Crescent Bahuman Limited" is a value driver company with the aspiration to establish itself as a well renowned global denim brand founded in 1995, CBL is recognized as the First fully integrated Denim plant in Pakistan.
1. 1
ABOUT
Crescent Bahuman Limited" is a value driver
company with aspiration to establish itself as a well
renowned global denim brand founded in 1995,
CBL is recognized as the First fully integrated
Denim plant in Pakistan.
Presented To: Miss Khalida Naseem
Presented By:
Qamber Ali
BBA (Hones)
Reg. No: 2172034
Presentation Date: 04-01-2018
National College of Business Administration & Economics, Lahore
(Purposed metropolitan university)
Address: Main Campus 40/E-1 Gulburg-III, Lahore, Pakistan
Contact No: 042-5376247, www.ncbae.edu.pk
2. 2
Table of Contents
ACKNOWLEDGEMENT:………………………………….………………..……………………….…1
OBJECTIVE OF MY PROJECT:………………………………….…………………………..2
Chapter # 1
INTRODUCTION:…………………………………………………………………………………………………..3
Introduction of CBL:……………………………………………………………………………………..…..3
Mission:………………………………………………………………………………………………………………………..4
Awards:………………………………………………………………………………..…………………………….………..4
Chapter # 2
CBL ORGANOGRAM:………………………………………………………………………………………...5
Departmentalization:…………………………………………………………………………………….….5
Zone Wise:……………………………………………………………………………………………………………….…..6
Authority Distribution:……………………………………………………………………………………………….…7
Chapter # 3
MANAGEMENT INFORMATION SYSTEMS (MIS):……………………………………………………8
Management Information Systems of CBL:……………………………………………………….8
Flow of Information:………………………………………………………………………………….……10
Pay Roll System:……………………………………………………………………………………………..11
Chapter # 4
CBL STATUS IN MARKET:………………………………………………………………………………..…..12
Core Competencies:……………………………………………………………………………………..…12
Competitors:…………………………………………………………………………………………..………12
Customers:……………………………………………………………………………………………………..13
Chapter # 5
PRODUCTS & BRANDS:…………………………………………………………………………………..……14
Chapter # 6
FINANCIAL ANALYSIS:…………………………………………………………………………………….…..15
Weakness:…………………………………………………………………………………………………..…..15
4. 4
ACKNOWLEDGEMENT
First of all I would like to thanks Allah Almighty Who, is most merciful and most
beneficent.
Then I will thank to Miss Khalida Naseem for their motivation and appreciation to get
knowledge, to increase our creative, and analytical skills. And give us a chance to get
knowledge and to understand the difference between bookish and actual existence of
management rules, policies, and Implementation of Management Information Systems (MIS)
in organization by giving a Project.
And I also thank to Crescent Bahuman Private Limited(CBL) Team for their cooperation
especially, Sir Salman (Textile Dept.), Sir Usman (HR Dept.), Sir Sagheer (WP Dept.), Sir
M.Aslam (Marketing Dept.), Sir Ali Murtza (HR Dept.), Miss Attia Safdar ( HR Dept.) and
other respectable.
At the end I would like to thanks Career Development and Alumni Recourse Center
(CD&ARC) of NCBA&E. The letter issued by CD&ARC was major supporting material in
approaching to Organization.
5. 5
OBJECTIVE OF MY PROJECT
The objective of my study is to know the implementation of Management Information
Systems (MIS) in the Organization. The major purpose of this project is to know the
difference between the bookish knowledge and actually existing functionality of Management
Information Systems (MIS) in the Organization.
The company that I selected for my Project (Implementation of MIS in Organization) is
Crescent Bahumn Limited.
6. 6
Chapter # 1
INTRODUCTION
Introduction of CBL:
The "Crescent Group" has ascertained an outstanding reputation in Pakistan business
community with over 60 years of
experience in diversified business in the
textile, sugar, banking, insurance, food,
agriculture and steel sectors.
Falling under the "Crescent Group's" vast
umbrella "Crescent Bahuman Limited" is a
value driver company with aspiration to
establish itself as a well renowned global
denim brand founded in 1995, CBL is recognized as the First fully vertically integrated
Denim company in Pakistan. The company has pioneered the local denim industry by
advocating & promoting concepts of tolerance and compliance to its people, subsequently.
Crescent Bahuman" has established strong corporate values for the betterment of nearly 8000
employees and Community while ensuring an environmental friendly manufacturing process.
Firm’s core business consists of exporting high quality fabric and Jeans wear to the
European. US. Australian and Asian pacific regions. Through the use of high-tech equipment
and modern techniques, the company is able to coop up the latest trends without
compromising on quality. This equips him
to be the preferred choice of world's top
denim brands.
CBL has his own Power Plant that gives the
ability to control and maintain an
uninterrupted power supply. Emission
analysis carried out annually to monitor the
system. "CBL" is dedicated to invest in both; the employee’s professional skills and personal
development.
