Download - Beximco Deenims Ltd
A CASE STUDY A CASE STUDY ONONBEXIMCO DENIMS BEXIMCO DENIMS
LTD.LTD.
Prepared For:
Ms. Nasrin Akter
Lecturer,
Department of BBA
Stamford University
Prepared By:
Batch: - BBA 30 (H)
Marzanul MoinId No. 03009617Md. Nazmul HasanId No. 03009680Moniruzaman DhaliId No. 03009645Nasrin AkterId No. 03009636Sharmin QuaderId No. 03009621Afsana AminId No. 03009703
Content
• Company Profile
CORPORATE HEADQUARTERS
House No. 17, Road No. 2Dhanmondi R/A, Dhaka -1205, Bangladeshemail : [email protected] : http//www.beximco.org
OPERATIONAL HEADQUARTERBeximco Industrial ParkSarabo, Kashimpur, Gazipur Bangladesh
FACTORYSarabo, Kashimpur, Gazipur.
Company Profile
DATE OF INCORPORATION28 April 1994.
COMMERCIAL PRODUCTION1995
BUSINESS LINEManufacturing and Marketing ofHeavy and Light Denim Fabrics.
LISTING STATUSPublic Listed Company.
STOCK EXCHANGE LISTINGDhaka and Chittagong.
AUTHORIZED CAPITAL IN TAKA 500 million
PAID UP CAPITAL IN TAKA200 million
NUMBER OF SHAREHOLDERS 6,084
NUMBER OF LOOMS INSTALLED 56
NUMBER OF EMPLOYEES200
Vision:The conception of business germinated from their vision which sees it as a means to the well being of the investors, stakeholders, employees and members of the society at large by creating new wealth in the form of goods and services that go to satisfy the wants of all of them without disturbing or damaging the socio-ecological-economic balance of the Mother Earth and the process of human civilization leading to peaceful Co-existence of all the living beings.
Mission:
The company’s mission is the pole star of their vision for maximization of production of quality life saving products and services strictly on ethical and moral standards at minimum costs to the society ensuring optimum benefits to the consumers, the shareholders and other stakeholders.
Objectives:
To strive hard to optimize profit through conduction of transparent business operations within the legal & social framework with malice to none and justice for all in respective of gender disparity, caste, creed or religion or region.
To create more jobs with minimum investments.
To be competitive in the internal as well as external markets.
•To maximize export earning with minimum imported in-puts.
•To reduce the income gap between top & bottom categories of employees.
•To promote corporate social responsibilities (CSR) amongst all.
Corporate Focus:
The Company’s vision is the pole star to their mission that fulfils their objectives with emphasis in the quality of product, process and services blended with good governance that held build the image of the most venerable corporate-citizenship at home and abroad.
Corporate Governance:
Corporate Governance is key to its sustenance. Good Corporate Governance is key to successful sustenance. The company’s Corporate Governance as follows:
Management Committee:
Comprising top executives, deal with entire organizational matters.
Standing Committees:
a)AUDIT COMMITTEES:
Internal Audit Committee
ISO Audit Committee
Social/Environment Committee
Performance Evaluation Audit Committee
b)EMPLOMENT RELATIONS COMMITTEES:
Remuneration Committee
Work Environment Committee
Employees Welfare & Recreation Committee
c)MANAGEMENT COMMITTEES:
Product Planning & Development Committee
Quality Control & Research Committee
Production & Inventory Management Committee
Export Promotion Committee
Segment Report:
The company’s operations are carried out
on an aggregate basis and are managed as
a single operating segment. Accordingly the
company operates in one segment of
developing manufacturing and marketing of
Denim wares for human as industrial use.
Chambray In classic indigo colours ranging from 4oz to 5.5oz/Yd2
Denim (blue) In classic indigo colours ranging from 4oz to 15oz/ Yd2
Denim (black)
In sulfur black colour ranging from 4oz to 15oz/ Yd2
Coloured Denim
In a variety of colours - both in sulfur & reactive dyes(warp dyed)
Overdyed Denim
In a variety of colours on indigo blue & sulfur black
Bull Denim In a variety of reactive colours ranging from 10oz to 13oz/ Yd2 (piece dyed)
Stretch Denim
In classic indigo colours ranging from 4.5 oz to 13.75 oz/Yd2
Products
Managerial Function performed by Beximco Denim Ltd.
Planning and Decision Making:Planning and Decision Making is the first step of
the managerial function. Planning is setting an
organization’s goal and deciding the best to
achieve them. Beximco Denim has an expanded
market plan to serve the market. Decision making
is selecting the path of an action from a set of
alternatives. The Chief Executive Officer and the
Chief of Development department and others
department makes decision for company’s action
and also for own department.
Organizing:
Organizational is very essential for archiving
organizational goal. Organizing involves
determining how activities and resources are to be
grouped. Beximco Denim Ltd. organizes their
worker in the basis of their field. Beximco Denim
Ltd. Maintain a well organizing function. All the
departments are well communicating with others.
Every department share information with other
departments.
Leading:
Leading is the most challenging of all
managerial work. The manager lead his
employees in basis of worker attitude.
Reward power such as salary increases,
bonuses, promotion and interesting job
assignments etc. are the leading activities
of Beximco Denim Ltd.
Controlling:This is a important parts of any managerial
function. The regulation of organizational activities
that same targeted elements of performance
remains within acceptable limits. Monitoring the
organizational progress towards its goal is
controlling. Beximco Denim has its own controlling
Department. In Beximco Denim Ltd. each
department’s manager‘s also play a controller role.
In this time human resource department also play
in controlling.
Ethical and Social responsibilities:Beximco Denims Limited always abides by the
instructions of the Environment Conservation Rules
of the country and maintains the environment
friendly atmosphere within the factory area.
Necessary plantation, treatment, control measures
etc. are always ensured in a proper manner as per
the guidelines of the competent authority.
Finding at a Glance
Beximco Denims Limited is a well known company.
Here employees are getting a chance to improve
there position by work hard. If worker shows good
job the company give him a reward. So, they like to
follow Theory ‘Y’ and improve there position.
Conclusion and Further RecommendationBeximco Denims Limited maintains its position as a
leader in innovative fabrics and designs among the
best known brands and retailers worldwide. The
company’s leading customers sees them as more
than a supplier of fabrics and considers them as an
important strategic partner in the value chain. The
company will look towards further strengthening the
alliance and continue to invigorate their research
and development activities, focus more on
operational excellence to remain competitive in the
changing market scenario.
Reference:•Annual Report 2005, Beximco Denims Limited.•http//www.beximco.org
Thank You