Vous êtes sur la page 1sur 47

2013

Starco Fan

INTERNSHIP REPORT ON
STARCO FAN LIMITED
Internship Report submitted to the Faculty of Management &
Administrative Sciences in Partial Fulfillment of the Requirements
for the Degree of Master of Business Administration.

Program & Session: MBA (2011 to 2015)

UNIVERSITY OF GUJRAT
Date of Submission
13.9.2013

Name of Program Coordinator ___________________


Signature of Program Coordinator_________________

Business Administration (MBA)


Page 1

Starco Fan

2013

Acknowledgment
All appreciation is for Almighty Allah the most merciful, gracious and beneficent who is entire
source of all the knowledge and wisdom awarded to mankind. The entire prayers are forever
in the name of Almighty Allah, who helped us in settings goals and objectives and blessed us
to reach the destination.
It will be unfair not to mention the name of person who helps us throughout the internship
and assist us in understanding the concepts. So our special thanks go to Malik Izhar
Hussain who is great source of inspiration for me. I am heartily thankful to all persons whose
encouragement, guidance and support from the initial to the final level enable us to develop
and understand of the internship Subject.

Business Administration (MBA)


Page 2

Starco Fan

2013

DEDICATION
I heartily Dedicated all the efforts to my Beloved elder Brother. Under their kind prayers, I
am able to do all those things for which others dream of
I pay my special thanks to respectful and beloved teachers who make me able to do all
efforts with courage.
May Allah bless all those people, who guide us in every difficult and critical situation.

Business Administration (MBA)


Page 3

Starco Fan

2013

Table of contents
Details
Executive summary
Mission, Vision and quality policy
Brief History
Certificate
Nature of the organization
Business volume
Products lines
PESTL Analysis
Organization Hierarchy chart
Number of employees
Main offices
Introduction of all departments
Comments on the organization structure
Brief introduction of internees office
Details of supervisors
Weekly timetable
Details description of tasks
Summary of learning
Conclusion of the report
SWOT Analysis
Recommendations
References

Business Administration (MBA)


Page 4

Page#
05
06
07
07
08
08
09
10 & 11
12
13
13
13 & 20
21
23
23
24 & 25
26
27 & 28
29
30 & 31
32 & 33
34

Starco Fan

2013

Executive Summary
I enjoyed the work during the internship. There were minimal problems which I faced
throughout my internship; in the early day of my internship I didnt know the system and
processes of the company. All the things i can do in the internship for the instructions of my
supervisor. The supervisors did not take into consideration my level or status. But at last I
solved the problems in a few days.
The internship was at a company called Starco fan. Gujrat is very popular through the fan
industry. This company is a small scale company is Gujrat. Larger scale companies are
G.F.C, Pak and Royal fan. This company did not have a separate department for working,
all the department merged with one another. There was no existence of a H.R department.
The C.E.O hired employees as and when the company needed. The C.E.O fired employees
when the employees were not worked according to the company requirements.
I spent a total of six weeks in the organization. I performed different types of activities in
different departments of the company. I spent three weeks in the account department, two
weeks in the sales department and last week in the purchasing department. In the account
department, I completed tasks such as journalizing to the posting of the data. There are
many books that are used in the account department. Local book, dealer book, general
book, Labour book and bank book are used in this department. The receiving and paying
books are used for cheques procedure.
In the sales department, the gate pass are used. I prepared the gate pass with the help of
dispatch. Working in the sales department was very simple.In the purchase department,
local book are used for working.

Business Administration (MBA)


Page 5

Starco Fan

2013

Company introduction
This company is working with the name of U.I industries. There are different brand of fans in
the U.I industries. Starco fan is the big brand of the U.I industries. There are many brands
in the U.I industries i.e. N.B.S fan, Orient fan and Gulf fan. All other names of fans are
brought by the U.I industries.
Our professional engineers and employees are fully enthusiastic to manufacture the
products of U.I Industries keeping in view international standard of quality in every single
stage of production. The followings are the featured products categories of U.I Industries.
There are try to increase his product line after the making a different type of products like
washing machines, electric machines which are used for mixing the liquids.
Mission:
To satisfy the customers in a broad network through manufacturing and delivering
the newer, better, efficient and cost effective unique products of international quality and
through best after sale services."
Vision:
To be a leader in the Home Electrical Appliances through continuous research and
development, venturing into newer horizons and creating a striking brand image of our
products in domestic and international market.
Quality policy:
We are committed to creating satisfying customers by providing them with fault free
products and services. We shall ensure quality by following well defined processes which
are improved on continual basis. For this purpose the G.M. of the factory is also watch the
worker which is working in the companys production department. The first priority of the
company is to provide the quality products to his customer. Best quality raw material is
brought from the best supplier of the fan industry. Just in time quality system is applied in
the company. The material brought in the company on that time when the material is
needed by the worker in the production department.

Business Administration (MBA)


Page 6

2013

Starco Fan
Brief History

Starco Fan Industry is a fast emerging name, providing highest quality in all kind of electric
fans since 1987. With our in house specialists, you are guaranteed quality manufacturing at
competitive prices. In 1997 we further strengthened our roots in fan industry by setting up a
wire drawing and flat bar manufacturing unit. The products are mostly supplied to Fan
Guard manufacturing units. We established a trading company and started supplying
imported as well as local nickel chrome materials and Brighteners of Master electroplating
and Briter in 2001.
Certificate:
It is the outcome of devotion and loyalty of our highly professional engineers and
employees with quality that our products are certified and recognized by the Pakistan
Standards and Quality Control Authority (PSQCA) and also by international authorities like
European Conformity (CE Certification) and ISO 9001:2008

Pakistan Standards and

Quality Control Authority:


The Pakistan standards and quality control authority, under the ministry of science and
technology, is the national standardization body. In performing its duties and functions,
PSQCA is governed by the PSQCA act, 1996. PSQCA came into operation since 1st
December 2000, working with 81 scientists/engineers and 254 supporting staff as selffinance organization, been given the task of not only formulation of Pakistan standards, but
is also responsible for promulgation thereof. PSQCA is a member of International
organization for standardization (ISO), International electro-technical commission (IEC),
and International organization of legal metrology (OIML). PSQCA has also been established
to advise the Government on standardization policies, programs and activities to promote
industrial efficiency and development, as well as for consumer protection.
European Conformity (CE Approved):
CE certification is the only way that manufacturers can export products into the European
Union. CE marking signifies that a particular product has passed a set number of criteria.
This streamlines the importation and exportation of goods. CE marking is becoming an
absolute necessity if you are a U.S. manufacturer--or a manufacturer from anywhere in the
Business Administration (MBA)
Page 7

Starco Fan

2013

world. Each product will have a different series of tests--for example medical equipment has
a different quality assurance guideline than household electrical equipment. High risk
products will have to conform to a longer list of directives. It is very beneficial for
manufacturers to obtain CE certification since it ensures that once the standards are met,
they are free to distribute goods throughout the EU.
ISO 9001: 2008:
ISO (International Organization for Standardization) is the world's largest developer and
publisher of International Standards. ISO is a network of the national standards institutes of
163 countries, one member per country, with a Central Secretariat in Geneva, Switzerland,
that coordinates the system. ISO is a non-governmental organization that forms a bridge
between the public and private sectors. On the one hand, many of its member institutes are
part of the governmental structure of their countries, or are mandated by their government.
On the other hand, other members have their roots uniquely in the private sector, having
been set up by national partnerships of industry associations.
Nature of the organization:
This business nature is manufacturing. It provides finished goods to its dealers.
Business Volume:
This business is of small level which makes product both at local as well as international
level.

Business Administration (MBA)


Page 8

Starco Fan

2013

Product lines
Our professional engineers and employees are fully enthusiastic to manufacture the
products of U.I Industries keeping in view international standard of quality in every single
stage of production.
The followings are the featured products categories of U.I Industries. Kindly click any of
your desired Products Category to view in detail.

PEST Analysis
PEST analysis is concerned with macro
environmental

framework

used

to

understand the impact of external factors


on strategic development of a business.
These external factors are political,
economic, social and technological.

Business Administration (MBA)


Page 9

Starco Fan

2013

Political:
Political factors have direct influence on an organization. Political instability in any country
has direct impact on its industrial sector. When any new government/party is set to rule they
introduce some tariffs which are in favor to them. These changes in policies on government
level can affect a business to great extent.
In previous days terrorism is a major political drawback of the country. It is also a threat to
any organization that they have to spend millions of rupees on their security purpose.
Energy crisis really damage industries in Pakistan. There is shortfall of thousands of
Megawatts shown in summer season and load shedding hours reach up to 6 to 8 hours a
day. To use alternatives of energy like generators increase cost up to great extent.
Economic factors:
Economic factors have direct impact on any organization. Due to high rate of inflation in the
country, prices of raw material increasing rapidly. Its hard for any organization to buy raw
material at higher price and sell the finished goods at lower prices with quality assurance.
Unemployment is also a major economic factor. Because of this evil buying power of public
reduce to great extent. Along with energy crisis prices of electricity and Sui gas are
increased very much and cost of manufacturing a fan increased as well.
Social Factors:
Organization only exists until people like its products or services. Social factors can
influence any organization up to great extent. Now a day there is a demand of battery
charging fans because of when there is no electricity general public use these fans because
of its less electricity consuming function. Starco fan made this type of fans.
Technological Factors:
Technological factors also influence a lot on a business functions. As technological
changes are occurring on rapid basis company has to adopt newest technology to remain in
competition and sustain its competitive advantage.

Business Administration (MBA)


Page 10

Starco Fan

2013

Starco fan is serving its customers with latest technological and quality products. Starco
fans research and development department is striving to introduce something new in
market.
Legal factors:
Starco fan is ISO registered firm and fulfill his corporate his social responsibility. This firm
is also registered from PSQCA and EUROPEAN CONFORMITY. This organization is
fulfills all the legal requirements of Pakistani govt. when he export to other countries of the
world. Large tariff rate is paid to the Pakistani govt. when he exports to the other countries
this is also a legal requirement of Pakistani govt. which he fulfills.

Business Administration (MBA)


Page 11

Starco Fan
Organizational structure
Organizational Hierarchy Chart:

C.E.O: Malik Ijaz Hussain


Production Manager: Malik Izhar Hussain
Finance Manager: Malik Arslan
Purchase officer: Mr Muhammad Tariq
Sales officer: Mr Muhammad Qasim
Account officer: Mr Muhammad Imtiyaz
Quality Controller: Mr Bashir
Supervisor: Mr Mubashar
Export officer: Mr Mubashar and Muhammad Pervaiz

Business Administration (MBA)


Page 12

2013

Starco Fan

2013

Number of employees:
There are at least hundred employees in this company. They have account department,
purchase department, sales department and production department.

Business Administration (MBA)


Page 13

Starco Fan

2013

Introduction of all Departments


Account Department:
There is an account department in the Starco fan company. Firstly data is collected
manually then data is converted into computerized form. They have installed software in
their system that software is called global world software. Incoming and out coming
amounts are noted in a book manually which book is called day book. This day book is of
so much importance. Records of daily work are noted in this book roughly. Remarks and
important things are also written in this book by finance manager. These instructions are
delivered to the employees by the time. This rough data is converted into finer one by the
account manager in the book. That book which is called general journal book.
There are different books are used for different data e.g.: Labour book, General journal
book, Dealer book, Local book, and bank book. Mr. Ali, who is headed in the department.
He writes this final data into its respective book, which is called posting.
General journal book:
Dr and Cr are noted separately in the general journal book. All the data are recorded in the
general journal book from the day book. In the day book data are recorded roughly but in
the general journal book same data are recorded in the finer form. All the data are recorded
manually and according to the rule of Dr and Cr. The data is saved in the book according to
the date wise. In the general journal book the Dr is written with the name of Banam and Cr
is written with the name of Jamaa.
Labour Book:
Now we will discuss labour book in detail. Accounts of all labour listed there in the book
separately. There are almost hundred people working there as labour. Details of the salaries
of the employees are listed their respective account. Data which is written in labour book is
taken from the general journal book.

Business Administration (MBA)


Page 14

Starco Fan

2013

This process is called posting. All the posting of data are on daily basis. There are two
types of labour which salaries are given on daily on daily and monthly basis. Type one is
given salaries on the daily basis and types two is given salaries on monthly basis.
General Book:
Now we will discuss the general book. All the expenses are listed in this book. There are
different categories in this book. They wrote different expenses in their respective category.
All the expenses are recorded in the Dr Side of the general book in their respective
account. All data which are written in the general book are taken from the general journal
book. When the expense is occur it is written in the Dr side of the general book. If the
expense is recovered then it is written in the Cr side of the general book. When we are
posting the expense in respective account then along with us totaled of the all previous
amounts in the previous date.
There is a category of incoming amounts in this general book. All the incoming amounts are
written in this book. There is a cash sale book which is used during the sale of fans in the
outlet for general customers. The outlet is in the company. This sale book is not used for
orders their dealers. We took this data from the cash sale book and wrote it into the day
book. Then this data transfer to general journal book and then transferred to general book.
We did the verification of the data from the cash sale book. There is discount for their
labour. They wrote that discount in the data also. In the general book all sales of fan
recorded in the Cr Side in the account of cash sale of fan. The date is written, amount and
also serial number are written in the general book when we are posting. The serial number
is taken from the cash sale of fan book.
Dealer Book:
Now we will discuss most important book which is called dealer book. Details of all
customers are written in this book. The people who are purchased directly from the
company this is called dealer. This company has many dealers through out of the country
and the foreign. Discount levels are different from every dealer.
The dealer who purchases fans on daily basis got high discount rather than those who
purchase monthly basis. All dealers have separate file of their account. In this file all details
Business Administration (MBA)
Page 15

Starco Fan

2013

of purchases of fans on the date wise, and amounts received are also recorded in the file.
The entire document which is related to the specific dealer is also saved in this file.
Local Book:
Now we will discuss a book which is called local book. This company purchases raw
material from vendors. Details regarding these vendors are written in this local book. Most
of the vendors of this company are from Gujrat, Gujranwala and Lahore. They wrote details
of the bills of those vendors in their respective account in this book.
Bank Book:
Now we will discuss the book which is called bank book. They have different accounts of
different banks in this book. Records of cash and petty cash are written in this bank book.
Those cheques which are collected by the company, it is written in the Dr Side of this
respective bank account. Those cheques which are paid by the company, it is written in the
Cr side of the specific bank account. There are two other books which are related to the
bank book. They are called receiving and paying book.
When the cheque is received by the company, firstly the cheque is recorded in the book
which specially prepare for the cheques. All the details about the cheque is recorded in this
book. Then we make payment through cheque, we are recorded the name of the party in
front of this specific cheque which cheque is delivered. The party is the vendors of the
company .Now we will discuss the receiving book. The details of cheques which are
received by the dealers are written in this book. There are some important things are written
in the receiving book which is related to the cheque. The name of the party which the
cheque is received, date, amount of the cheque and also cheque number are written. There
is another book in which details of the cheques are written on the monthly basis. Through
this book company can verify the cheques.

This company normally doesnt cash these cheques which are received. Now we will
discuss the paying book. These cheques are delivered to the other parties to whom
company have to pay the money. These parties are also called vendors of the company.
Business Administration (MBA)
Page 16

Starco Fan

2013

The information of these cheques is written in this paying book. The details of cheques
which are paid to the vendors are written in this book. In this way cash receiving and paying
procedure is completed.
Sales Department:
Muhammad Qasim is the sales officer of the company. His qualification is M.Sc Accounting
and finance. Orders are received by this person who is normally by phone. If the company
already has that order in its store room then that the incharge of the storeroom will make a
dispatch. Mr. Shaheen is the incharge of the storeroom. This dispatch contains the numbers
of fans which are being moved from storeroom to the truck.
The incharge will give dispatch to the sales person. Sales person will make a gate pass.
There are two types of gate passes. One is the special gate pass and another is the normal
gate pass. If the order is big then the special gate pass is used. If the order is small then the
normal gate pass is used.
After making the gate pass the sales officer will go to the C.E.O of the company. C.E.O of
the company will sign on the gate pass. Then the truck will move towards its destination.
There are there copies of gate pass with three different colours i.e. yellow, white and off
white. One copy of gate pass is given to the truck driver. One copy of this gate pass,
dispatch and the bill of the order is saved in this particular dealers file for further
processing. One copy bill and copy of bulti of order is transfer to the dealer through courier
service. Sales officer will transfer this manual data in to a computer through software. This
information in the dealer books and computer should be same.

Sales return:
If the is any fault in the delivered order. Those returned fans are received by the incharge of
the storeroom. The details of these returns fans and copy of bulti also received which is
Business Administration (MBA)
Page 17

Starco Fan

2013

sent by the dealer. Company replaces those fans with new ones and again send new fan to
the dealer.
Export status:
It is a very distinctive achievement of Starco Fans in a short span of time that Starco Fans
not only certified and recognized by the international quality authorities (ISO and CE
Approved) but also well worldwide received and demanded especially in the regions; Middle
East, Africa and Asia. It signifies the recognition and acceptability of our exceptionally
standard quality products and after-sale-services in a broad network.
Our honorable international consumers are using our quality products with full contentment
and integrity due to having life time guarantee, attached to our wide range of Ceiling Fans,
Pedestal Fans, Louver Fans, Wall Bracket Fans and Exhaust Fans. Their belief on our
cherished products and after sale services remarkably differentiates us from our
competitors and; thus creating a striking brand image of our products in domestic and
international market.
Our professional management, marketing and export team is very enthusiastic to extend
the exports of Starco Fans in all over the world through influential marketing strategy for
international market and meeting the global demand and need for quality products for all
environments.
Purchase department:
Muhammad Tariq is the purchase officer. His qualification is B.com. In manufacturing
business, purchase department have many importance. Because department has provided
raw material to the production department. Raw material is the base of the quality. If the raw
material is good quality then finished goods are produced according to the quality.
In Starco fan, the raw material is normally purchased from inside or outside the city. The
company purchases its material from Gujrat, Gujranwala and the market of Lahore. When
company need of raw material then the purchase officer will calls to the specific vendor. All
desired material is written by the other party. The vendors company sent the bill of order
and copy of bulit which are received. The raw material is collected by the incharge of the
Business Administration (MBA)
Page 18

Starco Fan

2013

storeroom. The person of storeroom checks the material if the material is according to the
requirement then accepted. If the material is not according to our order then it is rejected.
When the material is accepted then material is sent to the factory for the production.
The copy of bill and bulti are saved in the specific vendors file by the purchase officer. The
balance of local of specific vendor and file balance should be same.
Purchase return:
When the material is not according to the order then it is returned. If there are any defects
in the material then it is returned to the specific vendor. The copy of details of raw material
and copy of bulti are sent to the vendor. In a few days, the vendor sent the material
according to the requirement.
Production department:
The production manager of the company is Mr. Izhar. His qualification is B.com.
Starco Fan management:
Working force of the U.I industries consists of fanatical and loyal skilled team of our
professional engineers and employees who are fully committed to manufacture the
automobile products keeping in view international standard of quality in every single stage
of production. The computer aided processes and latest technological machines are used
to manufacture and assemble all of the models at the same time, thus allowing the demand
for the whole range to be met without delay. The entire computer aided process of
production and our loyal experts remarkably differentiate us from our competitors.

The production of Starco Fans is carried-out vast area of factory where our professional
engineers and employees are fully committed to manufacture the products of Starco Fans,
keeping in view international standard of quality in every single stage of production. The
computer aided processes and latest technological machines are used to manufacture and
assemble all of the models at the same time, thus allowing the demand for the whole range
Business Administration (MBA)
Page 19

Starco Fan

2013

to be met without delay.


The management has designed the production process that is highly flexible, allowing
different models, sizes, colors for domestic and international markets, to be assembled in
sequence. This entails considerable integration and co-ordination of the different
manufacturing areas to ensure that components and sub-assemblies are at their correct
stations along the production line at the right time and can be sequence fed straight into the
assembly line.
All the production units are fully incorporated with each other. The production management
and engineers continuously control and supervise each process of production in order to
maintain the high quality according to product design and need. The entire process of
product design & manufacturing is a world class, seamless, computer aided process, where
the computer work stations & the machines are networked on a dedicated Ethernet
network. This enables us to have full in-house control on the product and process
technologies. The management places a great emphasis on its staff, the lifeblood of the
company, and a great deal of effort goes into ensuring the right people are doing the right
jobs.

