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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.

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Commenced structured succession planning

»

Concluded 5 year settlement with the Unions at

Atul Complex

»

Improved integrated development plan

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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