7. 7
CBL offers to his employees a tailored mix of on and off-the-job training. Besides providing
internal training programs, employees are sent to the external training sessions arranged by
different institutions.
The firm is the first textile company in Pakistan to
implement Six-Sigma business philosophy and get his
employees trained as black belts in various functional
areas.
Mission:
To be a role model in the business world; to create
opportunities in the economy and to optimize the value of our stake holders
Awards:
CBL complies with the following quality, Environmental and social standards:
GUTS / OE
NEU
WORLD BANK STANDARDS
OEKO TEX
TOE/COC (Social er. Environmental standards) for different customers
CSR (National excellence award 2010)
NPER (excellence award 2010)
11. 11
Chapter # 3
MANAGEMENT INFORMATION SYSTEMS (MIS)
Management Information Systems (MIS) not only include software systems, but the
entire set of business processes and resources that are used to pull together information from
functional or tactical systems. Data is then presented in a user-friendly and timely manner so
that mid and upper-level managers can use it to take the right actions. The entire system is
designed so that the company will meet its strategic and tactical goals.
Organizations have multiple functional systems. These usually include sales systems, call
center systems, financial systems, inventory systems, logistic systems and more. MIS
combines information from multiple systems. This helps management staffers better
understand their own departments' contributions. In many cases, the combination of data,
such as sales figures combined with available inventory, help the manager take the
appropriate action in order to meet the customer's needs.
Management Information Systems of CBL:
The Management Information Systems which is used in CBL is known as Enterprise
Resource Planning (ERP).
Enterprise Resource Planning (ERP) is the finest expression of the inseparability of business
and information technology. ERP can help business enterprises gain a competitive advantage
by integrating all business processes and optimizing available resources.
Typically, ERP systems include, Financials, Supply Chain Management (Procurement,
Inventory and Stores Management, Sales and Distribution, etc.), Manufacturing, Plant
Maintenance, Human Capital Management (Human Resources, Payroll, Benevolent Funds,
etc.), Project Management Systems, which work with each other in an integrated systems
environment. It is not possible to think of an ERP system without a sophisticated information
technology infrastructure.
12. 12
E.R.P
TukaTech
H.R.I.S
P.I.S
In CBL ERP system is combination of three different software namely Purchasing
Information Systems (PIS), Human Resources Information Systems (HRIS), and Tukatech
which are posturized blow in Fig.
P.I.S is used by Production ant their supporting Departments, H.R.I.S is used by H.R
Department, and TukaTech is used Textile (CAD) Department for Jeans designing. About 4-5
years ago Gurber was used by the firm fir designing instead of TukaTech, then they switched
to TukaTech because it saves extra 2% yarn then Gurber.
13. 13
Flow of Information:
In the subjected Firm the flow of information (in CBL known as package of hard and
soft data) is in following way:
In CBL orders are placed at Marketing Dept., then Marketing Dept. sends to Textile
(in textile dept. information flows from Cotton>Fabric>Spinning>Weaving dept.) and
Finance Dept. for invoice and financial record. Finance Dept. sends it to Supply Chain dept.
After Textile dept. package is passed on to Apparel Dept. (Cutting >CAD > Sewing>GWP >
Packaging), and then at the final stage product is shipped to the customer and delivery report
with package is sent to Supply Chain Dept. And again to Marketing Dept.
And supply Chain Department also oversees all activities within, outside the organization like
production process, order placing, customers, supplier’s, and vender’s activities etc.
Marketing
Dept.
Textile Dept.
•Cotten
•Fabric
•Spinning
•Weving
Apperal Dept.
• Cutting
• CAD
• Sweing
• GWP
• Packaging
Shipping
Finance Dept.
Invoice
Financial
Dept.
Supply Chain
Deprt.
14. 14
Pay Roll System:
Recruitment Dept. conducts interviews and sign ups candidate data like name, age,
address, father name, qualification, post, department, salary, and etc. with batch no. and
refers this data to Pay Roll Dept. (HR). P.R Dept. applies further processes for example
issues code no and makes a folder with reference no of the candidate for his identification
within the firm.
After this P.R (HR) sends this data to P.R (Finance) for further formalities. Then the receiver
Dept. creates their accounts against their Name and reference no which was issued by P.R
(HR) Dept. and sends its information to Financial Dept. and to the candidate.
15. 15
Chapter # 4
CBL STATUS IN MARKET
The company has pioneered the local denim industry by advocating & promoting
concepts of tolerance and compliance to its people, subsequently.
Core Competencies:
There are some core competencies which are given blow:
First Mover Edge
Product Quality
Latest Technology
Target Oriented
Has its Own Investment
Proper Distribution of work &
time
Competitors:
Cotton Comfort (Pvt) Ltd.
