F FF F I NA L I NA L I NA L I NA L

E EE ENGLISH NGLISH NGLISH NGLISH

M MM MANUFACTURERS ANUFACTURERS ANUFACTURERS ANUFACTURERS
M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C
0P0uP MLM8LPS' hAML 0P0uP MLM8LPS' hAML 0P0uP MLM8LPS' hAML 0P0uP MLM8LPS' hAML
Murlaza Mol z larooqul
Muhammad hassaan Khan
Zaml r hussal n Junc| o
lal zul l ah
Saqar Kumar
Avl nash


I NA L I NA L I NA L I NA L R RR R E P O R T E P O R T E P O R T E P O R T O N O N O N O N
NGLISH NGLISH NGLISH NGLISH B BB BISCUITS ISCUITS ISCUITS ISCUITS
ANUFACTURERS ANUFACTURERS ANUFACTURERS ANUFACTURERS P PP P V T V T V T V T . .. . L LL L T D T D T D T D
M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C
0P0uP MLM8LPS' hAML 0P0uP MLM8LPS' hAML 0P0uP MLM8LPS' hAML 0P0uP MLM8LPS' hAML S!u0Lh! l 0 S!u0Lh! l 0 S!u0Lh! l 0 S!u0Lh! l 0
Murlaza Mol z larooqul S P 1 1 - M M - 0 0
Muhammad hassaan Khan S P 1 1 - M M - 0 0
Zaml r hussal n Junc| o S P 1 1 - M M - 0 0
S P 1 1 - M M - 0 0
S P 1 1 - M M - 0 0
S P 1 0 - M M - 0 0
Slr Muhammad lalsal Ma|ld

T D T D T D T D
M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C M A N A G E R I A L A C C O U N T I N G S E C T I O N C
0 2
0 8
1 1
1
1 8
2 4
Submlllcd lo:
Slr Muhammad lalsal Ma|ld
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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Acknowledgement
llrsl o all, wc'd llkc lo lhank Almlqhly Allah lhan our coursc mcnlor
Mr. Muhammad Faisal Maj id, who qavc us lhc oorlunlly ln worklnq ln a qrou, and bc
wllh rocsslonals ln ordcr lo lcarn lhc way lhcy dcal lhclr buslncss.
!hcn, wc'd llkc lo acknowlcdqc lhc sla o Engli sh Bi scui t Manufacturers (EBM) by lcl-
llnq us lour lo lhclr lanl and quldcd us wllh cach and cvcry slc o lhclr manuaclurlnq
roccss.
Lasl bul nol lhc lcasl, wc wanl lo acknowlcdqc lhal ll was a qrcal lcarnlnq curvc or
us slncc wc wcrc ablc lo aclually scc or oursclvcs how lhc manuaclurlnq was qolnq on,
and how lhc lnlsh qood rcachcs lnlo our hands, whlch ls a rlcclcss cxcrlcncc or us.
!hank you

i i i i
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Executive Summary
ln lhls rcorl, wc'rc cmhaslzlnq on lhc manaqcmcnl cnclrclcd roccdurcs ln Lnqllsh
8lsculls Manuaclurcrs. wc qcncrally cmhaslzcd on lhc cosllnq, malcrlal, labour hours,
laxallon asccls ln lhls rcorl.
Ab o u t t h e c o mp a n y Ab o u t t h e c o mp a n y Ab o u t t h e c o mp a n y Ab o u t t h e c o mp a n y
Parl o Coronet Food Company Li mited whlch owns ll comlclcly and comcs undcr a
manuaclurlnq conccrn. Engli sh Bi scui t Manufacturers (Pri vate) Li mi ted was cslabllshcd as a
|olnl vcnlurc comany ln 106 wllh lhc namc o PEEK FREANS PAKISTAN LIMITED. ln 10
lhc uK sonsor comany was rcnamcd as Associated Bi scui ts International Li mi ted (ABIL),
whllc lhc vcnlurc was rcnamcd lo Engli sh Biscui t Manufacturers (Pri vate) Li mi ted, whlch
slands lo dalc. L8M slarlcd manuaclurlnq and markcllnq o world amous Pcck lrcans
ranqc ln 107 ln ordcr lo rovldc Paklslanl consumcrs wllh qood quallly, hcallhy, nulrl-
llous, wholcsomc and hyqlcnlcally ackcd blsculls. As lhc lonccrs o ackaqcd blscull
manuaclurlnq ln Paklslan, L8M look lhc lcad ln lls carly ycars by romollnq blsculls as
"food between meals" lhal arc hcallhy and nulrlllous.
!hc Comany cn|oys lhc lcadcrshl oslllon by lcas and bounds wllh a markcl sharc
o ovcr 55% o lhc brandcd blscull markcl. L8M manuaclurcs lhc counlry's larqcsl ranqc
o hyqlcnlc and hcallhy blsculls undcr lls amous Pcck lrcans Plcd Plcr loqo. Pcck lrcans
brand has rcccnlly bccn qlvcn lhc rccoqnlllon o lhc lnlcrnallonally acclalmcd Sucr-
brands slalus.
lor morc lhan our dccadcs, L8M hllosohy has bccn lo roducc blsculls whlch mccl
lnlcrnallonal slandards o quallly and hyqlcnc ln lcrms o sacly and wholcsomcncss.
Lvcry mcmbcr o L8M ls commlllcd lo owlnq lhls hllosohy and has lhc mlnd-scl lo
roducc lhc bcsl o roducls undcr lhc lradc mark o 'Pcck lrcans' and has lnculcalcd lhc
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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
qualllallvc cullurc whlch qlvcs L8M a comcllllvc cdqc ln kcclnq lls cuslomcrs' sallsac-
llon. L8M has lhus hcld ood sacly as lls numbcr onc rlorlly cvcr slncc ll's vcry lncc-
llon and much bcorc lhc advcnl o w!0.
L8M ls lhc only blscull comany ln Paklslan lo havc achlcvcd rccoqnlzcd lnlcrnallonal
ccrlllcallons crlalnlnq lo quallly conlrol, cnvlronmcnlal manaqcmcnl syslcm and hu-
man rcsourccs manaqcmcnl such as lS0 0001:2000, lS0 14001:2004, lS0 22000 ccrlllca-
llons and llP (lnvcslors ln Pcolc} Pccoqnlllon. L8M ls also lhc only ood comany lo havc
bccn awardcd lhc Lnvlronmcnlal Lxccllcncc Award or lhc lasl scvcn succcsslvc ycars,
slncc 2004. L8M also has lhc dlsllncllon o bclnq lhc only blscull comany ln Paklslan lo
havc rccclvcd lhc lS0 27001:2006 ccrlllcallon crlalnlnq lo lnormallon Sccurlly Man-
aqcmcnl Syslcms.
L8M has also bccn calcqorlzcd by lhc 0ovcrnmcnl ln lhc clllc club o "Hi ghest Tax
Payers" by annually conlrlbullnq ovcr PKR 1.3 bi lli on lo lhc nallonal cxchcqucr ln lhc orm
o laxcs and dullcs.
!hc Comany rovldcs dlrccl and lndlrccl cmloymcnl lo ovcr 2,00 cmloyccs al lls
roducllon aclllllcs ln Karachl and hallar, o whlch morc lhan 40% of the work-force are
women.
L8M's cullural clhos ls o a Carlnq Cororalc Clllzcn. L8M's cullural clhos ls o a Carlnq Cororalc Clllzcn. L8M's cullural clhos ls o a Carlnq Cororalc Clllzcn. L8M's cullural clhos ls o a Carlnq Cororalc Clllzcn.
!hal ls qlvlnq back lo lhc communlly as a rcsonslblllly and obllqallon o qood qov-
crnancc. L8M has bccn rccoqnlzcd or lls varlous hllanlhrolc acllvlllcs lhrouqh lhc ha-
llonal CSP Award.
!hls lhcmc cncomasscd all lhc undamcnlals o a brand whcrc consumcrs subllml-
nally dcvclocd "Trust and Confidence" ln lhc comany lhal ls clcrnally commlllcd lo bc
qlvlnq lhc hlqhcsl quallly roducls. ll was lhrouqh lhls slralcqlc vlslon and dlrccllon lhal
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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
L8M has lransormcd lhc blscull callnq hablls o Paklslanl consumcrs by maklnq blsculls
morc o an cvcryday ncccsslly and lcss o a luxury llcm lo bc consumcd only al lca-llmc
as lhcy wcrc oncc consldcrcd lo bc.
!ruc lo lls cororalc clalm o 'The Legend Leads', L8M has lcd lhc blscull lnduslry ln
Paklslan or ovcr 46 ycars by rovldlnq lnnovallvc and hlqh quallly blsculls. !hc lradc
mark Plcd Plcr madc lls mark aboul 40 ycar aqo, bul ll sllll rcmalns ln lhc hcarls, mlnds
and souls o lhc colc lhrouqh lhc varlcly and cxccllcnl quallly o blsculls manuac-
lurcd undcr lls umbrclla. Producls lollowlnq an umbrclla brandlnq slralcqy, L8M manu-
aclurcs and markcls lls blsculls undcr lhc namc o "Pcck lrcans". 'Pcck lrcans' ls a
houschold namc, and colc bllndly bcllcvc ln lhc quallly o lhc roducls madc undcr
lhls brand.
!hc Pcck lrcans Plcd Plcr loday ls lhc mosl oular lcon ln lhc lnduslry lcadlnq bls-
cull lovcrs lo cxcrlcncc onc sucrb roducl alcr anolhcr. !hc brand slqnllcs "lrusl, con-
ldcncc and wholcsomcncss" or consumcrs. Pcck lrcans blsculls arc known lhrouqhoul
Paklslan and abroad or lhclr cxccllcnl quallly and laslc. 0crlnq lhc larqcsl varlcly ln
laslcs and lcxlurcs Pcck lrcans blsculls romlsc wholcsomcncss and unlquc laslc wllh a
crlsy and crunchy lcxlurc. Somc o lhc blsculls lhal arc markclcd undcr lhc Pcck lrcans
umbrclla lncludc lcadlnq brands such as Soocr, Plo, Parly, Pcanul Plk, Pcanul Plsla, larm
housc Cooklcs, 0luco, wholc whcal Sllccs, Chocolalc u Lcmon Sandwlchcs lo namc only
a cw.
A qlancc al Pcck lrcans brand orlollo lndlcalcs lhal ll covcrs almosl cvcry scqmcnl
o lhc markcl. 8c ll younq or old, mcn or womcn, L8M slrlvcs lo calcr lo cvcry laslc.
Mosl o lhc brands arc rccoqnlzcd as lhc "firsts" o lhc lnduslry and cn|oy markcl lcadcr-
shl oslllons ln lhclr rcsccllvc scqmcnls.
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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Pcccnl 0cvclomcnls Pcck lrcans has cn|oycd somc cxlrcmcly succcssul and wldcly
acclalmcd rc-launchcs o brands llkc Soocr, Cllck, 0luco and ncw launchcs such as larm
housc Cooklcs. Conscqucnlly, L8M has rcqalncd lls rlqhlul oslllon as lhc undlsulcd
markcl lcadcr. ln ordcr lo mccl lhc cvcr qrowlnq dcmand, L8M has slncc 2008 bccn ln-
vcsllnq vcry hcavlly bchlnd lls lanl and cqulmcnl and has lncrcascd lls roducllon ca-
ablllllcs wllh lhc commlsslonlnq o 0 ncw slalc-o-lhc-arl lanls al a cosl cxcccdlnq
PKR 2. 6 billi on.
O OO O U R E MP HA S I S U R E MP HA S I S U R E MP HA S I S U R E MP HA S I S
0ur cmhasls moslly clrclcd around treasury, budget and costi ng, accounts and taxati on
and lasl bul nol lhc lcasl ls corporate affai rs.