Business Administration (MBA)


Page 20

Starco Fan

2013

Production process
In fan industry there are different steps are use in fan manufacturing which are given below
1. WINDING:
Winder winds motor body which are called a stator in which winders with help of machine
give specific turns to wires through turn machine in which give number of turns to machine
then machine give a require number of turns to wirer and make coils winders these coils fit
in body then this part called a stator, coils fit in body slots through paper and cotton tape
and also it soldering for circuit take this part for varnishing for insulating his body to safe a
wire from shortage of circuit.
2. ASSEMBLING:
Firstly assemble a motor body after take stator from varnishing and close stator, rotters,
bearings, and capacitor, upper and lower cover with screws and heck his specific wattage
which is require for specific model like ceiling fan and pedestal fan with help of watt meter.
3. FITTING:
In which motor fit on rods with his blades, frames and foot and then to test they operate
according to his requirement and then give for paints, before send for paints in which
blades press after the use of press machine.
4. Paints:
At this stage organization decide a different colors use for different models where painters
give paint to fan bodies and finally give for packing in this departments use on different
electric pumps which are helpful in paints the plans and also in which use heat for the
making colors strength.

5. Packing:
Business Administration (MBA)
Page 21

Starco Fan

2013

In which use a paper and different type material like yarn and others there are different
packing for pedestal and ceiling fan before packing check fan through frequency meters
that fan operate in according to his requirement .in packing department they use a different
type of machines are used for packing like tape packing means after packing they use hold
the total packing body.
6. Store room:
In this industry store room play major role because provide all these inputs in time .it is
possible when all these products are in proper alignment so they have record all these
things in computer system where they use excel for to record it.
During internship I noted some inputs parts where is the basic parts of the
fan which are given below. CAPACITOR
BEARINGS
Rotors
Winding wire (coils)
Wires for supply
MOTOR BODY,
DIFFEERENT SIZE OF SECREW,
RODS
HIS FOOT, Cotton Tape, FAN FRAME and Machinery use to Rotate Fan
Also store keeper is responsible to arrange all these parts in proper space where they
manage in such manner where these parts are secure.

Business Administration (MBA)


Page 22

Starco Fan

2013

Comments on organizational structure


No alignment:
In this fan industry there are no alignment among the different type of department o they
cause delay in different of work and also there have no planning to ally
The different type department like production department aligns with store room
which reduces in taking all the raw material.
No use of engineering:
In this industry there are no use of proper engineering lie no mechanical and electrical
engineers use in this industry so they cause some time majors type of fault which are not
easily troubleshoot so the delay in production and all the work.
Hire illiterate employees:
Most of workers are hire in this industry are low level qualified means only employees have
experience and no have high qualified degree in practical work like mechanical engineering
and electrical engineering and other.
No proper lighting:
In industry there are different areas which are dark means no light exist so they have
different shape and some time because to create problems like to search out any require
things which have need at this time.
Nepotism:
If there is a vacancy in the factory then the owner give preference to his relatives.

Business Administration (MBA)


Page 23

Starco Fan

Part#2

Business Administration (MBA)


Page 24

2013

Starco Fan

2013

Work done by me
Brief introduction of internees office:
I worked in the account department of the Starco fan. The Starco fan is located in the site of
area Gujrat. The site area is the industrial area of the Gujrat.
Starting Date: 11-07-2013
Ending Date: 20-08-2013
Details of supervisors:
Mr. Imtiyaz is the account officer. It is the manual work is done in the account department. I
worked three weeks in the account department. Accounts works is very complicated.
Mr.Qasim is the sales officer in the Starco fan. His qualification is M.Sc. I worked in the
sales department for two weeks. I learnt so many things about the work of sale. There are
both type of the work done by the sales officer. Manual work and computerized work are
done by this department.
Mr. Tariq is the purchase officer in the company. I worked in the purchase department for
one week. I learnt the overview about the purchase of raw material of the company.

Business Administration (MBA)


Page 25

Starco Fan

2013

Weekly timetable
Following are the schedule or time table of mine at work place, which contains the
summary of my activities and task performed.

Business Administration (MBA)


Page 26

Starco Fan

2013

I spent first three weeks of my internship in the account department. In the first three days, I
see the work of the account officer. The person work done and also explained me how this
work are done. There are many books are used in the account department. At the start, I
remembered the books name.
In the second week, I worked by my hand in the account department. I am transferred the
rough data of the day book to the general journal book. This work is called journalizing. The
details of the account, his amount are written. When we recorded the data, the side is also
checked. There are two sides in the general journal book one is called Dr Side and second
is called Cr side.
In the third week of my internship, I am also worked in the account department because the
account department works are so much complicated. There is another reason because my
specialization in master of commerce in accounts. In this week, I am trained in the accounts
works.
Mr. Imtiyaz Sb.
Account officer:
Signature and Stamp:

Business Administration (MBA)


Page 27

Starco Fan

2013

In the fourth week, I came in the sales department of the company. The sales work of
company so much simple. In this, we worked only the dealer book. Dealer book are having
all the information about the customers of the Starco fan. The customers are also called
Dealer. I learnt about the gate pass which is used in the sales department.
In the fifth week of my training, I learnt about the sales return procedure of the company.
During this week, I learnt about the software which is used by the data entry. The software
name is Global world software. Through this software we saved all the data of the company
in the computerized shape.
Mr. Qasim Sb.
Sales officer:
Signature and Stamp:

Business Administration (MBA)


Page 28

Starco Fan

2013

In the last week of my internship, I moved in the purchase department of the Starco fan.
During this week, we learnt the overview of the purchase department. The purchase
department is related to the book which book is called local book. This book is having all
the information about the vendors.
Mr. Tariq Sb
Purchase officer:
Signature and Stamp:

Business Administration (MBA)


Page 29

Starco Fan

2013

First Week
Date
1st Sep,2012

nd

2 Sep,2012

Department
Account

Activities
At the first day of my internship, the companys appointed

department

officer said me Welcome and also told me a brief introduction

Cash

about the Starco Fans.


