INDUSTRIAL VISIT REPORT ON URBAN HIVE Pvt Ltd By POTTURI VL KAMALSAI Roll no: 2011BM010086 Class / sec: BBA 2nd year,/B SCHOOL OF MANAGEMENT & COMMERCE MALLA REDDY UNIVERSITY (As per Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad, Telangana 500100 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester TABLE OF CONTENTS S no contents P.no Executive summary 3 Details of the Journey 4 Organizational profile 5 1. 2. 3. 4. Product Details 5-8 5. Observations 9 Conclusion 10 6. 2 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester EXECUTIVE SUMMARY Industrial exposure is most required for management students, exposure to different activities that are conducted in the industry gives an idea about how things work in real life and get to apply the theoretical part of our academics. This visit has discussed the realistic approach toward the management such as how they plan operations policies, production, and financing. What I have acquired from this visit is the manufacturing process and development of the small-scale industry therefore my report is largely based on the production management of small-scale industries. Includes understanding of the day to day to operations of machinery and their infrastructure. Lastly, this industrial visit has enlightened me about the insights of small-scale industries, their functioning, and their objectives. 3 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester DETAILS OF THE JOURNEY Industrial Visit to Urban Hive Pvt Ltd, was carried out on 9th July 2022 for BBA- 2nd-year, B-section students and faculty, The main objective behind this visit was to make the students aware of various concepts of productions and operations this will help the students to put their theoretical knowledge and understand the practicum. I was with 47 students and 2 faculty and we left for the visit at 1:00 pm it took about 15 mint’s for us to reach the industry that is located at Gandimaisamma, Hyderabad and we were divided into Two Groups, and Each Group Consisted about 25 students, GROUP -1 (Roll no:- 61-85) GROUP -2 (86-120) After Reaching the Industry Mr. Karan, Mr. Lakshman & Mr. Charan welcomed us and gave a brief introduction about the company, since I was in group -2 Mr. Charan (General Manager Production) was in charge of the industrial tour and he give us brief insights and clarified all our doubts patiently, our Tour was an Hour-long because we were asking questions and sir was explaining in detail about each machine and with a demo of each machine. So once the tour ended, we all gathered around and asked our questions, took a group photo, and started our journey back to our college at 3:20 pm. 4 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester ORGANIZATIONAL PROFILE Urban Hive India Private Limited is an unlisted private company incorporated on 05 February 2018. It is classified as a private limited company and is located in Hyderabad, Telangana. Its authorized share capital is INR 10.00 cr and the total paid-up capital is INR 6.93 cr. This company is a family business. This company creates high-quality products like kitchens, wardrobes, and furniture solutions so that can we fill our life with a fabulous ambiance. Urban hive head office is located in Jubilee hills and the factory is situated in GandiMaissamma. The Managing Director Mr. T.R. Venu Gopal has over 34 years of experience in the interior turnkey projects space. He has been a trusted interior projects handler for MNCs like Microsoft, Amazon, Qualcomm, Accenture, IBM, and many better noted public and private sector establishments Company does Both B2B &B2C sales Has a Workforce of 120 people and 30-60 laborers in the factory Working days: Monday – Saturday, Timings 9:30 am to 6:30 pm Departments: HR, PROCUREMENT, DESIGNING, FINANCE, PRODUCTION PRODUCT DETAILS Urban Hive is a cabinet manufacturer that manufactures kitchens, wardrobes, TV units, Bar units & sideboard cabinets they are not interior designers, and based on the orders of the customers they customize the manufacture of the goods. 5 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester COMPETITIVE ADVANTAGE OF THE PRODUCTS MANUFACTURED BY URBAN HIVE Materials used:- They use Birch plywood that is imported by them directly from Moscow: The following are the advantages of the plywood Aesthetic Advantage Birch plywood is perfect for home furnishings as it has a nice, rich sheen, and it gives the end product a nice, elegant finish. Additionally, Birch plywood allows you to customize the end product. You can leave it untreated or have it stained. It can also be worked and smoothed over, or it can be left as it is. Either way, you can rest assured that the finished product will still look good. Strength Advantage Birch plywood is known for its durability. The process of forming the Birch plywood reinforces the strength of the original piece of wood. Birch plywood is formed by layering up three or more layers of Birch. This adds a great amount of stability and strength to the plywood. Safety Advantage Birch plywood does not have many knots or jagged edges. It is smooth and is not known to splinter or crack. This makes it the wood of choice for cabinet (and other furniture) makers as well as toy makers. It is ideal for any child-friendly construction. They use High-quality Paints SIRCA Italy, Hesse Germany for wood coating which they don’t import but will buy from local importers the Following are advantages of the Paint’s Protection Against UV Rays if you have placed wooden furniture out in the sun for too long, you may have noticed a drastic change in its appearance. Whether it is heat radiation or UV rays, the sun has the potential to fade, discolor and ultimately damage the beautiful structure of wood Protection Against Yellowing It Keeps the Wood in Its Prime Condition for A Long Time They use Word – of Mouth Marketing and Digital Marketing using Instagram 6 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester They use advanced technology which will not Harm any laborers working in the factory. PRODUCTION PROCESS Step – 1: 2D to 3D,2D Designs are sent to the factory from the head office and then converted into 3D through the machinery. 