A Brief Introduction Of Business Sector Essay

The group ‘s concern sector is textile and sugar. The group is possessed 12s textile units and one sugar factory. Therefore it deals in fabric and sugar related merchandises. The group is for the most portion depending in fabric sector. Textile is sing one of the largest sectors in Pakistani economic system. It contributes a batch to gaining tremendous gross for the state. Textile sector surely is the biggest sector of the Pakistan. Most of the labour is working in different fabrics Millss located all over the Pakistan. For that ground this sector is a large stakeholder of the authorities. In this sector we are viing with India, China, Bangladesh and many other Asiatic and European states.

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The group is supplying high quality merchandises with really low rates as compared to full market. Monnoo group is besides bring forthing many merchandises and sells it to its clients. In fabric sector group is stand foring many national and international trade names. The most celebrated trade names are Eddie Baure, Gap, Fila Sports, CK, Levi ‘s, RT, Ceilio, Chaps Ralph Lauren, Janco, Seven Sports, Capito Jeans, Levi ‘s Jeans and Dhull. Similarly in sugar sector group is besides bring forthing high quality sugar. This sugar is sale out both inside the state and out of the state.

The fabric sector has looming range in Pakistan. Group ever tries difficult to carry through their client ‘s demands. Therefore the group besides offering after gross revenues services to its valuable clients.

9. Overview of Monnoo Group of Industries

a. Brief History

For over 65 old ages, the Monnoo group has been an icon of advancement and trust, maneuvering Pakistan towards success with the fabric and sugar sectors. The Monnoo Family is a traditional name in Pakistan that has been the narrative of success for the industrial growing of the state. A name that alone stands out as the innovator industrial household that has played a important function in the growing of the economic system.

The growing of the group has played an encouraging function in ruling the local industry and supplying a unafraid hereafter for its employees. The transmutations brought approximately in the local industries by the Monnoo group have made them innovators in the technological and client oriented concern pudding stones.

The group now owns 12 fabric units and a sugar factory. As pioneers in their Fieldss, the group has kept gait with the latest province of the art engineerings, through which the group now produces superior international quality merchandises for clients worldwide. The Monnoo group has developed with singular velocity from a traditional, household owned textile company into a modern hi-tech industrial and agricultural pudding stone.

After Partition, their acquisition of a gum elastic mill was traded for an old fabric factory, installed with a sum of 2400 spindles. By the twelvemonth 1965 the group had a entire figure of 5 fabric Millss. During the troubled clip of divider of the sub-continent, the Monnoo household shifted to East Pakistan and subsequently on set up five Spinning factory operations, 3 in West Pakistan and 2- in East Pakistan.

A figure of companies associated with the group is functioning the state since its origin and are so amongst the innovators of the whirling industry in Pakistan. Get downing with one whirling factory to 12 fabric Millss dwelling of more than 200,000 spindles with over 10000 employees. Most of the companies associated with the group are leaders in the countries of their activity, and have been ISO Certified.

Mission Statement

We have built our repute on quality, Flexibility, service, and unity. Our existent strength is personalized service in an expeditious mode. We continue to put in the most modern equipment available so that we can fabricate a high quality merchandise for our clients. We can plan and develop assorted narrations for clients, and can provide little measures every bit good as big measures of our merchandise. The mission statement of Monnoo Group is to be recognized as the Prime Minister illusion yarn supplier to the markets we serve by supplying quality narrations while invariably concentrating on our client ‘s outlook and keeping a competitory place within the universe of fabric.

We recognize, utilize and develop the alone endowments of each employee, while fabricating the highest quality fabric merchandises. However, we have extremely qualified amid professional staffs who are experts in their field. Our mission will be accomplished through excellence in client service, gross revenues and fabrication supported by the teamwork of all associates. We will go on our tradition, established in 1940, of honestness, equity and unity in relationships with our clients, sellers and community.

Corporate Doctrine

The necessities pillars of Product Quality, Innovation, Technological promotions, Customer satisfaction and above all Seasonably Delivery have been a motivation force behind our corporate doctrine. Keeping a strong R & A ; D background at our Millss and a pleasant working environment that caters to the demands of our direction and workers, a sense of committedness to our environment and to our workers is expressed. With services extoling the benefits of growing amongst our staff and keeping a strong kernel of nature saving, Monnoo Group has brought about a new experience into the local market ne’er kept before.

