SlideShare a Scribd company logo
1 of 15
Batch 191 AMM
Section: 01
Assignment on: Shanta Denim Industry
Introduction: Our assignment topic is RMG (ready-made garments) industry. This
study attempts to explore the theory of organization, planning, staffing, controlling and
how to practice those on a RMG industry. The comparison between theory and general
practices. We have chosen a garment, the name of this garment is Shanta Denims
Limited (DEWHIEST). The RMG industry is the only multi-billion-dollar
manufacturing and export industry in Bangladesh. Whereas the industry contributed
only 0.001 percent to the country’s total export earnings in 1976, its share increased to
about 75 percent of those earning in 2005. Bangladesh exported garments worth the
equivalent of $6.9 billion in 2005, which was about 2.5 percent of the global total value
($276 billion) of garment exports. The country’s RMG industry grew by more than 15
present annum on average during the last 15 years. Currently, there are more than 4000
RMG firms in Bangladesh. So, there are many successfulstory in this sector. Behind
the all those success management play the big role. Without follow a properstrategy of
management this sector can’t grow up.
Theoretical Background:
Planning definition:
Planning is the fundamental management function, which involves deciding hand, what
is to be done, when is to be done, how it is to be done & who is going to do it.
Objective of planning:
 Reduce business related risks.
 Give right decision.
 Keep good control.
 Gives right direction.
 Helps to achieve objective.
 Motivate the personnel.
 Helps in decision making.
 Aids in organising.
Steps involved in planning:
Analyzing opportunities
Setting objective
Developing premises
Identifying alternative
Evaluating alternative
Selecting alternative
Implementing action plan
Reviewing
Types of plan:
1. Breadth
2. Time frame
3. Specificity
4. Frequency of use.
1. Breadth.
Strategic planning:
Strategic planning is the art of creating specific business strategies, implementing
them, and evaluating the results of executing the plan, in regard to a company’s
overall long-term goals or desires.
Operational planning:
An operation plan is an extremely detail-oriented plan that clearly defines how a team
or department contributes to reaching company goals.
Time frame:
Short term Planning:
Short term planning is the planning which covers less than two years. It must be
formulated in a manner consistent with long-term plans.
Long-Term Planning:
Long-term planning usually converse a period of more than five years, mostly between
five and fifteen years.
2. Specificity:
 Specific planning:
Specific Plan that are clearly defined & leave no room for interpretation.
 Directional planning:
Directional plans are the flexible plans that set out general guidelines.
3. Frequency of use :
Single Use Plan:
Single use plan is one, which sets a courseof action for a particular set ofcircumstances
and is used up once the particular goal is achieved.
Standing Plan:
Standing plan is one, which is designed to be used over and over again.
Objectives, policies procedures, methods, rules and strategies are included in
standing plans.
Definition of Organizing:
Organising is the process establishment of effective authority relationship among
selected work, persons & work places in order for the group to work efficiently.
Importance of Organising:
 Clarity in working relationship.
 Effective administration
 Expansion & growth
 Benefits of specialization
 Optimum utilization of resources
 Development of personnel.
Formal Organization:
A formal organization is an organization with a fixed set of rules of intra-
organization procedures and structures. As such, it is usually set out in writing, with a
language of rules that ostensibly leave little discretion for interpretation.
Informal Organization:
Informal organization, the manner in which an organization operates in reality, as
opposed to its formal distribution of roles and responsibilities.
Steps involved in the Organizing process:
Narrow spans of control:
Advantages:
 Higher degree of control.
 Manage is more familiar with individuals
 Close supervision can provide immediate feedback.
Disadvantages:
 More management level, more expensive.
 Slower decision making.
 Isolation of to management. And Discourses employee autonomy.
Wide span of control :
Figure 2: organization with wide spans
Advantages:
 Increased efficiency and reduced costs.
 Quicker decision making.
 Greater flexibility.
 Higher levels of job satisfaction.
Disadvantages:
 Less control.
 Possible lack of familiarity
 Managers spread thin.
 Lack of coordination or synchronization.
Staffing definition:
Stuffing is the process ofhiring eligible candidates in the organization or company for
specific positions. In management, the meaning of stuffing is an operation of
recruiting employees by evaluating their skills, knowledge & then offering them
specific job roles accordingly.
Importance of stuffing:
 Helps in discovering & obtaining competent employees of various job.
 Improve the quantity & quality of output by putting the right man for right
job.
 Improved job satisfaction of employees.
 Reduces of cost of personnel by avoiding wastage of human resource.
 To understand issue related to job analysis and overcome the problem.
Steps involved in staffing process:
 Manpower planning
 Recruitment
 Selection
 Placement
 Training
 Development
 Promotion
 Transfer
 Appraisal
 Determination of remuneration
1. Manpower Planning
Manpower planning can be regarded as the quantitative and qualitative measurement of
labour force required in an enterprise. Therefore, in an overall sense, the planning
process involves the synergy in creating and evaluating the manpower inventory and as
well as in developing the required talents among the employees selected for promotion
advancement
2. Recruitment
Recruitment is a process of searching for prospective employees and stimulating them
to apply for jobs in the organization. It stands forfinding the sourcefromwhere potential
employees will be selected
3. Selection
The purposeof this selection processis to determine whether a candidate is suitable
for employment in the organization or not. Therefore, the main aim of the processof
selection is selecting the right candidates to fill various positions in the organization.
A well-planned selection procedure is of utmost importance.
4. Placement
Placement means putting the person on the job for which he is selected. It includes
introducing the employee to his job.
5. Training
After selection of an employee, the important part of the programmed is to provide
training to the new employee.
With the various technological changes, the need for training employees is being
increased to keep the employees in touch with the various new developments.
6. Development
A sound staffing policy provides for the introduction of a system of planned promotion
in every organization. If employees are not at all having suitable opportunities for their
development and promotion, they get frustrated which affect their work.
7. Promotions
The process of promotion implies the up-gradation of an employee to a higher post
involving increasing rank, prestige and responsibilities. Generally, the promotion is
linked to increment in wages and incentives but it is not essential that it always relates to
that part of an organization.
8. Transfer
Transfermeans the movement of an employee from onejob to another without increment
in pay, status or responsibilities. Therefore this process of staffing needs to evaluated on
