ALBANY

Albany Engineering Company Limited

Albany Engineering Company Limited

Introduction

Albany Engineering Company Ltd manufactures Centrifugal Pumps and Rotary Gear throughout the world in more than 40 countries. The company was founded in the year 1902 in South London in small workshop and now it is one of the largest manufacturers of different kinds of pumps in the region. Company's products range includes centrifugal pumps, lobe pumps, and twin screw pumps (aviation fuel). Moreover, the company supplies different spares services to the clients for all of its pumps and repair service for most makes of pump. The Albany Engineering Group is an approved supplier to the Ministry of Defense and complies with API codes for the petrochemical industries (Albany, 2013). The purpose of this paper is to make evaluate overall process of the company by analyzing its management functions, profit maximization perspectives, SWOT analysis, strategies used by the management in order to increase revenues and channel strategies of the company.

Discussion

Plant and equipment

Albany Engineering Limited has established a high reputation throughout the world as a manufacturer of Rotary Gear and Centrifugal Pumps. The company has concentrated on developing and refining a wide range of products including a number of specialist gear pump applications. Albany started to make gear pumps in London over 100 years ago however, the factory was destroyed in the Second World War and now operates from a well equipped plant in the West of England near to Bristol. In recent years Albany has acquired five gear pump competitors in the UK and expanded its presence in niche markets. In 2000 Albany has expanded into the manufacture of twin screw pumps with capacities to 300m/hr and above by purchasing Stothert & Pitt pump designs which also brings heavy duty internal lobe pumps and large centrifugal pump designs to Albany. The company also offers cargo handling pumps for liquids from Molasses to light hydrocarbon fuels. At the forefront of modern technology Albany is the UK's largest producer of specialist gear pumps, and has the capacity to handle large volume contracts as well as singular bespoke applications (Albany, 2013).

Labor

The labor of Albany has been designated on different plants of the company according to their skills and company make sure that right labor is deployed at the right plant. It is because of labor of the company that it has been manufacturing new equipments according to the market need. At the forefront of modern pump technology Albany is constantly providing pumping solutions to major industries as new products and plant installations are developed by the assistance of labor. As the UK's largest producer of specialist gear pumps, Albany has the capacity to handle large volume contracts as well as singular bespoke applications by utilizing labor effectively (Albany, 2013).

Supervision and Engineering Support

According to Hills (2000), it is the responsibility of organizational leadership to design such manufacturing strategy that can enhance overall production of the organization and is able to cope-up with the requirement of the customers. The supervisors working at the plant makes sure that pumps ...