close

Pci, Case Study, Mia Case Study

 Pci, Example, Mia Example Research Daily news

INTRO

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.

PERSONAS

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

Cik Lim

General Manager of fabric Resources and Planning

En Razi

Assistant Purchasing Supervisor

(MRMS)

Review

1st week of Expected Monthly

On a monthly basis Material Need

En Sam

General Supervisor Purchasing

(MMR)MRMS

Planning Section

Sobre Razi

2)

Cik Anne Getting Clerk

> RM100 500 En Ghani

Processing

En Min

Natural Material Storekeeper

PURCHASE ORDER

COCORDER CONFIRMATION

CompetitiveNot

En Sam

En Razi

Vendors

Competitive

Quotation Offer

3 ) Suppliers

Bills

Cik Lim

Cik Anne

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

the computer.

4) Enclosed together with the return receipt of talon / TT for notification of repayment

PERFORM, COC

Vendors

MaterialRAW MATERIALS STORE

RMRR VCAR

Economic Department (for payment)

InvoicePURCHASING SECTIONShipping

Record

Shipping and delivery PCI BANK

Document

VOUCHER

Voucher

Approved

Delivery Order

RMS 2 Form

Purchasing Clerk

En Min

Assistant Fund Manager

& Signed

QUANTITATIVE DECISION

| 2006| 3 years ago

GROSS REVENUE MARGIN(Gross Profit/Revenue)| (12086851/176877312) = 0. 07| (48053370/298146915)

=0. 16

FUNCTIONING PROFIT MARGIN(Operating Profit/Revenue)| (6386819)/176877312 =(0. 03)| 35657392/298146915

=0. 12

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)

=10 days

Low Profit Perimeter

When the business shows the higher...

 Racial Huge batch Essay

Racial Huge batch Essay

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
 Personal Vogue Choices Article

Personal Vogue Choices Article

My Personal Vogue Choices Stylish, comfort and self-confidence are very essential. My own personal style choices depend on comfort and what I believe appears good on me. Basic, everyday…...

Read