Documentos de Académico
Documentos de Profesional
Documentos de Cultura
UNIVERSITY OF GUJRAT
Date of Submission
30-06-2014
Page 1.
Introduction:......................................................................................... 5
1.2.
Brief history:......................................................................................... 5
1.3.
Vision Statement................................................................................... 6
1.4.
Mission Statement................................................................................. 6
1.5.
1.6.
1.7.
TYPE oFCoMPANY............................................................................... 8
1.8.
Product line:...................................................................................... 9
1.9.
PESTL analysis................................................................................. 9
Political:........................................................................................................ 9
Economical:................................................................................................... 9
Technological................................................................................................. 9
Organizational structure................................................................................. 10
2.1.
Number of employees..........................................................................11
2.2.
Companys Departments:.....................................................................11
2.2.1.
Purchase department.......................................................................12
2.2.2.
Inspection department......................................................................13
2.2.3.
Production department......................................................................13
2.2.4.
2.2.5.
2.2.5.1.
Hiring:......................................................................................... 15
2.2.5.2.
Firing.......................................................................................... 15
2.2.5.3.
2.2.5.4.
2.2.5.5.
Evaluating training:........................................................................16
2.2.5.6.
Training Records:..........................................................................17
2.2.5.7.
2.2.5.8.
2.2.6.
Internal Audit:.................................................................................. 17
2.2.7.
2.2.8.
Accounts Department.......................................................................18
Page 2.
Page 3.
Executive summary
Wahid Fans is one of the largest manufacturers of quality fans in Pakistan.
Wahid Fans, under the leadership of Muhammad Adnan, its chief executive,
was also the pioneer in electric expert from Pakistan. Since its first export
sales in 1999, with a modest quantity and value, Wahid Fans is now exporting
its products to the tune of 4 million dollars each year to more than 3o
countries worldwide. Wahid Fans has become an instant success for their
quality and durability in all markets stock have been introduced including
these countries in Asia, Middle East, Africa and Europe.
There are several departments working in Wahid Fans include;
1.
2.
3.
4.
5.
6.
7.
8.
Purchase department
Raw material inspection
Production department
Sales & marketing
Accounts & finance
R&D
Human Resource Management
Internal audit
Part I
Chapter No.1
Page 4.
Page 5.
Vision Statement
Page 6.
Page 7.
Partners of
WAHID
FANS
Brothers
Yasir ehsan
Muhammad adnan
(CEO.)
Page 8.
Economical:
The economic position of the electrical fans market is worse the prices of the
raw material is disturbing the whole economic chart of the Wahid Fans. The
price of the essential raw materials used in production fluctuates.
CEO
Economic instability may cause the Wahid Fans to go down because Wahid
Fans is a big represents at roof the Pakistan if economic problems will occur
defiantly it will make problem for fans industry.
Technological:
A new technology can be very useful for them because in the improvement
in the technology the quality of the product will increases and cost will
decreases. So, Technology
plays very important roleManager
in the success of the
Manager
MANAGER
industry. If Wahid Fans uses the technology that other firms do not have
Marketing
Production
Fin&
A/c their demand
then defiantly
will increase. Wahid Fans using the high
technology Fans manufacturing machinery.
Assistant
General Manager
Accounts
Organizational structure
Manager
Sales
Manager
Auditing
Cashier
Manager
H.R.M
Manager
Exp. & Imp.
Manager
Ceiling &Pdstl
Manager
Quality Ctrl
Page 9.
Internal
External
R&D
Department
Page 10.
Purchase department
Raw material inspection department
Production department
Marketing and sales department
Accounts and finance department
Internal audit
Import & Export
2.2.1.Purchase department
Purchase department has very importance in the organization. It is
responsibility of this department to provide raw material to production
department. Production department is dependent on this department. To
produce quality goods and cost saving products it is also responsibility of it
that it should has to purchase raw material from a place where it can find less
expensive material with good quality.
In Wahid Fans raw material is also purchased from outside. Thats why there
is a need of this department. This department purchases raw material for
production department. It is also responsibility of this department to provide
quality raw material within minimum cost.
1. By domestic purchases
2. By imports
By domestic purchases raw material is purchased from different cities within
Pakistan.
Almost every dealer in raw material and spare parts has business relation with
Wahid Fans. Where there is any requirement of material, that supplier is
selected who provides material at reasonable price. Purchase department
negotiates with its suppliers about rates and quality material. Sometime rates
are taken as fix for some period. When new order is prepared first latest rate
is checked otherwise old rate is used in purchased order.
Page 11.
Aluminum Sheets.
Copper Rods.
Plastic raw material.
Mini Motors
Chemicals
China
Taiwan
Korea
Hong Kong
Here is lists of those countries from which mostly imports are done by Wahid
Fans.
Material
from
Market
Purchase
Departme
nt
Inspection
Departmen
t
2.2.2.Inspection department
Organizations that dont compromise on the quality always have an inspection
department.
Wahid Fans has an inspection department which deals with the entrance of
the material. A copy of purchase or is sent to the inspection department. The
person who is responsible for inspection, he checks the material and tally with
Page 12.
Less quality
Defective
From unauthorized dealer
Not useful
Best Quality
Contains no defect
From authorized dealer
Material
form
Purchase dept.
2.2.3.Production department
Production department has very importance in an organization. Because the
quality, working, performance, profitability is depend on this department.
In Wahid Fans all products are manufactured in this department. It is the
department where forces of organization either in the form of finance or in the
form of labor is applied on the material and transformed it in the finished
goods those can be sell in the market. Well trained and experienced workers
provide their services in production of quality products.
Like other organizations Wahid Fans. is also paying attention on the
production and selling department. Coif the organization knows that how
Page 13.
Motor Section
Winding section
Body Section
Blade section
Plastic molding section
Fitting Section
Packing Section
Page 14.
Page 16.
2.2.6.Internal Audit:
Internal audit is conducted to check the working of accounts. Mostly it is done
to prevent discrepancies in cash intentionally or unintentionally.
Adnan Industries has its internal accounts department thats works under the
supervision of internal auditor Mr. Tafheem. The work of this department is to
show the actual position of the company. As there are chances of fraud and
misappropriate in every organization. It is the responsibility of this department
to prevent these tries.
Saudi Arabia
Yuban
Afghanistan
Indonesia
Dubai
United Kingdom
United states of America
2.2.8.Accounts Department
Accounts Department in any organization is important because of his work. It
shows the progress of the organization and the department will allocate the
amount of purchase department purchases. It also pays rewards to other
factors of production in the form of rent, wages, and interest on loans,
electricity bills, and payment to suppliers, accounts, etc.
Wahid Fans accounting department manager works under the responsibility of
Mr. Shahid-ur-Rehman, who is the CEO of the organization.
This department is responsible to allocate the amount approved by the chief
executive in various departments of the need. The department has also
decided to pay the appropriate wage labors.
Wahid Fans in the accounting department has set a production method of
wage labor overtime SYSTEM. This department prepares annual reports for
the organization in September of every year, as September is the last month
of the year, the department is also responsible for the distribution of the Wahid
Fans in bonuses to employees and mitigates the CEO confirms them.
Sources of Receipt:
Page 18.
Wages
Staff Salaries
Utilities expenses
Govt. Dues
Government payments:
1. Custom Dues
2. Sales tax
3. Electricity, Sui gases and telephones expenses
Payments to suppliers:
1. The suppliers are paid on credit/cash basis
2. Venders are paid on cash basis
3. Foreign suppliers are paid up to a limited level
Page 19.
Part II
Chapter No.3
3. Field of activities:
My field of interest is marketing. I start my internship on 25 th June and ended it
up on 5th Aug.Mr. Shafeeq send me to the marketing department to learn how
to manage dealers, making deals with the dealers and making interest
adjustments etc.I worked under the supervision of general manager of Wahid
Fans for 6 weeks. 5 weeks in marketing department and last week in
observing other departments. In observation period I observed the working of
other departments like finance department, sale and purchase, Human
Resource Management.
It was a great honor for me to work under the supervision of general manger
of Wahid Fans Mr.Ali Raza. He is responsible for all records of the company.
He is hardworking and honest man and never compromise on his duties.
I prepared my internship report after completing my internship at Wahid Fans.
But I used to write important points in my notebook for the purpose of
completing my report. In this report I discussed all departments and their
functions in detail. Most of my time was spent in marketing department. I will
show all operations and functions of marketing department with their critical
analysis and suggestions or recommendations.
Weekly Timetable
Day
Date
Departmen
Daily work
Saturday
25/06/201
t
Sales/MKT
Monday
3
27/06/201
Sales/MKT
Tuesday
3
28/06/201
Sales/MKT
Salary, incentives.
Designing some posters for company.
Page 20.
Sales/MKT
Thursday
3
30/06/201
Sales/MKT
job advertisement.
Brochures of Company were given for a
Friday
3
1/07/2013
Sales/MKT
thorough understanding.
Competitors that exist in market were
Sales/MKT
analyzed.
A detailed understanding of how the
Saturday
2/07/2013
Week 2
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Date
4/07/13
5/07/13
6/07/13
Department
Sales/MKT
Sales/MKT
Sales/MKT
Sales/MKT
7/07/13
8/07/13
9/07/13
Sales/MKT
Sales/MKT
Daily work
Passing sales vouchers
Passing sales vouchers
Promotion schemes were discussed
A meeting was held and I was a part of
it
Target areas were briefed
Meeting and interview with staff
Week 3
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Date
11/7/13
12/7/13
13/7/13
14/7/13
15/7/13
16/7/13
Department
Sales/MKT
Sales/MKT
Sales/MKT
Sales/MKT
Sales/MKT
Sales/MKT
Daily work
Surveys done
Surveys done
Surveys done
Surveys done
Surveys done
Surveys done
Week 4
Day
Monday
Tuesday
Date
18/7/13
19/7/13
Department
Sales/MKT
Sales/MKT
Page 21.
Daily work
Passing sales vouchers
Passing sales vouchers
20/7/13
21/7/13
22/7/13
23/7/13
Sales/MKT
Sales/MKT
Sales/MKT
Sales/MKT
Week 5
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Date
25/7/13
26/7/13
27/7/13
28/7/13
29/7/13
30/7/13
Department
Purchase
Purchase
Purchase
Accounts
Accounts
Accounts
Daily work
Placing a purchase order
Tele the purchase order
Tele the purchase order
Tax
Tax
Tax
Week 6
Day
Monday
Tuesday
Wednesday
Thursday
Friday
Date
1/8/13
2/8/13
3/8/13
4/8/13
5/8/13
Department
Accounts
Accounts
Production
Production
Production
Daily work
Tax
Tax
observation about production department
observation about production department
observation about production department
My Job:
Mr.Mudasir is the marketing manager gave me the overview of the marketing
department. He told me all rules and regulation of the company. At first day
there was no work for me to do. But I observe the structure of the marketing
department. There was no well-organized communication structure of the
department.
Page 22.
Page 23.
1.
2.
3.
4.
Page 24.
Chapter no.4
Swot Analysis
Strengths of Wahid Fans:1. Wahid Fans sure the biggest fan of production company are also exported in
bulk, which provide heavy tax for Pakistan
2. Wahid Fans is the only company in Pakistan that exports their fans in the
USA.
3. Wahid Fans uses the most modern /high-tech machinery like Capstan and
turret lathes, Progressing stamping presses, die-casting machines, injection
molding machines, automatic armature winding, CNC cutting machines, wire
machines Spark EDM and convey or ovens for drying paint containing stove.
4. Wahid Fans installed manufacturing unit of copper wire in 1988. Wahid Fans
also produces capacitors owner. Wahid Fans is the pioneers in exports of
fans from Pakistan. Wahid Fan has received four awards trophy export for
fans and other electrical products such as enameled copper wire.
Page 25.
Weakness:
1. At the executive level there is no way to find the problems.
2. The strategy for solving production problem is not useful
3. No check and balances on the management
4. No check and balances on piracy fans
5. Research departments not as efficient as it should be.
6. No big research came out from them.
7. By producing different products in the same factory concentration is diverted.
8. The strategic planning is not as affective.
9. Using old methods to solve the problem
10. Company actually fails to produce a new product which other companies are
not producing.
Opportunities:
Wahid Fans (Pvt.) Ltd. is a pioneer in the export of electric fans from Pakistan.
To start the export from Pakistan has participated in the International Fair of
appliances in 1993 in Abu-Dhabi. The company has also participated in
numerous trade exhibitions organized by the Export Promotion Bureau and
the Federation of Chambers of Commerce and Industry in Bangladesh,
Yemen, Saudi Arabia, Dubai, Bahrain, Qatar, Sudan, Egypt, etc. U.S.A. Wahid
Fans. Was the first company to export Pakistani fans in the Middle East?
Wahid Fans. Fans became an instant hit for their quality and durability in all
the markets in which they were introduced.
Wahid Fans is the first Pakistani company that has obtained the ability to
export their fans in the United States. They got orders in the world exhibition
of electronics. The Managing Director Muhammad Adnan foreign electrical
engineer expert brought in new technologies for the production of fans from
developed countries and Wahid Fans best products in a continuous process.
He brought new opportunities for their industry to make their products of high
quality for the installation of new machinery for the sake of production fans.
Threats:
Page 26.
Page 27.
References:
1. Director marketing
2. Director Finance and Purchase
3. General Manager Finance (Ali Raza)
Page 28.
www.Wahid Fans.com
Chief Accountant
Accounts officer
Assistant Accountant
Page 29.