GROUP

MEMBERS
IRAM KHAN
JEHANZEB SULTAN
MAHAM NADEEM KHAN
SAIM RASHEED
SCOPE OF THE PROJECT

• To prepare the company registration documentation.

• Gaps identification in current financial structure and to plan
& implement financial reporting system.
• Gaps identification in current inventory management
practices and to plan & implement inventory management
system.
• To develop Key Performance Indicators.
• To perform post implementation analysis.
 Started operations: 2012

Located: Multan

SR HERO PVC Organization type: Partnership Firm

PIPE FACTORY
Stock Keeping Units: 21

Production Steps: 10
 1. Data Handling and Management
• Manual data handling
• Not updated regularly
PROBLEM • Limited to cash inflows and outflows
STATEMENT • No reports for financial analysis
• Economical and operational
inefficiencies
• Delays in decision making
 Data Handling and Management cont..

Book of Accounts
Major Account Book Daily Record Book

Gate Pass

Bill Book
 • 2. Integrated Process Optimization
• Lack of integrated planning process
• Planning depends on memory,
experience and production
completion guesses
PROBLEM • Poor customer service and lead time
• 3. Physical Process Execution of Humans
STATEMENT and Machines
• Processes execution based on gut
feeling
• Management of operations not being
enhances at full potential
• Underutilization of capacity
• Excess fixed operational costs
 • 4. Days Sales Outstanding
• Lack of payment recovery system
• Huge amount of payment outstanding
• No check and balance
PROBLEM • Lack of reminder system
STATEMENT • 5. Company Registration and Documentation
• Company has not been registered yet
• Failed in attracting more investment
• Administrative issues
PROPOSED METHODOLOGY

1. Business Diagnosis
• Mapping As-Is Processes
• Personal Visits and Observations
• Qualitative Research (Interviews)
• Gap Analysis
• Market Research
• Competitor Analysis
2. Plan
• Deliverables
• Documentation and Registration of the
company
• Financial reporting system
• Inventory Management System
• Key Performance Indicators

PROPOSED METHODOLOGY
 Design To-be Processes
(Proposed Solution)
PLAN
(PROPOSED
METHODOLOGY
cont.) Structure the Prioritizing Tasks
Works
IMPLEMENTATION &
REVIEW
Phased implementation strategy
• 1st phase: Documentation and Registration
• 2nd phase: Digitalization of the data and
financial reporting
• 3rd phase: Training of the employees for
adaptability of new processes
• 4th phase: Measure and review the on-going
performance
IMPLEMENTATION & REVIEW
Financial/Economic Objectives
• Cost Saving
• Revenue Enhancement
 IMPLEMENTATION &
REVIEW

KEY PERFORMANCE INDICATORS

• Monthly Sales Growth and Targets
• Order processing time
• Production lead time
• Percentage of stock out inventory
 IMPLEMENTATION &
REVIEW

KEY PERFORMANCE INDICATORS

• Inventory service level
• Days of sales outstanding
• Inventory Turnover
POST IMPLEMENTATION
ANALYSIS

• Cost Reductions
• Other challenges addressed and
improvements
• Comparison of old vs new processes and
their efficiency
 GANTT CHART
9/7/2018 10/27/2018 12/16/2018 2/4/2019 3/26/2019 5/15/2019 7/4/2019 8/23/2019 10/12/2019
Orientation

Finalizing company and supervisors

2nd meeting with the company

Group discussion and division of tasks

Finalize Proposal Draft and Presentation

Submission of proposal draft

Submission of Form-2A (duly filled & Signed) to MBA Program Office

Group discussion and division of tasks

Finalize Report

Company visit for data collection

Fully automate the financials

Report Finalization

Submission of Final Project Report and Presentation by Group to Supervisor and GEC…

Submission of 3 Hard Bound Copies with Acceptance Certificate ,2 CD’s

THANK YOU