Palmal Group of Industries

Palmals keystoneground Established in the year 1984, Palmal convocation of industries go through its persona, standards and is enmeshed in manufacturing of all kinds of knitted garments. Engr. Nurul Haque Sikder is the founder of confederation. Now he is nonplus chairman of group. cosmosaging director Mr. Nafis Sikder, watchword of Engr. Nurul Haque Sikder took the head teacherership in the year 2001. He is guiding the group with his wide experience and skill. Business interpellation Palmal is mainly RMG foc intake group of industries. Expanding in the atomic number 18as of knit composite and other backward linkage industries. Palmals Vision Palmal stands behind its garments products with tone of voice self-reliance. Palmal believes that quality is never an accident. It is always the result of high intention, sincere effort, sharp direction and skilful execution. To provide customers with the most blanket(prenominal) sourcing, production, design & product development service, guaranteeing quality, competitive price & quick turnaround times with an excellent professional personalized service.Palmals Mission Palmals flush is to be the market leader, in providing clothing from Bangladesh to its customers around the globe. To be a market leader it is perpetrate to develop high quality, sophisticated and deviation-free products in its capacity and make on time bringing to its customers. Objectives of palmal Palmal has call up objective for the development of the society. The objectives of palmal ar giving below 1. To increase the economic development of the country. 2. To create practice opportunity. 3.To play positive in the exhibit of industrial development of Bangladesh. 4. Palmal Assures quality and customer services. Palmals Commitment- constant production updates to the eventer. Facilitate & Co-ordinate the Buyers visits to Bangladesh. Handle orders of any volume, style & colouration. Short lead times & in time delivery. Best qu ality and first service. Handle orders of any volume, style & color Excellent customer service. Best service from others. A headache & hassle free one release solution to Importers 100% clients satisfaction Corporate Offices of Palmal Groups Due to space constraint, Palmal had to arrange its corporate office in 4 different buildings located in Gulshan-1 area. Offices identity Location Corporate Head Office (MD and C. O. Os Secretariat) House 16, Road 30, Gulshan-1 Admin. Compliance Dept. House SWB/20, Road 08, Gulshan-1 Commercial, Transport, Maintenance, Wal-Mart Sample and House 2B, Banking Road 29, Gulshan-1 Mainstream HRM, grinder HR, Sweater Division, Local Crystal Point, H 2, R 21, Gulshan-1 Procurement, Accounts, T&OD Dept. Merchandizing(Partly) Board of Directors Name line Engr. Nurul Haque Sikder Chairman Mr. Nafis Sikder Managing Director & CEO Mrs. Meherunnesa Haque Director Mrs.Sylvana Sikder Director Mrs. Tajrina Sikder. Director Mr . A. K. M Sazzadul Karim Director & C. O. O list persons Name Designation Mr.Nafis Sikder Honorable Managing Director Mr. A. K. M Sazzadul Karim Honorable Director & C. O. O Mr. Amzad Hossain Chief consultant to MD Mr. Ashith Laxmidas Dayalal Director (Marketing), Garments Div, Mr. Aseem Sood. Vice president, (Marketing GAP Div Mr.Tahmid Zaman Khan Director (Marketing), Sweater and AWL Mr. Aseem Sood. Vice president, (Marketing-GAP Div) study Sofiul Azam Chowdhury (Retd) Director, (Admin. & Compliance) Mr. A. A. M. Munir Director(P. P & Q. A Coord) Key Persons Name Designation Mr. Emdad Hossain Director (Production) & In-charge, ACML Mr. Shakil Rahman Director (Marketing) Mr. Ruhul Amin Siddiqui usual Manager (Commercial) Mr. S. A. Nakib General Manager, HRM Mr.Shair Nasser Azad General Manager (Administration) Mr. Kazi A. Muhit General Manager (Accounts) Shelkh Obaidur Rahman GM- timbre, CSI S. M. Sanowar Hossain. GM-PP & Cord, W*M Md. Hossain Ahmed GM- Quality Sister Concerns Type of Business No of Concerns Garments Factories 20 Sweater Factories 02 Knit Composite Mills 02 Washing Plant 02 Embroidery 01 Central investment firm 05 Sample Section 05 Cutleries Industry 01 Total 38 Corporate scheme of Palmal To develop a comprehensive strategy for palmal, it integrates the finance, marketing, human resource, accounting, quality, and operations functions. According to the corporate strategy, it carries out all the organizations functions. on a lower floor the corporate strategy, it determines for which customers or clients it willing arrive product, which revolutionary product it will produce in early, which saucily strategy it will take for international market to survive. Operations strategy To do its daily activities palmal takes operations strategy. These strategy help palmal to achieve the companys corporate strategy. By using these strategies, it takes decisions about when the products produce, where it produ ces the products, how legion(predicate) workers it needs, what are the training requirements of the worker, what is the target level of quality for the products, how should suppliers be selected, what is expected from the suppliers, what types of engine room it should be used to develop its product and so on Palmals product This company produces knit garments product especially. The main products of palmal are Mans T-shirt Sport wear Long sleeves polo shirt Mans sweater Womens sweater Mans jacket Womens jacket Corporate uniform Baby dour sleeve T-shirt Baby suit Technology used in Plamal Palmal group uses version types of technology to run their daily activities such as 1. Telephone 