a timely basis.
9. Appraisal
Appraisal ofemployees as to how efficiently the subordinateis performing a job and also
to know his aptitudes and other qualities necessary for performing the job assigned to
him.
10. Determination of Remuneration
This is the last process which is very crucial as it involves in determining remuneration
which is one of the most difficult functions of the personnel department because there
are no definite or exact means to determine correct wages.
Definition of control:
Controlling is determining what is being accomplished thatis evaluating the performance
and, if necessary, applying corrected measures so that the performance takes place
according to plans.” In Terry’s view, controlling helps in properimplementing of plans.
Importance of Controlling:
 Accomplishing organizational goals.
 Judging accuracy of standards.
 Making efficient use of resources.
 Improving employee motivation.
 Ensuring order & discipline.
 Facilitating coordination inaction.
Controlling Process
Types of control Techniques:
 Budgetary control.
 Standard costing.
 Financial ratio analysis.
 Break – Even analysis
 Statistical control
Budgetary Control
Budgeting simply means showcasing plans and expected results using numerical
information. As a corollary to this, budgetary control means controlling
regular operations of an organization for executing budgets.
A budget basically helps in understanding and expressing expected results of projects
and tasks in numerical form. For example, the amounts of sales, production
output, machine hours, etc. can be seen in budgets.
Standard Costing
Standard costing is similar to budgeting in the way that it relies on numerical figures.
The difference between the two, however, is that standard costing relies on standard and
regular/recurring costs.
Under this technique, managers record their costs and expenses for every activity and
comparethem with standard costs.This controlling technique basically helps in realizing
which activity is profitable and which one is not.
Financial Ratio Analysis
Every business organization has to depict its financial performances using reports like
balance sheets and profit & loss statements. Financial ratio analysis basically compares
these financial reports to show the financial performance of a business in numerical
terms.
Comparative studies of financial statements showcase standards like changes in assets,
liabilities, capital, profits, etc. Financial ratio analysis also helps in understanding the
liquidity and solvency status of a business.
Internal Audit
Another popular traditional type of control technique is internal auditing. This process
requires internal auditors to appraise themselves of the operations of an organization.
Generally, the scope of an internal audit is narrow and it relates to financial and
accounting activities. In moderntimes, however, managers useit to regulate several other
tasks.
Break-Even Analysis
Break-even analysis shows the point at which a business neither earns profits nor incurs
losses. This can be in the form of sale output, productionvolume, the price of products,
etc.
Statistical Control
The useofstatistical tools is a great way to understand an organization’s tasks effectively
and efficiently. They help in showing averages, percentages, and ratios using
comprehensible graphs and charts.
Managers often use pie charts and graphs to depict their sales, production, profits,
productivity, etc. Such tools have always been popular traditional control techniques.
Profile of DEWHIEST
Practices
Organization: According to organogram we see that DEWHIRST follow the narrow
spans. The narrow span of management allows the manager more time per subordinate
supervised. This can improve the quality of decision making.
Dewhirst Organogram:
How to do planning: Top management are directy involved when take any decision.
After apply it top management discuse with his subordinates and workers. All time they
give priority SWOT analysis. Every plan has extremely detail-oriented plan that clearly
defines how a team or department contributes to reaching company goals that means
operational planning. Its help them easily reach to goal.
Some process of planning:
 Utilize full production capacity
 Right product input right line
 Meet customer given delivery date
 Execute garments manufacturing process and give feedback to top
Staffing:Written and oral examinations are taken during recruitment. In case of higher
lavel employees. Lower level employees are recruited on the basis of aptitude. For
promotion is given on the basis of age and qualifications of the job. There are around
5000 workers here.
The staffing process are:
1. Manpower Planning
2. Recruitment
3. Selection
4. Placement
, 5. Training
6. Development
7. Promotion
8. Transfer
, 9. Appraisal
10. Determination of Remuneration
Controling: If there is no work according to the plannig, it is found out where mistake
has been made. What is the purposeofthe mistake. If there is a problem for any spacific
person, he is given prewarning.
Comparison between theoretical background and practices:
Organization: There are two types of span of controls as Narrow spanand wide
span.
Narrow Span Wide Span
The firm with narrow span of control has
less number of subordinates reporting
directly to the manager.
The firm with wide span of control has
more number of subordinates reporting
directly to the manager.
The firm with narrow span ten to have
narrow structures i.e. more levels of
management.
The firm with narrow span ten to have
wide structures i.e. fewer levels of
management.
It allows less employee autonomy in
decision making as compared to wide span
of control.
It allows more employee autonomy in
decision making.
Thus, it results into better employee
morale and increased motivation.
It is appropriate to handle unstructured and
highly technical tasks.
It is appropriate to handle structured and
routine tasks.
Planning: Your strategic plan outlines long-term goals for the next three to five years.
What you’ll be doing to achieve those goals in the shorter term (typically the next
fiscal year) is outlined in your operational plan.
The goal of your strategic plan is to outline the company’s long-term vision and how
all departments should work together to achieve it. The goal of your operational plan
isn’t company focused it is department focused. There can be overlap between
departments, but that’s the exception rather than the rule. Large departments may
require multiple operational plans.
Staffing: The Company follow the staffing process propertyfor management label.
But this process is not accepted in the worker label
Controlling: According to my uncle each department is controlled by its head. And
QC department checks the value of the product.
Conclusion: We have benefited a lot through this assignment. Only after theory did we
realize by assigning a subject that cannot be fully learned. I learned how to organize,
plan, staff, control in RMG sector. I learned a lot more about management. Due to
their propermanagement, employees work self-motivated, so that their daily target is
filled up every day. By doing this we understand that properuse in management is
very important in every organization.
Reference:
1. https://www.yourarticallibrary.com
2. https://www.topper.com
3. https://kalyan.blogspot.com
4. https://slideshare.com
5. https://thefactfactor.com
6. https://yourbusiness.com
7. https://azcentral.com
8. https://www.learncbse.in
9. https://www.britannica.com
Thank you

More Related Content

What's hot

Industrial attachment of University Of South Asia( Batch Day 21st )
Industrial attachment of University Of South Asia( Batch Day 21st )Industrial attachment of University Of South Asia( Batch Day 21st )
Industrial attachment of University Of South Asia( Batch Day 21st )inshanshopno
 
Different technique for investigation of fiber structure..
Different technique for investigation of fiber structure..Different technique for investigation of fiber structure..
Different technique for investigation of fiber structure..Hasanuzzaman Hasan
 
Hairy fibre removal system using singeing & enzyme wash
Hairy fibre removal system using singeing & enzyme washHairy fibre removal system using singeing & enzyme wash
Hairy fibre removal system using singeing & enzyme washMd. Mazadul Hasan Shishir
 
Circular knitting machine
Circular knitting machineCircular knitting machine
Circular knitting machineTanvir Ahammed
 
Needle Loop & Sinker Loop
Needle Loop & Sinker LoopNeedle Loop & Sinker Loop
Needle Loop & Sinker LoopAmirul Eahsan
 
Presentation on Garments Cutting
Presentation on Garments CuttingPresentation on Garments Cutting
Presentation on Garments CuttingAmanuzzaman Aman
 
Keighley Dobby (negative- double lift)
Keighley Dobby (negative- double lift)Keighley Dobby (negative- double lift)
Keighley Dobby (negative- double lift)KEVSER CARPET
 
Weft knitting machine & parameters of weft knitted fabric
Weft knitting machine & parameters of weft knitted fabricWeft knitting machine & parameters of weft knitted fabric
Weft knitting machine & parameters of weft knitted fabricAzmir Latif Beg
 
Textile chemical processing
Textile chemical processing Textile chemical processing
Textile chemical processing kanhaiya kumawat
 
Satin Weave & it’s derivatives by: Khodadad Ibrahim Anik
Satin Weave  & it’s derivatives by:   Khodadad Ibrahim AnikSatin Weave  & it’s derivatives by:   Khodadad Ibrahim Anik
Satin Weave & it’s derivatives by: Khodadad Ibrahim Anikfahim zauwad
 
Industrial attachment of fakir knitwears ltd
Industrial  attachment  of  fakir knitwears ltdIndustrial  attachment  of  fakir knitwears ltd
Industrial attachment of fakir knitwears ltdMd. Mazadul Hasan Shishir
 

What's hot (20)

Industrial attachment of University Of South Asia( Batch Day 21st )
Industrial attachment of University Of South Asia( Batch Day 21st )Industrial attachment of University Of South Asia( Batch Day 21st )
Industrial attachment of University Of South Asia( Batch Day 21st )
 
Heat setting
Heat settingHeat setting
Heat setting
 
Different technique for investigation of fiber structure..
Different technique for investigation of fiber structure..Different technique for investigation of fiber structure..
Different technique for investigation of fiber structure..
 
Hairy fibre removal system using singeing & enzyme wash
Hairy fibre removal system using singeing & enzyme washHairy fibre removal system using singeing & enzyme wash
Hairy fibre removal system using singeing & enzyme wash
 
Circular knitting machine
Circular knitting machineCircular knitting machine
Circular knitting machine
 
Over dyeing on Apparel
Over dyeing on ApparelOver dyeing on Apparel
Over dyeing on Apparel
 
Needle & cam arrangement of knit fabric
Needle & cam arrangement of knit fabricNeedle & cam arrangement of knit fabric
Needle & cam arrangement of knit fabric
 
Faults in the Knitted Fabrics
Faults in the Knitted FabricsFaults in the Knitted Fabrics
Faults in the Knitted Fabrics
 
Needle Loop & Sinker Loop
Needle Loop & Sinker LoopNeedle Loop & Sinker Loop
Needle Loop & Sinker Loop
 
eConcepts of picking and beatup
eConcepts of picking and beatupeConcepts of picking and beatup
eConcepts of picking and beatup
 
Presentation on Garments Cutting
Presentation on Garments CuttingPresentation on Garments Cutting
Presentation on Garments Cutting
 
Keighley Dobby (negative- double lift)
Keighley Dobby (negative- double lift)Keighley Dobby (negative- double lift)
Keighley Dobby (negative- double lift)
 
Weft knitting machine & parameters of weft knitted fabric
Weft knitting machine & parameters of weft knitted fabricWeft knitting machine & parameters of weft knitted fabric
Weft knitting machine & parameters of weft knitted fabric
 
Fusing
FusingFusing
Fusing
 
Fabric Spreading
Fabric SpreadingFabric Spreading
Fabric Spreading
 
Textile chemical processing
Textile chemical processing Textile chemical processing
Textile chemical processing
 
Industrial attachment of knit concern ltd.
Industrial  attachment of knit concern ltd.Industrial  attachment of knit concern ltd.
Industrial attachment of knit concern ltd.
 
