chemicals.
Controlling the environmental and health issues in the rubber industry can be done, but it
will not come easy or be free. The cost associated with controlling environmental and health
problems must be added back to the cost of rubber products.
The rubber industry can no longer be viewed from the narrow perspective of a mere
supplier of raw rubber. Developments in the last decade give a clear indication of the vast
potentials for the industry when it is developed in a more integrated manner. The
competitiveness of the rubber industry should be examined as an integrated entity spanning the
entire industry from rubber cultivation to the downstream value-added industries.
Whilst rubber cultivation per se does not generate attractive returns to investment, rubber
products manufacturing and rubber wood industries offer lucrative returns. The main competitive
edge of Malaysia’s integrated rubber industry vis-a-vis other producing countries is the
comprehensive R&D and technical back-up as well as the several incentives offered by the
government to all sectors of the industry. This has largely enhanced Malaysia’s productivity in
terms of output per unit of land, labour and capital.
REFERENCE: