Professional Documents
Culture Documents
2 ACKNOWLEDGMENT:
All praises and thanks to Almighty Allah. The Lord and Creator of this universe
by whose power and glory all good things are accomplished. He is also the most
merciful, who bestowed on me the potential, ability and an opportunity to work on this
project.
Although this report base only my name but numerous people were very
important to the development of this report without the support of them I could never
successfully completed the internship as well as the report.
I am grateful to my respected teacher Sir Khawer Haneef who has
guided me in each and every step of this project. Indeed, without his
kind guidance I may not be able to even start this project. May ALLAH give him the
reward which he deserves I am also grateful to all those members who are related to
Yunas fans.
In the end, I am thankful to all my teachers and have a lot of prayers for them who give
me the knowledge and make me able to complete my masters degree .
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Vision:
A leading producer of Electronic products by producing the highest quality of
products and services to its customers.
Mission:
To be the number one manufacturing organization in Pakistan and also the other
items like household items.
5.2
Overview of Organization:
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The Yunas metal works (Pvt) Ltd was introduce by Haji Muhammad Yunas in 1944.The
Company manufacturing the fan since 1960s. In 1960s the company was the major
export in Iraq. The company was in peak during 1962 to 1995. Yunas Metal works was
the combination of G.F.C Fan and Metro Fan Yunas fan has its own plants of enameled
wire, copper plants etc. they have no need to purchase these raw material from outside.
Having lots of resources Yunas fan was the No 1 manufacturing company in Gujrat.
However the company was in trouble in 1970 due to the differences in its partners. In
1996 G.F.C take his sheers and comes in the market on the brand name G.F.C. G.F.C was
almost have the 50% contribution in Yunas fan. Later In 2001 Metro take his 25% from
the Yunas fan. Yunas fan paid the heavy amount for using the brand name of Yunas fan.
So After the partition Yunas fan faces many problems like lack of resources, funds,
managing people, and plants.
The initial capital of the company is the (Rupees ten million only) Rs. 10,000,000/divided into (One Hundred thousand) 100,000 ordinary shares of (Rupees one Hundred
Only) Rs.100/- each. The company was registered on October 07, 1984 with the
securities and exchange commission of Pakistan under the companies ordinance 1984.
The Registered office of the company is situated at Yunas Colony, G.T. Road Gujrat in
the province of Punjab. Yunas fan is working in the manufacturing the electronic goods.
At present Chief Executive is Mr. Irfan A. Ayub. The marketing director Mr. Furqan A.
Ayub. The international marketing director Mr. Salman Ayub. And Mr. Usman Ayub is a
young person who joined the company as a director of Production & Quality assurance.
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3: Ceiling Fans
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7: Gas Geyser
8: Electric Geyser
9: Juicer Blender
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6: VIP
2: rainbow
7: Hunza
12: Expo
3: Kashmir
8: Marvel
4: star
9: Galaxy
14: Fanous
5: stone
10: Unique
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of
organization
toward
economic
development:
Industry is the back bone of the country. Yunas fan play a vital
role in economic development. It exports the goods in foreign country
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Chief
Exective
Director
Production
Inventory
manager
Store
Keeper
Purchase
Manager
Purchaser
Director Finance
& Marketing
Chief
Accountant
Accountants
Purchase
accountant
sale accountant
Tax accountant
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Director sale
& Export
Cashier
Export Manager
Assistant
Export
processor
Chief Exective
Director
Director
Director
Director
General Manager
Director of Finance &
Marketing
Account Manager
Irfan Talab
Furqan Ahmed Ayub
Director Export
Bankers:
Habib Bank Limited
United Bank Limited
National Bank
Summit Bank
Bank of Khyber
The Bank of Punjab
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PURCHASING DEPARTMENT:
Purchasing department headed by Purchases Manager,
deals with the purchases of raw material that is ultimately used to manufacture different
stores of products. Actually that department not only maintains records of material
essential to produce the products but also considers the average weekly consumption of
one particular material in factory so that production process may not be hampered due to
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i) Local Purchases
ii) Imports
In Domestic Purchasing, Yunas fan purchases raw material regarding the manufacturing
of, fans, washing machines, room air coolers, etc. and mostly for this purpose markets of
good standards are visited. Yunas fan purchases raw material locally from Gujranwala,
Lahore, Gujrat, etc.
In imports, Yunas fan mostly imports those materials that are either expensive or of low
quality in Pakistan. Importing is done to keep the standard of production high as well as
keeping per unit cost at some reasonable point.
The material that in included in imports of Yunas fan are:
G.S Electric Sheets
BAL baring
Here is list of those countries from which mostly imports are done by Yunas fan
Are from:
China
Korea
Japan
Production Department:
Production department in any organization is of immense value.
Performance, working, profitability, etc. depends upon this department. All the products
of organization are manufactured here. It is the department where force of organization
either in labor form or in financial form is applied over material to make products for the
organization. So that organization may sell those products in the market to get profit.
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Processing in
production
department
Finished
goods /Output
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