College student business social internship report
When I was about to graduate, I recalled that when I was in the company's internship survey during my summer vacation, I still felt that the bright future of the motherland was in sight because I saw a steelworks that was about to close down slowly rising. The realization of profit and tax management has become a typical factory in the country.
After graduating from the summer vacation, I was going to an internship at the factory. I also had to organize a group of students to go to the factory for an internship. I was the first to register. The result of course was that the school approved my request. I came with my classmates. factory.
State-owned enterprises are the backbone of our national economy. It is necessary to deepen the reform of state-owned enterprises, further explore various forms of effective implementation of public ownership, especially state-owned systems, and vigorously promote enterprise system, technology and management innovation.
Xx Steel Co., Ltd. is a growing company located on the national road, not far from the county seat. It is a Sino-foreign joint venture and a tax of over 10 million yuan. Its predecessor was the xx steelmaking plant, which was founded in 1989. In 1993, with the care and support of the leaders, the plant and xx嵘Gao Trading Co., Ltd. jointly established Steel Co., Ltd. In 1999, the company reorganized its assets with the group, and the company achieved leapfrog development.
The company has 760 employees, assets of 550 million yuan, and annual production capacity of 600,000 tons. The main products are: ordinary carbon steel, hrb335, hrb400 and high-quality carbon steel, specifications are: 00mm, 5050mm, 6040mm, 6 meters of various lengths of continuous casting billet, the products sell well in the North and South markets.
For more than a decade, enterprises have grown from small to large, from weak to strong, and have gone through extraordinary roads. As a representative of the steelmaking industry, there are many aspects in reform and development that are worth learning and learning from the industry. Especially after the asset restructuring, the company established a modern enterprise system and implemented a comprehensive budget management model. A series of fundamental changes and innovations have been made to the wage distribution system and the labor employment system. At the same time, production equipment has been improved, technological innovation has been strengthened, and corporate profits have increased year by year. Below we will talk about the experience from the three aspects of enterprise system reform, management reform and technological reform and innovation. As our internship results are reported as follows:
The reform of the shareholding system is imperative
Since the company was put into production, after several years of development, although the production technology has been continuously improved and the equipment support has been further improved, the company still faces great difficulties. From the inside: the shortage of funds, the lack of funds turnover, the equipment can not be updated in time, the wages are not issued, the purchase of molten iron is difficult, the production is difficult to maintain, and the scale is more difficult to expand. Lack of talent. The company is small in scale and is in a remote mountainous area. Professional talents are at a disadvantage. Among the nearly 400 employees, there are only a few undergraduates. Technology is backward. It is only to absorb some of the experience of others, and to explore it alone in the dark, without independent technological innovation and use mechanism. Thoughts are conservative and old, and they dare not let go of their hands and feet and make drastic changes. The management methods are backward, the responsibility is unclear, the waste is serious, and the cost is high. More prominent is the financial management confusion.
From the outside: the market downturn in 1997 and 1998, especially the depression in the steel market, the oversupply of products. After the iron mill itself went on the new steelmaking branch, it had a certain impact on the company's molten iron supply. These are undoubtedly making the company worse. By the end of 1998, the company had defaulted on the Group's 400 million yuan in iron water, and the wages of employees were arrears for four months. The company was once again in trouble.
Under this circumstance, the iron factory conducted a comprehensive investigation on Chonggang to revitalize 400 million yuan. It is believed that Chonggang's hardware is good, but there is a problem in management. If asset restructuring is carried out, it will not only strengthen the strength of Tiantie, but also revitalize bad assets, and no need to add new investment. Thus, in 1999, the Group and Steel Co., Ltd. carried out asset restructuring.
A virtuous cycle of funds after asset restructuring
1. Cost control: For the high cost before asset restructuring, the company firmly grasps all aspects of production, supply and marketing, and tries to reduce costs and improve efficiency.