He introduced me about the different procedures that are

department

required for cash dealings. And said us to record their daily

Journal entry in transactions of their dealings in the form of entries. These

rd

3 Sep,2012

4th Sep,2012

voucher

entries were different nature like as of purchase and sale of

Cash

every outgoing and incoming stock.


In this day he told me the books of company, which they

department

make manual record for checking department like tax. He

Journal entry in

told me the voucher entry is record in books like purchase

books of

with sale tax and then mentions in credit which company

company
Ledger posting

they are purchasing, Chenab particle board.


This day he told me the company is posting each entry is
carefully in ledger. As we know we post each entry for
betterment classifying in ledger. I daily gave some time to

5th Sep,2012

Purchase

record journal entry in journal and ledger.


This day he told me the purchase invoice, they make daily

invoice

transaction invoice. Purchase invoice is that invoice as show


name which material we purchase from supplier. In this
invoice quantity of material purchase and then describe
where we purchase and show unit price, value of exclusive

th

6 Sep ,2012

Sale invoice

sale tax and rate of sale tax.


This day he told me about sale invoice .in this invoice they
show customer name, proper address of company, sale tax
register number ,quantity of sale, sale tax rate and exclusive
sale tax

Business Administration (MBA)


Page 30

Starco Fan

2013

Second Week
Date
8th Sep, 2012

Department
Software

Activities
This weak he told me about software, how to use the

Mozilla pro fox

software and how make entry in software. The special


feature related to the account department is the learning of
Mozilla. It is software in which I learned the following
seven terms which were used in it Transaction, Printing,
Production, Tax report, Report, Account, Final report,

9th Sep,2012

Transaction

Management and Special.


This day he told me about how the transaction enter in

Printing

software and which entry make in software. In transaction


the below entry make in software
transaction part
Purchase entry, General account entry, Cash and bank entry,
Bank charges, Purchase correction, Sale correction and Sale
and purchase return correction entry.
Printing
In printing section I learned following Invoice printing,
Goods received invoice, Sale & purchase return invoices,
Out gate pass invoices, Invoice list, Sale and purchase
register Excel file and Sale and purchase return register

10th Sep,2012

Production
I learned all types of transaction related to the production
department.
Production entries, Finish to Raw transfer, Scrap to raw
transfer, Scrap to finish transfer, Detail of production

Tax report
I leaned all applications of taxation in the Mozilla.
Following are included in the tax report:
Business Administration (MBA)
Page 31

2013

Starco Fan

Purchase register with sale tax, Supply register, Purchase


return register, Purchases register special excise duty (SED),
Stock register Raw material, Stock material, Summary of
invoices and Summary of sum of purchase invoice
11th Sep,2012

Report
In report I came to know about the following things:
Purchase of an item, Sale of an item, Purchase from a
supplier, Sale to a third party, Purchase from A party, Sale to
A party, Yearly sale analysis, Yearly production analysis,
Yearly consumption analysis
Accounts
I came to know about the following terms after learning
about the

Accounts:

General entry
General listing
Account history
Detail account history
Account history

Final report
After studying about the final reports I learned the
following:
Trial balance
Trial balance detail
Trial balance of Master level
12thSep, 2012

Management
Management is basically related to the software. I learned
the following points:
Accounts codes related
Product opening balance & rate
Raw code rating
Special
Business Administration (MBA)
Page 32

2013

Starco Fan

After receiving knowledge about special I came to know


about:
Amount search

Business Administration (MBA)


Page 33

Starco Fan

2013

Third Week
Date

Department

Activities

14th Sep, 2012

Production

After completed my work in account department they

Department

referred me to production department. Mr.umer fayyaz gave


introduction about him. He told me he is operation and
production manager and got education from north America
in specializes in operation management. He gave me little bit
information about department. In production department, I
visited it and came to known that different types of
machineries are used in the production.

15th Sep, 2012

16th Sep,2012

17th Sep, 2012

Production

At this day. He sent me within his secretary to know for the

Department

visit of the company to gain information about it..

Production

This day he told me about machine. And I personally visit

department

and stay in all department and production area.

Machines This day he told me about dov cutter which is used for
+Polish

resizing amortization and also I visit in assembling

department

department.

Business Administration (MBA)


Page 34

Starco Fan

2013

Fourth Week
Date

Department

Activities

19th Sep,2012

Human resource Muhammad Ali Riaz said us welcome in the human


department

resource department as the manager of HR department.