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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
T a b l e o f T a b l e o f T a b l e o f T a b l e o f C o n t e n t s C o n t e n t s C o n t e n t s C o n t e n t s
Aboul lhc comany ..................................................................................................................................... ll
0ur cmhasls .............................................................................................................................................. v
C0MPAhY'S 8PlLl hlS!0PY ......................................................................................................................1
!rcasury dcarlmcnl ....................................................................................................................................2
Challcnqcs ................................................................................................................................... 11
!axallon ......................................................................................................................................................... 18
waqcs lan ................................................................................................................................................... 14
lh A hu!ShLLL ............................................................................................................................................ 1


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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Introduction
C O MP ANY S B R I E F HI S T O R Y C O MP ANY S B R I E F HI S T O R Y C O MP ANY S B R I E F HI S T O R Y C O MP ANY S B R I E F HI S T O R Y
Engli sh Biscui t Manufacturers (Pri vate) Li mi ted was cslabllshcd as a |olnl vcnlurc com-
any ln 106 wllh lhc namc o PEEK FREANS PAKISTAN LIMITED.
ln 10 lhc uK sonsor comany was rcnamcd as Associ ated Bi scui ts Internati onal Lim-
ited (ABIL), whllc lhc vcnlurc was rcnamcd lo Engli sh Bi scui t Manufacturers (Pri vate) Lim-
ited, whlch slands lo dalc.
L8M has lcd lhc blscull lnduslry ln Paklslan or ovcr 40 years by rovldlnq lnnovallvc
and hlqh quallly blsculls. ll slarlcd manuaclurlnq and markcllnq world amous
Peek Freans ranqc ln ordcr lo rovldc Paklslanl consumcrs wllh qood quallly, hcallhy,
nulrlllous, and wholcsomc and hyqlcnlcally ackcd blsculls.
!hc lradc mark o Plcd Plcr madc lls mark aboul 86 ycars aqo whlch ls rccoqnlzcd as
a symbol o 'trust & confidence' or consumcrs and ls lruc lo lls cororalc clalm, '
The Legend Leads' .
wllh lhc hcl o lhclr slralcqlc vlslon and dlrccllon L8M has succcssully lransormcd
lhc blscull callnq hablls o Paklslanl consumcrs by maklnq blsculls morc o an cvcryday
ncccsslly and lcss o a luxury llcm lo bc consumcd only al lca-llmc as lhcy wcrc oncc
consldcrcd lo bc.



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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Description of departments
wc moslly scqrcqalcd on dcarlmcnls llkc treasury, budgeti ng, accounts and taxation.
T TT T r e a s u r y r e a s u r y r e a s u r y r e a s u r y d e p a r t me n t d e p a r t me n t d e p a r t me n t d e p a r t me n t
!hc ma|or conccrn o lrcasury dcarlmcnl ls lo manaqc lhc lncomlnq and oulqolnq
unds lranscr, whclhcr or aymcnls or or rccclvlnq o bllls or or lnvcnlory manaqc-
mcnl.
!hclr buslncss ocrallons wllhoul:
Plsk manaqcmcnl, and
Palc o rclurn
ls nol osslblc slncc ll's comany's ollcy and a lhumb o lhc rulc lo havc slrlcl conlrol
ovcr ll.
A v a i l a b i l i t y o f f u n d s A v a i l a b i l i t y o f f u n d s A v a i l a b i l i t y o f f u n d s A v a i l a b i l i t y o f f u n d s
!hc ma|or conccrn o lrcasury dcarlmcnl ls lhc avallablllly o unds, slncc or
dolnq dally lransacllon, buylnq o quallly lnqrcdlcnls and or maklnq aymcnls lo
sullcrs and dlslrlbulors, so lhcrc's always a nccd or an ollmum lcvcl o cash al
hand and cash al bank, bccausc duc lo unrcdlclablllly rcvalls ln lhc clly, ll ls rc-
qulrcd lo havc somc crccnlaqc o cash al hand as wcll.
Mr. hamdanl urlhcr slalcd lhal lhclr comany ls lnanclally so slablc lhal oncc
ln lalc 1008, lhcy look loan or lhc cxanslon o lanl, and sloraqc rom lhclr bank
whcrc lhcy arc malnlalnlnq lhclr accounl, slncc lhan lhcy'vc bccn scl-dccndanl
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
and rom lhal llmc, whalcvcr cxanslon lhcy'vc donc lo lhc buslncss ls on lhclr
own savlnqs.
ln ordcr lo analyzc lhc rclurn on lnvcslmcnls, lhcy conducl a rcqular ycarly b
sls comarlson analysls o
8ank o Paklslan lhcrc's lnvcslmcnl boundlnq and lhcy havc lo coc wllh ll by
havlnq a lxcd amounl o sccurlly dcosll lnlo lhc bank
Inventory purchases
Paw malcrlal ls urchascd on lhc basls o orccasl madc by lhc
kcllnq dcarlm
sullcr. Malnly
llkc lll and 0cvldaun, olhcr raw malcrlals lncludc dry rulls,
lour, al and bullcr.
dccndlnq on lhc
oulcr llms and
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
and rom lhal llmc, whalcvcr cxanslon lhcy'vc donc lo lhc buslncss ls on lhclr
ln ordcr lo analyzc lhc rclurn on lnvcslmcnls, lhcy conducl a rcqular ycarly b
sls comarlson analysls o ralc o rclurn on lnvcslmcnl basls, lhouqh rom Slalc
8ank o Paklslan lhcrc's lnvcslmcnl boundlnq and lhcy havc lo coc wllh ll by
lnq a lxcd amounl o sccurlly dcosll lnlo lhc bank.
Inventory purchases
Paw malcrlal ls urchascd on lhc basls o orccasl madc by lhc
kcllnq dcarlmcnl, raw malcrlal ls urchascd alcr lhc quolallon
sullcr. Malnly lavours arc oulsourccd rom lhc bcsl ln class
llkc lll and 0cvldaun, olhcr raw malcrlals lncludc dry rulls,
lour, al and bullcr. Packaqlnq malcrlal ls sourccd rom lhc local markcl
dccndlnq on lhc nalurc o lhc lnlshcd roducls, ll lncludcs lnncr llms,
oulcr llms and maslcr carlons.
3 3
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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and rom lhal llmc, whalcvcr cxanslon lhcy'vc donc lo lhc buslncss ls on lhclr
ln ordcr lo analyzc lhc rclurn on lnvcslmcnls, lhcy conducl a rcqular ycarly ba-
lhouqh rom Slalc
8ank o Paklslan lhcrc's lnvcslmcnl boundlnq and lhcy havc lo coc wllh ll by

Paw malcrlal ls urchascd on lhc basls o orccasl madc by lhc mar-
cnl, raw malcrlal ls urchascd alcr lhc quolallon rom
arc oulsourccd rom lhc bcsl ln class vcndors
llkc lll and 0cvldaun, olhcr raw malcrlals lncludc dry rulls, cqqs, suqar,
rom lhc local markcl
nalurc o lhc lnlshcd roducls, ll lncludcs lnncr llms,
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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
0ncc lhc conslqnmcnl o lhc sullcr arlscs, ll ls rccordcd ln lhc LPP
syslcm lhrouqh MNR (Materi al Recei vi ng Note) and lssucd lo roducllon
lhrouqh
MCN (Materi al Consumpti on Note).
General items
llcms llkc slallonary, comulcr acccssorlcs, cnqlnccrlnq lools nccdcd
ln clcclrlcal, mcchanlcal and clvll workcr ls urchascd. !hc calcqory o
qcncral llcms has bccn dlslrlbulcd lo dlcrcnl olclal rclalcd lo nalurc
o |ob. 0cmand nolc ls rcarcd whcn lhcrc ls a nccd o qcncral llcm ln
lhc ERP system (Inventory and Procurement Management)
L8M comllancc wllh a acrlcss orqanlzallon mclhodoloqy and cach
documcnl ls rccordcd ln lhclr modulc o lnvcnlory and Procurcmcnl
manaqcmcnl
Llcclrlcal allanccs arc urchascd alcr ncqollallon by lhc sullcrs,
cvcry urchasc has a urchasc ordcr rlor lo lhc urchasc.
F o r e c a s t i n g a s p e c t F o r e c a s t i n g a s p e c t F o r e c a s t i n g a s p e c t F o r e c a s t i n g a s p e c t
!hc maln lolc o conccrn ln lhls rcqards ls lhc:
rlsk asscssmcnl and lls analysls,
monllorlnq o dally oullows
aymcnls lo sullcrs and dlslrlbulors
Application of Safety Stock
Slncc lhcy arc uslnq lll0 mclhod or lnvcnlory valuallon, lhcrcorc
sacly slock ls now bccomlnq a ma|or lssuc or cvcry roccss lnduslry
qlobally, wcalhcr ln lhc orm o raw malcrlal or lnlshcd qoods. ll dc-
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
cnds how cccllvc a suly chaln ls or an orqanlzallon. whcn ll
lo raw malcrlal, lnvcnlory ls bulld u whcn rlccs lcnd lo qo
lhcrc ls a chancc o unccrlalnllcs
Mass Producllon lcnd lo kcc
lhclr solc dlslrlbulors. Lcvcls
wccks.
Safety Stock Application in EBM (FGS)
Allhouqh L8M docs cmloys sacly sl
o sacc lhcy arc bound lo do ll. l0S slorc has a maxlmum caaclly o
00000 maslcr's carlons bul on avcraqc 16000 maslcrs carlons arc
alchcd on dally bascs vcrsus 16000 unlls o roducllon. Also
lakcn rom roducllon on dally bascs duc lo whlch lhcrc ls
ln dlsalch o lnlshcd qoods.
!hcrc should bc an cxanslon ln l0S so lhal volumc o lnlshcd qoods
can bc lncrcascd.
Ma r k e t s h a r e Ma r k e t s h a r e Ma r k e t s h a r e Ma r k e t s h a r e
ln comarlson lo olhcr comclllors, Lnqllsh 8lscull Manuaclurcrs
larqc sharc ln lhc markcl,
1%
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
_______________________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
cnds how cccllvc a suly chaln ls or an orqanlzallon. whcn ll
lo raw malcrlal, lnvcnlory ls bulld u whcn rlccs lcnd lo qo
lhcrc ls a chancc o unccrlalnllcs many roccss lnduslrlcs
Mass Producllon lcnd lo kcc sacly slock ln lhclr warchousc and also
lhclr solc dlslrlbulors. Lcvcls o lnvcnlory arc malnlalncd on
Safety Stock Application in EBM (FGS)
Allhouqh L8M docs cmloys sacly slock mclhodoloqy bul duc lo lack
o sacc lhcy arc bound lo do ll. l0S slorc has a maxlmum caaclly o
00000 maslcr's carlons bul on avcraqc 16000 maslcrs carlons arc
alchcd on dally bascs vcrsus 16000 unlls o roducllon. Also
oducllon on dally bascs duc lo whlch lhcrc ls
ln dlsalch o lnlshcd qoods.
!hcrc should bc an cxanslon ln l0S so lhal volumc o lnlshcd qoods
can bc lncrcascd.
ln comarlson lo olhcr comclllors, Lnqllsh 8lscull Manuaclurcrs
markcl, ollowlnq ls lhc aroxlmallon o lhc dlslrlbullon.
66%
20%
1%
0%
M a r k c l S h a r c M a r k c l S h a r c M a r k c l S h a r c M a r k c l S h a r c
L8M
Kolson
Conllncnlal 8lsculls
lsmall lnduslrlcs
(8lsconnl}
5 5
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
__________________________________________________________________
________________________________________________________________________________________________

cnds how cccllvc a suly chaln ls or an orqanlzallon. whcn ll comcs
lo raw malcrlal, lnvcnlory ls bulld u whcn rlccs lcnd lo qo hlqh or
roccss lnduslrlcs lhal cmloy
sacly slock ln lhclr warchousc and also
o lnvcnlory arc malnlalncd on our lo slx
ock mclhodoloqy bul duc lo lack
o sacc lhcy arc bound lo do ll. l0S slorc has a maxlmum caaclly o
00000 maslcr's carlons bul on avcraqc 16000 maslcrs carlons arc dls-
alchcd on dally bascs vcrsus 16000 unlls o roducllon. Also lranscr ls
oducllon on dally bascs duc lo whlch lhcrc ls a bolllc ncck
!hcrc should bc an cxanslon ln l0S so lhal volumc o lnlshcd qoods
ln comarlson lo olhcr comclllors, Lnqllsh 8lscull Manuaclurcrs do osscss a
ollowlnq ls lhc aroxlmallon o lhc dlslrlbullon.

Conllncnlal 8lsculls
6 6
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
E B M s E B M s E B M s E B M s o f f e r i n g s o f f e r i n g s o f f e r i n g s o f f e r i n g s
0crlnq lhc larqcsl varlcly ln laslc and lcxlurcs, Pcak lrcans roduccs lhou-
sands o lons o rcmlum quallly blsculls annually, cmloylnq lhc mosl lnnovallvc
ldcas, slalc-o-lhc-arl lcchnoloqy and sohlsllcalcd lood Sacly Syslcms.
Plain Sweet Biscuits
0luco
Marlc
Soocr
wholc whcal Sllcc
Nuts
Pcanul Plk
Pcanul Plsla
Cream Biscuits
Choco vanllla Sandwlch
Chocolalc Sandwlch
Lcmon Sandwlch
Plo 0oublc !rcal Chocolalcjvanllla
Plo 0oublc !rcal Slrawbcrryjvanllla
Plo vanllla
Crackers
8ullcr Pu
Marvcll
Salllsh
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C

Proper planning and setting of standards
whcncvcr lhcy lan lo launch a ncw roducl, lhcy lrsl scnd lhclr c
crls abroad lo analyzc and rclur
malnlaln lhclr slandards
larqc sharc o llmc and cosl, bccausc lhcy carc or lhclr rculallon and
consumcr sallsacllon.
Monitoring of cost effects
!hcrc arc many asccls
conlrlbulc lo cosl lncrcasc, ollowlnq arc somc o lhcm:
unlanncd load
varlallon ln rlccs o lhc raw malcrlal
llucluallon ln currcncy convcrslon
unrcdlclablc clly sl
20%
84%
L 8 M ' s P r o d u c l M l x L 8 M ' s P r o d u c l M l x L 8 M ' s P r o d u c l M l x L 8 M ' s P r o d u c l M l x
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
_______________________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
Proper planning and setting of standards
whcncvcr lhcy lan lo launch a ncw roducl, lhcy lrsl scnd lhclr c
crls abroad lo analyzc and rclurn wllh ncw ldcas and lhc way lhcy
malnlaln lhclr slandards o hyqlcnc, laslcs and lnqrcdlcnls, and ls qlvcn a
llmc and cosl, bccausc lhcy carc or lhclr rculallon and
consumcr sallsacllon.
Monitoring of cost effects
!hcrc arc many asccls whlch arc also nolcd down slncc lhcy can also
conlrlbulc lo cosl lncrcasc, ollowlnq arc somc o lhcm:
unlanncd load-shcddlnqjowcr oulaqc
varlallon ln rlccs o lhc raw malcrlal
llucluallon ln currcncy convcrslon (mostly US$ on PKR)
unrcdlclablc clly slluallon
6%
20%
4%
%
8%
1%
2%
20%
L 8 M ' s P r o d u c l M l x L 8 M ' s P r o d u c l M l x L 8 M ' s P r o d u c l M l x L 8 M ' s P r o d u c l M l x
Plo varlcnl
Parly
8ullcr Pu
0luco
Pcanul Plk
Munna
Marvcl
0lhcr
Soocr
7 7
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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________________________________________________________________________________________________