Satin Weave & it’s derivatives by: Khodadad Ibrahim Anik
Satin Weave  & it’s derivatives by:   Khodadad Ibrahim AnikSatin Weave  & it’s derivatives by:   Khodadad Ibrahim Anik
Satin Weave & it’s derivatives by: Khodadad Ibrahim Anik
 
Fibrogragh
FibrograghFibrogragh
Fibrogragh
 
Industrial attachment of fakir knitwears ltd
Industrial  attachment  of  fakir knitwears ltdIndustrial  attachment  of  fakir knitwears ltd
Industrial attachment of fakir knitwears ltd
 

Similar to Shanta denim industry

Principles of management
Principles of managementPrinciples of management
Principles of managementCh Irfan
 
Performance management module 2 Kerala University
Performance management module 2 Kerala UniversityPerformance management module 2 Kerala University
Performance management module 2 Kerala UniversityPOOJA UDAYAN
 
Improve business practice by jaleto sunkemo
Improve business practice by jaleto sunkemoImprove business practice by jaleto sunkemo
Improve business practice by jaleto sunkemoJaleto Sunkemo
 
Improve business practice
Improve business practiceImprove business practice
Improve business practiceJaleto Sunkemo
 
Project on performance appraisal
Project on performance appraisalProject on performance appraisal
Project on performance appraisalayushi pandey
 
certified HR staffing manager sample-material
certified HR staffing manager sample-materialcertified HR staffing manager sample-material
certified HR staffing manager sample-materialVskills
 
Tying employee performance to compensation in a high involvement organization
Tying employee performance to compensation in a high involvement organizationTying employee performance to compensation in a high involvement organization
Tying employee performance to compensation in a high involvement organizationbillmarkis
 
Introduction to management
Introduction to managementIntroduction to management
Introduction to managementBahar Hussain
 
General method of teaching: Major areas of business education.
General method of teaching: Major areas of business education.General method of teaching: Major areas of business education.
General method of teaching: Major areas of business education.zainashraf320
 
27665965 performance-management
27665965 performance-management27665965 performance-management
27665965 performance-managementMayukh Nandi
 
27665965 performance-management
27665965 performance-management27665965 performance-management
27665965 performance-managementKonkana De
 
Copy of [Original size] Blue Engineering Professional Presentation.pdf
Copy of [Original size] Blue Engineering Professional Presentation.pdfCopy of [Original size] Blue Engineering Professional Presentation.pdf
Copy of [Original size] Blue Engineering Professional Presentation.pdfYashuMaru
 
HR AND OTHER POLICY
HR AND OTHER POLICYHR AND OTHER POLICY
HR AND OTHER POLICYanandH11
 
evaluation of performence appraisal INFINITY CREATIONS 2016
evaluation of performence appraisal INFINITY CREATIONS 2016evaluation of performence appraisal INFINITY CREATIONS 2016
evaluation of performence appraisal INFINITY CREATIONS 2016saikrishnabachuwar
 

Similar to Shanta denim industry (20)

Principles of management
Principles of managementPrinciples of management
Principles of management
 
Performance management module 2 Kerala University
Performance management module 2 Kerala UniversityPerformance management module 2 Kerala University
Performance management module 2 Kerala University
 
Improve business practice by jaleto sunkemo
Improve business practice by jaleto sunkemoImprove business practice by jaleto sunkemo
Improve business practice by jaleto sunkemo
 
Improve business practice
Improve business practiceImprove business practice
Improve business practice
 
HRM- Unit 8 & 9.pptx
HRM- Unit 8 & 9.pptxHRM- Unit 8 & 9.pptx
HRM- Unit 8 & 9.pptx
 
Project on performance appraisal
Project on performance appraisalProject on performance appraisal
Project on performance appraisal
 
MBA IV SEM HR-PMC.pdf
MBA IV SEM HR-PMC.pdfMBA IV SEM HR-PMC.pdf
MBA IV SEM HR-PMC.pdf
 
certified HR staffing manager sample-material
certified HR staffing manager sample-materialcertified HR staffing manager sample-material
certified HR staffing manager sample-material
 
Tying employee performance to compensation in a high involvement organization
Tying employee performance to compensation in a high involvement organizationTying employee performance to compensation in a high involvement organization
Tying employee performance to compensation in a high involvement organization
 
Introduction to management
Introduction to managementIntroduction to management
Introduction to management
 
General method of teaching: Major areas of business education.
General method of teaching: Major areas of business education.General method of teaching: Major areas of business education.
General method of teaching: Major areas of business education.
 