3 km., Rohi Nala, Link 22 km, Ferozepur
Road, Lahore
Tele: (92 42) 35260651, 35260652
Mobile: 0321-4427383
Fax: (92 42) 35260650
Genius Garments
82/1B, Phase-II, 2nd Floor, Karim
Cntr.A.Haroon Rd.Saddar, Karachi
Tele: (92 21) 35678353, 35030333
Mobile: 0300-2114100
Jeans Junction
33-Commercial Zone, Karim Block,
Allama Iqbal Town, Lahore
Tele: (92 42) 35437517, 35422878
M.A.S.H. International
Suit # 13, 8th Fl.Arkay Square, New
Challi Shahrah-e-Liaquat, Karachi
Tele: (92 21) 32431665, 32413376
Mobile: 0320-4046335
Fax: (92 21) 32428241
Miami Jeans (Pvt) Ltd.
12-Azim Plaza, Karim Block, Allama
Iqbal Town, Lahore
Tele: (92 42) 35417178
Fax: (92 42) 35417178
17. 17
Chapter # 5
PRODUCTS & BRANDS
In CBL there are about 18 major brands. Few most famous brands name are given blow:
CBL also establish a broad range of fabrics which covers all sectors in the garment
need for denim. CBL produce fabrics from 6-0z/yd2 to 16-0z/yd2 in different colors er.
Character options. The color spectrum varies from very dark indigo to light blues, dark black
to grey, and blends of blue & green. Firm also produce an exclusive range of stretch products
with different stretch ability and fiber options like Spandex/Lycra. 1-400 and XLA. And in
others there are Jeans, Shirt, Upper of jeans, T- Shirts (on demand), and Express.
18. 18
Chapter # 6
FINANCIAL ANALYSIS
Year 2012 2013 2014 2015 2016
Sales - net 4,973,370 5,730,397 8,712,218 10,750,512 10,863,386
Cost of goods sold 4,449,177 5,200,908 7,878,459 9,175,562 9,406,606
Gross profit 524,193 529,489 833,759 1,574,950 1,456,780
Account receivable
turnover
4.9587 4.554727 4.136255 4.195571 4.21078
Account receivable
turnover in days
73.6077 80.13654 88.24408 86.9965 86.68235
Cash Ratio 0.0137211 0.0018998 0.0015641 0.00326077 0.00273163
Weakness:
Account receivable turnover shows the liquidity of receivables, it shows decreasing
trend which is negative sign for the company. The account receivable turnover in days has an
increasing trend which shows that company this is also a negative sign for the company.
The company has negative working capital which represent that the fixes asset of the
company is financed by current liabilities. The cash ratio of the company is very small that
represent that company’s short term debt ability is very low. The cash ratio of the company is
very small that represent that company’s short term debt ability is very low.
There is communication gap between management and workers, in fact workers are not loyal
toward the firm. The workers and lower management employees are not properly trained and
guide. And their salary packages are not attractive.
Strengths:
The organization is completely independent manufacturing firm; it takes cotton as input
and gives output in the form of garments, fabric, and yarn. Quality is the main factor for the
success of any organization. That’s why CBL is ISO 9001 certified company for his quality
19. 19
products. CBL is having its own power generation plant. So can’t be affected by energy crisis
faced by the industry now days.
CBL enjoys first movers in that industry. So is much developed and well reputed in the
industry internationally. LEVI STRAUSS is the most renounced brand of jeans, and CBL is
the biggest manufacturer of LEVI STRAUSS in Pakistan yet. The industry is quiet expensive
to enter for any new comer, especially in the current scenario of economic and energy crisis.
Chapter # 7
CONCLUSION & RECOMMENDATION
Recommendation:
It is finally concluded that CBL management is working in a more focused and formalized
manner. However, to achieve their objectives successfully on the International standards, the
following suggestions are offered:
The CBL should also take interest in the local marketing to increase the profit.
The company must decrease the finance cost, so That it increase its net income.
The company must decrease the short term borrowing from the bank because it
charges high interest.
The company must make the process of collecting receivable quick so that it has
enough cash to pay its short term liability as it come due.
As the turnover rate is very high, the management should look for the reasons and
take effective steps to overcome the causes and not only the symptoms.
The company must make his account receivable collection policies good enough so
that it collects it trade debts.
Employee’s loyalty could be capture with the help of 4-Drive Theory (2002), Harvard
Business Review by Nohria et al.
Conclusion:
The Crescent Bahumam Limited is on the way of progress. It has been earning profit for the
last five years. The management is professionally qualified and experienced.
The Crescent Textile Mills should motivate their employees by providing different
incentives. Their salary package is also not attractive.
20. 20
CBL product is of high quality. The demand of CBL’s products is increasing with the passage
of time. The company is expanding its capacity to satisfy the demands of their customers.
Management of the company is trying to improve more and more to earn profit and improve
the economy of the Pakistan.
In last I conclude from the financial analysis of the company, which the company has to face
difficult time due to economic condition of our country but in recent two year the company
began to earn high profit from export.
4-DRIVE THEORY: