The Ethnicity Mountain What is the Harlem Renaissance? The Harlem Renaissance was a movement that was prompted by the advocacy of ethnicity equality that began inside the…...Read
The issue started on Feb 2008 if the new designated Managing Director of PCI Sdn Bhd, En Ghani reviewed 3 years ago Financial Report and found out there were latest increases in costs of products sold and inventories. The rate of increase in costs of goods sold have been disproportionate with growth of revenue. En Ghani was educated that one from the reasons for the increase in expense was because of the current purchasing system that contributes to redundant purchasing and high inventory holding costs. Siti Aminah, the Chief of economic Officer was asked to review the current getting system and suggested the need to implement a brand new computerized getting system that will help reduce some of it is manual functions and at the same time might ensure it has the proper handles in place. En Ghani asked a formal record on current purchasing system and advice for a new system prior to the next managing meeting which would be in two weeks time. En Ghani assigned Siti Aminah for the special job instead of the elderly Chief Production Officer and she would not have any kind of experience in system and technology. The newest system should be able to reduce costs, enhance control and provide easy management of users and services in qualitative and quantitative techniques.
En Ghani: as the new appointed Taking care of Director of Penda Cable connection Industry Berhad, who analyzed past season Financial Survey and called for formal record from Siti Aminah. Siti Aminah: the primary of Financial Expert that becoming asked for making formal record instead of the Mature Chief of Financial Officer.
CURRENT PURCHASING PROGRAM IN PCI
Purpose: to ensure the purchase of uncooked material (exclude external Aluminium cable scap) that was required for the manufacturing of cable, conductors and linked products. 1)
Monthly Raw Materials Summary
General Manager of fabric Resources and Planning
Assistant Purchasing Supervisor
1st week of Expected Monthly
On a monthly basis Material Need
General Supervisor Purchasing
Cik Anne Getting Clerk
> RM100 500 En Ghani
Natural Material Storekeeper
3 ) Suppliers
Coded, Batched and Inspected Invoices
Delivery Store Received a) Verification Order Notes b) Bank account Payable Research No .
Sobre Min c) Update Accounts Payable list in Assistant Finance Supervisor
4) Enclosed together with the return receipt of talon / TT for notification of repayment
MaterialRAW MATERIALS STORE
Economic Department (for payment)
Shipping and delivery PCI BANK
RMS 2 Form
Assistant Fund Manager
| 2006| 3 years ago
GROSS REVENUE MARGIN(Gross Profit/Revenue)| (12086851/176877312) = 0. 07| (48053370/298146915)
FUNCTIONING PROFIT MARGIN(Operating Profit/Revenue)| (6386819)/176877312 =(0. 03)| 35657392/298146915
PRODUCTS ON HAND TURNOVER(COGS/Inventories)| (164, 790, 461)/27434751=(6)
| (250, 093, 545)/45, 575, 893=(5. 48)
AVERAGE COLLECTION PERIOD(Debtors/(Revenue/360))| 15, 506, 128/(176, 877, 312/360) =31. 6 days| 8, 453, 275/(298, 146, 915/360)
Low Profit Perimeter
When the business shows the higher...