These pillars support our overall concern doctrine and over the old ages, have enabled our company to turn and thrive as we develop our leading qualities in the fabric community. Guaranting that we are ever a measure in front of competition in footings of merchandise quality and invention. Monnoo Group is ready as of all time to go on our committedness of accommodating to the turning demands of every client with the highest degree of proficient and merchandise array support available to guarantee that all demands and outlooks are systematically met. Investing in the latest hi-tech equipment and installations every bit good as implement the strictest quality control procedures that meet international criterions in the fabric industry is strongly applied at Monnoo Group.

To implement an aggressive market-penetration scheme, we are continuously spread outing our domain of operations in the local and international market place. We have already gained a strong bridgehead in Asia, Middle East, North America and the Far East.

B. Nature of the Organization

Group is divided on fabric and sugar sectors. In fabric sector group is fabricating many merchandises and than sale out within the state and abroad. Similarly in sugar sector group is bring forthing sugar and do a good name in this sector excessively. About all merchandises associating to textile and sugar are bring forthing on a big graduated table.

c. Business Volume

Fabrics:

An mean 200,000 spindles are presently bring forthing by the units owned by the group.

Sugar:

The present suppression capacity of the factory is 3500 tones per twenty-four hours. The company is be aftering to farther increase the capacity.

d. Product Line

The merchandises line of the group is divided in two types.

Fabric Merchandises

Sugar Merchandises

a. Fabric Merchandises:

Narration

Imported and local Cottons, Polyester, Rayon, Modal, Acrylic, Tencel, Lyocell, Tectel, Nylon, Kevlar, Nomex, and Trevira Cs.

Fabric

Womans and knitted cloths, Greig, dyed and printed

Woven cloths for place coating industry

100 % cotton/ polyester cotton Jacquard cloths 100 % cotton/ polyester cotton dobby cloths 100 % cotton/polyester cotton percales T-170 to T-300 100 % cotton/ polyester cotton sateen T-200 to T-600

Woven cloth for garment industry

100 % Cotton Denim

100 % Tectel Fabrics

100 % Nomex Fabrics

100 % Cotton Yarn Dyeds

100 % Cotton Polyester Cotton

Twills/Drills

Stretch Fabric

Knitted Fabric for Home Furnishing Industry

Single Jersey

Knitted Fabric for Garment Industry

Single Jersey, Pique,

Inter lock, Herring bone,

Thermal, Fleece.

Garments

Woven Garments:

Jeans, Bloomerss and Shirts.

Knitted Garments:

Jerseies, Blouses, and Socks.

Leather Garments:

Jackets and Baseball gloves.

Home Fabric

Available in Dyed & A ; Printed Woven and knitted Fabrics

Flat Sheets

Fitted Sheets

Pillow Screens

Quilt Screens

Bed Sheets

Sympathizers

Bed in a Bag

Showers Curtains

Normal Curtains

Towels

Sugar Merchandises

Gogra Samundri Sugar Mills Limited ( GSSML ), a populace limited company, was originally incorporated by the Punjab Industrial Development Board on 26th November, 1976. The undertaking was disinvested to the Monnoo group of Industries after its major installing and before traveling into production in the twelvemonth 1980-81. The direction of the company was transferred to its present proprietors in November 1980. Commercial operations commenced during the cane-crushing season of 1980-81. At that clip GSSML had an mean suppression capableness of 2,000 tones per twenty-four hours, using the defectation-Remelt sulphitation Process. The present suppression capacity of the factory is 3500 tones per twenty-four hours. The company is be aftering to farther increase the capacity.

e. Rivals

Monnoo group has confronting a batch of competition from different companies in the state. Followings are the list of chief rivals.

Textile Sector Rivals:

Nishat Textiles Mills

Gul Ahmed Textiles Mills Limited

Azgard nine limited

Chenab Textile

Colony Fabrics

Din Textiles Limited

Gulistan Textile Mills Limited

Kohinoor Textiles Mills Limited

Sapphire Textiles Mills Limited

Sugar Sector Rivals:

Fecto sugar Millss

Baba Farid Sugar factory

Crescent Sugar Mills

Adam Sugar Mills Limited

Chashma Sugar Mills

Dewan Sugar Mills Limited

Kohinoor Sugar

10. Organization Structure

a. Organization Hierarchy Chart

In Monnoo group of industries the concluding authorization is the fonder president. The president and president assist the laminitis president for doing strategic determinations. The pull offing managers and two managers are straight reported to president. The president is responsible for the strategic planning and merely affect in the major issues.

B: Number of Employees:

Strontium

Description

Strength

Lahore Head Office

200

Karachi Regional Office

100

Rawalpindi Regional Office

100

Monnoowal Textile Mills Ltd.

800

Jamhoor Textile Mills Ltd.

900

The Lahore Textile and General Mills Ltd 1.

600

The Lahore Textile and General Mills Ltd 2.

400

Tribal Textile Mills Ltd.

750

Monnoo Industries Ltd.

1200

Margalla Textile Mills Ltd 1.

1100

Margalla Textile Mills Ltd 2.

700

Olympia Blended Fiber Mills Ltd 1.

500

Olympia Blended Fiber Mills Ltd 2.

300

Qureshi Textile Mills Ltd.

800

Rawal Textile Mills Ltd.

450

Gogra Samundri Sugar Mill Ltd.

1200

Entire

10,000

Approximately 10,000 employees are presently working in different undertakings run by Monnoo group of industries.

c. Main offices:

Lahore:

Head Office

Monnoo Group of Industries

Monnoo House 3- Montgomery Road Lahore

Tel: ( 92-42 ) 6364412-14

Facsimile: ( 92-42 ) 6364431

Electronic mail: Info @ monnoo.com

Web site: hypertext transfer protocol: //www.monnoo.com

Karachi:

Regional Office

119/3, Chagala Street, Kharadar

Karachi

Tel: ( 92-21 ).32434439

Electronic mail: Info @ monnoo.com

Rawalpindi:

Regional Office

Margalla Textiles Mills

32- Hording Road

Sadar, Rawalpindi Kent.

Tel: ( 92-51-5566863 )

Electronic mail: Info @ monnoo.com

Introduction of All Departments.

Following are the sections working in Monnoo group of Industries.

Purchase

Internal Audit

Operationss

Gross saless and Selling

Human Resource

Production

Histories & A ; Finance

Land

Administration

Information technology

Administration

Purchase Department

All sort of purchases are made by this section. All sections frontward request to buy section and than this sections is responsible to do concluding determinations. Following are the chief maps performed by purchase section.

Planing

Roll up the demands of all the section

Making determinations for purchase

Obtains citations

Updating of all sort records

Regular Coordination with other sections

Negotiations with parties

Good dealingss with sellers

Evaluation

Internal Audit Department

Perform one-year audit of all sections

Keep a cheque and balance

Coordination with external hearers

Work independently

Recommendation to betterments

Internal control

Fixing studies for higher direction

Regular audit

Annually and monthly studies

Have full entree to all informations

Open communicating

Team work

Operationss Department

Good communicating

Controling

Coordination

General operations

appropriate use of resources

Monitoring

Overall direction

Keep an oculus on all operations

Formulation of regulations and ordinances

Provide aid

Appraisal and estimation

Gross saless and Marketing Department:

The most of import occupation of the gross revenues sections is to sell the merchandises or services to their respectable clients. The gross revenues section takes information from Millss and so acts consequently. Whereas the nucleus duty of the selling section is to make such sort of activates which finally brings the clients in.

Now we will discourse some chief maps performed by gross revenues and selling section.

Satisfy the clients

Provide full information

To state cardinal benefits of the merchandise

Ad

Public dealingss

Attract clients

Hire bureaus

Create high engagement

Distribution

Promotions

Making Advertising Plans

Human Resource Department

The major maps are recruitment, preparation, retaining, compensation and rating of the employees in a better manner so that it brings the advantage to the company.

Main maps are:

Hiring

Training and development

Compensation

Evaluation

Motivation

Open firing

Planing

Appointments

Performance reappraisals

Resettlement

Payroll

Job description

Record maintaining

Training need assessment

Orientation

Policies and processs

Recruitment procedure

Production Department

Produce goods

Main section

Better quality

Coordination

Proper monitoring

Controling

Quality confidence

Less wastage

Take witting

Histories and Finance Department:

Audited account

Budget planning

Tax direction

Trail Balance

Preparation of histories

Bookkeeping

Net income and Loss Statements

Loans

Balance Sheet

Managing hard currency

Fixed Assetss

Handling of Financial affairs

IT Department:

It handles all the issues associating to computing machine. It includes

Reports making

Networking

Hardware issues

Create and redacting in package ‘s

Care

Date aggregation from different locations

Update informations on web site

Land Department

Take attention of land related issues

Covering in tribunals

Covering with authorities sections related to set down

Evaluation of land

Buying of land for harmonizing to group demands

It handled all types of issuer related to set down

Administration Department

Housekeeping

Security

Managing conveyance

Maintain janitorial services

Managing affairs like electricity, gas, H2O, telephone and facsimile

e. Remarks

The group is runing with functional construction. This construction is widely used by many organisations in all over the universe. The Monnoo group is subdivided into functional units such as Purchase, Marketing & A ; Gross saless, Histories and Finance, HR, Production, Operation, IT, Land, Administration and MIS All sections are working harmonizing to different maps as assigned by the competent authorization. The departmentalization of Monnoo group is based on maps. Therefore all sections are accountable for their duties and intents. The direction has no job to manage this construction. Harmonizing to my sentiment functional construction is a good pick. Similarly this map is working good harmonizing the groups demands. The direction of the Monnoo group of industries is really satisfied to follow this construction.

