Overview of Walton Group of Company.

1. Presentation on
The full structure of an organization
Course tittle – Strategic Management
Course code:4202
Course Representative:
Faria Islam Oridi
Assistant professor.
Department of Human Resource Management
Islamic University ,Bangladesh.

2. Presented by:
Al Asouad -1832011
Al Zeedhad Emon-1832036
Mehedi Hasan -18320
Shohel Rana-18320
Ahammed Nayem-1832017
Md.Shohidulllah-1832002
Rabeya bosri-1832049
Umme Habiba-1832056
Tonninahar Nipa-1832063
Tanjila khatun-1832070
Raihana Tasnim Yaa-1832077

3. Welcome to our presentation
An overview of

4. Our History
Business started since 1977 and early
2008 WHIPLC started manufacturing
of Refrigerator, Freezer, Air
Conditioner, Compressor and now
onward expanding its operation in
Television, Home & Electrical
Appliances. Walton & Marcel have
become the most trusted and prestigious
Brand in the E&E industry in
Bangladesh through its strong
manufacturing base, quality products,
competitive price, extensive market
coverage and last but not the least, the
prompt after sales services. As a result,
within a very short period of time, both
the Brands have captured substantial
market share and positioned itself as the
most dominant performer in the E&E
sector in Bangladesh. Product portfolio
of WHIPLC includes Refrigerator
(Frost & Non-Frost), Freezer, Air
Conditioner, Compressor and
Television.

5. Product Line
Walton is the pioneer of developing state
of the art designs and modern technology
having leading market share specializing
in Multi-Stored Refrigerators, Freezers,
Air Conditioners, LED/ LCD televisions,
Motorcycles, Smart Phones and Home
Appliances.

6. Our Vision
Aspiring to be bold leader among the top
5 global E&E brands
Our Mission
Responding to the ever changing
consumer and market demands through
responsible innovative brilliance and
recognized quality standards.

7. Objectives of Walton Company
 Walton has been established to provide high-quality goods and services at
affordable prices. Walton has a dual purpose.
 To receive an economic return on it’s investment.
 Contribute to the economic development of Bangladesh where
technology can play a critical role.
 The company has developed its strategies so that it earns healthy returns
and at the same time contributes to development of the country.
 Its is the way to get a total uprising in the electronic field.

8. Strength
1.Wider product range.
2.Quality product at low price.
3.Using advanced high technology.
Weakness
1.Lack of skilled man power
2.Shortage of accessories .
3.Customer service.
Opportunity
1.Increase of sales in major cities
2.Employeement opportunities.
3.Introduction of new products.
Threats
1.Unethical competition prevailing in the market
.
2.Political unrest.
3.Future possibilities.
SWOT
Analysis

9. Finance Department
The three basic functions of a finance department are as follows:
 Investment decisions
 Financial decisions
 Dividend decisions

10. Business financial strategies :
 Current financial position.
 Identifying any risks and current financial situation.
 Identifying the need for financing to fund expansions or operations.
 Identifying and setting income goals for the foreseeable future.
 Identifying sources to look into in order to increase income.
 Highlighting the need for new relationships or partnerships needed to achieve financial objectives.
 Establishing need to hire particular skills needed to attain the financial objectives set.
 Find the best balance between spending versus saving

11. Credit Department
Credit department is essential for managing the company's operations and extending credit to customers and
partners. Credit manager typically has the following general duties and responsibilities:
◾Credit Assessment
◾Credit Policies
◾Credit Limits
◾Credit Approvals
◾Collections
◾Credit Reporting
◾Risk Management
◾Credit Team management

12. Product
Diversific
ation
Brand
Visibility
Digital
Marketing
Quality
Assurance
Marketing
Department
Customer
Engagement
Market
Research
Affordable
Pricing
Retail
Presence

13. Audit Department:
Our audit department also helps our company to improve its internal controls
and financial reporting processes. We provide valuable assistance to the audit
department by helping with tasks such as:
◾Conducting analytical procedures.
◾Testing internal controls.
◾Evaluating accounting estimates.
◾Preparing audit reports.

14. ◾Identifying and reporting on any accounting irregularities or material misstatements in Walton's financial
statements.
◾Recommend improvements to Walton's accounting policies and procedures for inventory valuation,
revenue recognition, and expense recognition.
◾ Implementation of the new system and provided recommendations to improve the effectiveness.
◾Noted a number of customer complaints about product defects.
◾Investigated the complaints and recommended improvements to quality control procedures.

15. Production Department:
Our production info:
◾Largest and sophisticated manufacturing plant at
Chandra, Gazipur.
◾700 acres of factory area and the working space
5,000,000 sqf.
◾Total (direct and indirect) workforce 30000+ under 22
production bases.
◾Production capability 10 millions per year.
◾ 377+ home appliance with 2.7 million production
capacity.
◾Producing AC which gate 5.5 Star rating

16. Future plan:
◾Become world leading brand by 2030 through producing
technology product.
◾Producing electronic car and automobile product.
◾Eco friendly manufacturing and packaging.
◾Establishing 2nd production base of 300 acre at Chottogram and
create 15000 new job for people.
◾Increase compressor production capacity 4 million to 10 million by
2025.

17. Logistics Department

18. ◾We have more than 21,000 Sales Points and dealers across the country.
◾we ensure on-time delivery, smooth transactions, and circularization various promotional activities.
◾We are extremely adamant about the safety of our handling sensitive components.
◾Chemicals are handled with the “First In, First Out“ protocol. When the chemicals arrive at the
factory, the security in charge first ensures that everything is in order, and then the store-in-charge
unloads them by informing the appropriate person to ensure that the quantity matches the delivery
invoice.
◾ We make no compromises about raw materials to the mitigation of pollution and upkeep of a cautious
workplace.
◾We shoulder the responsibility of our top-class services in each door through maximum use of
technology with the ultimate goal to improve the daily lifestyle of general people.

19. Service Department
Walton Group of Companies is a conglomerate based in Bangladesh with diversified business interests,
including electronics, automobiles, mobile phones, and more. They have a service department to support
their products and provide after-sales services to customers. The specific responsibilities and services
offered by the service department may vary depending on the product divisions within the company, but
typically include:
 Product Repairs
 Warranty Support
 Customer Support
 Spare Parts Supply
 Technical Assistance
 Quality Control
 Software Updates
 Training and Development
 Feedback and Improvement

21. Human Resource Department:
Walton employees are the most valuable capital of the organization. It takes pride in being one of the largest and
preferred employers in Bangladesh.
◾Walton maintains 10000 direct and around 20000 indirect employees. They include engineers, technicians,
officers, employees and workers.
◾We have a sound structure on recruiting, training, remunerating and promoting our human resources to keep
operations effective and efficient.

22. Some of the benefits provide by Walton Company to employees:
1. Healthcare Benefits
2. Leave Policies
3. Flexible work Arrangement
4. Employee Assistant program
5. Wellness Program
6. Transportation
7. Criteria or Meal Subsidies
8. Childcare Support
9. Training and Development

23. Competitive Strategy:
◾Fast service delivery of WALTON makes the
company stand out from the competitors.
◾Uses best-in-class technologically to validate and
ensure all products innovations are designed around
people’s need and aspirations touching one’s life
every day.
◾The diversified product range.
◾WALTON has countrywide Retail Sales Outlets.
◾We have more than 40 Service Points with highly
skilled and efficient technical personnel.
◾CSR activities altogether makes the brand an
attractive destination for the consumers