He gave me the general introduction of this department.
He told me the recruitment process of company

20th Sep,2012

Human resource At this day I was staying again in the human resource
Department

department. They hire 5 employees in their organization


during my internship..

21st Sep,2012

Human resource
Management

This day he told the salary policy, how they pay salary to
employees. He told me they have not proper policy they
are paying to some employees.

salary policy
22ndSep, 2012

Marketing

This day I visit marketing department this is not a proper

department

department, which is being managed by the marketing


Manager Ali Mirza.

23rd Sep, 2012

Marketing

This day was very interesting, because the Ali Mirza told

department

me the method by which the advertisement is prepared.


Here one other thing through which I got an experience
of practical.

24th Sep,2012

Meeting with At this day, I got a chance to sit in their auditors meeting.
Auditor

Their work was checked, some faults were discovered


along with some appreciation.

Business Administration (MBA)


Page 35

2013

Starco Fan
Fifth Week
Date

Department

Activities

26th Sep, 2012

Design department

It was fifth week of my internship, in which I was


having

some

information

about

the

design

department of Starco Fan.


27thSep,2012

Design department

I leaned the software which was named as Autocat. I


learned how this software works out. Following tools
were commonly used in this software.

28thSep, 2012

Design department

At this day, after demands, they told that when


customer places his order then they come firstly in
the design department.

29thSep ,2012

Material

At this day I met with Mr. Muhammad Asghar who

department

was the manager of material department. He told me


about the quality of raw material, he also told me
suppliers who were trustable.

30thSep,2012

Material

At this day I learnt about the all types of materials

department

that are used in the production of furniture, especially


wood, Polish, fabrication, nuts and bolts etc. they
were having the suppliers of all the types of material.
They have mostly permanent suppliers.

Business Administration (MBA)


Page 36

Starco Fan

2013

Sixth Week
Date

Department

Activities

1st Oct,2012

Management

It was the last week of my internship when I have a


complete knowledge about all the production process. At
this day I spent with the management. They told me about
the hierarchy; financial structure, history, and all that type
of information which i need in my internship report, but
these were missing.

2nd Oct ,2012

Management

At this day, I analyzed the financial structure of the last 2


years that the company was going in what position. I
analyzed the debt, equity, liquidity, asset, liabilities,
expenditures and revenues.

3rd Oct ,2012

Management

It was too much good experience which I learned here. I


said them to prepare my internship letter. I received and
came back.

Business Administration (MBA)


Page 37

Starco Fan

2013

Details Description of tasks


Firstly we performed account work. In which we studied different account book and also my
supervisors give me guidance how to perform work. And also give me some documents to
perform a work of verifying. We verify a cheque we had received and maintain records
manually these cheques. And also to perform work cheque payments which paid and also
record in the cheque book.
There is also separate account of labor and transfer data in the labor book. Local book
have all the vendor accounts.
Sales department
In the sales department with the help of dispatch receipt and I made gate pass. The
dispatch is made by the store man of the company. The copy of the bill is sent to the dealer
through courier service. And one copy of bill, one copy of bulti is attached in the file of
relevant dealer. I did this work in the sales dept.
Purchase department
The purchase department is responsible for the smooth working in the factory I transfer the
data in the local book. I also verify the balance of the software and local book.

Business Administration (MBA)


Page 38

Starco Fan

2013

Summary of learning
What skills and qualifications you think that you have gained from the internship?
I gained so many things during my internship. I learnt the method of talking as the
professional people are talked. I learnt so many things through my observations. I learnt the
professional dressing is dressed. This type of dressing is the requirement of the market.
What kind of responsibilities you have undertaken during the internship period?
Firstly we performed account work. In which we studied different account book and also my
supervisors give me guidance how to perform work. And also give me some documents to
perform a work of verifying. We verify a cheque we had received and maintain records
manually these cheques. And also to perform work cheque payments which paid and also
record in the cheque book.
How do you think the internship will influence your future career plans?
Yes, I thought that this internship will influence my future career plan. We knew that the
practical life is not easy. The modern age is having so much competition as compare to
early age. The practical life is given value to the experienced person. We got experience of
one and half month. The experience is so much value in the practical life. Education is
much value but I thought that experience is more value as compare to the education.
And also in our region there are more fan industry are exist so after internship I want to start
my job career in any fan industry so this internship provide a first step to increase my
confidence for future job career and without hesitation I can apply for the job in fan industry.
How do you think the internship activities that you carried are correlated with your
classroom knowledge?
During internship I had also observed that there are no different in practical work which
about already had study in our books but work perform according to business nature means
the roots and bases behind the things which had studied like I am the student of account in
industry maintain different accounts related to different transaction after the collection of
information which are the main source in industry of the information is voucher system.
Business Administration (MBA)
Page 39

Starco Fan

2013

Also observed during internship that the how the change his behavior in different type
situation which had studied in different books and also work and reporting to his higher
authority system. I study total quality management which had studied already but how to do
in industry it is possible during my internship like how to make standard in internal
organization an also how to conduct a reporting system for the managing the quality.

