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Providing industrial equipment and services in Pakistan

Introduction

Grace Corporation Pvt. Limited was recognized on 26th May 1984. We have focused in providing industrial equipment and services in Pakistan. We are sharply rising since our commencement due to quality equipment, machinery, spare parts and after sales services.

Main industries we feel knowledgeable to serve are listed hereunder:

  • Cement Industry
  • Sugar Industry
  • Paint Industry
  • Petro-chemical Industry
  • Textile Industry
  • Power Generation

Grace Corporation Pvt. Limited provides you the best and well-known equipment, spare parts and also enjoying his goodwill due to good after sales services.

Equipments: In partnership with world prominent manufacturer, we supply Industrial machinery and equipment suitable to your requirements.

Spares: We are recognized as one-source supplier for Industrial spare parts.

After Sales Services: We have a committed team of technicians and services employees having 12-30 year of knowledge, fully competent to repair services and overhaul any equipment inclusive of blowers

Board Of Directors

  • Name of Directors:
  • Mr. Ahsan Aziz Qamar
  • Mrs. Noreen Qamar
  • MS. Fatima Qamar
  • Dr. Bilal Aziz Qamar
  • C.E.O. Mr. Ahsan Aziz Qamar
  • Chief Accountant: Mrs. Sajida Zafar
  • Company Secretary: Mrs. Sadija Zafar
  • Legal Adviser: Hashmi & Hashmi
  • Auditor: M/S Inam ul Haq & co. Chartered Accountants
  • Tax Consultant: Iftikhar Karim & Company

Vision:

We are devoted to endlessly improve industrial and marine service quality, and to provide industrial and ship supplies, which meet our client’s necessities in time, all the moment in time

Our Goals:

Our goals are to keep on increasing the assets and funds of the company and to maintain the development of marine services, and to keep ourselves as a key player in the marine industry.

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Core Values:

We believe in providing our clients with best potential services with shortest response times. We believe in inspiration, invention and innovation. We combine sincerity integrity and business ethics into all aspects of our big business operation

Banks

  • Details of banks are as follow:
  • Faysal Bank Limited (FBL)
  • United Bank Limited (UBL)
  • Habib Bank Limited (HBL)

Clients

Cement Industry:

  • Askari Cement Limited
  • Attock Cement Limited
  • Bestway Cement Limited
  • D.G. Khan Cement Limited
  • Fauji Cement Limited
  • Fecto Cement Limited
  • Pioneer Cement Limited

Sugar Industry:

  • Al-Shafi Sugar Mill
  • Shahtaj Sugar Mill
  • Petrochemical Industry:
  • Pakistan State Oil (PSO)
  • Pakistan Refinery Limited (PRL)
  • National Refinery Limited (NRL)
  • BYCO Petroleum Limited

Power Generation:

  • Kot Addu Power Company (KAPCO)

Competitors

  • M/s. Atlas Steel & Engg.
  • M/s. SAS Corporation.
  • M/s. Dynamics Engg.
  • M/s. Munir Associates

Fianancial Structure

Accounts & Finance Department:

The account and finance department seems to be the spine of the company. It gives me in depth general idea of the accounts and finance department, dealing with company dealings on regular basis to keep business in a course.

Less:

Administration and Operating Expenses 4,423,402.00 Profit Before taxation 289,602.00 Less: Provision for Taxation (124,530.00) Profit after Taxation 165,072.00 Add: Accumulated profit brought forward 410,580.00 Accumulated profit carried forward 575,652.00

Management Process

Management is process of planning , organizing , controlling and leading business activities to achieve managerial goals. There are basically four pillars of management on which the whole company based . These pillars are defined as follows :

  • Controlling
  • Organizing
  • Leading
  • Planning

Planning :

In an organization planning is the process of management that’s help in achieving managerial goals. Our CEO Mr. Ahsan Aziz Qamar plans the business activities for GRACE CORPORATION (PVT) LTD. GRACE CORPORATION (PVT) LTD is an indent house whose main production is to provide services and earn commission consequently

Organizing:

Organizing is another function of management that helps in developing an organizational composition and allocating human resources to accomplish the objectives of business. The organizational formation is the framework within which effort is coordinated. Dr. Bilal Aziz Qamar Director GRACE CORPORATION (PVT) LTD organizes the work of the business. The business arrangement is provided by the CEO Mr. Ahsan Aziz Qamar and organizes by Director Dr. Bilal Aziz Qamar accordingly.

Leading:

Leading involves the social and informal sources of influence that you use to motivate action taken by others. The person who leads is known as leader. And a good leader lifts off the industry. Dr. Bilal Aziz Qamar after organizing the business activities lead from the front and provide the guide line on which the managers have to work to realize business goals.

Controlling:

Control, or controlling, is one of the managerial functions like planning, organizing, staffing and directing. Control in management means setting principles, measuring actual presentation and taking corrective action. Mr. Zulfiqar Ahmed (Sales Manager) control the business activities and helps the sales executive in such a way that they can perform even better as they are working previously.

Swot Anlysis

SWOT Analysis is a useful method for understanding your Strengths and Weakness, and for identify mutually the Opportunities open to you and the fear you face. Strengths and Weakness are often internal to your organization, while opportunities and fear generally speak about to external factors.

Strengths:

  • High Quality: Grace Corporation Pvt. Ltd provide client the best and high quality products.
  • Brand Loyalty: Grace Corporation Pvt. Ltd provide industrial machinery of high-quality brand.
  • Services: Grace Corporation Pvt. Ltd offer a wide range of industrial creation in many industrial sector as like cement, sugar, textile, power generation, petrochemical etc, Grace Corporation is working since last 42 year and enjoying concern due to outstanding after sales services.

Weakness:

  • More Employees Turnover rate
  • Limited remuneration
  • Lack of control
  • No facilities available for employee
  • No extra activities like annual trip or etc Grace Corporation Internal control system is pathetic

Opportunities:

Positive external factors that a corporation can use to achieve its goals and objectives.

Threats:

  • Terrorist actions in Pakistan
  • Possibility of Political insecurity
  • Lack of Business activities and tourist influx
  • Negative Propaganda of opposition

Departments

Accounts & Finance Deparment

The accounts and finance section seems to be the backbone of company. It gives in-depth view of the financial records and finance department dealing with company dealings on regular basis to keep business in a flow.

The accounts and finance department is under the supervision of Mr. Bilal Zulfiqar who is the Chief accountant officer of corporation

Administration Department

Administration department is set for day to day activities that are relate to record keeping & billing An office administrator has the accountability of ensuring that the administrative activities within an business run professionally by providing structure to other staff throughout the organization. The administrative team is running under the supervision of Mr. Umair Naeem.

Sales & Marketing Department

The sales and marketing department is the back bone of the corporation, dealing with corporate client on regular basis to keep the business in flow. The sales team works under the management of Dr. Bilal Aziz Qamar, who is the director of sales and marketing. In short sales department play vital role in the growth of corporation.

Similar topics:

Essay on Finance

Cite this page

Providing industrial equipment and services in Pakistan. (2019, Nov 30). Retrieved from http://studymoose.com/project-859-example-essay

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