SAIL RSP covered 162 employees under its Cost Awareness drive in October
The main objective of this drive is to have Process Optimisation, Expenditure Control and Revenue Generation through untraditional sources, to boost the profit of RSP and help each individual to realise his or her role in achieving the desired results.
New Delhi: SAIL, Rourkela Steel Plant under its Cost Awareness drive "Samvedikaran" has covered 162 employees including executives from 12 Departments in the month of October 2022. The Departments where the programmes were conducted included Pipe Plant, Steel Melting Shop – I & II, Calcining Plant – II, LDBP, Hot Strip Mill – I, Coke Ovens, Sintering Plants, Blast Furnace, Plate Mill, Special Plate Plant and New Plate Mill.
The inputs on the cost sensitisation programme highlighted the current issues being faced by RSP like Sales Cost Profitability, hike in imported coal cost, and imposition of customs duty on steel products etc. The Cost Reduction Plan vis-a-vis the actual performance of the individual departments was also discussed during the deliberations with special reference to cost comparison and variance analysis with regard to ABP target, techno-economic parameters of the last three years and previous month's performance. The product profitability statement was also explained to the participants for a holistic understanding.
The main objective of this drive is to have Process Optimisation, Expenditure Control and Revenue Generation through untraditional sources, to boost the profit of RSP and help each individual to realise his or her role in achieving the desired results. It aims to cover maximum number of employees in a phase wise manner.
The sessions were conducted at various locations by Mr. P Vijayan, GM, Mr. R R Sarangi, DGM, Mr. K K Verma, DGM, Mr. N C Das, AGM, Mr. Biswajit Pal, Manager, Mr. Harish Agarwal, Manager and Ms. Susmeet Kaur, Assistant Manager of F&A Department. Each of these sessions were presided by the Department Heads. The overall programme was conducted by Mr. S C Sahoo, DGM F&A).
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : GRSE Delivers State-of-the-Art Zero-Emission Electric Ferry 'Dheu' to West BengalNews Must Read
- RailTel and Microsoft Forge Five-Year Strategic Partnership to Drive AI Innovation
- CMD IREDA highlights contribution of firm in renewable financing at Pravasi Bharatiya Divas Convention
- Navratna CPSE, SECI Achieves Excellent Rating under MoU performance in FY24
- Bharat Electronics to Announce Quarter and Nine Months Results...Check Date
- Indian Navy received Mazagon Dock's 6th Scorpene Submarine ‘VAGHSHEER’
- IREDA Q3 Results in Focus: Revenue and Profit goes up
- REC Limited signed Rs 2.01 Cr agreement Under CSR
- NLCIL CMD conferred with Mining Innovation Award
- MOIL gets monetary penalty of Rs 17 Crore for Excess Production at Tirodi Mine
- NTPC Green Energy, RVUNL enters into JV NTPC Rajasthan Green Energy for RE parks