whcncvcr lhcy lan lo launch a ncw roducl, lhcy lrsl scnd lhclr cx-
n wllh ncw ldcas and lhc way lhcy
o hyqlcnc, laslcs and lnqrcdlcnls, and ls qlvcn a
llmc and cosl, bccausc lhcy carc or lhclr rculallon and
whlch arc also nolcd down slncc lhcy can also
conlrlbulc lo cosl lncrcasc, ollowlnq arc somc o lhcm:
(mostly US$ on PKR)
Plo varlcnl
Parly
8ullcr Pu
0luco
Pcanul Plk
Munna
Marvcl
0lhcr
Soocr
8 8
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
lrclqhljlransorl cxcnscs
lncrcasc ln clrolcum rlccs
8uylnq owcr o lhclr consumcr
!hcsc arc somc o lhc aclors whlch hc dlscusscd wllh us who
wcrcjcan a aclor accllnq lhclr cosl manaqlnq, whlch could accl lhclr
roll marqln and lhcrcorc ll ls ln lhclr lnlcrcsl lo havc a lhorouqh
monllorlnq on ll.
Employees benefits
Lmloyccs arc bcncllcd wllh cxccllcnl salary lan whclhcr lhcy'rc ln
crmancnl, conlraclual or on dally basls. Aarl rom lhal, lhcy also qlvc
crsonal lnanclnq and bank lnanclnq aclllly lo lhclr cmloyccs.
0n lhc olhcr hand, lhcy also qlvc lhclr cmloyccs a say ln ollcy mak-
lnq, lralnlnq and dcvclomcnl and lhcrcorc lhclr loyally wllh lhclr cm-
loyccs shown whcn lhcy showcd lhcy wcrc wllllnq lo crcalc lonq-lcrm
rclallonshl wllh lhcm.
B u d g e t i n g a n d c o s t i n g B u d g e t i n g a n d c o s t i n g B u d g e t i n g a n d c o s t i n g B u d g e t i n g a n d c o s t i n g
L8M usually cmhaslzc on lhc ollowlnq asccls whllc budqcllnq:
Adollon o hcwcr lcchnoloqy,
llcxlblllly rallo,
Analysls and adalallon o ncw ackaqlnq lcchnlqucs,
lnnovallons and crcallvlly,
Prcvcnllvc mcasurcs,
0cncral, !cchnlcal and l! llcms Procurcmcnl,
9 9
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
0cmand holc ls rccclvcd or urchasc o 0cncralj!cchnlcaljl! cqul-
mcnls,
Pcqulrcd malcrlals arc arranqcd rom onc sol markcl buylnq,
Purchasc 0rdcr ls lssucd,
Malcrlal ls rccclvcd by conccrncd Slorcs,
8llls arc rccclvcd al MM 0carlmcnl rom lhc sullcrs and scnl lo ll-
nancc 0carlmcnl.
ll musl bc nolcd lhal lhclr conlrlbullon marqln varlcs slncc lhclr varlablc cx-
anscs arc lucluallnq loo much.
C o mp o n e n t s o f A u d i t R e p o r t C o mp o n e n t s o f A u d i t R e p o r t C o mp o n e n t s o f A u d i t R e p o r t C o mp o n e n t s o f A u d i t R e p o r t
Accordlnq lo Mr. hamdanl, ollowlnq wcrc lhc asccls whlch wcrc addrcsscd
whllc havlnq audll, whclhcr lnlcrnal andjor cxlcrnal:
PAYMLh!S Ah0 PP0CuPLMLh!S PAYMLh!S Ah0 PP0CuPLMLh!S PAYMLh!S Ah0 PP0CuPLMLh!S PAYMLh!S Ah0 PP0CuPLMLh!S
SLPvlCLS SLPvlCLS SLPvlCLS SLPvlCLS
!ransorlcrs
0ulsourcc (limi ted scale though)
C0PPLSP0h0LhCL C0PPLSP0h0LhCL C0PPLSP0h0LhCL C0PPLSP0h0LhCL
Advcrllslnq bllls
Salarlcs
ACC0uh!S PLCLlvA8LL ACC0uh!S PLCLlvA8LL ACC0uh!S PLCLlvA8LL ACC0uh!S PLCLlvA8LL
Paymcnl modcs
Ma|orlly (on Cash payments advance)
Mlnlmum (on Credit terms mostly to Self-Servi ce Marts etc)
1 1 0 0
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
ll musl bc nolcd lhal ull dlsalch ls only madc uon comlclc aymcnl ln cash,
and uon aymcnls on crcdlls, lhcy arc qlvlnq a dlscounl modc bclwccn
7 to 22 days time period aymcnls.
Internal audits
lnlcrnal audll ls a uncllon lhal, allhouqh ocrallnq lndccndcnlly
rom olhcr dcarlmcnls and rcorls dlrcclly lo lhc audll commlllcc, rc-
sldcs wllhln an orqanlzallon (i. e. they are company employees).
ll ls rcsonslblc or crormlnq audlls (both fi nancial and non-fi nancial)
wllhln a wldc ranqc o arcas wllhln a buslncss, as dlrcclcd by lhc annual
audll lan. lnlcrnal audll look al kcy rlsks aclnq lhc buslncss and whal ls
bclnq donc lo manaqc lhosc rlsks cccllvcly, lo hcl lhc orqanlzallon
achlcvc lls ob|ccllvcs.
lor lnslancc, lhcy may look al rlsks lo lhc comany's rculallon such
as lhc usc o chca labour ln orclqn counlrlcs, or slralcqlc rlsks such as
roduclnq loo many roducls ln comarlson lo rcsourccs avallablc clc.
Internal auditors for EBM
Sldal hydcr Morshcd Assoclalcs
External audits
Lxlcrnal audll ls an lndccndcnl body whlch rcsldcs oulsldc o lhc or-
qanlzallon whlch ll ls audlllnq. !hcy arc ocuscd on lhc lnanclal accounls
or rlsks assoclalcd wllh lnancc and arc aolnlcd by lhc comany sharc-
holdcrs.
1 1 1 1
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
!hc maln rcsonslblllly o cxlcrnal audll ls lo crorm lhc annual
slalulory audll o lhc lnanclal accounls, rovldlnq an olnlon on
whclhcr lhcy arc a lruc and alr rclccllon o lhc comany's lnanclal o-
slllon.
As arl o lhls, cxlcrnal audllors olcn cxamlnc and cvalualc lnlcrnal
conlrols ul ln lacc lo manaqc lhc rlsks whlch could accl lhc lnanclal
accounls, lo dclcrmlnc l lhcy arc worklnq as lnlcndcd.
External auditors for EBM
A.l lcrquson
S t o r a g S t o r a g S t o r a g S t o r a g e f a c i l i t i e s e f a c i l i t i e s e f a c i l i t i e s e f a c i l i t i e s
!hclr sloraqc aclllllcs arc bascd al:
Lahorc
lalsalabad
Mullan
Sukkur, and
Karachl
E EE E x p o r t s x p o r t s x p o r t s x p o r t s
!hclr ma|or cxorl counlrlcs arc:
Aqhanlslan
!hc unllcd Arab Lmlralcs, and
!hc unllcd Slalcs o Amcrlca
C H A L L E N G E S C H A L L E N G E S C H A L L E N G E S C H A L L E N G E S
lollowlnq arc somc o lhc challcnqcs whlch arc calcqorlzcd lnlo:
1 1 2 2
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Internal
!hosc challcnqcs whlch arc bclnq accd wllhln lhc |urlsdlcllon o lhc
orqanlzallon, llkc
l! 0carlmcnl and nclworklnq,
Producllon Caaclly,
Planl Lxanslon,
Pccrulllnq,
Pcscarch and 0cvclomcnl.
External
!hosc challcnqcs whlch arc nol conlrollablc and orqanlzallon ls a-
cclcd duc lo oulsldc sourccs
Consumcr laslc and lrcnd,
0ovcrnmcnl ollclcs,
Clly slluallons,
Paklslanl Puccs dcvaluallon.
A n n u a l g e n e r a l me e t i n g A n n u a l g e n e r a l me e t i n g A n n u a l g e n e r a l me e t i n g A n n u a l g e n e r a l me e t i n g
0cncrally ln July, lhc hold Annual General Meeti ng (AGM), ll ls a lcqal rcqulrcmcnl
or volunlary orqanlzallons lhal havc comany slalus. ll ls qood racllcc or charl-
llcs lo havc an A0M lo acl as a rcvlcw o lhc ycar and dcal wllh lssucs such as lhc
clccllon o commlllccjboard mcmbcrs and rcvlcwlnq lhc annual accounls.
Lach lndlvldual orqanlzallon should havc a sccllon o lls Conslllullon whlch
dcals wllh A0Ms, and lhls qlvcs quldancc as lo how lhc A0M should bc run and
whal mallcrs should bc dcall wllh. Allhouqh ll ls a ormal mccllnq, ll can also bc a
1 1 3 3
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
qood oorlunlly lo communlcalc wllh mcmbcrs, cllcnls, arlncrs and olhcr lnlcr-
cslcd arllcs.
T a x a t i o n T a x a t i o n T a x a t i o n T a x a t i o n
lollowlnq arc lhc ma|or laxallon ralcs whlch arc allcd on rocurcmcnl basls:
SuPPLlLS !AXA!l0h
0L0uC!l0h
PLPCLh!A0L

Chcquc 0lsburscmcnl
16 days dl scounl ll mc crl od
8.6%
SLPvlCLS !AX

!ransorljlrclqhl .0%
T a x a b l e i n c o me T a x a b l e i n c o me T a x a b l e i n c o me T a x a b l e i n c o me
!axablc lncomc rccrs lo lhc basc uon whlch an lncomc lax syslcm lmoscs
lax. 0cncrally, ll lncludcs somc or all llcms o lncomc and ls rcduccd by cxcnscs
and olhcr dcducllons.
!hc amounls lncludcd as lncomc, cxcnscs, and olhcr dcducllons vary by coun-
lry or syslcm. Many syslcms rovldc lhal somc lycs o lncomc arc nol laxablc and
somc cxcndllurcs nol dcducllblc ln comullnq lax. Somc syslcms basc lax on lax-
ablc lncomc o lhc currcnl crlod, and somc on rlor crlods. !axablc lncomc may
rccr lo lhc lncomc o any laxaycr, lncludlnq lndlvlduals and cororallons, as wcll
as cnllllcs lhal lhcmsclvcs do nol ay lax, such as arlncrshls.
1 1 4 4
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Mosl syslcms and |urlsdlcllons allow buslncss laxaycrs lo rcducc laxablc ln-
comc by cosl o qoods or olhcr rocrly sold, as wcll as dcducllons or buslncss cx-
cnscs. Many syslcms llmll somc sorls o buslncss dcducllons.
lor cxamlc, dcducllons or aulomobllc cxcnscs arc llmllcd ln lhc
unllcd Klnqdom and unllcd Slalcs.
Wa g e s p l a n Wa g e s p l a n Wa g e s p l a n Wa g e s p l a n
Slncc wc alrcady kncw lhal lhcrc wcrc lwo lycs o labours:
0lPLC! LA80uPS 0lPLC! LA80uPS 0lPLC! LA80uPS 0lPLC! LA80uPS
!hosc labours whlch arc dlrcclly rclalcd ln lhc roducllon
lor lnslancc, bakcr clc.
lh0lP lh0lP lh0lP lh0lPLC! LA80uPS LC! LA80uPS LC! LA80uPS LC! LA80uPS
!hosc labours who'rc nol dlrcclly rclalcd lo lhc ovcrall roducllon
lnslcad sulcmcnl ll.
lor lnslancc, ackaqlnq, sucrvlsors, admln clc.
L8M do osscsscs scvcral lycs o aymcnl modcs, ma|or o lhcm arc claboralcd
bclow:
Mo n t h l y b a s i s Mo n t h l y b a s i s Mo n t h l y b a s i s Mo n t h l y b a s i s
!hosc who arc crmancnl arc on dcslqnalcd osls llkc Manaqcr qradcs clc arc
ald lhrouqh monlhly lan, such calcqory slarls rom PKR 25, 000/- lo PKR
200, 000/- cr monlh, wllh rcsccl lo lhclr osls, llkc an cnlry lcvcl Maslcrs 0radu-
alc would allcasl bc qclllnq a PKR 25,000/- cr monlh ackaqc, and scnlors PKR
75,000/- lo PKR 200,000/- cr monlh.
1 1 5 5
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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_________________________________________________________________________________________________________________________________________________________________________________________
M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
C o n t r a c t u a l b a s i s C o n t r a c t u a l b a s i s C o n t r a c t u a l b a s i s C o n t r a c t u a l b a s i s
ln lhls calcqory, lhosc candldalcs arc laccd who arc or llmllcd llmc-crlod
and arc nol on crmancnl qrounds, bul lhcrc ls a osslblllly lhal lhcy maybc hlrcd
or crmancnl osls.
!hclr salarlcs also slarl rom lhc ranqc o PKR 12, 000/- lo PKR 27, 000/- cr
monlh, and onc morc lhlnq lhal lhc mlnlmum llmc crlod a conlraclual cmloycc
can bc hlrcd or 1 ycar, bul on qcncral racllccs lhcy usc conlraclual cmloyccs or
aboul 1. 5 ycars lo 2 ycars bcorc lhcy can dccldc whclhcr lhc cmloycc ls bcncl-
clal or lhcm or nol.
ln-aclory sucrvlsors usually all undcr lhls calcqory, who sucrvlscs lhc ovcrall
acllvlly wllhln hls dcarlmcnl, bul ln lhc llnlshcd 0ood dcarlmcnl rom whcrc
lhc lnlshcd roducl ls lranscrrcd or ackaqlnq, lhcy usually lcnd lo hlrc lhclr
crmancnl cmloyccs lnslcad o conlraclual oncs.
D a i l y wa g e p l a n s D a i l y wa g e p l a n s D a i l y wa g e p l a n s D a i l y wa g e p l a n s
ln lhls calcqory arc lhc low lncomc qrou labours lhal work on dally waqc, lhclr
lncomc ls dccldcd on lhc basls o ollowlnq lans:
12 hours work cr shll
Plus alcr 12 hour shi ft, lhc extra 3 hours all undcr lhc calcqory o
ovcrllmc, or whlch lhcy ay on cr hour basls.
!hcy havc 8 shlls cr day, wllh PKR 150 lo PKR 350 cr hour ackaqc.
Techni ci ans, packagers, mechani cs, bakers, usually comc undcr lhcsc
