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INVENTORY

SB GROUP OF COMPANIES (PVT) LTD.

Department of Management & Social Sciences
Capital University of Science and Technology, Islamabad 2016-17

CERTIFICATION

SUBMITTED BY:

Syed Numan Zafar BMBE 163018

Muhammad Ali BMBE 163015

Has been approved for partial fulfillment of the requirement of the degree of
Masters of Business Administration (Prof.)

_______________________
Supervisor
Mr. Muhammad Umar Toor

Capital University of Science and Technology, Islamabad
Department of Management & Social Sciences
2016-17
ACKNOWLEDGEMENT

We would like to express our special appreciation and thanks to our supervisor, Professor Umar Toor for his guidance, encouragement and valuable comments through every phase of this work. It has been an Honor and privilege to be one of their students.

We would like to thank Mr. Naseer Ahmad Rao, Manager SB Group of Companies (Pvt) Ltd. for giving us his valuable time and guidance to finish this project.

Above all, I could not have completed this program without the help of Almighty Allah, whose Mercy, grace and love are sufficient and abundant during the project period.

Contents
Table of Contents
Chapter 1 5
Topic Background 5
Chapter 2 5
Company Background 5
Mission 7
Vision 7
Overview 8
Group Owners 10
Core Value 11
Sadiq Poultry (Pvt) Ltd. 11
Breeder Farms 12
Layer Farms 13
Broiler Farms 14
Hatcheries 14
Sadiq Feeds (Pvt) Ltd. 16
SB Pharma 18
Dr. Sadiq Foudation 20
Establishment Timeline 24
Departmental Structure 26
Management Structure 27
What is the Inventory Control? 28
Problems 28
Chapter 3 36
Scheme Of Study 36
Chapter 4 37
Result / Conclusion 37
Current Situtation 38

CHAPTER-1

Topic Background:
We choose a topic of Inventory Control System, it was a very huge and serious problem of SB Group of Company Pvt. Ltd., Old inventory system is manual system which took a lot of time and many problems occurred due to manual inventory system. This Inventory System has been changes from manual to Automated Inventory System. In this regard we have to meet the Inventory Manager of SB Group of Company Pvt. Ltd. He gave his precious time by telling the Inventory Problems, Solutions & Conclusion. First of all he told the major problems of Manual Inventory System, It takes a lot of time of record keepers and faced many difficulties. As such difficulty of record keeping in we have to record transactions into many ledgers accounts which must be required a huge place and the searching of Inventory Accounts is so difficult and time consuming. The saving of that record is nearly impossible it can be waste easily, it can burn in fire, it can be lost and it can be miss place very easily. The Chances of fraud are at its peak and a lot of errors are becoming more on daily basis. The whole staff was extremely struggling from this data system. We have to manage or taking an alternate data inventory system because this manual data inventory system is not more workable. Because SB Group of Companies has a lot of units at different sites therefore control of Inventory is very difficult. The Inventory Control Manager said we want the system which is complete fulfilled our all requirements, in this way Head Office also come to know every transaction, Transfers, Stock detail.
We choose the Inventory problem because one of our group member is working as an Accountant in SB Group of Companies Pvt. Ltd. In Sihala Ware House. Sihala Ware House is the main ware house of this company. Estimated there are a large number of items have in the Main Ware House (1500 items stock). The cost of stock is too high; the entire inventory is the asset of the company. The company doesn’t want to lose anything from the stock. Sihala ware House is the main store of this company and if any unit wants something then they demand to head office and Head Office orders in Ware House, then the Equipments transfer to that unit from one boundary of Pakistan to the other. Stock consists of Shed Equipments, Electric Items, General Items, Inlet system, Feeders, Medicines, Disinfectant and Chemicals. Feed line, Tunnel Fan System is also available in their stores.

CHAPTER-2
SADIQ GROUP OF COMPANIES
(PVT) LTD.
Producers of
Day old chicks, Table Eggs, Chicken meat, Poultry Feeds, and livestock pharmaceuticals

New products in line: Human Pharmaceuticals and Oil Extractions

HEAD OFFICE
48-C, Satellite Town, ChandniChowk
Rawalpindi, Pakistan.
Tel + 92 (51) 111505050
Fax +92 (51) 4451191
Emial: mail@sadiqpoultry.com

To provide a comprehensive range of competitive products and technical services to our customers through adoption of innovative technology and effective resource management. We aim at achieving this goal by maintaining high ethical and professional standards in ourselves and our products.

To maintain our edge as leaders in Poultry Industry through honesty, healthy corporate practices & customer excellence.

Sadiq Group is one of the leading poultry business groups of Pakistan. The Group is unique in its commitment to innovate and provide premium quality poultry products. Sadiq Group has always sought its core values from integrity and customer satisfaction. The Group’s progress is based on its corporate objective to be ahead in everything.

Financial strength of the Group has enabled it to create an effective image and a legitimate landmark in diverse sectors of the economy. The Group has continuously invested in its existing operations and has also developed new business areas of interest.

Sadiq Group came into existence around 4 decades ago, as a small family concern of Dr. Muhammad Sadiq. Over the years it has made phenomenal growth to become one of the leading entrepreneur in Pakistan. The Group has the following products and services in poultry sector:-
SB Chicks - Day Old Chicks,
SB Feeds - Poultry Feed (mash, crumbs or pellets)
SB Pharma- Veterinary pharmaceuticals (for poultry and livestock)
SB Labs- Poultry diagnostic laboratory
SB Eggs- Fresh table eggs
SB Chicken- Fresh Chicken meat
SB Egg Trays- from Environment friendly paper pulp
SB Organic- Natural fertilizer made from manure
SB Oil-

Following entities are working under the umbrella of Sadiq Group:

Sadiq Poultry (Pvt.) Ltd.
Sadiq Feeds (Pvt.) Ltd.
SB Pharma
SB Packages
Sadiq Oil Extraction (Pvt.) Ltd.
Arslan Poultry (Pvt.) Ltd.
Dr. Sadiq Foundation.

The group has sales offices in all major cities of Pakistan and a network of agents in all towns of the country, the corporate headquarter is in Rawalpindi.

The capital strength of the group is well known in Pakistan and abroad with annual turnover exceeding Pak Rupees 26 Billion (258 Million US$)
in 2012-13
A small family business has now evolved into a historic driven set up involving 6000 families directly and around 300,000, indirectly.

The history of Sadiq Group is the history of commercial poultry in Pakistan itself. The journey of the Group started as a small broiler farm, but has since then expanded and diversified to become one of the leading companies in the country. It now operates Poultry Breeding Units, Commercial Egg Production, Livestock Pharmaceuticals, Broiler Production, Grain Storage and Livestock Feeds, commercial poultry feed mills, a pulp production plant. The group operates from offices in all the major cities in Pakistan and a strong distribution network, countrywide.
The business was started by Dr. Muhammad Sadiq and his two brothers, in Partnership, (Sadiq Brothers Poultry) with expansion as Jadeed Poultry Farms a sister concern, years later. Then all businesses were merged into Sadiq Brothers and finally were shifted and divided into private limited companies in 2004.
Sadiq Brothers now exists in the names of Sadiq Group.

GROUP OWNERS

Dr. Mohammad Sadiq, Chief Executive

Dr. Muhammad Sadiq is a veterinarian by profession and got his DVM degree from University of Agriculture, Faisalabad (Pakistan) in 1974. Currently he holds additional portfolio of President Poultry Disease Control Committee in Pakistan. He was Central Chairman of Pakistan Poultry Association earlier. He is presently President of World Poultry Science Association of Pakistan Branch. He has been conferred award of Top Man in Poultry Industry of Pakistan by American Soyabean Meal Association. It has the distinction of being awarded commendation certificate by Government of Pakistan for highest Broiler Chicks Production.
Mr. Asif Zubair Sadiq, Director

Mr. AsifZubair Sadiq eldest son of from Dr Muhammad Sadiq's first family, he looks the operation and production at all Feed Mills. Mr. Zubair Sadiq holds Bsc animal sciences degree from North Carolina State University U.S.A. He joined the business after his graduation.

Mr Salman Sadiq, Director

Mr Salman Sadiq youngest son from Dr Muhammad Sadiq's first family, he is a post graduate in poultry sciences North Carolina state university USA. He joined the business after his graduation in 2004. He presently manages affairs relating breeder farms, Layer Farms, Broiler farms and hatcheries.

Mrs Rasheeda Bagum
Mrs Rasheeda is the first wife of Dr Muhammad Sadiq, She is a house wife.

Mrs Sadia Sadiq, Director
MrsSadia is the second wife of Dr Muhammad Sadiq, She is a house wife.

Sadiq Groups’ core values are derived from SADIQ - The Truthful, which means to us below:-

Standard:-Making excellence our standard that results in only the best.