In the procurement process, the company changed its procurement costs in the original procurement process, and implemented the bidding, negotiation and benchmarking procurement system. The bidding and procurement of bulk products will be carried out, and the procurement of goods with high value and quantity will be benchmarked, and the items with low value and small quantity will be subject to negotiation. As a result, the procurement cost has dropped significantly, and the quality of raw and auxiliary materials and spare parts has been significantly improved.
In the production process, the company introduces advanced equipment, optimizes management, improves the utilization rate of human resources, reduces production costs, and makes the company's products more competitive.
The company often conducts safety education for employees and raises employees' awareness of safe production. The production planning department often inspects the post operation of the workers, and the workshops and teams strictly follow the production process to carry out standardized operations and establish a post responsibility system. It has played a significant role in improving product quality and reducing production costs.
Production equipment and process technology innovation. The company invested in the construction of a chemical iron furnace, which can produce 700 tons of molten iron per day, which makes up for the shortage of iron and steel supply of the company and is of great significance to the sustainable development of the company. The investment has newly built an 80-ton truck scale, which has been enhanced and improved. The metering work of the company; the rotor of the oxygen-making air compressor was modified to increase the oxygen production, and the annual consumption of oxygen for purchase was more than 00 million yuan; the continuous casting protection casting and the new technology of nitrogen blowing at the bottom of the ladle were implemented to reduce the crack Waste and molten steel slag have played a huge role and improved the product qualification rate. The implementation of the slag splashing protection process has improved the furnace age and reduced the consumption; the implementation of the wastewater recycling project has saved water resources.
The company regularly holds technical competitions and has emerged a large number of outstanding technical backbones. They are experienced and well-versed in the company. They are the company's production technology experts and a model for each position. They have made outstanding contributions to the company.
2. Capital operation and financial management:
High interest liabilities are one of the main burdens before the company's restructuring. The company's triangular debt is heavy, the capital turnover is weak, the external debt is as high as 45 million yuan, and the annual interest expense is up to 100,000 yuan. After the reorganization of assets, we seized the opportunity of lowering the interest rate of the bank, coupled with good business reputation, and timely cleared up more than 30 million yuan of high-interest liabilities and 80,000 yuan of interest-saving interest, in the way of low loan repayment and new loans. And part of the loan was returned by the acceptance bill, and the indirect benefit was more than 00 million yuan. Through clearing the warehouse, converting and transferring loans, and returning a number of high-interest loans in Tianjin and Jiangsu in advance, the annual interest-saving expenditure was 750,000 yuan, and the interest rate loan for the 100,000 yuan high-interest loan was negotiated, saving an annual interest of 50,000 yuan.
In order to revitalize the stock of funds, the procurement department further reduced the department's inventory, so that the increase in production and inventory did not increase, and strive to achieve zero inventory, further reducing the company's financial pressure. The production department speeds up the production process, improves production technology, and reduces capital occupation. The sales department and the external departments strengthened the clearing of debts and accelerated the withdrawal of money. In the past 99 years, the company has recovered a total of more than 9.6 million yuan from various methods such as recovery, legal proceedings, and redemption. The financial department adopted debt restructuring, strengthening accounting, etc., and obtained non-operating income of 70,000 yuan, reduced discounted expenses of 90,000 yuan, and two benefits of 0 million yuan. Through the operation of funds, the financial expenses were directly reduced by more than 600 million yuan, which enabled the company's funds to achieve a virtuous circle.
In this internship, although I did not directly participate in the production, because the steel mill production is dangerous, requires professionals, I have not trained, can not work, but I learned a lot from their work. The hardships of the workers I saw were on the one hand. Their work was very concise and effective. Everything could be done smoothly.
On the other hand, it is also the most important aspect. As long as you work hard and strive for it, then you will definitely turn to safety. Isn’t the above xx Steel Co., Ltd. a typical one? The difficulties faced by people are beyond imagination, but they can still It is not a miracle to work hard to achieve the company's development and finally become a national model.
I have learned a lot through internships. I will not have any more complaints. I will have difficulties. As long as you don't reply, the difficulties can be overcome. As long as you work hard, success will be in sight!
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