Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Internship Report of Vision Technologies LTD

Download as pdf or txt
Download as pdf or txt
You are on page 1of 45

VISION

INTERNSHIP REPORT

VISION TECHNOLOGIES PVT LTD.

A REPORT SUBMITTED TO THE DEPARTMENT OF BUSINESS


ADMINISTRATION, UNIVERSITY OF SIALKOT IN PARTIAL
FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MBA
(3.5)

Submitted By

19102015-025

Ali Shabi Ul Hassan

2019 – 2023

October 25, 2022

Department of Business Administration, Faculty of


Management and Administrative Sciences,

University of Sialkot, Sialkot-Pakistan.

1
VISION

UNDERTAKING

I solemnly declare that the work presented in the Summer Internship Report titled
“VISION TECHNOLOGIES” is solely my own work.

I understand the zero-tolerance policy of HEC and University of Sialkot towards


plagiarism. Therefore, I as an author of the above titled report declare that no portion
of my report has been plagiarized and any material used as reference is properly
referred / cited/acknowledged.

I further confirm that the document (internship completion certificate) that I have
provided is genuine (i.e. not forge/fake) and has been issued by the authorized person
in the organization. If I am found guilty of misstating, misleading or concealing the
facts about my activities (either academic or nonacademic but relevant to this course)
at any stage, the university is authorized to take disciplinary action against me
according to university policies and regulations.

I hereby also confirm that I have carefully read and understood all the guidelines, rules
and regulations provided by the course instructor. I assure that I will follow the
instructions regarding presentation & viva voce and will appear on the scheduled date
for presentation & viva voce which will be intimated to me by the Course Instructor.
In case of any negligence, I shall be held responsible.

Student Name: Ali Shabi Ul Hassan

Roll No: 19102015-025

Signature:

Date:

2
VISION

CERTIFICATE FROM THE SUPERVISOR

This is to certify that the Summer Internship Report entitled “Internship Report with
VISION TECHNOLOGIES ” is an academic work done by “Ali Shabi Ul Hassan”
submitted in the partial fulfillment of the requirement for the Master degree of Business
Administration (MBA) at Department of Business Administration, Faculty of
Management and Administrative Sciences, University of Sialkot under my guidance
and supervision. To the best of myknowledge, the report presented by the student is in
compliance to the provided guidelines by the department.

Signature of the
Supervisor Name:
Mr Ali Chohan
Designation:
Date:

3
VISION

DEDICATIONS AND ACKNOWLEDGEMENT

All praise, thanks and acknowledgements are for the creator the ALMIGHTY
ALLAH,

I want to dedicate my work to my honorable parents and respectable teachers, whose


prayers and efforts make me able to do this task. I dedicated my work to my family
and my parents.

All the praise is for Allah, the most merciful and beneficent, who blessed me with
the knowledge, gave me the courage and allowed me to accomplish this difficult
task.

I am much thankful to the Allah who gives me patience and power to complete my
internship and he gave me opportunity to learn much through my University.

I am heartedly thankful to my all teachers for giving me enough knowledge to be able


to carry myself efficiently during my internship.

I would like to be thankful to our Course instructor who helped me to complete this
project. I am also much thankful for my respectable teachers as well because, they
provided me opportunity to have such nice experience.

My period of internship in this organization was about six weeks and it was a very
good experience. I would like to thanks Mr. Zain Ul abadin (General Manager Sports
Industry) Sialkot, who helped me a lot in internship and I gained much more than
otherwise I would.

I am also especially thankful to Miss. Aneela Ehsan (Office Assistant and Inventory
Operator) for her valuable guidance throughout the Internship period.

4
VISION

Table of Contents

UNDERTAKING ......................................................................................................... 2
CERTIFICATE FROM THE SUPERVISOR .......................................................... 3
DEDICATIONS AND ACKNOWLEDGEMENT .................................................... 4
1 INTRODUCTION..................................................................................................... 8
1.1 PURPOSE: ........................................................................................................... 8
1.2 SCOPE: ................................................................................................................ 9
1.3 OBJECTIVES: ..................................................................................................... 9
1.4 VISION STATEMENT........................................................................................ 9
1.5 MISSION STATEMENT:.................................................................................. 10
1.6 CURRENT STRATEGY: .................................................................................. 10
2 OVERVIEW OF THE ORGANIZATION ........................................................... 11
2.1 BRIEF HISTORY: ............................................................................................. 11
2.2 NATURE OF THE ORGANIZATION: ............................................................ 13
2.3 BUSINESS VOLUME, REWARD HONORS & SUCCESS STORIES (IF
ANY) DURING LAST 5 YEARS ........................................................................... 13
2.4 PRODUCT LINES: ............................................................................................ 13
2.5 PESTLE ANALYSIS ......................................................................................... 14
2.6 CONTRIBUTION OF ORGANIZATION TOWARD ECONOMIC
DEVELOPMENT .................................................................................................... 16
3 ORGANIZATION STRUCTURE ......................................................................... 17
3.1 ORGANIZATIONAL HIERARCHY CHART: ................................................ 17
3.2 NUMBER OF EMPLOYEES: ........................................................................... 18
3.3 MAIN OFFICE: ................................................................................................. 18
3.4 INTRODUCTION OF ALL DEPARTMENTS:................................................ 18
4 INTERNEE WORK................................................................................................ 25
4.1 BRIEF INTRODUCTION OF INTERNEE’S OFFICE/BRANCH: ................. 26
4.2 DETAILS OF SUPERVISORS: ........................................................................ 27
4.3 WEEKLY TIMETABLES: ................................................................................ 27
4.4 DETAILED DESCRIPTION OF THE DEPARTMENTS: ............................... 31
4.5 DETAIL DESCRIPTION OF THE OPERATIONS/ACTIVITIES OF THE
DEPARTMENT YOU WORKED IN...................................................................... 35
4.6 DETAIL DESCRIPTION OF THE TASKS ASSIGNED TO YOU ................. 36
4.7 SUMMARY OF LEARNING: .......................................................................... 36

5
VISION

5. CONCLUSION: ..................................................................................................... 39
5.1 A SUMMARY OF KEY CONCLUSIONS DERIVED FROM THE
INTERNSHIP EXPERIENCE. ................................................................................ 40
5.2 GENERAL OBSERVATIONS ABOUT THE SECTOR IN WHICH YOU ARE
INTERNSHIP COMPANY/INSTITUTION OPERATES. ..................................... 41
5.3 SWOT ANALYSIS: ........................................................................................... 41
6 RECOMMENDATION: ........................................................................................ 43
7 SUGGESTION FOR FUTURE INTERNEE ....................................................... 44
8 REEFERCES........................................................................................................... 45

6
VISION

EXECUTIVE SUMMARY

The internship is very complementary and imperative for regular MBA students, and
without doing this programmer, the degree is not completed, and the concepts that we
learn throughout our university courses need a place to see them happen practically.
As a result, I have choose "Vision Technologies PVT Ltd." In addition, I have
decided to do an internship in this industry. This report is a short description of the
institution and my experiences there. This report examines the entire organization's
history, biography, selling, buying, and various departments. In the last 5 to 6 weeks,
I have seen people working on how things are made, as well as how various
departments do their employment.

My supervisors were quite cooperative during my internship period, responding my


concerns calmly and providing me with organization guides. Apart of their constant
activity, my interrogation never bothered them. Because of their help and cooperation,
I can now confidently say that I am fully aware of the functions and activities performed
in the accounts department.

In the beginnings of my internship, I observed and helped with tasks and duties going
to take place in the Accounts office. I was held responsible for entering bills in journals,
ledger reconciliation, voucher printing, maintaining records, preparing import payment
documents, maintaining employee payroll records, preparing export documents, and
credit advices sent by bank, Salary slips printing, cash from banks, salary distribution,
denomination of cash, preparation of Daybook, as well as other duties and tasks. During
my internship, I attended various banks, which increased my confidence and
communication skills.

During my trips to banks, I was given the responsibility of handling large amounts of
money. During my internship, I toured various banks, which improved my confidence
and communication skills. During one of my trips to a bank, I was given the
responsibility of holding a significant amount of cash in order to evaluate my honesty.

7
VISION

1 INTRODUCTION
Vision Technologies is a supplier and manufacturer of sports products based in
Sialkot, Pakistan. Established in 2000, the company specializes in the production of
football, volleyball, handball and goalkeeper gloves for several international sports
brands. With a high quality, best-in-class new technological approach to sports
production, Vision Technologies enables sports companies from all over the world to
meet ever-increasing consumer demands.

Vision Technologies is a growing company in contrast to other companies in Sialkot.


However, in a short amount of time, it has risen as one of Pakistan's leading makers
of sporting goods. What separates Vision Technologies from its competition is its
commitment to dominate the market and never falling behind in the global sports
sector. Therefore, Vision Technologies has made substantial investments in its
production capabilities in order to satisfy the demands of its international customers.

Vision Technologies' daily operations are based on clean manufacturing principles.


Continuous innovation, according to company, also associated with continuous
improvement. Vision Technologies now has the technological capacity to manufacture
machine-stitched, thermo-bonded, hybrid, and composite sports balls. Today,
however. The vision fits with all of its customers' ever-changing needs and continues
to use today's resources to meet tomorrow's demands.

The success of this effort, of course, goes to all Employees who fully cooperate with
me, provide insights, and convey knowledge about their job. Many thanks to all.

1.1 PURPOSE:
The goal of the internship was to examine my practical field's learning. The main goals
are:

 To understand about professional life in businesses


 To learn about professional life in organizations:
 To strengthen my own abilities in the industrial field.
 To gain knowledge that will be useful to me in future.
 To use the best methodology procedure
 To understand what changes IT brings to business operations.
 In addition, you improvement experience-handling time, things, and people.

8
VISION

1.2 SCOPE:
As an intern in the Vision industry, I targeted my research on the basic principles and
methods of running any business. These concepts cover the internal and external
business environment. Internal business activities were related to Vision industry
management and employees. As just an end, this studies from the relevant department
will help me in my practical and professional life.

1.3 OBJECTIVES:
The object of this report is to know the maximum working of the Vision industry,
which includes:

 To objectively observe the operations of Vision Industries (PVT) Ltd.


 To make recommendations or implementation plans for the improvement of
the Operations of the Vision industry.
 To know who to deal with the customers and clients.
 To know that how the companies works in the competitive environment.
 To learn the changing environment.
 To gain the knowledge this will be helpful for me in the professional field.
 To give the experienced services to every individuals.
 To understand the customer has needs and wants.
 To convince the people for more relationship.
 To run the business in the effective way and lower its cost.
 To create and manage the value in customer’s mind.

1.4 VISION STATEMENT


20 Years of Innovation Past, Present and Future Group Vision Technologies Private
Limited is one of the few companies in the Sialkot industry that can trace its history
back to 20 years. Vision Technologies is a manufacturing and export business dealing
with footballs, volleyballs, rugby balls, steam balls and medicine balls, shoulder bags,
gym bags, team bags, shopping bags.

Combining established business and family values, experience and skills, the third
generation of the family entered the international trade industry, gaining business
knowledge, education and experience. History - History of Product Innovation We
hope to bring to the corridor from the rich business history of Forward Group and its

9
VISION

management, which has the privilege of creating and introducing new ethos and
techniques that have become a source of guidance in Sialkot. From 1988 to the present
for the small and large sporting goods industry. To ensure the future of the company
and its employees, produce high-quality sporting goods, and provide customer
satisfaction by providing safe, durable and convenient products through reliable,
efficient and continuous organizational improvement.

1.5 MISSION STATEMENT:


Our goal is to provide high quality products. Understand our client's requirements and
consistently deliver them. Encourage innovation/creativity to expand and
continuously improve the use of quality practices to produce goods in domestic and
international markets.

1.6 CURRENT STRATEGY:


Strategy is the direction in which the CEO works to improve performance in the
company's environment by utilizing resources to achieve the main goals and initiatives
that emerge on behalf of the owner. This includes defining the organization's mission,
vision, and goals, developing policies and plans, often in terms of projects and plans
designed to achieve those goals, then allocating resources to implement those policies
and plans, projects, and programs. Balanced scorecards are often used to assess overall
performance and progress toward goals.

Vision Sialkot is committing its charge and vision in the sense of quality. No doubt,
there is no concession in goods quality. Vision Sialkot is doing successful sweats to
gain its objects, to continue its charge and to broad its vision.

They are committing their clear view regarding quality product. They are furnishing
durable, dependable and affordable quality product as according to the demand of their
guests. They are satisfying the guests by fulfilling their asked design, color, size and
quality. On time product delivery is an else point for Vision in original as well in
transnational request. Vision is assiduity doing their stylish to use the sources in a
stylish way to negotiate their pretensions. According to their strategy, regarding design
is also veritably compatible.

10
VISION

2 OVERVIEW OF THE ORGANIZATION

2.1 BRIEF HISTORY:


Mr. Ahsan Naeem is largely viewed as the vision industry's founder. It started
operation in Sialkot in 2003. Established in 2003, it has become Pakistan's leading
maker of the following products in the last 9 years. Following that, they accepted
orders for huge quantity of sports items, and this contract fueled their desire to become
a well-known business in Pakistan. Within just a few years of its establishment, it
began nourishing at a phenomenal rate and began meeting the orders of various
businesses. As the business grew, it was decided to open retail outlets and wholesale
depots across the country. The business now has over 300 retail stores, nearly 1500
dealers, and 10 wholesale depots. The company then took the next step and entered
the export market realizing that the country was at the forefront of foreign exchange.
Exports are done according to international standards, on-time delivery is key and the
hallmarks of the same vision and trend continue.

In 2007, in a span of 3 times, Vision grew its product capacity to over 1 million sports
balls per time. In addition, it grew its product immolation to include handballs. During
2007, Vision produced the largest soccer ball, measuring 33 bases in length that was
registered in the Guinness Book of World Records.

In 2012, Vision has completed construction of a new 117,000 square foot


manufacturing and warehouse facility to meet customer needs. The new facility
allowed Vision to increase its annual production capacity and begin producing
machine-stitched balls

In 2016 after a significant investment, Vision expanded the production of thermos


bonded and hybrid sports balls starting in 2014. In addition, the company was granted
its first patent in the United States.

In 2021, Vision Technologies is one of the leading manufacturers of sports products


from Pakistan. With more than 1,500 employees, the company's production capacity
has reached more than 3 million sports balls per year and has the technological ability
to produce thermo-bonded, hybrid, fusion technology and laminated balls. Vision has

11
VISION

purpose-built facilities with high manufacturing principles in mind to keep lead times
to a minimum while ensuring high product quality.

Vision Industry Limited operates as a factory. It makes the sport clothing and
equipment. It produces many forms of football as well as clothing as a raw material
for casual wear and trousers.

Vision's products are purchasing behavior durables and interiors. It functions as a


private limited business.

MANAGEMENT OF THE COMPANY:

 Starting Year: 2003


 Founders & Chairman: Mr. Ehsan Naeem
 Managing Director:Mr. Aslam Pervaiz
 General Manager: Mr.Zain Ul Abbadin
 IT Manager:Mr. Malik Jamil
 Finance Manager: Mr. Muhammad Afzal
 Monthly Production: Balls 19 lac to 20 lac

Its main office is in Sialkot.

VISION TECHNOLOGIES CORPORATION (PVT) LTD

Technology Drive, 14 Km, Pasrur Road

Sialkot – 51411, Pakistan Tele: 92 52.354,9393

Cell no: 92.3008616669

E-mail: vision@vision.com.pk Website: www.vision.com.pk

BOARD OF DIRECTORS:

CEO: Mr. Ehsan Naeem

Managing Director: Mr. Aslam Pervaiz

Director: Mr. Mohsin Naeem

General Manager: Mr.Zain Ul Abbadin

12
VISION

Factory Management: Mr. Zain Ul Abbadin (General Manager)

2.2 NATURE OF THE ORGANIZATION:


Vision Industries produces sports products that meet the needs of not only the local
market, but also the international market. The vision industry generates attention and
produces consumer durables. It is a private limited company and belongs to the largest
organization in Pakistan.

2.3 BUSINESS VOLUME, REWARD HONORS & SUCCESS STORIES (IF


ANY) DURING LAST 5 YEARS

FIFA quality:

ISO (International Organization for Standardization) is a worldwide federation of


national standards organizations (ISO member organizations). Preparation of
international standards is usually done through ISO technical committees. Each
member organization focused on the material of the technical committee has the right
to be represented in the committee.

International Handball Federation:

The International Handball Federation is the main and central body for handball and
beach ball.

BSCI

The Business Social Compliance Initiative (BSCI) is a leading force chain operation
system that supports companies to drive social compliance and advancements within
the manufactories and granges in their global force chains. BSCI implements the
principle transnational labor norms guarding workers’ rights similar as International
Labor Organization (ILO) conventions and affirmations, the United Nations (UN)
Guiding Principles on Business and Human Rights and guidelines for transnational
enterprises of the Organization for Economics-operation and Development (OECD).

2.4 PRODUCT LINES:


The Vision industry is running the following products:

 Soccer

13
VISION

 Handball
 Futsal
 Volleyball
 Goalkeeper Gloves
 Rugby Balls

2.5 PESTLE ANALYSIS


PESTEL analysis is a simple and effective tool used in situation analysis to identify
the key external forces that might affect an organization. These forces can create both
opportunities and threats for an organization.
Political:

 Government type and stability


 Tax policy
 Trading policies
 Changes in the political environment
 Regulation and De regulation trends
 Educational Law
 Wars and conflicts
 International pressure groups

Economical:

 Stage of business cycle


 General taxation issues
 International trade issues
 Home economy situation
 Labor cost

14
VISION

 Inflation rates
 Growth rates
 Interest rates
 Exchange rates

Social:

 Population growth rate


 Population health education and social mobility
 Religion and beliefs
 Ethical issues
 Buying access and trends
 Brand company technology image
 Attitude toward saving and investing
 Lifestyle choices and attitudes toward socio cultural changes

Technological:

 Research and development activity


 Impact of emerging technologies
 Impact of technology transfer.
 Global communication
 Technology legislations
 Intellectual property issues.

Environmental:

 Environmental regulation and protection


 Weather and ethical issues
 Air and water pollution
 Waste management

Legal:

 Tax polices
 Employment laws
 Safety regulation

15
VISION

 Data protection
 Antitrust law
 Competition regulation.

2.6 CONTRIBUTION OF ORGANIZATION TOWARD ECONOMIC


DEVELOPMENT
Sialkot is the only megacity where 99 percent of Pakistani products are exported to
colorful countries of the world. Sialkot- grounded small and medium diligence earn
further than one billion bones of foreign exchange annually through exports and
boosting the public frugality and SCCI operation is active in social, profitable,
marketable and educational conditioning of the megacity and quarter of Sialkot and
profitable development. Sialkot Chamber of Commerce and Industry (SCCI) President
Mansoor Ahmed said that Sialkot exporters are" walking ministers of Pakistan" and
because of their business and particular sweats, Sialkot's import earnings are
there.$1.8 billion in1.8 times. He said that Sialkot exporters play an important part in
strengthening the public frugality and promoting public exports by earning foreign
exchange of about$1.8 billion annually. He described the unique import culture of
Sialkot and the remarkable socio- profitable development of Sialkot grounded on the
tone- reliance of the business community of Sialkot. Sialkot is the only import-
acquainted megacity in Pakistan, where 99 percent of artificial product is for import.
Manufactured in Sialkot and exported to all corners of the world. Sialkot football
accessories, hockey sticks, justice outfit and sportswear are used in Olympics, World
Crowns, Asian Games and other transnational events.

16
VISION

3 ORGANIZATION STRUCTURE
There are two structure of association that is hierarchal and flat structure. The Vision
industry limited Sialkot has hierarchal structure. It has large number of departments,
each has good force and jobs are allocated to each department and independent and
independently, headed by separate department head. There are veritably many cases
at Vision Industry Sialkot where a single person is heading two or additional
departments. There's a long chain of command, each chain member having one or
further sub- ordinates there are large number of position like resident director, general
director, directors, Assistant directors, staff/ administrator/ chief, and workers. A
veritably short spans of control each member having

3.1 ORGANIZATIONAL HIERARCHY CHART:


The highest authority at Vision Industry Sialkot is Resident Director, which is being
followed by General Manger. The Hierarchy chart of Vision Sialkot is as:

17
VISION

3.2 NUMBER OF EMPLOYEES:


The vision industry has a small number of employees, but is now one of the largest
organizations in Pakistan. Vision operates two sporting goods factories in Sialkot. The
number of employees who work with this sports product is more than 300.

3.3 MAIN OFFICE:


Its main office is in Sialkot.

VISION TECHNOLOGIES CORPORATION (PVT) LTD

Technology Drive, 14 Km, Pasrur Road

Sialkot – 51411, Pakistan Tele: 92523549393

Cell no: 923008616669

E-mail: vision@vision.com.pk Website: vision.com.pk

3.4 INTRODUCTION OF ALL DEPARTMENTS:


It has number of departments being headed by department’s head, which is
substantially a director. The vision assiduity have its HR, deals and product
18
VISION

development department at Sialkot. These departments work in collaboration so that


affair of the one department makes the input of the other and hence this process goes
on until the completion of the process in unified way.

The functions of these departments are as follows, still these department works
beyond this it is just their base functions or working

Marketing Department:

To bring the demand through different tools and to dissect the request trends and pass
all the information to the affiliated departments for the manufacturing of the final
product according to the request demand is the responsibility of the Marketing
department.

Production Planning and Development Department:

Product planning and development is responsible to coordinate the conditioning of


sample development section that is model room and substantially to allocate the
conditioning to the product places. It receives the demand form the marketing
department in term of number of particular material needed to make the goods. It also
works to check the feasibility of the orders entered from marketing department. It also
check the vacuity of accoutrements needed for product. After all these process, they
develop the product plan and allocate the conditioning to the product units according
to the capacity of unit.

Costing:

To allocate the accoutrements and their amounts to be needed for the bulk product and
the cost of each football part is the responsibility of the going department. This
department receives the number of the sports goods to be manufactured from the
planning department and the material that are needed in the product from model room,
which is called specification. Form the numbers they come up with the nature and
volume of the stuff needed for bulk production also they raise material estimate
distance which includes the material needed it volume and date when it has needed.
This estimate is handed over to the purchase department to buy that material form the
market.

Purchase department

19
VISION

This department is fostered divided in two sections first is original purchase and other
is foreign purchase. This department receives estimate wastes from going department
and work unit. However, which are being bought formerly it simply raise purchase
order to the formerly settled seller at settled rate, If the particulars are regular.
However, it asks the going department to give sample along with demand, If there's
new thing to be bought. Purchase department sends this sample to the applicable
supplier and asks them to quote prices. In addition, they negotiate with the suitable
supplier on agreement of the price and other term they raise purchase order to that
supplier.

Entering Room

All the accoutrements or other effects, which comes in the plant, go to entering room
first. All the merchandisers discharge their material at entering room except bulk
material, which is disburdened at their applicable stores. The entering apartments
check the material to make ensure that the material is according to documents
enclosed, which is called delivery challan. It only insure the volume but not quality.
Raw Material Store:

The stores are divided according to the material they store. There are figures of stores,
which include chemical store, specialized store, primary store, packing store, bladder
store, rubber wastes and secondary store.

The store receives the accoutrements from the receiving room after it is passed. The
store counts the accoutrements and if set up correct he generates the entering report,
which assures that the material, is taken on charge as stock in hand.

The store is also responsible to issue the accoutrements to the product unit against
indenture.