Adaptable: Adapting to the ever changing customer requirements in a world of competitive environment.

Determination: Consistency in all our operations has led us to customers’ confidence, with any given situation we take it heads on.
Innovative: We are fully aware of the modern world’s technology and incorporate it in each step of our production that makes us trend setters.

Quality: Quality remains our hallmark and pride that makes us dependable.

SADIQ POULTRY (PVT) LIMITED
Sadiq Poultry (Pvt) Ltd was incorporated on September 17, 2004 but its roots go back to 1977 when Dr. Muhammad Sadiq, Chief Executive of Sadiq Poultry (Pvt) ltd, established his first poultry farms.

The Company has its Chicks Sales offices in all the major cities of Pakistan. The head office of the Company is located in Rawalpindi, quite close to Islamabad the capital of Pakistan. The capital strength of the Company is well known. Its yearly turnover is over Rs. 4.5 billion. The work force of the Company exceeds 2200 personnel.

BREEDER FARMS

The Company maintains parent flocks of different breeds i.e. Hubbard, Cobb and Arbor Acresand soon Ross from November 2013. One year placement exceeds 1.0 million parents female in its21most modern breeding farms with state-of-the-art facilities. Latest farms are equipped with environmentally controlled systems from SKOV (Denmark), Drinking and fogging Systems from Lubing (Germany), Fans from Munter (Italy) or chore-time (usa). The foreign suppliers monitor these systems on regular basis as per terms of after sale service. These farms are located in ideal places from climatic, hygienic and bio-security point of view.

Farms are managed most efficiently by highly trained and experienced staff and monitored with well-equipped Lab. Best equipment with best practices help to achieve highest standard of immunity, maximum livability and in return high levels of performance. All eggs produced on these farms are transported in Company’s own vehicles to its hatcheries located in different parts of the country, for incubation.

Be Be Jan Farm
Biggest breeding farm of the company housing 220000 females
The breeder flocks are vaccinated against all known poultry diseases and their eggs are free from the following bacteria: Mycoplasma Gallisepticum, Mycoplasma Synoviae, Salmonella Pullorum, Salmonella Gallinarum, and Salmonella Paratyphimurium. Flock health is regularly monitored by monthly testing of immunity titers against all known poultry diseases. The chicks we produce are sold to farmers via a marketing team of staff. We have more than75 chick master multistage machines installed. it produceson an average of9 million chicks per month.

LAYER FARMS
The company has a capacity to maintain 2.1 million laying birds in production at all times. The cages systems are selected on the basis of quality and performance.Latest equipment of the world renowned companies are installed, most big Dutchman (Germany), secondly chore-time (USA) and Salmet (Italy).

BROILER FARMS

The company has more than 80state-of-the-art broiler sheds to produce average 1.5 MillionKgs (1,500 MT) of broiler meat per month. The broiler houses are also equipped with latest equipment of the world renowned companies i.e. Roxell (USA), Chore Time (USA), Big Dutchmen (Germany) and SKOV/Viper controllers, automatic static pressure controls for minimum ventilation system.

HATCHERIES
The company have five hatcheries located throughout Pakistan. Poultry incubation systems imported from USA (Chicks Master International) are installed in these hatcheries. We have signed a deal with chick master in November 2012 and hatchery building is under construction having 48 Avida single stage machines for broiler production. This one hatchery will produce up to 8 million chicks a month when fully up and running

The hatcheries are managed with up to date facilities include modern air conditioning, humidification and fresh air supply systems for the proper incubation of eggs. Any dirty eggs produced at farms are washed by MST (UK) washing machines for proper sanitation of the hatch able egg surfaces. The eggs in the hatcheries are graded by using the MOBA system grading machines. It is a weighing machine, calibrated in five gram steps. There are four compartments each calibrated to a weight range – 40-45 grams; 45-50 grams; 50-55 grams; 55-60 grams and 60-65 grams. Eggs weighing more than the respective weight range pass through the slot and are graded. This ensures uniform hatch and ultimately the production of uniform chicksand broilers.

Business Growth Prospectus;

The prospects for healthy business growth in the poultry sector are eminent. And Poultry Meat is a good substitute of Meat and beef. Poultry meat is a cheapest source of animal protein available in the country. Hence consumption of Broiler meat is increasing day by day. The annual growth of poultry in Pakistan is (8-10) percent. (Economic survey of Pakistan, 2008-09) due to which there is demand for day old chicks.

Key success Factor
The key success factor for the Sadiq Poultry (Pvt) Ltd
1- Modern Farms
2- Farm management on most scientific basis
3- High quality breeder flock
4- Isolated farms
5- Tight Bio Security on Farms
6- Suitable Hatcheries location for quick access to market
7- Fully automated cage systems

SADIQ FEEDS (PVT) LIMITED

Sadiq Feeds (Pvt) Ltd was incorporated on July 07, 2005 through change in name of Prime Feeds (Pvt) Ltd. That was acquired by Sadiq Brothers Poultry in 1996. The capital strength of the Company is well known. Its yearly turnover is over Rs. 12.000 billion. The work force of the Company exceeds 800 personnel.
Sadiq Feeds (Pvt) Ltd has two production units producing Poultry Feed & Cattle Feed. One is situated at GT Road, near Mandra and Second poultry feed mill is situated at Lahore-Multan Road, Sahiwal.

Feed Mill Mandra has a production capacity of 70 M Ton per hour and Sahiwal Feed Mill is currently producing poultry feed with one Plant of 70 M Ton per hour. Extension is in process of construction/installation that makes the Mill capacity to 110 M Ton per hour in near future. These feed mills are equipped with modern hi-tech pellet lines of Buhler, Switzerland

These mills produces different types of poultry feed for birds of different age groups. Feed formulation is computer-controlled using Brill feed management software (used by most major companies), but it is programed by a nutritionist. This state-of-the-art pellet line is completely automatic and is computer-controlled. The pellet mill has two conditioners to ensure a longer residing time of the mash in the conditioners, enabling complete destruction of pathogens present in the feed. Feed ingredients are subjected to various Lab tests.

To ensure highest quality feed the Company has established R&D facilities and employed specialist staff headed by experienced and competent managers who hold Doctorate degrees in nutrition. The quality of feed that produced by these mill rank among the bests.
The Company has its Feed Sales offices in all the big cities of Pakistan and network of agents in all towns of the country. The head office of the Company is located in Rawalpindi, quite close to Islamabad the capital of Pakistan.

Products

Complete range/grade of mesh and pallet feed for poultry.
• Over 40 different formulations /mix are available according to the type of bird and its age.
• Medicated feed is also available on request.
• Cattle feed (SBWanda) experiments have shown 15% milk production increases when given SB Wanda as compared to normal silage.

Major Suppliers
Some of the major suppliers are:
• Major imports (Almost 20% of total purchases) from India, China, USA, Europe, Malaysia etc.
• Glutton from M/s Fauji Corn Complex, Rafhan Maize Products.
• Molasses from M/S Al-Mustaqeem Traders, M Sultan, Samundri
• Meal, from Macci Corp. Multan, S.M. Munir, Multan, Mars Entp. Multan.
• Grains, from Punjab & NWFP several parties
• Premix material from Mehta Brothers, B.A. Traders, Lahore

Key success Factor
1. The key success factors are: Purchase of ingredients at low prices and maintaining stock. Because some seasonal growing crops, are available at low rates during season for which. We have sufficient storage capacity. Sadiq feeds has up to 250 000 m tons grain storage facility (silos) and more then 600 000 sqft meal storage covered area
2. Feed formulation is main factor, because it is a chemistry by which we can produce feed at low cost with full of nutrition required for each category of Feed.
3. Use of modern equipmentto enhance the quality of products.
4. Induction of most talented and experienced staff has an edge on competitors.

Company Strategy
The company strategy is to fully utilize its production capacity so to minimize its production cost and thus earn highest growth in the stock holder’s wealth

SB Pharma
SB Pharma, this unit is located in Capital territory of Islamabad. Production staff includes Manager Quality Control holding B.Pharmacy and M.Phil Pharmaceuticals. This unit manufactures and sells Veterinary medicines within the country as well as abroad. Products include Feed Premixes, Antibacterial, Oral solutions, Powder, Injectable and supportive therapeutics.

Raw material for these products is imported from world renowned companies like Roche (Switzerland), Degussa (Germany), Merial (France), ICN (USA) and Elanco.

SB Pharma is equipped with modern machinery for pharmaceutical manufacturing. Syrup section is protected with Captive Air (USA); Formulation section is fabricated with Millipore SS grade material of Japan. The injection section is fabricated with Millipore System (USA) and Japan. The injection glass used in the preparation of injection is USP grade ONE imported from France and Korea along with seal and rubber which is packed in thermopore to protect from light and breakage during transportation. All powder preparations are mixed in SS mixers, dried in fluid bed dryers and granulated in imported granulators to avoid dustiness of products. The powder preparations are packed in inner- coated sachet and plastic Jars. Premixes for feed are packed in Polythene bags of 25 Kg each.

SB Pharma has the facilities of quality control analysis, pre and post product evaluation, syruping, powdering, granulation, fluid drying deionization, sterilization, sealing, packing and labeling. It has the facility of Research and Development for existing and new products. An International Standard Quality Control Laboratory exists, equipped with the modern analytical facilities including ultraviolet photo spectrometry, HPLC (High Performance Liquid Chromatography), Thin Layer Chromatography, Autobiography and titration tests for all chemicals used in the pharmaceuticals.

SB Pharma has brought a whole new dimension to quality products and given a great impetus to its business, it supplies a wide range of products for livestock, poultry and offers technical know-how to feed producers, poultry farmers and breeder farmers.
SB Pharma has, within a short span of time, out marketed others and captured the top position, it enjoys reputation of excellence, and its products are in great demand in the market for their high quality, reasonable price and efficient delivery system throughout Pakistan.

Dr. Sadiq Foundation
Vision
To identify, create and develop community cohesion at gross root levels by realizing and meeting the needs of communities in a mutual and cooperative manner and thus enriching the social fabric of society by exploring Islamic norms, ethics and brotherhood.
To deliver support and help to needy individuals in the form of monetary support and also by providing services to deprived people. In addition to this “the right advice at right time” will also be given to individuals regardless of which part of the society they come from. This will include not only to the “Haves Not” segment of the society but also to the “Haves” in terms of right advice at right time when they really need.

Mission

1. To improve the quality of life of individuals from the deprived and underprivileged class by inculcating education and bringing health awareness and care especially of the youth and women with Mother-Child Health as focal address.

2. To provide support to individuals facing natural calamities and disasters together with internal warfare which often results in internal displacement of population and increases the number of widows and orphans, who often lead a life below the poverty line. Marriages of orphan girls need respectable attention in terms of seen off ceremonies with minimum dowries and a least cost hosting to the bridal guests.

Objectives

a. To help and provide support to deprived individuals in particular orphans, widows, and people with seen and unseen disabilities.

b. To establish and manage educational institutions viz. technical and vocational for basic education, adult literacy and advanced studies including special education.

c. To provide scholarships and educational grants to students.

d. To set up and run medical and social facilities which include the following:

• Hospitals
• Nursing homes
• Maternity homes
• Mother and child care centers
• Mobile clinics and dispensaries
• Old age homes for the elderly of both genders
• Shelter facilities for people who need a shelter
• Orphan facilities
• Training and short course institute

e. To work for the development of human resources by the promotion of social and economic well-being of masses, uplift of social status and community mobilization for prosperous society.

f. To run aid programs providing relief and support to the most needy in society.

g. To ensure effective marketing of the organization and its projects via print and publish periodicals, brochure, books or leaflets. This will help the organization to further achieve its objectives.

h. To accept donation, grants, contributions, Zakat etc. to deliver projects successfully and for onward distribution.
i. To purchase, take on lease or in exchange, hire or otherwise acquire any immovable property and any right or privilege for the promotion of trust mission and objectives.

j. To sell, alienate, transfer, convert or otherwise dispose of or deal with properties, assets or profit of the Trust in the interest and promotion of cause of the trust.

k. To borrow or raise money and to advance or give credit either with or without security to and from such persons or companies as may be considered fit in the interest of the trust and its stakeholders.

l. To associate and work with any agency on the lines decided by the Board in the interest and in accordance with the objectives of the trust.

m. To assist the needy persons in establishing their business activity, to meet education expenses by extending “Qarz-e-Hasna” or non-returnable loans.

Current Activities
Benazir Bhutto Shaheed Hospital Food Project
• There are 21 employees in BBH- Food Project functioning in 2 shifts viz morning and evening under the designated shift incharge. (The BBH food project consists of 21 employees that operate in a two shift pattern which comprises of a morning and evening shift overseen by the shift in charge).
• Four vendors have been selected after a strict procurement process to provide an un-interrupted supply of raw material and food items to the food project.
• Volume and Breakup of 3 times meals to the indoor patients of BBH is as under:

During 2010 (From March 01 to December 31) 110,993 persons
During 2011 (From January 01 to December 31) 138,547 persons
During 2012 (From January 01 to December 31) 132,129 persons
During 2013 (From January 01 to May 31, 2013) 53,106 persons
Total 434,775 persons

• Dr. Sadiq Foundation sponsoring the salary of following Medical
Staff in BBH

Medical Officer 2
Staff Nurses 4

• Dr. Sadiq Foundation has sponsored a complete dialysis unit (Dialysis Machine & Reverse Osmosis) in the dialysis ward of BBH.

