Page 1: Introduction
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Tarmac was formed in 1903 as TarMacadam Syndicate Limited. The original name came from the developer of the modern road construction system John MacAdam. It is now part of Anglo American plc. In 2005 the Anglo American group had sales of around £21 billion worldwide and 195,000 employees in 50 countries.
Tarmac forms 90% of Anglo American's Industrial Minerals division. Its sales in...
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Page 2: Important functions within Tarmac
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Operations
In general, Tarmac's operations are:
managing the utilisation of raw materials and the production process
aligning production to market and customer needs
gathering ideas to share across the company thus improving efficiency
managing Health, Safety and the environment
implementing sustainable projects e.g. restoring quarries after use
supply chain management including transport...
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Page 3: Support functions
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Human Resources
Tarmac's Human Resources (HR) department focuses on the following areas:
Organisational Development including managing change, training and development
HR Operations including recruitment, selection and employee life cycle
Compensation and Benefits
Pensions
HR Administration.
It aims to ensure that:
the Tarmac values are shared across the company
employee...
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Page 4: Strategy, Marketing and Technical
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Strategy
In business terms, strategy is a relatively new concept. Strategy, strategic development and strategic management are key roles in their own right. Additionally, various managers and levels of management are involved in many different ways.
The management team undertakes a review with the aim to improve returns on investment and to identify parts of the company not performing as...
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Page 5: Finance
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No business can survive without cash or some form of credit, so to ensure it does not run out of money, it needs to manage its finances properly. Any company with sales in the region of £210 million is a big business and therefore relatively complex.
The finance function of any large business includes:
bookkeeping
accounting
credit control
finance
taxation
management...
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Page 6: Conclusion
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Organisations like Tarmac are no longer mere factories or large scale projects. They are organisations that have serious objectives tied to a commitment to achieving them. Tarmac is also dedicated to operating as ethically as possible.
Working in a multinational and multi-functional environment like Tarmac is varied. There are many departments that work together, e.g. an accountant...
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