Tm..mu0017
Tm..mu0017Tm..mu0017
Tm..mu0017
 
27665965 performance-management
27665965 performance-management27665965 performance-management
27665965 performance-management
 
27665965 performance-management
27665965 performance-management27665965 performance-management
27665965 performance-management
 
Chap05
Chap05Chap05
Chap05
 
Chap05
Chap05Chap05
Chap05
 
Copy of [Original size] Blue Engineering Professional Presentation.pdf
Copy of [Original size] Blue Engineering Professional Presentation.pdfCopy of [Original size] Blue Engineering Professional Presentation.pdf
Copy of [Original size] Blue Engineering Professional Presentation.pdf
 
7 M's of Management
7 M's of Management7 M's of Management
7 M's of Management
 
HR AND OTHER POLICY
HR AND OTHER POLICYHR AND OTHER POLICY
HR AND OTHER POLICY
 
evaluation of performence appraisal INFINITY CREATIONS 2016
evaluation of performence appraisal INFINITY CREATIONS 2016evaluation of performence appraisal INFINITY CREATIONS 2016
evaluation of performence appraisal INFINITY CREATIONS 2016
 

More from Pacific Cotton

Industrial garments washing.docx
Industrial garments washing.docxIndustrial garments washing.docx
Industrial garments washing.docxPacific Cotton
 
Analyses of the Marketing Strategies of "Time Zone" product category
Analyses of the Marketing Strategies of "Time Zone" product categoryAnalyses of the Marketing Strategies of "Time Zone" product category
Analyses of the Marketing Strategies of "Time Zone" product categoryPacific Cotton
 
CSR jersey presentation.pptx
CSR jersey presentation.pptxCSR jersey presentation.pptx
CSR jersey presentation.pptxPacific Cotton
 
An presentation on marketing Strategy of a new Clothing Brand (consumer behav...
An presentation on marketing Strategy of a new Clothing Brand (consumer behav...An presentation on marketing Strategy of a new Clothing Brand (consumer behav...
An presentation on marketing Strategy of a new Clothing Brand (consumer behav...Pacific Cotton
 
Executive summary of production and productivity
Executive summary of production and productivityExecutive summary of production and productivity
Executive summary of production and productivityPacific Cotton
 
Button attaching machine
Button attaching machineButton attaching machine
Button attaching machinePacific Cotton
 
Garments production system
Garments production systemGarments production system
Garments production systemPacific Cotton
 
Different part of sewing machine
Different part of sewing machineDifferent part of sewing machine
Different part of sewing machinePacific Cotton
 
Study on differents types of sewing machine
Study on differents types of sewing machineStudy on differents types of sewing machine
Study on differents types of sewing machinePacific Cotton
 
Study on different types of brands of Product
Study on different types of brands of ProductStudy on different types of brands of Product
Study on different types of brands of ProductPacific Cotton
 
study on threading and bobbin winding
study on threading and bobbin windingstudy on threading and bobbin winding
study on threading and bobbin windingPacific Cotton
 
Presentation on Beximco Textile industry, Gazipur, Dhaka
Presentation on Beximco Textile industry, Gazipur, DhakaPresentation on Beximco Textile industry, Gazipur, Dhaka
Presentation on Beximco Textile industry, Gazipur, DhakaPacific Cotton
 

More from Pacific Cotton (15)

Industrial garments washing.docx
Industrial garments washing.docxIndustrial garments washing.docx
Industrial garments washing.docx
 
Analyses of the Marketing Strategies of "Time Zone" product category
Analyses of the Marketing Strategies of "Time Zone" product categoryAnalyses of the Marketing Strategies of "Time Zone" product category
Analyses of the Marketing Strategies of "Time Zone" product category
 
CSR jersey presentation.pptx
CSR jersey presentation.pptxCSR jersey presentation.pptx
CSR jersey presentation.pptx
 
An presentation on marketing Strategy of a new Clothing Brand (consumer behav...
An presentation on marketing Strategy of a new Clothing Brand (consumer behav...An presentation on marketing Strategy of a new Clothing Brand (consumer behav...
An presentation on marketing Strategy of a new Clothing Brand (consumer behav...
 
Executive summary of production and productivity
Executive summary of production and productivityExecutive summary of production and productivity
Executive summary of production and productivity
 
Button attaching machine
Button attaching machineButton attaching machine
Button attaching machine
 
Garments production system
Garments production systemGarments production system
Garments production system
 
Calvinn klein
Calvinn kleinCalvinn klein
Calvinn klein
 
Different part of sewing machine
Different part of sewing machineDifferent part of sewing machine
Different part of sewing machine
 
Study on differents types of sewing machine
Study on differents types of sewing machineStudy on differents types of sewing machine
Study on differents types of sewing machine
 
Study on different types of brands of Product
Study on different types of brands of ProductStudy on different types of brands of Product
Study on different types of brands of Product
 
Block printing
Block printingBlock printing
Block printing
 
study on threading and bobbin winding
study on threading and bobbin windingstudy on threading and bobbin winding
study on threading and bobbin winding
 
Quality control
Quality control Quality control
Quality control
 
Presentation on Beximco Textile industry, Gazipur, Dhaka
Presentation on Beximco Textile industry, Gazipur, DhakaPresentation on Beximco Textile industry, Gazipur, Dhaka
Presentation on Beximco Textile industry, Gazipur, Dhaka
 

Recently uploaded

Dubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls DubaiDubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls Dubaihf8803863
 
Amazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptx
Amazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptxAmazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptx
Amazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptxAbdelrhman abooda
 
RadioAdProWritingCinderellabyButleri.pdf
RadioAdProWritingCinderellabyButleri.pdfRadioAdProWritingCinderellabyButleri.pdf
RadioAdProWritingCinderellabyButleri.pdfgstagge
 