Assistance to unprivileged
Help to 7 types or categories as under; prioritized according to seriatim order:
1. Financial help periodical or one time
2. Financial help for self Business in order of self reliance
3. Financial help for education
4. Financial help for sickness
5. Financial help for marriage of orphans male or female
6. Financial help for Qarz-i-Hasna
7. Financial help to the Organization
Sewing Centre at Girja Road, Rawalpindi
There are 8 sewing machines and 25 trainees with one qualified instructor paid by DSF.
Sewing Centre at Village Mujahid, Chakri Region
There are 20 trainees having own sewing machines except 5 which have been supplied by DSF with one qualified instructor paid by DSF.
Govt. Post Graduate College for Women, Satellite Town, Rwp
DSF sponsoring salary of 3 lecturers of graduate and post graduate classes.
Monthly Scholarships
Presently figure of monthly / quarterly / scholarships is 174 including widows, orphans, old men, old women and deserving students etc.
DSF DESPENSARY AND MATARNITY HOME AT CHAKRI
Parent company has many units in the area and employing around 1200 people, there is no proper health facility in the area so we are under way of developing care centre and looking to acquiring and running couple of BHU’s in the area.
DSF Mega Project
Construction of a complex consisting of

1. 220 Bed Hospital with 9 Clinical Programs
2. Old Home for 75 Male
3. Old Home for 75 Female
4. Old Home for 75 Couples
Building and running of training institutes throughout Pakistan giving free training to public so that they can get higher then basic salary, people will be able to choose from
1. Nursing
2. Electricians
3. Carpenters
4. Welders
5. Plumbers
6. Marble workers
7. Garderner
8. Cook, and many more
Media and public speeches campaign for education of general public of Pakistan for a better future. Salman Sadiq is planning on how to run this campaign, a lot of work has been done but still a lot remains, as it will not be an easy task.

ESTABLISHMENT Timeline of the Sadiq Group
1975 Dr. Muhammad Sadiq started poultry business in 1975 as broiler farmer; it was the foundation of the Sadiq Group. During that period, he had also served as a Government Employed Veterinarian for the region.
1982 The Sadiq Brothers Poultry was founded as a partnership firm. The Group started to embark on producing broiler chicks to sell to broiler farmers.
1986 Sadiq Brothers Poultry started its first hatchery in Sihala Islamabad, the Capital of Pakistan.
1988/89 Started a feed business, with the first mash feed at Sihala near Islamabad in 1988-89.
1994/95 Started production of Pelleted Chicken Feeds at Mandra near Islamabad.
1997 Launched SB Pharma, the livestock medicines.
2004 The Company Sadiq Poultry (Pvt.) Ltd. was incorporated.
2006 The Company Sadiq Feeds (Pvt.) Ltd. was incorporated.
2009 Corporate Social Responsibility and the Social activism has always been a hallmark of Sadiq Group. Dr. Sadiq Foundation trust was started in 2009. The foundation carries out various activities of social welfare for the community. Major focus areas are health, education, and enhancing economic prosperity.
2010 Sadiq Feeds (Pvt.) Ltd. established its 3rd unit of Feed Mills at Sahiwal.
The Group started making farms for layer and broiler production and first production came in late 2011.
2012 Diversified the business with establishment of human Pharmaceutical unit. Construction of the unit is in progress, It is designed and advised by a top Spanish company and is humbly claimed to be one of the most advanced pharmaceutical production facility in Pakistan.
2013 Vertically integrating its feed mills with solvent plant which will result in production of meals for poultry feed, cooking oil and soups production, namely Sadiq Oil Extraction

Sadiq Group Of Companies Pvt. Ltd.

Departmental Structure

CEO

Director F & H Director Feeds

HR .

Ac

Sadiq Group Of Companies Pvt. Ltd.