3 to 4 new orders are received by the sales and design department per day. Step – 2: Hot press, at this stage the laminate is stuck on the wood using hydro tic and applying fevicol. The wood is placed in the machinery called a hot press for 10 minutes under 100 to 300 degrees Celsius temperature to stick the laminate. 70 to 80 boards are laminated per day. Step – 3: Beam saw, after drying the laminated wood for 5 hours, the machinery cut the wood as per the 2D design inserted in the computer. Once the wood is cut a barcode is stuck. 15 to 20 models are cut per day, and 60 boards are cut per day. Step_4: Edge bandage, covering the edges after cutting the laminated wood is known as an edge bandage; the edges are covered using the tape called PVC tape. At least 1100 mts is taped per day at 200 ℃ Step – 5: CNC Machine, this machine is used to drill holes and grove the wood as per the requirement of the customer. Step – 6: Sanding Machine, this machine smoothens the surface of the wood and then the wood is ready for the paint. Step – 7: Robotic Paint Machine, at first, the white base primer is applied to up to 4 layers, each layer is dried for 4 hours and sanding is done after drying each layer, and then paint is applied to the wood. This whole process improves quality standards. Step – 8: Buffing, If the client requires a gloss finish, then the wax is applied to give the gloss shade and this process is called buffing. It will be done by human workers but with machine Step – 9: Drying panels, the panel dries in the drying room to reuse the panels to paint the wood.to ensure no dust particles on the panels so that the paint finish will be smooth Step – 10: Cleaning and packaging, the finished goods are cleaned with a wet cloth and packed in an orderly. According to the project design of the customer O-2-C ORDER TO COST PROCESS 7 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester Customer will approach the Headoffice and Inquire about the product which the want They will send a quatation to customer once they have all the materials they will produce the cabinates and will pack it to the customer with Sale order Invoice If the customer is satisfied with the quatation they will then give a confirmation after the converted the desgin they will plan the production if materials are not available PO will be raised and they will procure the materials Then Now the head office will make the raw design 2D and will send it to the factory Based on the 2D design they will now convert it into 3D design using machinenary Pricing: 8 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester The pricing of the product is based on the following factors Cost of raw materials Cost of production Cost of transport Profit Margin Taxes The pricing differs according to the design and SFT required by the customers A rough estimate of 3,000 Rs INR per Sft is charged OBSERVATIONS Their assembly line is perfectly aligned with each other Each Machine has a selected number of semi-skilled laborers working and they will be given a target to perform daily They use a software Spazio software that will convert the 2D design into 3D design and that will send instructions to machines based on it the workers will start working according to specifications. They have a bar code system that is used for Pack, tracking, and Trace by Internal Management to check how many stages of production a particular wooden log went through. They will reuse, Recycle and re-sell the scrape generated from cutting, and Dust crumps are sold to pellet manufacturers that will be used for making Biofuel. They have a strong QC team Quality check at each stage of production if a particular product fails through quality checking then they should remake the product and give an explanation to the QC team about the reasons A layer of polyurethane coating is applied to the surface of wood/laminate that will substrate to protect it. These coatings help protect substrates from various types of defects such as corrosion, weathering, abrasion, and other deteriorating processes. They have two production lines one is woodwork and the second one is paint line 9 MALLA REDDY UNIVERSITY (Telangana State Private Universities Act No.13 of 2020 and G.O.Ms.No.14, Higher Education (UE) Department) Maisammaguda, Dulapally, Hyderabad 500100. TS., India. School of Management and Commerce BBA II - Year – IV Semester CONCLUSION The Urban hive Pvt.Ltd Company is a PAN India company. The product Fabience has started 4 years ago. This Urban Hive is a home appliances company with 8 years of experience. The company is associated with Fabience where they manufacture the wood product with paint according to the customers, During COVID 1st lockdown Prices of Plywood increased by 80% during that time they imported plywood from Ukraine and even China, and even during the Russia – Ukraine war has impacted the hike of the prices of Breach up to 45% but they didn’t stop their Imports, event though their production costs racked up they did not increase in the prices but last month they have increased the prices up to 15% to their original price. Urban Hive India's operating revenues range is INR 1 cr - 100 cr for the financial year ending on 31 March 2020. Its EBITDA has remained unchanged from the previous year. So overall the company is generally dependent on the Sales/Marketing department and Designing Department for their core operations. 10