办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一F La
 
Predicting Salary Using Data Science: A Comprehensive Analysis.pdf
Predicting Salary Using Data Science: A Comprehensive Analysis.pdfPredicting Salary Using Data Science: A Comprehensive Analysis.pdf
Predicting Salary Using Data Science: A Comprehensive Analysis.pdfBoston Institute of Analytics
 
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理e4aez8ss
 
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort servicejennyeacort
 
Industrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdfIndustrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdfLars Albertsson
 
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改yuu sss
 
B2 Creative Industry Response Evaluation.docx
B2 Creative Industry Response Evaluation.docxB2 Creative Industry Response Evaluation.docx
B2 Creative Industry Response Evaluation.docxStephen266013
 
DBA Basics: Getting Started with Performance Tuning.pdf
DBA Basics: Getting Started with Performance Tuning.pdfDBA Basics: Getting Started with Performance Tuning.pdf
DBA Basics: Getting Started with Performance Tuning.pdfJohn Sterrett
 
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptdokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptSonatrach
 
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...Boston Institute of Analytics
 
GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]📊 Markus Baersch
 
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptxNLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptxBoston Institute of Analytics
 
Generative AI for Social Good at Open Data Science East 2024
Generative AI for Social Good at Open Data Science East 2024Generative AI for Social Good at Open Data Science East 2024
Generative AI for Social Good at Open Data Science East 2024Colleen Farrelly
 
From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...Florian Roscheck
 
20240419 - Measurecamp Amsterdam - SAM.pdf
20240419 - Measurecamp Amsterdam - SAM.pdf20240419 - Measurecamp Amsterdam - SAM.pdf
20240419 - Measurecamp Amsterdam - SAM.pdfHuman37
 

Recently uploaded (20)

Dubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls DubaiDubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
 
E-Commerce Order PredictionShraddha Kamble.pptx
E-Commerce Order PredictionShraddha Kamble.pptxE-Commerce Order PredictionShraddha Kamble.pptx
E-Commerce Order PredictionShraddha Kamble.pptx
 
Amazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptx
Amazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptxAmazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptx
Amazon TQM (2) Amazon TQM (2)Amazon TQM (2).pptx
 
RadioAdProWritingCinderellabyButleri.pdf
RadioAdProWritingCinderellabyButleri.pdfRadioAdProWritingCinderellabyButleri.pdf
RadioAdProWritingCinderellabyButleri.pdf
 
办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
办理(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
 
Predicting Salary Using Data Science: A Comprehensive Analysis.pdf
Predicting Salary Using Data Science: A Comprehensive Analysis.pdfPredicting Salary Using Data Science: A Comprehensive Analysis.pdf
Predicting Salary Using Data Science: A Comprehensive Analysis.pdf
 
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
科罗拉多大学波尔得分校毕业证学位证成绩单-可办理
 
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
9711147426✨Call In girls Gurgaon Sector 31. SCO 25 escort service
 
Industrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdfIndustrialised data - the key to AI success.pdf
Industrialised data - the key to AI success.pdf
 
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
 
B2 Creative Industry Response Evaluation.docx
B2 Creative Industry Response Evaluation.docxB2 Creative Industry Response Evaluation.docx
B2 Creative Industry Response Evaluation.docx
 
DBA Basics: Getting Started with Performance Tuning.pdf
DBA Basics: Getting Started with Performance Tuning.pdfDBA Basics: Getting Started with Performance Tuning.pdf
DBA Basics: Getting Started with Performance Tuning.pdf
 
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptdokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
 
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...
 
GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]GA4 Without Cookies [Measure Camp AMS]
GA4 Without Cookies [Measure Camp AMS]
 
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptxNLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
NLP Project PPT: Flipkart Product Reviews through NLP Data Science.pptx
 
Generative AI for Social Good at Open Data Science East 2024
Generative AI for Social Good at Open Data Science East 2024Generative AI for Social Good at Open Data Science East 2024
Generative AI for Social Good at Open Data Science East 2024
 
From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...
 
20240419 - Measurecamp Amsterdam - SAM.pdf
20240419 - Measurecamp Amsterdam - SAM.pdf20240419 - Measurecamp Amsterdam - SAM.pdf
20240419 - Measurecamp Amsterdam - SAM.pdf
 
Call Girls in Saket 99530🔝 56974 Escort Service
Call Girls in Saket 99530🔝 56974 Escort ServiceCall Girls in Saket 99530🔝 56974 Escort Service
Call Girls in Saket 99530🔝 56974 Escort Service
 