Business Administration (MBA)


Page 40

Starco Fan

2013

Conclusions of the report


Summary of key conclusion:
In the first day of my internship in the Starco fan, I felt fear about the new environment, new
people, place and everything is new. It is my first time to enter in the professional life as an
internee. The time spent on the new people then the friendly environment is created. After
the three day, I knew about the people attitudes, behavior and habits through my
observation. Then I am enjoyed in my internship work. Time is so much importance of our
life. Time begins the change the situation between the fearer conditions to the enjoyed
environment.
During internship also I had observed that in professional field all the work even firm is
small and big is done with proper channels and all the people perform work in proper
departmentalization which cause the work done in good line and also everybody is
responsible for his work and also made proper documentation in which strive to maintains
all the things which are necessary.
General observation about the sector
In fan industry have more growth because due to changing in weather condition according
to my point of view there are sudden changing take place in this era. There is change
weather in hot conditioning so there are more chances to increase demand in other regions.
For the fan industry there is no use complicated technology and machines so these type of
business less costly and increase hi production is possible.
Due to electricity short fall there are large different type of problems are exist it also control
after the purchasing of electricity generators which are manage after the making the proper
planning.

In sector can easily manufacture other products means we can increase his product line
like washing machines and other which are mention in product line. This sector is growing
Business Administration (MBA)
Page 41

Starco Fan

2013

so fast as compared to other industrial sector of the country. This sector also provides a
great foreign currency to our country which can increase the currency rate of our country.

Business Administration (MBA)


Page 42

Starco Fan
SWOT Analysis
It is very important for any organization to know
about its strengths, weaknesses, opportunities and
threats to compete in the industry. So, by the help
of

environmental

analysis

and

organizational

structure I can find out the opportunities and


threats and strengths and weaknesses.
Strengths:
Low cost
Experience of owner
In management they involve family member
Young people hire as a worker
Weakness:
Overburden on employees.
No innovation.
Low capital.
Lack of policy.
Badly performance of management.
Old methods of solving problems.
No investment research and development
Opportunity:
Environment changes
Establishment of brands in the export market
Increase in demand due to increase in population
WTO allows to more exports
Location
Engineering institutes

Business Administration (MBA)


Page 43

2013

Starco Fan

Demand in Europe
Due to rapid change in weather
Cheap labour
Supplier exist in local market
Threats:
Corruption
Rise in prices of raw material
Major fan markets Japan Korea and India
Technology shifts
Negative image of Pakistan
Fan substitutes
Low entry and exist problem
Economics crises
People focus on imported products
Large competition
Change in govt. policies
Change in international quality rules and regulations

Business Administration (MBA)


Page 44

2013

Starco Fan

2013

Recommendations
During my internship I have seen many problems and I have some solutions of the
problems in the Starco fan company.

The working environment are so much struck, there should be friendly environment
are created in the company.

There is no separate department in the Starco fan; there must be separate


department in the company.

The Salaries of office staff are low as compare to their works. The staff is not
satisfied with the package of pay.

There is no existence of HR department. There should be HR department in the


company.

There is overburden of work on the employees. There should burden of work on


employees according to the standard.

In the Starco fan there is almost manual system adopted. There should be adopted
complete computerized system.

There is no R&D department in the company. The company should invest in the
department for the future outcome.

There is less commitment among the employees. We should work for the problems
among the employees.

Top management should be awarded the bonuses for the best performance of the
employees on the month.

There is no policy of promotion in the company. There should be proper policy of


promotion in the company through the policy the employees are so much confident
about the job.

There is no arrangement of food facility in the company; there should be a canteen


in the company for the employees in this way time of worker working in production
dept. is saved.

The company is follows the centralized system, the company should follows the
decentralized system. Because the employees are the backbone of the company.

Business Administration (MBA)


Page 45

Starco Fan

2013

The suggestions of employees should be included in the decision making.

There is no marketing of the products; there should be markets of the new style of
the products.

There is less advertisement of the products; there should be separate budget of


the advertisement of the new products.

The area of Gujrat should be capture by the company.

The company has already export of products; the volume of exports should be
increased. Because through exports the company earned more profit.

In this fan industry also have no quality department only have checkers according
to my point of view they establish quality department which have his management
system which also have own documentation and reporting system because they
want it increase his product line if they not to establish then they bearer heavy losses
in different shapes like wastage of raw material, and also there are large number of
goods return from the dealers which cause to flap deferent products which have
already more expenses.

If there is a good room for the staff working in the company then the time of staff
also saves.

Worker also face some difficulty when they come at work in the morning time
because gate keeper check them and he take more time you also trust on your
employee.

Bonus and salary schedule is also provided to the worker before giving them these
things.

Worker is not awarded as they work very hardly and honestly.

If there is proper communication in the whole factory then the time of all dept is
also saving.

Business Administration (MBA)


Page 46

2013

Starco Fan
References

www.starco.com.pk, Retrieved August 1, 2013, from


http://www.starco.com.pk/company/certifications.htm

www.starco.com.pk, Retrieved August 4, 2013, from


http://www.starco.com.pk/company/production.htm

www.starco.com.pk, Retrieved August 9, 2013, from


http://www.starco.com.pk/company/management.htm

www.starco.com.pk,

Retrieved

August

http://www.starco.com.pk/index.htm

www.starco.com.pk, Retrieved August 20, 2013, from


http://www.starco.com.pk/products/index.htm

Business Administration (MBA)


Page 47

15,

2013,

from

Vous aimerez peut-être aussi