Escolar Documentos
Profissional Documentos
Cultura Documentos
PREPARED FOR
MAM. UROOJ
PREPARED BY
MUHAMMAD AAMIR 107
KHALIL UR RAHMAN 106
HASSAN IJAZ
53
ROHIYA SIKANDER
79
INTRODUCTION OF FFC
With a vision to acquire self - sufficiency in fertilizer production in the country, FFC was
incorporated in 1978 as a private limited company. This was a joint venture between
Fauji Foundation (a leading charitable trust in Pakistan) and Haldor Topsoe A/S
of Denmark. The initial authorized capital of the company was 813.9 Million Rupees.
The present share capital of the company stands at Rs. 3.0 Billion. Additionally, FFC has
Rs. 1.0Billion stakes in the subsidiary Fauji Fertilizer Bin Qasim Limited (formerly
FFC-Jordan Fertilizer Company Limited).FFC commenced commercial production of
urea in 1982 with annual capacity of 570,000metric tons. Through De-Bottle Necking
(DBN) program, the production capacity of the existing plant increased to 695,000 metric
tons per year Production capacity was enhanced by establishing a second plant in 1993
with annual capacity of 635,000 metric tons of urea.
FFC participated as major shareholders in a new DAP/Urea manufacturing complex
with participation of major international/national institutions. The new company FaujiFer
tilizer Bin Qasim Limited (formerly FFC-Jordan Fertilizer Company Limited)
commenced commercial production with effect from January 01, 2000. The facility is
designed to produce 551,000 metric tons of urea and 445,500 metric tons of DAP.
This excellent performance was due to hard work and dedication of all employees and
the progressive approach and support from the top management. In the year 2002, FFC
acquired ex Pak Saudi Fertilizers Limited (PSFL) Urea Plant situated at Mirpur Mathelo,
District Ghotki from National Fertilizer Corporation (NFC) through privatization process
Pakistan.This acquisition at Rs. 8,151 million represents one of the largest industrial secto
r transactions in Pakistan.
VISION
MISSION
To provide our customers with premium quality products in a safe, reliable, efficient and
environmentally sound manner, deliver exceptional services and customer support,
maximizing returns to the shareholders through core business and diversification,
providing a dynamic and challenging environment for our employees.
CORPORATE STRATEGY
Maintaining our competitive position in the core business, we employ our brand name,
unique organizational culture, professional excellence and financial strength diversifying
in local and multinational environments through acquisitions and new projects thus
achieving synergy towards value creation for our stakeholders.
Honesty in communicating within the Company and with our business partners,
suppliers and customers, while at the same time protecting the Companys
confidential information and trade secrets.
Compassion in our relationships with our employees and the communities affected
by our business.
CONTROLLING
Controlling is a very much important aspect of big business. FFC controlling technique is
Bureaucratic. Because of in rules and regulation they use Bureaucratic controlling mean
the formal control, feed forward control aims to prevent problem before they arise,
feedback control implies the performance measure by the data and analysis the results.
With this they have the also have audit management and budgetary control by the help of
auditors, balance sheet, income statement and financial ratios.
Sometimes employees show reaction against these control then management take the
actions against him/her.
INNOVATION IMPACT
In fertilizer sector innovation is not so much important aspect. Because as old as
fertilizer product as increase in value and demand of product.
Because
Industry Market
innovation
are
slowly as
compare
to
Consumer
Marketing FFC for the purpose of innovating ideas Research and Development (R&D)De
partment is working. They used the latest equipment and welcome to positiveinnovation
by all over the world.
CENTRALIZATION/ DECENTRALIZATION
The culture of the organization is centralized and also decentralized that everyone has
followed the orders of the Top management and decentralized in the sense that some
decision are taken into consideration and solved by the specific department head.
Native Approach
Delphi Method
Expert Opinion
1. NATIVE APPROACH
Assume demand in next period is the same as demand at most recent period.
In native approach company evaluate its past sale and production performance and then
forecast the future demand and supply and take necessary decisions.
2. DELPHI METHOD
In Delphi method the panel consist of three experts; Staff, Decision Maker, and
Respondents.
Decision makers take necessary decision about product and respondents tell about the
market conditions.
3. EXPERT OPINION
In expert opinion a panel of experts sit and take decisions and forecast future plans.
Differentiation Strategy
FFC used differentiation strategy to distinguish the offerings of the organization in any
way that the customer perceives as adding value.
Differentiation is concerned with providing uniqueness.
FFC using product development strategy in which they are always focusing on introduced
a new product of fertilizer in a market.
Sometime they also using market penetration strategy through which they can obtain as
much profit they want. Because they are pinner of that product.
Railway
Roads
Certification Name
ISO-9001:2000
ISO 14001:1996
OHSAS 18001:1999
EMPLOYEES RELATIONSHIP
The culture has focused on the good relations among the employees. Each and every
person is working in the friendly environment and co-operate with each other.
technology, innovation, ways of communication and new management styles affect the
FFC in positive manners.
SOCIAL RESPONSIBILITY
In social responsibility of FFC there come environment and safety of their workers who
are worked at sight.
Safety has always been a hallmark of out their performance. They have always placed
safety ahead of all other business requirements. They have come a long way to develop a
safety culture where everybody speaks safety language
FFC PHILOSOPHY
They believe that most of the accidents are caused by human error and are preventable.
The management recognizes that safety is of prime importance and high
productiontargets can only be achieved through a good safety performance. FFC endeavo
rsexcellence in the field of personnel and plant safety. Personnel safety is regarded above
all business requirements
SAFETY AWARDS
They got 2 safety Awards
ENVIRONMENT
Like safety, environment at plant site is held. All efforts remain focused on themaintenan
ce, preservation and improvement of environment. If not complete elimination,
mitigation of pollution is the primary goal. Management is completely committed in its
support to sustenance of environment, which encompasses pollution, noise and greenery.
FFC has spent millions in achieving a complete control of the environment. For FFC, end
of the pipe treatment remains the last resort. It believes in mitigating pollution
throughrecycling, elimination or bringing changes to the system. Plant operation is strictl
ycontrolled to maintain a safe environment for plant personnel as well as the surrounding
community.
Focal Person:
Shakeel Ahmad
Designation: General Manager Marketing & Sales
Company: FFC