Shanta denim industry

  • 1. Batch 191 AMM Section: 01 Assignment on: Shanta Denim Industry
  • 2. Introduction: Our assignment topic is RMG (ready-made garments) industry. This study attempts to explore the theory of organization, planning, staffing, controlling and how to practice those on a RMG industry. The comparison between theory and general practices. We have chosen a garment, the name of this garment is Shanta Denims Limited (DEWHIEST). The RMG industry is the only multi-billion-dollar manufacturing and export industry in Bangladesh. Whereas the industry contributed only 0.001 percent to the country’s total export earnings in 1976, its share increased to about 75 percent of those earning in 2005. Bangladesh exported garments worth the equivalent of $6.9 billion in 2005, which was about 2.5 percent of the global total value ($276 billion) of garment exports. The country’s RMG industry grew by more than 15 present annum on average during the last 15 years. Currently, there are more than 4000 RMG firms in Bangladesh. So, there are many successfulstory in this sector. Behind the all those success management play the big role. Without follow a properstrategy of management this sector can’t grow up. Theoretical Background: Planning definition: Planning is the fundamental management function, which involves deciding hand, what is to be done, when is to be done, how it is to be done & who is going to do it. Objective of planning:  Reduce business related risks.  Give right decision.  Keep good control.  Gives right direction.  Helps to achieve objective.  Motivate the personnel.  Helps in decision making.  Aids in organising. Steps involved in planning: Analyzing opportunities Setting objective Developing premises
  • 3. Identifying alternative Evaluating alternative Selecting alternative Implementing action plan Reviewing Types of plan: 1. Breadth 2. Time frame 3. Specificity 4. Frequency of use. 1. Breadth. Strategic planning: Strategic planning is the art of creating specific business strategies, implementing them, and evaluating the results of executing the plan, in regard to a company’s overall long-term goals or desires. Operational planning: An operation plan is an extremely detail-oriented plan that clearly defines how a team or department contributes to reaching company goals. Time frame: Short term Planning: Short term planning is the planning which covers less than two years. It must be formulated in a manner consistent with long-term plans. Long-Term Planning: Long-term planning usually converse a period of more than five years, mostly between five and fifteen years. 2. Specificity:
  • 4.  Specific planning: Specific Plan that are clearly defined & leave no room for interpretation.  Directional planning: Directional plans are the flexible plans that set out general guidelines. 3. Frequency of use : Single Use Plan: Single use plan is one, which sets a courseof action for a particular set ofcircumstances and is used up once the particular goal is achieved. Standing Plan: Standing plan is one, which is designed to be used over and over again. Objectives, policies procedures, methods, rules and strategies are included in standing plans. Definition of Organizing: Organising is the process establishment of effective authority relationship among selected work, persons & work places in order for the group to work efficiently. Importance of Organising:  Clarity in working relationship.  Effective administration  Expansion & growth  Benefits of specialization  Optimum utilization of resources  Development of personnel. Formal Organization: A formal organization is an organization with a fixed set of rules of intra- organization procedures and structures. As such, it is usually set out in writing, with a language of rules that ostensibly leave little discretion for interpretation. Informal Organization: Informal organization, the manner in which an organization operates in reality, as opposed to its formal distribution of roles and responsibilities. Steps involved in the Organizing process:
  • 5. Narrow spans of control: Advantages:  Higher degree of control.  Manage is more familiar with individuals  Close supervision can provide immediate feedback. Disadvantages:  More management level, more expensive.  Slower decision making.  Isolation of to management. And Discourses employee autonomy.
  • 6. Wide span of control : Figure 2: organization with wide spans Advantages:  Increased efficiency and reduced costs.  Quicker decision making.  Greater flexibility.  Higher levels of job satisfaction. Disadvantages:  Less control.  Possible lack of familiarity  Managers spread thin.  Lack of coordination or synchronization. Staffing definition: Stuffing is the process ofhiring eligible candidates in the organization or company for specific positions. In management, the meaning of stuffing is an operation of recruiting employees by evaluating their skills, knowledge & then offering them specific job roles accordingly.
  • 7. Importance of stuffing:  Helps in discovering & obtaining competent employees of various job.  Improve the quantity & quality of output by putting the right man for right job.  Improved job satisfaction of employees.  Reduces of cost of personnel by avoiding wastage of human resource.  To understand issue related to job analysis and overcome the problem. Steps involved in staffing process:  Manpower planning  Recruitment  Selection  Placement  Training  Development  Promotion  Transfer  Appraisal  Determination of remuneration 1. Manpower Planning Manpower planning can be regarded as the quantitative and qualitative measurement of labour force required in an enterprise. Therefore, in an overall sense, the planning process involves the synergy in creating and evaluating the manpower inventory and as well as in developing the required talents among the employees selected for promotion advancement 2. Recruitment Recruitment is a process of searching for prospective employees and stimulating them to apply for jobs in the organization. It stands forfinding the sourcefromwhere potential employees will be selected 3. Selection The purposeof this selection processis to determine whether a candidate is suitable for employment in the organization or not. Therefore, the main aim of the processof
  • 8. selection is selecting the right candidates to fill various positions in the organization. A well-planned selection procedure is of utmost importance. 4. Placement Placement means putting the person on the job for which he is selected. It includes introducing the employee to his job. 5. Training After selection of an employee, the important part of the programmed is to provide training to the new employee. With the various technological changes, the need for training employees is being increased to keep the employees in touch with the various new developments. 6. Development A sound staffing policy provides for the introduction of a system of planned promotion in every organization. If employees are not at all having suitable opportunities for their development and promotion, they get frustrated which affect their work. 7. Promotions The process of promotion implies the up-gradation of an employee to a higher post involving increasing rank, prestige and responsibilities. Generally, the promotion is linked to increment in wages and incentives but it is not essential that it always relates to that part of an organization. 8. Transfer Transfermeans the movement of an employee from onejob to another without increment in pay, status or responsibilities. Therefore this process of staffing needs to evaluated on a timely basis. 9. Appraisal Appraisal ofemployees as to how efficiently the subordinateis performing a job and also to know his aptitudes and other qualities necessary for performing the job assigned to him.
