Dear connections, Having to finished the Q1 for the year 2024 - 25, My company Ratech Engineers has been doing wonders. Right from getting approved for global project to getting the customer audit approval we have travelled as a family a very long way. A long journey is not about the destination, but it's about the process and path we travel to reach the place we desire. Here are some of our achievement for this Q1 and the point of focus looking forward. ACHIEVEMENTS : 1. Approved by our customer and got the certification of approved supplier, which we genuinely struggled 2 years back. 2. Approved for global sourcing by one of our major customer, we are excited to send our first lot in July 2024. 3. Turnover average for the 1st Quarter is at its company career best. Improved Q1 performance by 12.5% from last year against a target of 10% growth. 4. Developing 3-4 tubular and sub assembly components for various customers in various systems of automobile. Notable improvement is Ratech Engineers is now capable of developing tubular components upto O.D 50 mm and Thickness 3 mm. 5. Added TIG ( Tungsten Inert Gas) Welding into the scope of welding and actively seeking orders for subassembly components. 6. Employee retained from last year to this year stands tall at 93%, which shows the team strength of Ratech, which enables the company to work harder and effectively. 7. Process based communication, operations, machine usage and decision making implemented which ensures no time wastage and precise decision making inside the company. 8. Providing Internships to student of various verticals, Handled Industrial visit for Engineering students, Giving guest lectures and also Signing active MoU with various institutions. VISION FOR Q2 : 1. Sustain and develop minimum 2 components and give the most quality input product to the customer at the right time, at the right cost. 2. To focus on more employee benefit scheme and ensure 100% retentions in the future. 3. Maintaining the turnover at the same average and focus more on stabilising cash flow in the company. 4. Take and develop difficult components from customer, improve the organisation knowledge and invest more on trainings. 5. Road map towards more process based workspace and standardisation of equipments. 6. A stress free environment to work, enjoy and learn. A place where joy is found, the more output we can harvest. Sarvam shree Krishnarpanam. With love P.V. In the pic - The professor I love the most, who is the reason behind who iam today Dr. Pavan P #journeyofpv #entrepreneur #industry #automotive #export #customer #benefits #team #goals #optimistic #mentor
Congrats and wishing you the best 💐💐💐
Wishing you the best
Congratulations Prahlatha All the best for your future endeavours.
Congrats!
Great work!
Wishing you the best Prahlatha varadhan T.P.M.
Amazing!
Amazing! Wishing you a great success
Assistant Professor (Sr. Scale) at Rajalakshmi Engineering College
5moCongratulations on the outstanding progress, Prahlatha! Your dedication and vision for Ratech Engineers are truly inspiring. It's an honor to see you achieve such remarkable milestones. Keep up the fantastic work!