2. Fax 3.Entrance control administration This is the system that controls employee entrance and leave employee uses their entry card to enter office. A central computer record employee they use the card and computer saves their leaving time. 4. E-mail Palmal widely use e-mai l. To communicate with its customers and suppliers. They order warm actual through e-mail. They also receive order by mail. The employees of Palmal use e-mail to communicate among themselves. This type of confabulation helps interdepartmental communication. Palmal is non using ERP because management thinks that ERP will disclose confidential data to employers. However, at present its management team have award about the importance of ERP.They are planning to implement ERP in their organization very soon, as they are facing many types of problem not for using ERP. Manufacturing strategy To produce products palmal applies Make-to-order strategy. After taking the order from the buyers then it produces the product. Therefore, enumeration is kept at a lower limit level. Strategic vision Manufacturing process Palmal borrows assembly process to produce the product. It collects different finished goods from its suppliers. After pile up various finished goods then it produces a whole product. To produce a shirt as a whole product it collects buttons, nylon fabrics, and such kinds of different finished goods. Different Stitch Number and their applications Stitch clan Application 100 Stitch screen out Basting dismission sewing BTN whole spot taking Chain Stitch hamming, belt loops filling Blind Stitch 200 Stitch Class Back Stitch To draw laise and elastic Catch Stitch Running Stitch 300 Stitch Class To seal in parts of bodies bottom rolling Lock Stitch 400 Stitch Class To attach main seam permanent edges Chain Stitch 500 Stitch Class Over lock C/S Surging blind hemming Seaming Surging Break open Surging Stitching process All the above secure used to make any garments. But what stitch will follow in which process will be notified by the buyer. By following that instruction, Palmal can only stitch the garments. Stitch also depends on the process of stitching. For heavy fabric or critical process, the stitch will be different and for t he thin fabric and easy style, stitch will not be same. Quality Assurance Palmal group is highly perpetrate to produce and supply highly quality product to its customers. To produce high quality garments products they collect high quantity raw material from their suppliers.Palmal groups have quality assurance department that is responsible to control and check the quality of raw products from their suppliers. As customers of Palmal group requires high quality products, they emphasis on high quality product. Their production control department ensures production is exactly as approved quality standards. Three or more inspections are carried out during the production process. Initial inspection, checks on fabric, wlor thread and first run of production. Second inspection and final inspection check on products and ensure whole production is up to quality standard. Palmal group believe quality products are the key to arrogate credit line. Turnover of Palmal In 2007 Approximately US$ 100 Millions equivalent to Tk. 700 Cores from Export.In 2008 Approximately US$ one hundred ten Millions from Export. In 2009 Projected Turnover is US$120 Millions from Export pic Embroidery CAPACITY ? 6 threads with different color at the same time. ? 20 lines in each simple machine ? 650 Stitches per minute. ? Same machine cannot be used for diff. jobs at the same time Why Palmal is the order winner? Palmals cognition and commitment has made it a multi product company with clients all over the world. It works hard to speech the expectations of its customer in an innovative way. It tries to maintain long listing relation with its clients and ensures serving outstrip to them base on following parameters High Product facility Sourcing of products from reliable manufacturers at competitive prices Good quality & on time delivery Believes in cost effective productivity Enjoys a reputation for faint business practices Strong network of manufacturers and vendors Regular Supervision of products right from the production to the shipment stage . lodge system of Palmal At this time, Palmal does not offer on-line ordering. Before ordering the product clients should communicate with the company through fax, telephone, letter or e-mail. Clients should print out the order form, fill it out completely and light with a check, money order, or credit card information to the address at the offices. They should also guide the sample of the product to the company.If everything is favorable for the company then Palmal take the offer from the clients. PALMALS CLIENT contestation It is palmals ambition to has a lateral thought process which will help in excogitation unique and innovative range of apparels. All its endeavors are well appreciated by its clients, which has motivated it to go beyond the expectations of its clients. As an accomplished house, it has clients across the globe. The customer satisfaction it is acquired has led to a strong believability for UK & Europe in market. It is established its export market in Germany, Italy, France, Bangkok, Mexico, UK, Europe. List of major clients or buyers porta Inc. WaL*Mart USA WaL*Mart Canada Charming Shoppes New Wave GEORGE Primark Zara Nygard K. Mart SEARS TESCO TARGET-Stores Li & Fung Suppliers of PalmalSuppliers selection criteria of Palmal To select suppliers Palmal follows some rules. Such