11. Plan of my Internship Plan:

a. A Brief Introduction of the Branch where did I Internship:

Head Office:

Monnoo House 3- Montgomery Road Lahore

Tel: ( 92-42 ) 6364412-14

Facsimile: ( 92-42 ) 6364431

Electronic mail: Info @ monnoo.com

I did my internship in the caput office ( Lahore ) of Monnoo group of Industries.

B. Get downing and Ending Dates of my Internship

Get downing Date

May 15, 2010

Ending Date

June 30, 2010

c. Names of Departments

Human Resource ( three hebdomads )

Gross saless & A ; Marketing ( one hebdomads )

Production ( one hebdomads )

MIS ( one hebdomads )

12. Training Plan

Detailed Description of the Operations of Departments I worked in

Human Resource Department

Human Resource section in Monnoo group of industries is runing along with four bomber sections including Recruitment, Benefits and Compensation, Training & A ; Development and Career Planning. Now we will discourse the complete maps performed by HR section.

HR section is responsible to garner new/existing vacancies petitions from all sections.

Planing

Making determination about Internal Sources or External Beginnings

Recruitment procedure

Employee referral

Ad, newspaper

Campus Hiring

Employment Agencies

Promotions

Training and development

Compensation

Evaluation

Motivation

Open firing

Performance reappraisal

transportation

Maintained of personal record of all employees

Orientations

Fixing concluding colonies

Updating of Leaves record

Gross saless and Marketing Department:

Following are the chief maps performed by gross revenues & A ; selling section. This section has really of import significance in the group.

Merchandise

New merchandise development

Decisions sing monetary value

Promotion activates

Media choice

Distribution determinations

Customer ‘s satisfaction

Accomplish client ‘s demands

Ad bureaus

Stationary printing

Competitor ‘s analysis

Developing a scheme

Satisfaction of the clients

Public dealingss

Attract clients

Making Advertising Plans

Marketing research

Customer ‘s services

Direct communicating with clients

Production Department

Subsequent are the most of import maps performed by Production section.

Production of goods

Maintain high Quality criterions

Communication with all the sections

Planing

Audited account of cargos

Forming

Controling

Leading

Managing twenty-four hours to twenty-four hours operations

Buying

Scheduling and control

Maintain high quality criterions

Proper monitoring

Less wastage

Take witting

IT Department

IT section has a great significance as compared to other sections. Here are following maps of IT section.

Making new package ‘s and makes some necessary alterations in bing 1s

Maintain networking

Buying of computing machine related accoutrements

Information safety steps

Looking after all the computing machine systems

Managing hardware issues

Record care in soft signifier

Server protection

Reports making

Date aggregation from different locations

Posting and updating of informations on groups website

Installing and configuring new hardware and package

B. Detailed Description of the Tasks assigned me in Assorted Departments

They have assigned me following undertaking while working in following sections of the Monnoo group of industries.

Human resource

In Human Resource section I have spent about three hebdomads. I have learnt many things. They have assigned my different undertakings during my stay in HR section. Now I will discourse those undertakings in item.

Recruitment Procedure

Record updating

Concluding colonies issues

Daily attending

Payroll package

Date entries in wage axial rotation package

Training & A ; Development

Aid in pull offing new Staff Orientation Programs

Updating of record both in package and by finishing files

New staff initial preparation

Performance Evaluation

Maintain Leaves record

Career development

Promotions

Marketing & A ; Gross saless:

I have spent about one hebdomad in Marketing and Gross saless section. In this section I have done following operations.

Data entries in package

Covering with clients

Managing telephone calls

Coordination among all gross revenues people

Covering with bureaus

Managing publicities

Survey clients demands

Study consumers tendency

Making a list of day-to-day advertizements

Production:

In this section I have learnt many new maps. Some of those maps are:

Planing for finishing orders on clip

Quality policy

Material review

Packing

Sewing and cutting of garments

Built a nexus with purchase and shop sections

Cleanliness of Machinery

Record care

Helping in Buyers Audit

Information technology:

I have spent one hebdomad in IT section. Following duties are assigned to me:

Keeping system

System efficiency

Care of hardware and package

Networking

Helping with different sections

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