calcqorlcs, uon lhclr cxcrlcncc wllh lhcm, allows lhcm lo uqradc
lo conlraclual and lhan crmancnl, slncc wc ound somc labours ovcr
lhcrc who wcrc assoclalcd wllh lhcm slncc 10 odd ycars llll dalc.
1 1 6 6
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
I N A NUT S HE L L I N A NUT S HE L L I N A NUT S HE L L I N A NUT S HE L L
ln a nulshcll, wc can caslly say lhal L8M ls a consumcr ccnlrlc orqanlzallon, qlvlnq
lhcm lhc ncbula lmorlancc whcn crcclvlnq and dcslqnlnq a roducl or lhcm. !hcy usc
lmorlcd lnqrcdlcnls ln manuaclurc o lhclr lnlshcd qood, wllh slandards louchlnq lS0
slandards.
Currcnlly lhcy arc lhc markcl lcadcrs ln blscull manuaclurlnq and lhc rcarc bls-
culls or cvcry aqc qrou, whclhcr chlldrcn, lccnaqcrs, younqslcrs, adulls, old aqcrs clc,
lhclr laslcs arc amous ln cvcry qcnrc, whlch qlvcs lhcm a dlsllncl oslllon ln markcl mlx
ln Paklslan.
whcn wc vlsllcd lhcm, wc wcrc scrvcd wllh lhclr ncwly bakcd Farm Fresh Cookies lo lcl
us uscd lo o whal lhcy had qol or us. wc ound lhclr dlslrlbullon nclwork vcry cccllvc
and swll, aarl rom lhal lhclr rcscarch and dcvclomcnl dlvlslon was so lnlcracllvc and
lnnovallvc lhal whllc wc wcrc lnlcrvlcwlnq Pu0, somc mcmbcrs o lhal Pu0 qrou wcrc
abroad or lhc samc. !hls shows lhc cnlhuslasm ln lhcm.
whllc analyzlnq lhc ovcrall cnvlronmcnl o lhclr olccs, wc ound lhal lhcy uscd lo
lnvcsl hcavlly on lhclr cmloyccs, and lclllnq lhcm uscd lo wllh lhc ncwly comlnq lcch-
noloqlcs so lhal lhcy can coc wllh ncwcr lcchnlqucs ln lhc ulurc, lhal's why cmloycc
sallsacllon and loyally was sccn lhcrc.
Lvcn Mr. hamdanl lold us lhal ln 8 days llmc, hc was also aboul lo lcavc or o-shorc
lralnlnq scsslon or lcarnlnq cvcn ncw LPP solullons whlch lhc orqanlzallon was lannlnq
lo lmlcmcnl ncar ulurc.
ln concluslon, wc can caslly say lhal L8M ls onc o lhc quallly consclous comanlcs ln
Paklslan, lhcy arc sclllnq lhclr roducls nol only on lhc basls o cccllvc advcrllscmcnls
1 1 7 7
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
bul also kcclnq a slrlcl conlrol on lhc quallly, and cccllvc usaqc o lcchnoloqy whcn ll
comcs lo allcallon o LPP solwarc or accounllnq and dala manaqcmcnl.





a a
R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Bibliography
NAME DESIGNATION
Ghufran Ahmed
Ansari
Officer Supply Chain
Iqbal Aziz Assistant Manager Imports
Syed Ali
Ashraf
Assistant Manager Production
(food technologists)
Jude
Gonsalvez
Assistant Manager Sales
(Sales Planning)
Sahrish Rasheed Brand Manager
M. Zahid
Khan
Business Support
Executive
M. H. Hamdani Senior Accounts Officer


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R e p o r t o n E n g l i s h B i s c u i t s M a n u f a c t u r e r s
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M a n a g e r i a l A c c o u n t i n g S e c t i o n C
F i n a l R e p o r t S u b m i s s i o n
Glossary
A


Annual General Meeting An opportunity to communicate with members, clients, part-
ners and other interested parties.

Audit Review, Inspection
C


Contractual based wages Contract based wage refers to a situation of quasi-voluntary
slavery where a person's livelihood depends on contract re-
stricted wages, especially when the dependence is total and
immediate.

Correspondence Communication, Association
0


Direct Labours Those whore directly involved in the production.

Direct Material Those raw materials which are directly involved in the manu-
facturing process.
L

Enterprise Resource Planning (ERP) Describes the integration of key business information across
the organization by way of computer software that is engi-
neered to benefit the organization as a whole and improve its
competitive posture.
l


Freight Cargo, Shipment
l


Indirect Labour Those whore responsible for packaging and similar responsi-
bilities.

Indirect Material Those raw materials which are not directly involved in the
manufacturing process but do compliment the product i.e.
packaging etc.
P


Preventive Measures Safety, defensive
!


Taxation The taxes referred to as income tax or capital tax.