nishat mills presentation
TRANSCRIPT
FINANCIAL ANALYSIS OF
NISHAT MILLS LTD.
Presented to:
Mr. Yawar Hakim
PRESENTED BY:MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837
Vision Statement
To transform the Company into a modern and dynamic yarn, cloth and processed cloth and finished product manufacturing Company with
highly professionals and fully equipped to play a meaningful role on sustainable basis in the
economy of Pakistan.
To transform the Company into a modern and dynamic power generating Company with highly
professionals and fully equipped to play a meaningful role on sustainable basis in the
economy of Pakistan.
Mission Statement
To provide quality products to customers and explore new markets to
promote/expand sales of the Company through good governance and foster a sound and
dynamic team, so as to achieve optimum prices of products of the Company for sustainable and equitable growth and prosperity of the
Company.
CONCLUSIONS
Nishat Textile is considered to be the leading organization in the field of textile. The name Nishat has become has become a symbol of quality and standard. The quality of cloth is dependent of textile yarn to finished cloth.
All the sub department of processing like bleaching, dyeing, printing, and finishing are working under laboratory instructions so laboratory is playing role of executive in quality control.
CONCLUSIONS
The customer satisfaction is a basic criterion of Nishat Textile. They are producing good quality products and 80% products are exported.
Nishat has also a big share in local market. Local marketers are performing their jobs efficiently to enhance the sales and to satisfy the customers however in local market quality is lower then export market.
If we turn to human resource department we see that there are certaingaps in human resources management of Nishat Textile.
CONCLUSIONS
Nishat textile has the ability to produce what their customers want through excellent machinery and skilled workers in processing department and qualified marketing staff. But there are problems regarding human resource management and financial management.
RECOMMENDATIONS / SUGGESTIONS Here are some suggestions that may help the
organization to improve. In processing department there is a need of
skilled workers. They will really improve the quality of designs
and will introduce more innovative designs. Expanding product lines that will give more
variety to people of country could extend local marketing and ultimately sales would be increased.
RECOMMENDATIONS / SUGGESTIONS Compensation and reward system should
be brought at higher level in order to let the employees be motivated and happy.
They should go for open retail outlets in gulf.
REFERENCES
Web:• www.nishatmills.com• www.wikipedia.com• www.investopedia.com Annual Report of Nishat Textile Mills Ltd. Marketing Department
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