  • 9. 10. Determination of Remuneration This is the last process which is very crucial as it involves in determining remuneration which is one of the most difficult functions of the personnel department because there are no definite or exact means to determine correct wages. Definition of control: Controlling is determining what is being accomplished thatis evaluating the performance and, if necessary, applying corrected measures so that the performance takes place according to plans.” In Terry’s view, controlling helps in properimplementing of plans. Importance of Controlling:  Accomplishing organizational goals.  Judging accuracy of standards.  Making efficient use of resources.  Improving employee motivation.  Ensuring order & discipline.  Facilitating coordination inaction. Controlling Process
  • 10. Types of control Techniques:  Budgetary control.  Standard costing.  Financial ratio analysis.  Break – Even analysis  Statistical control Budgetary Control Budgeting simply means showcasing plans and expected results using numerical information. As a corollary to this, budgetary control means controlling regular operations of an organization for executing budgets. A budget basically helps in understanding and expressing expected results of projects and tasks in numerical form. For example, the amounts of sales, production output, machine hours, etc. can be seen in budgets. Standard Costing Standard costing is similar to budgeting in the way that it relies on numerical figures. The difference between the two, however, is that standard costing relies on standard and regular/recurring costs. Under this technique, managers record their costs and expenses for every activity and comparethem with standard costs.This controlling technique basically helps in realizing which activity is profitable and which one is not. Financial Ratio Analysis Every business organization has to depict its financial performances using reports like balance sheets and profit & loss statements. Financial ratio analysis basically compares these financial reports to show the financial performance of a business in numerical terms. Comparative studies of financial statements showcase standards like changes in assets, liabilities, capital, profits, etc. Financial ratio analysis also helps in understanding the liquidity and solvency status of a business.
  • 11. Internal Audit Another popular traditional type of control technique is internal auditing. This process requires internal auditors to appraise themselves of the operations of an organization. Generally, the scope of an internal audit is narrow and it relates to financial and accounting activities. In moderntimes, however, managers useit to regulate several other tasks. Break-Even Analysis Break-even analysis shows the point at which a business neither earns profits nor incurs losses. This can be in the form of sale output, productionvolume, the price of products, etc. Statistical Control The useofstatistical tools is a great way to understand an organization’s tasks effectively and efficiently. They help in showing averages, percentages, and ratios using comprehensible graphs and charts. Managers often use pie charts and graphs to depict their sales, production, profits, productivity, etc. Such tools have always been popular traditional control techniques. Profile of DEWHIEST
  • 12. Practices Organization: According to organogram we see that DEWHIRST follow the narrow spans. The narrow span of management allows the manager more time per subordinate supervised. This can improve the quality of decision making. Dewhirst Organogram: How to do planning: Top management are directy involved when take any decision. After apply it top management discuse with his subordinates and workers. All time they give priority SWOT analysis. Every plan has extremely detail-oriented plan that clearly defines how a team or department contributes to reaching company goals that means operational planning. Its help them easily reach to goal. Some process of planning:  Utilize full production capacity  Right product input right line  Meet customer given delivery date  Execute garments manufacturing process and give feedback to top
  • 13. Staffing:Written and oral examinations are taken during recruitment. In case of higher lavel employees. Lower level employees are recruited on the basis of aptitude. For promotion is given on the basis of age and qualifications of the job. There are around 5000 workers here. The staffing process are: 1. Manpower Planning 2. Recruitment 3. Selection 4. Placement , 5. Training 6. Development 7. Promotion 8. Transfer , 9. Appraisal 10. Determination of Remuneration Controling: If there is no work according to the plannig, it is found out where mistake has been made. What is the purposeofthe mistake. If there is a problem for any spacific person, he is given prewarning. Comparison between theoretical background and practices: Organization: There are two types of span of controls as Narrow spanand wide span. Narrow Span Wide Span The firm with narrow span of control has less number of subordinates reporting directly to the manager. The firm with wide span of control has more number of subordinates reporting directly to the manager. The firm with narrow span ten to have narrow structures i.e. more levels of management. The firm with narrow span ten to have wide structures i.e. fewer levels of management.
  • 14. It allows less employee autonomy in decision making as compared to wide span of control. It allows more employee autonomy in decision making. Thus, it results into better employee morale and increased motivation. It is appropriate to handle unstructured and highly technical tasks. It is appropriate to handle structured and routine tasks. Planning: Your strategic plan outlines long-term goals for the next three to five years. What you’ll be doing to achieve those goals in the shorter term (typically the next fiscal year) is outlined in your operational plan. The goal of your strategic plan is to outline the company’s long-term vision and how all departments should work together to achieve it. The goal of your operational plan isn’t company focused it is department focused. There can be overlap between departments, but that’s the exception rather than the rule. Large departments may require multiple operational plans. Staffing: The Company follow the staffing process propertyfor management label. But this process is not accepted in the worker label Controlling: According to my uncle each department is controlled by its head. And QC department checks the value of the product. Conclusion: We have benefited a lot through this assignment. Only after theory did we realize by assigning a subject that cannot be fully learned. I learned how to organize, plan, staff, control in RMG sector. I learned a lot more about management. Due to their propermanagement, employees work self-motivated, so that their daily target is filled up every day. By doing this we understand that properuse in management is very important in every organization.
  • 15. Reference: 1. https://www.yourarticallibrary.com 2. https://www.topper.com 3. https://kalyan.blogspot.com 4. https://slideshare.com 5. https://thefactfactor.com 6. https://yourbusiness.com 7. https://azcentral.com 8. https://www.learncbse.in 9. https://www.britannica.com Thank you