Production Department:

The largest and the far most important department in any plant is always is product
department. This department is divided according to their functions and they are in
alien in such a way that affair of the bone is the input of the other. Following are the
sub product departments

20
VISION

The first step in the product process is to issue bladder, chemicals and primary from
the stores, the issued material is transferred to ministry regulators and main product
unit where it is made by different kinds of ministries and convert to football,
basketball, rugby ball etc. This process contains rubber distance, which is published
by different colorings and design. In addition, these wastes should give a shape, which
is used to, made goods like football. After making raw material for good, these football
goes to sewing department where it stiches the football as according to the demand.
Back sheeting department receives the polishing. This back coating material is
manufacture inside the plant and land from outdoors. These are also transferred to the
over locking department.

Then the examination is started and after the examination the footballs are transferred
to the quilting section where they're packed in the plastic wastes and also eventually
they're transferred to the applicable god- owns for dispatch to the depots.

The plant director, who is as well the product director, leads the plant. The sidekicks
further help the product director. There are figures of administrators and
administrators with a large number of machines and workers who are minding diurnal
product conditioning.

Finished Goods warehouse:

The goods, which are manufactured in the product unit, are transferred to the finished
goods storehouse, where they are stored until they are dispatched to its destination.
Before dispatching, they are insulated according to the conditions of the depots and
the retail outlet. There are four stores for the finished goods, which are retail store,
noncommercial, import, go down and import left over storehouse.

21
VISION

Claim and Return Goods:

The goods, which are returned, by the retailers and the client being defective are kept
by the claim and return goods department. Returned goods may include football
packed of the wrong size, design that was not needed. While, claims goods include
particulars, which come imperfect within the guarantee period during its use by the
client. This department receives these goods, makes report of its blights, and sends to
the applicable persons to check whether the claim is justified or unjustified. If the
claim is justified means that the client is right to claim the imperfect is replaced with
the new bone and the measured are taken to amend the error in future. If is not justified
no relief is made.

Security:

The security department is responsible to keep the law and order inside the plant. The
professional security guards are running this department in important- arranged mores.
The security staff is appointed at gates and other important places inside the plant.
There are also Hidden security cameras fixed in different locales of the plant, which
cover all the conditioning and views inside the plant and the authorities in their
services cover these.

Quality Assurance and Control Department:

Quality assurance department is responsible to save the grade of not only raw material
but also finished goods also upward to mark. This department is disassociated in to
two section one section is responsible to check the quality of the incoming raw
material and the other is accountable to check the quality of the goods in process and
at closing tribune. The section who is at checking the perceptivity of incoming
substance receives the sampling of incoming raw material along with the blessing slip
from the receiving room.

Human Resource Department:

The Human resource department is responsible for all matters related to hiring and
firing employees. The personnel department is responsible for providing labor to all
other departments. This department also maintains all personnel records, which are

22
VISION

made available to the public and the relevant authorities when required. Also
responsible for conducting employee tests and interviews for recruitment.

Finance/Accounts:

A general manager of the account department together with the assistant manager.
This section deals with salary issues. This department handles activities including
wages and salaries, treasury, budgets, invoicing, payments to suppliers, account
management, pensions, salaries and miscellaneous expenses.

IT Department:

The IT department is responsible for managing all computer systems and database
related activities. This department works as a system support department for other
departments so that they can do their work better.

They create different reports in the database according to the requirements of


employees of different departments. The department has a strength of nine employees
including three programmers, three assistants and two equipment supervisors and one
cattleman.

Engineering and Maintenance Department:

This department is responsible for the smooth operation of all plant assets, if all
machines are scheduled ahead of time after a specified period. Several mechanical and
electronic engineers keep the entire physical infrastructure of the facility in good
condition.

Laboratory:

Vision has a large laboratory under the leadership of senior technical managers and
sports skilled technicians. The laboratory tests incoming materials that require
chemicals and their specifications are recorded. They also carry out other tests
recommended by the quality department to check the materials during the
manufacturing process to check the materials during the manufacturing process to find
any effect on the sports product.

Drawing Office:

23
VISION

The drawing department or department is responsible for the design of the ball
requested or requested by the customer. It explores all design possibilities that can be
applied to products and clothing. This section also shows the materials and tools
needed for the design.

Sales Department:
Vision Display, where the sales department is located, so this report only includes the
results collected from various employees of the Vision factory. The Country Sales
Manager leads the sales department, reporting to the Chief Operating Officer.

3.5 COMMENTS ON THE ORGANIZATIONAL STRUCTURE


The structure describe the situation of the vision industry. The structure of
organization are centralized because every department has a leader in shape of
manager and set the goal for every employees of the department. My comment on
organization structure is the first week of my internship is very bad experience because
it is new for me and first time in my life. The organization should facilities and engage
with all employees create good relation with workers.
The benefits of working here far outweigh the monetary rewards we receive.
Management provides constructive criticism when appropriate and praise when
appropriate. I receive more positive feedback and recognition here than anywhere else
in my life. My confidence level has increased significantly.

24
VISION

PART 2

4 INTERNEE WORK
I have completed my six weeks internship training in Vision Technologies Pvt. Ltd.
Sialkot. The Vision Technologies Vision Technologies Pvt. Ltd is positioned at Pasrur

25
VISION

road near to Sialkot. There are the administrative directors of Vision Technologies
Pvt. Ltd like Aneela Ahsan, Zain Ul abideen Ahsan and Osama Bin Ahsan. Ahsan
Naeem is the principal superintendent of the company/ association. The company/
association are engaging to importing, exporting and complete manufacturing of
ingrained soccer balls footballs. The M/ s Vision Technologies Pvt. Ltd is the leading
company to producing and exporting of soccer balls in the Sialkot sports diligence and
as well as in the Pakistan. The Adidas International Trading is biggest strategic
business mate of Vision Technologies Pvt. Ltd. The company has also others
transnational ingrained guests like, Star Sports Korea, Lotto Sports, Diadora Sports,
Admiral Sports Canada, School Specialty USA, and Champion Sports USA. The
Vision Technologies Pvt. Ltd is producing to different kinds of soccer balls as if
Machine sutured Hand Stitched and Thermal Bonded (TM) balls. The Vision
Technologies Pvt. Ltd is holding and maintain to the different kinds of transnational
quality standard instruments. It is proud to Vision Technologies Pvt. Ltd that
association is wining to stylish import quality award last four time from Federation of
Pakistan Chamber of Commerce & Industries (F.P.C.C & I) Karachi Pakistan

Plan of Internship program:

Plan of internship program is given below in tabular form

Sr. No. Starting Ending Date Name of Duration


Date
Department (In days)

1 01/08/2022 05/09/2022 Finance 40

4.1 BRIEF INTRODUCTION OF INTERNEE’S OFFICE/BRANCH:


The internship was my first step into practical life, I learned a lot and it helped me
gain valuable experience that will help me when I enter my professional life after
graduation.

My relationship with this company is part of the Finance Department. This was a great
experience for me and helped me understand where my potential lies. What I learned
during my week at Vision was how to communicate with the people I work with every

26
VISION

day, build trust and improve my skills. This experience prepared me for my future
career in FINANCE, so this experience helped me a lot.

The experience taught me responsibility, teamwork and how to deal with problems
when they arise. Although the nature of work is very basic as an experience, I have
seen what practical life is all about.

This experience was a great experience overall. This report covers Vision's sports,
clothing business, and the IT department where I work.

This report describes my learning and experience, responsibilities and achievements


at Vision. The final part of the report consists of some of my suggestions and
recommendations.

4.2 DETAILS OF SUPERVISORS:


In this factory, there is a lot of work and manager attach me with accountant of factory.
The accountant is my supervisor and his name is Fawaz Pal. His experience almost 4
years and very talented person and teach me well about software. First day of my
internship, guide me every detail about factory.

4.3 WEEKLY TIMETABLES:


Following is the weekly timetable of my learning and working during my internship
at Vision Industry.

FIRST WEEK

Description of the Work:

 Journal Entries
 Voucher Printing
 Ledger Reconciliation
 Export Process

Journal Entries

27
VISION

Accepts the bills, which are existing transferred by the bringing department and
making journal entries of those bills in the company records.

Vouchers Printing

After journal entries, he takes voucher print of that specific sale which are to be inked
by the account officer, accounts manager as well as managing director, after
autographs these validations are filed with its bills in train of that express supplier.

Keeping Ledger Rapprochements

Keeps record of the tally of all suppliers and inform them regularly about the balance
outstanding, and if there are any queries in balance of supplier and association,
demands the tally of supplier to equal against company record. He also maintains the
tally conciliation accounts.

Export Process:

This process starts from a bargain. A buyer connections the company and tells them
about their demand. This contact may be direct or through agents. In response to this
contact, the director frequently settles the price and term condition through visit, fax
telex, telephone etc. When the contract is progressed three clones or contract are issued
to the buyer. They transferred back one dupe to Vision Technologies (Pvt.) Ltd. which
is in full arrangement to their terms and conditions. If any agent is involved, three
clones are transferred to agent. After agreement of both the parties on terms and
condition, the buyer opens L.C. in this bank. That foreign bank sends thatch. To bank
in Pakistan and that bank gives original to Vision Technologies (Pvt.) Ltd. The
companies after fulfilling the conditions of L.C. dispatch the material tone exported

SECOND WEEK

Description of work:

 Separate file of each supplier


 Payment to Supplier
 Ledgers Reconciliation

Separate file of each supplier:

28
VISION

Keeps individual file of each supplier in which all the affiliated bills, clones of
remittances cheques are entered to preserve accounts.

Payment to Supplier:

When payment is to be made to the material supplier, a Habib Metropolitan Bank cross
check is issued to the supplier, which is photocopied on file.

Ledgers Reconciliation

This day I called nearly 15 suppliers to shoot their checks incontinently for
conciliation. Only 10 suppliers transferred checks and I made conciliation accounts of
checks, occasionally there may be huge differences in quantities of supplier and
company tally, for delicacy we must conform the dates of deals.

THIRD WEEK

I currently work in the tax department and I know how taxes work. I understand that
there is a tax payment and refund process that involves the following steps:

 Collection of sales tax invoices


 Arrangement of invoices by suppliers
 Manual calculation of special price and tax value
 Feed invoices on the FBR site.
 Make stock reports and import reports
 Then work in the Refund Claim Processing System (RCPS) software buy
food, export, import, stock reports and reserves are also prepared in this
software.
 After that, the withholding tax claim is prepared and submitted to the bank
and after the bank is changed, it is submitted to the FBR.

FOURTH WEEK

Description of work:
 Import payment documents
 Journal entries

29
VISION

 Export Entries
 Export documents
 Journal Entries of Export
 Overtime Payments
 Salary slips

Import payment documents:

Import payment documents are prepared and approved by the account manager for
completion.

Journal Entries:

After payment of import, journal entries are too made by accounts officer.

Export documents:

This officer is also liable for maintaining records of the receiving of cash from exports.

Journal Entries for Export:

After receiving of cash, the officer arrives the data into company software.

Overtime payments:

Records and sheets of overtime payment, keeping in view that there should be no
employee who has not been included in overtime payment, but he has overtime .Such
confusions create many problems for the officer and manager as well.

Salary slips:

This officer trust in view the last month’s salary and eventually payments prints salary
slips.

FIFTH WEEK

Description of work:

 Payment of salaries
 Wages
 Salaries

30
VISION

 Payroll Accounting

Payment of Salaries:

Monthly salaries are paid by Cashier after printing of salaries sheets.

Wages:

All kinds of fat are prepared in the factory. For this purpose, record the date and time
of work for each employee. Therefore, wages are calculated accordingly and paid to
workers.

Salaries:

Salaries are fixed and are prepared by entering the attendance record of the workers.
Extensions of different allowances and deductions of different arrears and finances
benefactions are made there from. Pay slips of all workers are set and allocated to their
almost account figures by transferring a bank input. In this drive hires are paid to the
hand.

Payroll Accounting:

Payroll section at head office deals with the salaries and other types or benefits
available to the employees of the companies.

SIXTH WEEK:

Payment of Dues:

The cashier pays the expenses of the dismissed employee, all entries made by the
cashier with a single debit entry are temporary advance checks, and payments are
made to the dismissed employees until the payment is checked against the temporary
advance. Every payment made by the cashier is made through a cash payment slip.

If the employee has gratuity, the "gratuity and other allowances account" is debited
otherwise, only the "salary account" is credited.

4.4 DETAILED DESCRIPTION OF THE DEPARTMENTS:


My department is Finance/Accounts department where I have worked. It is very busy
department of the factory. In this department, I worked with accountant and enter

31
VISION

vouchers in software NetSuite. The manager approve all vouchers and takes reports
from employees. In order to provide past and present transaction with vendors the
finance department have all records with other vendors. The data of transactions in
files and software. Within companies and large organizations, the department
responsible for transaction and ledgers is sometimes called the Finance department.

The general manager of the finance department control and lead the department. Then
deputy manager of finance department control bank accounts of the industry. In this
addition deputy manager, control the customers payments engage with banks.

The finance department control the salaries, vouchers and amounts from customers it
is not easy for any common person. The accountant control the vendor’s statements
and contact with vendors for payments who industry paid to others companies.

In this addition the accountant control petrol, pump payments the industry give weekly
petrol to employees and transportation for workers

My work is there attach with accountant and slips of vouchers, open market vouchers
so many vouchers entered in software.

DEPARTMENT HIERARCHY:

The finance department is situated in Vision and works under manager. The manager
with deputy manager one head of accounts one accountant and four officers. The

32
VISION

Hierarchy chart of finance department at Vision Industry Sialkot is as follows:

33
VISION

Number of Employees:

The finance department has eight employees responsible for different duties assigned
to them which includes four officers, one accountant, on head of accountants, on
deputy manager and one General manager named as Mr. Afzal sab.

MAJOR RESPONSIBILITIES OF FINANCE DEPARTMENT:

Today, the finance department of an industry plays a wide role and assumes a great
deal of responsibility to perform both inside and outside of its business.
Responsibilities such as financial accounting, payroll and receipts and cash expenses.

The second part examines new roles such as management accounting, strategic
communication, management information systems, and financial analysis. Finally,
roles and responsibilities will be reviewed to assess the importance of partner roles. In
this department, the basic responsibility is bookkeeping. It involves day-by-day
recording, analysis and interpretation of industry financial transaction.

 Manage all cash flow in and out of an industry and ensure that there is enough
supply to meet the day-to-day operations of the industry.
 The finance department works with managers to prepare departmental budgets
and forecasts.
 It is the responsibility of the finance department to advise the company on the
best financing mix that will produce the best results.
 Running an industry involves paying taxes and it is the responsibility of the
finance department to deal with tax issues.
 It is the task of the finance department to manage the existing assets in the
industry to analyze the ads that choose new investments.
 Capture raw material records and convert them into usable and comparable
financial statements for reporting and analysis.

34
VISION

ABOUT DEPARTMENT:
The finance department offers several services related to accounts. The finance
department records daily transactions and tracks exchange rates. In the finance
department, there are employee salaries. The department is responsible for receiving
industry funding. It is a part of the industry that provides the financial management
and financial control necessary to support all business operations.

4.5 DETAIL DESCRIPTION OF THE OPERATIONS/ACTIVITIES OF THE


DEPARTMENT YOU WORKED IN.

My department where I worked a finance department. The department is responsible


for obtaining and handling any monies on behalf of the organization. This department
controls the income and expenditure in addition to ensuring an effective industry
running with minimum troubles.
 First, I entered the industry coupon into NetSuite industry software. It is
difficult for me because the accountant has guided me.
 The finance department pays the salaries of the employees whose accounts
are not created and it is a difficult task.
 The supervisor told me about auditing and reporting financial statements.
Assessing economic trends and determining future investments.
 An industrial business system management supervisor told me about
business system management and improving efficiency.
 The daily accounting responsible for the finance department and the
supervisor told me about the vendor accounts to log into the NetSuite
software.
 Bank workers who have not yet created their accounts came to the industry
and the manager told me that he had to work with them and the workers
created their accounts.
 Every Saturday in the week contract labor is paid and it is included in my
work
 Managers provide records and departmental records of payments that other
vendors do not record in their records.

35
VISION

4.6 DETAIL DESCRIPTION OF THE TASKS ASSIGNED TO YOU


I was appointed as an internee at in Vision Industry of Sialkot .Besides working on
four department of the company, manager also assigned an important task to work I
have to record all the material transactions occurred among their different
departments on the Financial Database system.

4.7 SUMMARY OF LEARNING:


4.7.1 Qualification and Skills:

When doing an internship, most students want to improve their English first and
foremost, many students say that having company experience to add to their CV to
help them find a future job as an incentive for an internship. However, experience can
help me more, and I have to consider how I can use the opportunity to improve myself
and develop these skills.
How to work with co-workers?
Everyone is different and it is not always easy to get along with co-workers, I am
learning how to communicate with different types of people on a professional level,
which may take some getting used to, but it will help me settle into a new job faster.
Awareness:
One of the benefits of experience is the opportunity to examine jobs, working
conditions, management styles, and other aspects of the workplace. In some cases, I
discovered that I liked the job or some aspect of the workplace. Anyway, I have a
better idea of what I want when looking for a full-time or other professional position.
Time management skills:
To be an effective and successful employee, I need to be able to manage my time
effectively. Many people have School or University experience. In the workplace,
however, it can be different, more work needs to be done, and usually more
unexpected changes throughout the day. I learned new ways to manage your time
better. "I've learned two important things: Don't walk into your boss's office without
a pen and paper, and your boss usually has a boss.

36
VISION

In addition, some other skills are the following:


 Communication Skills
 Importance of listening skills
 Strong Work Ethic
 Team work Skills (work well with others)
 Initiative
 Interpersonal Skills
 Problem-solving Skills
 Flexibility/Adaptability
 Computer Skills
 Technical Skills
 Self-confidence
 Creativity
 Strategic Planning Skills
 Entrepreneurial Skills/Risk-Taker
 Sense of humor

Responsibilities during Internship:


 I completed all the responsibilities assigned to me during the internship. It is
very difficult for me to handle all the responsibilities. My responsibilities are
as follows:
 I am responsible for completing all department documents.
 I am responsible for submitting my work on time.
 I am responsible for identifying opportunities.
 I am responsible for time management.
 I am responsible for a strong work ethic. Responsible for recording practical
activities in a structured manner.
 Adhere to the High Point Organization Code of Conduct and act ethically when
representing the host organization.
 Attend regular seminars and meetings.
 Actively work with other team members.
 Communicate effectively with supervisors and other organizational
employees.
37
VISION

Does Internship Influence My Future Career Plans?

