GFC FAN

Company Profile:
GFC Fans is one of the largest manufacturers of quality electric fans in Pakistan. GFC, under the leadership of Mr. Mohammad Ilyas, its CEO, has also een the pioneer in the e!pert of electric fans from Pakistan. "tarting #ith its first commercial e!port in $%%&, #ith a modest quantity ' (alue, GFC is no# e!porting its products to the tune of )"* $+ million annually to more than &, countries in the -orld. GFC fans ecame an instant success due to their quality and dura ility in all the markets share these #ere introduced including countries in .sia, Middle East, .frica ' Europe. GFC ecame the first electric fan manufacturing company to #in E!port /rophy .#ard in Pakistan. 0o#, GFC has #on its $+th E!port /rophy .#ard. GFC also ecame the first e(er company in Pakistan that is certified y )1 2)nder#riter 1a oratories, )".3 to e!port fans in )". and Canada. It is also the first fan manufacturing company to e a#arded 45.06 OF 7E.5. -.56 in +,,8. GFC is also the pioneer in introducing latest technologies in fan manufacturing industry in Pakistan. /he Plant ' Machinery installed in GFC are at per those installed in manufacturing industries in technologically ad(anced countries like china, /ai#an, 9ietnam etc. :eeping in mind the acute po#er shortage in Pakistan and other de(eloping countries #here GFC Fans are sold, GFC has een concentrating on the production of energy sa(ing fans for the last t#enty years. "pecial ra# material for energy sa(ing fans eing used include electrical copper #ire 2produced at GFC;s o#n -ire 6ra#ing Plant since $%<83, high quality all earings fan lades made on most modern plants=machinery #ith highly qualified la our force. /he un>precedent success GFC ha(e achie(ed during the last &, years is eing recogni?ed as est quality fan manufacturer not only in Pakistan ut also in :ingdome of "audi .ra ia, "udan, 7emen, "enegal, 6@i outi, 4angladesh, Iraq, ).E, Cameroon and many other countries. /he GFC rand is also registered in many countries. GFC can take pride y the fact that many Chines Manufacturers are no# copying these models originally introduced y us like A0a eel;; Model. Models like the 0a eel Model ha(e recei(ed such international recognition, that no# other companies use the model name to market their copies. /here are some reports that some Chinese ' 4angladeshi manufacturers are also manufacturing fake GFC fans due to the popularity and high demands of our fans around the #orld. GFC fans are designed manufactured to gi(e hea(y duty ser(ice and long time performance and meet customers need in hot and humid climatic conditions not only in Pakistan ut also for many other countries. 6ue to their ser(ice, high quality long life in

difficult en(ironments, GFC ha(e ecome Popular in a (ery short time. In spite of achie(ing such phenomenal success, GFC;s organi?ation culture led y its directors, stresses on meeting ne# challenges and reaching ne# heights. /he 6irectors of GFC Fans are highly qualified and moti(ated to lead the company. Mr. Mohammad Ilyas, the CEO, in an electrical engineer #ho graduated in $%B<, ha(ing C& years of #ork e!perience of not only #orking in the Pakistani manufacturing sector ut also periodically getting trained and educated in Germany and )"..

CHIEF EXECUTIVE: HAJI MUHAMMAD ILYA Company Mi!!ion

In $%DC, a small name appeared on the hori?on of the fan manufacturing industry in Pakistan. /his small star #as General Fan Company. G.F.C egan to gro# due to its quality, #hich makes the G.F.C one of the leading manufacturer and e!porter of fans in Pakistan today. /o produce e!cellent quality products G.F.C uses the most modern=high tech machinery like Capstan ' /urret 1athes, Progressing "tamping presses, 6ie Casting Machines, In@ection Molding Machines, .utomatic .rmature -inding Machines, C0C -ire Cut Machines, "park Erosion Machines and O(ens Containing Con(eyers for drying "to(e Paint. -ith all this latest machinery G.F.C. decided to increase itsE product line y manufacturing premium quality -ashing machines ' 6esert Coolers. /hatEs #hy G.F.C. en@oys the confidence of millions of highly satisfied customers not Only in Pakistan ut also in "audi .ra ia, Fatar, 7emen, ).E., "udan, Ghana, -est Indies, 6@i outi, 4angladesh, 0igeria, :enya, Cameroon, .fghanistan, and all other Gulf Countries. G.F.C. installed copper #ire manufacturing unit in $%<<. G.F.C. is also manufacturing its

O#n capacitors. G.F.C. #ere the pioneers in e!port of fans from Pakistan. G.F.C. ha(e got four E!port /rophy .#ards for Fans and other Electrical Products like enameled Copper -ire. /hrough our -e "ite, -eEll try to make it easy for you to learn a out Our Company, Our /echnology, Customer Care and Our Products. 7ou are #armly #elcome to (isit this site.

DI"ECT#" :
/he purchase department is looked after y Mr. Muhammad I@a? 6irector purchase

NA$EEL ILYA
/he "ales team at GFC is led y 0a eel .hmed Ilyas, an engineer from )". and an M4. from 1)M", Pakistan. Mr 0a eel Ilyas contnues to coduct oth domestic and international sales and distri ution acti(eites, participating in trade e!hi ition around the #orld to ring more and more countries under the GFC anner.

NA%IM IJA%
Mr. 0a?im I@a? #ho graduated from Canada in Finance, Ensuring that est quality and energy efficient material is procured and used in GFC Fans products.

M#$IN ILYA
/he Production /eam at GFC is led y a dynamic mechanical engineer. Mr Mo in Ilyas. from )ni(erstiy of -aterloo Canada. Mr Mo in continues to upgrade the production methods at GFC to maintain quality, impro(e energy efficiency and stay at par #ith technologically ad(anced countries.

ADEEL IJA%
Mr .deel I@a?, granduated from Canada is pro(iding his e!pertise in the field of Plastic ' Moulds.

Ho& GFC mana'e E#()

-hen I asked a out EOF of the Company then they told me that accuracy make sense in e(ery field of life in same maners in manufacturing firm that acuracy has more potential. the accuracy make economies in scale in the same manners #e mange the EOF that is not the high from the estimate and not lesser thn the order. if #e goes to sa(e the ordering cost then #e face the higher cost in face of carring cost. if on the other hand #e goes #ith to sa(e the carring cost #e face higher cost in the shape of higher ordering cost as #ell.

there fore the correct estimate of order is required to mange the EOF in est #ays. therefore #e ha(e proude that #e ha(e the qualified staff that that estimate requaired material and other cost #ith accurecy that help us in economies in scale and compete in etter #ays.

*+i,+ me-+o. i! /!e. 0y GFC)

"imply he told me that they use the #eighted a(erage method ut some time they use 1IFO and "ometimes they use FIFO as #ell. Ge told me for e!ample the paint department uses the FIFO method ut on the other hand 1IFO method is used #hen e!cess of the finished goods.

Ho& GFC ,al,/la-e -+e ma-erial ,o!-)

firstly GFC has a contract #ith the its (endors that the e(ery e!panse that is related to the ra# material are the reponsi ility of that (endor the firm only recie(e its its ra# materirial on its door step then payments are done at once. it is the enificial for thr firm ecause no headach is for the firm. the e!penses that incurred on purchases are recognised then the carring cost that inccure on storge, handling etc are also recognised for end cycle in #hich totalcost is calculated and prices are set.

Ho& GFC ,al,/la-e -+e la0or ,o!-!)

first of all this is the seasonal usiness and its nature is suit #ith the la oure that mostly #ork on the ases of per day #ages. all #orkers are not on the ases of per day #ages ut some are the permanent #orkers of the firm that are mostly #orker in mangment GFC calculate the la oure cost y calculat the #ages of that #orkers, saleries of higher athourity and mangment and minuse the total cost of production.

Ho& GFC ,al,/la-e -+e F#H)

factory o(erhead of GFC are greater then the other small firms of thet area the indirect material, indirect la oure and other indirect e!penses are earer y the firm that is calculate y minuse al the other e!penses and cost from total cost.

*+i,+ ,o!-in' -e,+ni1/e i! /!e. 0y GFC)

/he firm uses the apro!imatly the . sorption costing method. ecause firm calculate the fi!ed as #ell as (eria le cost in setting the prices.