Management Structure

CEO

Director F & H Director Feeds

Problems:
There are a lot of problems in the manual record system, it is difficult to keep the whole record of stock in accounts. There is miss use of stationary and also stocks in different ways, it effects on the economy of company. The Store keepers were doing very extra work it also takes a lot of time therefore they have problem to maintain their stocks regularly. A large of store keepers not maintains their records properly on every site / farms. When the work was not completed properly then we asked reasons, every person gives their personal feedback regarding the problems to record keeping manually. Record keeping is a very necessary and the basic aim of a company but we are struggling to do so. If record is not up to date then there are a lot of chances to errors & frauds. We can face heavy loss due to not updating the record properly. Only manual work is not suitable for this organization structure. If we record by manually then there are a lot of stationary and place required for maintaining records.
System of the company was not suitable for maintaining the record of stock we have to upgrade our system with heavy change. It was also a huge task for the company. Without suitable system we can’t handle the whole situation of the stock.

Inventory control is a major field in Organization Interest in the problems of optimal stock
Management at a scientific level goes back to the start of the 20th century. The most
Important impulse, however, came after the 2nd World War when scientists of the
Caliber of Jacob, Marschak, Kenneth Arrow, Samuel Karlin among others looked into
The problem of optimal stocking under stochastic demand. It was characteristic of this
Discipline, that methods of solving problems of this type were developed first before the
Necessary commercial electronic data processing for their ready application were
Available.
The importance of inventory control in business increased dramatically with the
Increasing interest rates of the 70s. It was the rule of the hour to release surplus
Operating capital tied up in excessive inventories and to use the resulting liquidity to
Finance new investments. There arose a need for intelligent solutions to the problem.
Unfortunately, OR experts and software applications developers were following
Separate paths. Hence, the opportunity to find the best solutions, using the combined
Potentials of theory, problem analysis and experience, was not exploited.

Record Keeping:
Record keeping is a very necessary and the basic aim of a company but we are struggling to do so. If record is not up to date then there are a lot of chances to errors & frauds. We can face heavy loss due to not updating the record properly. Only manual work is not suitable for this organization structure. If we record by manually then there are a lot of stationary and place required for maintaining records

No Effective System:
System play a vital role in every organization but we are struggling from effective and efficient system. Effective system can solve a lot of problems of a company. The one who is controlling the system is the focal person so it is important to have an effective system. Our staff is not properly adjusted for the huge change. It is a very big hurdle for the staff. The Store keepers were doing very extra work it also takes a lot of time therefore they have problem to maintain their stocks regularly. A large of store keepers not maintains their records properly on every site / farms.

Lose Control:
Control on stock is a very initial step of stock savage or protection of stock but in our company it was a very huge task for us to maintain control on it we have less hand very low control on it automatic data can be manageable easily but manual data is difficult to manage or arrange data properly. Control always matters a lot. Manual data cannot be checked properly so if there is no check and balance control is loose definitely. So control hurts the company management a lots

A Huge Time Required:
Manual data system requires very huge time first of all it have to enter entry on gate then on store keeper and then it have to checked by the accountant .manager also have to check the stock properly it consume a very major part of time and it is said to be time is money if we lost the time it means we lost the money and a good companies could not manage to do so. And time himself is a very remarkable resource. Time saving is also an art and it helps a lot to doing other useful things even better

Risk of Wastage Manual Record:
Manual record is not reliable very heavy chances of loss of the manual record. manual record can be burn or mistakenly misplace or other a lot of issues can be happened now a days no advance level company use the manual data entry we should not underestimate the power of technology with the passage of time technology always plays a vital role for the betterment of the companies huge backup of the data is available at automatic inventory system. No backup is present at the manual system.

Stock Problems

Product Repurchasing:
From an investor's perspective a stock repurchase, however, is not. For some investors, the dependability of the dividend may be more important. As such, investors may invest more heavily in a stock with a dependable dividend than in a stock with less dependable repurchases. In addition, a company may find itself in a position where it ends up paying too much for the stock it repurchases. For example, say a company repurchases its shares for 30 per share on June 1. On June 10, a major hurricane damages the company's primary operations. The company's stock therefore drops down to 20. Thus, the 10-per-share difference is a lost opportunity to the company. Overall, stockholders who offer their shares for repurchase may be at a disadvantage if they are not fully aware of all the details. As such, an investor may file a lawsuit with the company, which is seen as a risk.

