Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 We are endeavouring improvements in many areas of operations of our Company, particularly related to i) efficiencies, ii) productivity, iii) business processes, iv) time-cycles and v) people development. Our efforts are expected to favourably impact i) environment, ii) profitability, iii) empowerment, iv) growth and v) competence of the team Atul as actions and results are part of the same process though having different time-lines. Though we have a long way to go, we are happy to share some of the several initiatives our Company undertook during 2015-16. » Commenced structured succession planning » Concluded 5 year settlement with the Unions at Atul Complex » Improved integrated development plan » Initiated training for brand sales team » Introduced sales incentive scheme for brand team People » Enabled ‘iQuote’ (open source integrated solution) for vendor bids on mobile platform » Enhanced ‘mobSales’ (open source integrated mobility solution) for capturing sales orders and providing real time sales information » Improved ‘eLab notebook’ (open source solution for recording, retrieving and analysing experiments in R&D departments) » Implemented HR processes through ‘PeopleSoft’ for subsidiary | associate companies based in India » Improved integrated utilisation of non-fund based financial limits Systems It is what we think we already know that often prevents us from learning. ~ Claude Bernard Operational highlights