as- Quality-to purchase raw materials from suppliers at first it thinks the quality of the product. Because the future of garments factories heavily depends on quality. Cost- it thinks about the cost of the raw materials which it will purchase Delivery-on time delivery is a major to select a supplier fiscal soundness-before purchasing it considers the financial soundness of the suppliers. Kinds of raw materials muniment control system of Palmal Palmal controls inventory to meet its future customers demand. It controls the inventory based on quantity.This system is i ntentional to ensure that an item will be available on an ongoing basis throughout the year. Types of inventory Palmal maintain Palmal stock some important goods for its future safety. Like- Nylon fabrics Cotton fabrics Different kinds of buttons Plain Machine Button Attach machine Chain stitch machine Palmals layoutThe factories under the palmal group of industries are designed in such a way so that they can do their work properly. In factories uniform machines are grouped unitedly to do work. For example, to sew all sewing machines are grouped together in one area. Cutting sections are separated from other sections to do its cutting work. Inspection sectors are detached from others for checking fabrics. Select a location for a novel factory of Palmal To establish a new factory Palmal basically thinks about- Trade Zone Transportation facility weary cost Export Import facility Power supplies Rent Political environment Near to the competitor SWOT analysis of Pal malPalmal group of industries has achieved great success over a short time of period. However, the global market environment for stuff and clothing industries is in transitional stage and will transmute at the end of the phasing out quota. This change in global trade will create new challenges for the company. Therefore, high productivity, free access in backward supply line, shorter lead-time determines the companys competitiveness. The following analysis of strength, weakness, opportunities and threats (SWOT) concisely sum up the expiration of the competitiveness of palmal group of industries. Strength- Low labor cost. Energy at low price. Easily accessible root manage sea road, railroad, river and air communication. Excellent Tele-communications network of E-mail, Internet, Fax, ISD, NWD & Cellular services. Scope for career development. Country booster cable Pay Master in RMG Sector. People developer. Having fully COMPLINT Factories. Consider people as Resources. Avoid discriminations to the best possible extent. Exercising fair practices in Employment. Value good workers and avoid troublemakers. Assure workplace safety. pulverisation is located in industrial area where company can enjoy uninterrupted power supply. Labor union is not all owed in the KDS groups since all labor related matters are dealt by KDS industrial area.Factory is able to ratify of their customer in the specific market according to their demand. Weakness deficiency of marketing tactics. A small number of manufacturing methods. Time-consuming custom clearance. Subject to natural calamities. Most of the raw materials from abroad, this is cause of high price, which are affected the production cost. Opportunity- Cheap and abundant labor force. Availability of alien buyer in Steel Products. Palmal has a chance to create his own market by cover the quality of the products and working condition of the factory. To establish a new factory without long term obligati on which is also based on the another buyer or customer by showing the new technology which is now at present Threat-Political situation of under developed country like Bangladesh is a major threat for Palmal. Technology is developing day by day. Therefore, technology is also ever-changing rapidly. There is hardly any local source of raw materials Palmal, since backward linkage industries have not been developed in our country. Therefore, it is a threat for Palmal. Awards For consistence and good product and service provided to their customers, Palmal Groups won some(prenominal) national and international awards. National Award For their contribution to the national economy and for successful operational activities Palmal Groups achieved chairman best Performance Award in two consecutive years. International AwardPalmal is always committed to provide their customers with high quality product and service. In return, of their quality maintenances they have got several awards from in ternational buyers. The awards are Best supplier award from Wal-Mart in 2004, 2006 and 2007 Recommendations & Conclusion . The company does not apply Operation look into models as well as tools. Initiative steps should be taken to apply Operation look into models as well as tools as early as possible to establish efficiency, productivity, competitive advantages etc. in the company. Palmal should use modern technology and software to develop its productivity and to increase its profit.However, Palmal has strong managerial support for which over a period of last seven years the companys business growth is more than 300%. customer Palmal Society Market Corporate Strategy Marketing functions Financial functions Operation functions Accounting functions Human resource functions Purchasing functions Quality assurance functions Product development functions Customer needs New products Current products Competitive dimensions Best Quality Customization Low price Timely delivery Companys c apabilities Produce the required products New product development Sales the required products