Low Quality Stock Purchase:
In manual data entry system we face a problem of low quality stock purchase we have not known what is a good quality and what is not good from manual data we cannot evan make an idea of prices because if we have to estimate the whole data price we have to spend even 1 month or more our attention got less and less. Estimate of the whole data in manual system was looking like impossible proper estimate was not also possible

Stock Minimum and Maximum Level Not Controlled:
Stock minimum level means we cannot look that stock is minimum and we have to purchase the more stock it again requires vey huge part of time stock minimum level always control in the auto system very huge risk involves in the manual data entry system
If maximum stock level reached it also didn’t have the estimate of the whole data it was a very huge problem. We haven’t know what the minimum and maximum level of stock we have to know the whole estimate for the betterment of the company.

Chances of Errors and Frauds:
Manual data system always have very much chances of fraud and errors that cannot be correctly manageable errors always made at a very big level and it cannot be rectify properly frauds cases always seen in the manual data system because it was very difficult to check the whole data to find where is fraud and the error occurs people who planned to fraud can be easily do their work in arranged manner. No one can eaily found that fraud is occur.

Solution:

For Facing A Lot Of Problems We Decide To Solve It Regarding This We Pick Up Two Members from the inventory and makes department for combining the audit department qualified person and accounts department qualified person we replace our system from manual system to the automatic system inventory control was the basic and first priority of the company so we have to solve it with the all possible solution. We work hard day by day and make an effective and reliable data inventory system that was very much efficient and appretiatable the all of the staff give their best effort and make some possible solution is of making a new department just like inventory control department for this sake we arrange a software from the company software was very reliable and effective which makes much changes in our company software was easy to use. First we take another company software which was not meet with our system.

CHAPTER-3
Scheme of Study:
We collect data from the Manager of SB Group of Companies (Pvt.) Ltd., and search on internet about this company. Therefore a large no. data we received and include the data in our report, it is such a great thing to learning. One of our partner is working job in this company therefore easily we got all information about this company with the help of different peoples , the most important name is Mr. Naseer Ahmad Rao which give us his proper time and tell the all problems and suggestions, and also result and current situation about such problems.

On Interview:
What are the problem you faced in Inventory System?
The major problem we faced that is manual inventory system, in this way our store keepers waste too much time by doing manual works.
The time you working in Organization?
He said estimated 9 to 10 years before he joined This Company and starting his job as an Audit Officer. 3 years ago he become Inventory Control Manager with great interest in Inventory.
Other discussion we also added on above in problems, see above.

CHAPTER-4
Result / Conclusion:
with the help of the software we produce an outstanding results firstly it reduce our much time and time always counts a lot time was reduce of 90% from the manual inventory system manual inventory system consumes 90% more time from the automatic inventory system errors are impossible in the software if occurred it can be easily solved and can be checked very easily chances of fraud were become 0% because all was clear and checkable now we can easily check the minimum and maximum level of the stock because it was on our 1 click. We can check the whole inventory by only clicking once we can compare the computerize stock from the present stock so it can easily prevent all kind of irregular present in the whole stock level now the whole staff knows that data can be checked and verified at every moment and it makes them more regular and punctual.
• Ensures an adequate supply of materials
• Minimizes inventory costs
• Facilitates purchasing economies
• Eliminates duplication in ordering
• Better utilization of available stocks
• Provide a check against the loss of materials
• Facilitates cost accounting activities
• Enables management in cost comparison
• Locates and disposes inactive and obsolete store items
• Consistent and reliable basis for financial statements
• To meet unforessn future demand due to variation in forecast figures and actual figures.
• To average out demand fluctuations due to seasonal or cyclic variations.
• To meet the customer requirement timely effectively, efficiently, smoothly and satisfactorily.
• To smoothen the production process
• To facilitate intermittent production of several products on the same facility
• To gain economy of production or purchase in lots
• to reduce loss due to changes in price of in ventory items
• to meet the time lag for transportation of goods
• to meet the tecnological constraints of production/process.
• To balance various costs of inventory such as order cost or set up cost and inventory carrying cost
• To balance the stock out cost /opportunity cost due to loss of sales against the costs of inventory
• To minimize losses due to deterioration,obsolescence,damage,pilferage etc.
• To stabilize employment and improve lab our relations by inventory of human resources and machine efforts.

Current Situation :
This is the strategy of Respected Inventory Control Manager, First of all he start his work by Create Standards, Then Implement on Standards, then Maintain Documentation on every unit of organization by filling all documents properly, then check the work is validate or According to Audit Standards.
The Current Situation is Review Standards, in this way they check the proper record and matching the physical quantity with Software Quantity, also

Thankyou