On a personal level, I think my confidence has increased because I have mastered


some of the skills I need for this job and I have become more comfortable talking to
different types of people. At first, I was hesitant to share what I thought about a
situation because I did not know if my thoughts were correct, but during my internship,
I became more interested in acting and speaking. The experience has these
implications for my future career plans.

Gain work experience & transferable skills:

Through the internship, I gained work experience and knowledge. This will be very
useful for me in the future. This experience makes me more comfortable; I think I can
handle more responsibility while requiring less practice. In addition to specific skills
in my field, all jobs require transferable skills.

Be able to experience a prospective career path:

Research is an important part of the academic process and gaining work experience is
a great way for me to familiarize myself with the field I want to study. By
experimenting, I believe that the experience I gained is right for me.

Develop skills:

Learning new skills in an internship can help in future employment opportunities and
make you a competitive candidate in future application processes.

Gain practical experience by applying methods & theories:

I learned best with my hands. I was able to see and use what I learned during my
internship whether it is a marketing development meeting or a consulting session.

Gain confidence in your abilities:

Improve performance. If you have learned a certain technique in the classroom, you
can try it in the business world. Later, you will be more equipped with techniques. Its
ability. It is very important for student and possible with practical work and student
should learn from different works and communicate with seniors for improve

38
VISION

Internship Activities Related to Class Room knowledge:

Yes, the externship conditioning related with my classroom knowledge because the
plant was entirely analogous to the classroom knowledge that I have gained from
recent weeks.

The format or procedure espoused there was the same I have learned from my
preceptors in my classroom. In my externship period, I learned how to register the
enterprises? How they get class? What are the Visa Recommendatory processes? The
guiding from my class preceptors helped throughout my externship period and was
inversely perceptible for my success in this period.

5. CONCLUSION:
In review, this externship has been an excellent and satisfying expertise. I have been
suitable to chance with so numerous people that I am sure will be suitable to help me
with openings in the future. In the light of organizational analysis, during my
externship I completed the association befitting their stylish. They are succeeding their
charge, vision statement, objects and pretensions. They are not only making the profit
and securing the future of the company but they're also sharing in the foreign earnings.

After the completion of the externship in Vision Industry private limited I conclude
that the overall performance of the Vision Industry is veritably well and the Profit of
the company increases every time due to increase in trade and drop in cost of product.
The main reason due to which the cost of the company decreases every time is that
company move towards robotization, which reduces the labor bring up to 65. The CEO
ambitious mechanical mastermind has the full interest to borrow the robotization and
vary hard worker and educated person. Vision Industry is ISO and FIFA certified
company give better quality products in all over the world, the football of the Vision
Industry use in the world mug of the football and presently all the product for the
world mug according to the demand of the Adidas. Vision Industry give numerous
impulses to the workers like Free Transport installation, Medical allowances, Meal
allowances, Gratuity fund, lagniappes and Interest free credit. Vision Industry is the
first one in the Sialkot, which produce the largest football product and it the first one,
which has the Thermo- Molded Machine, which produce the football without suturing.
Vision Industry are the spare system association and hand has the special training of

39
VISION

spare system from Japan. Vision overall position is better but it requires some
advancements in the HRM department, product department and the exports
department. I hope that the future of the Vision Industry is veritably bright and its
performance will be bettered every time.

They are furnishing stylish quality product and with good character in the request,
they can contend their challengers. The quality should not be compromised at any cost
and payment system to the seller should be as per agreed means there must be no
detention in the payment to the merchandisers. They have long- term plans. The
director of Vision is veritably hardworking, they are not only making their present
secure but also doing sweats to bright up their future. Vision have strong chain of
command on all over the establishment's operations collaboration of all departments
results in splendid products. Working of all departments is perceptible on individual
situations. Groups and peers make their work lightly by creating a healthy terrain. The
advanced operation is relatively satisfied with this but there is always need to
ameliorate. Some of the workers on lower position are not important good but they are
professed and attached with Vision. They know the tools and ways of their work; they
are like moxie in their applicable fields. It was also observed that distribution of
workload was no proper. Some workers aren't satisfied and they set up complains
regarding the access of work while some are veritably comforting and saying they've
not important to do.

5.1 A SUMMARY OF KEY CONCLUSIONS DERIVED FROM THE


INTERNSHIP EXPERIENCE.
The duration of my internship is almost 40 days. The skills I improve from internship
the communication and grip of MS word. The work is simple and collection vouchers
and open market vouchers

Know about the organization culture that how it works in the industry. Thousands
people works in this industry and equal for CEO and industry give benefit.

My experience is very good with industry and communication skills improve in this
duration and make reference with seniors officers.

Practical work learn more thing rather than bookish things. The student should
improve skills and compete with other students.

40
VISION

5.2 GENERAL OBSERVATIONS ABOUT THE SECTOR IN WHICH YOU


ARE INTERNSHIP COMPANY/INSTITUTION OPERATES.
The sector of industry is Football. The Vision technologies is biggest exporter and
manufacture of Football also volleyballs. The industry worked with foreign importers.
The industry gives best to customers and facilitate to workers. The international league
also use Vision footballs because the industry work with hard. Vision industry most
work on customer dealing and production because both depend on the business.

5.3 SWOT ANALYSIS:


SWOT analysis is a strategic planning system used to estimate the Strengths, sins,
openings, and pitfalls involved in a design or in a business adventure. It involves
specifying the ideal of the business adventure or design and relating the internal and
external factors that are admiring and inimical to achieve that ideal. The fashion is
credited to Albert Humphrey. In array to hold the in depth view of Vision Industry we
must do a geek Analysis.

STRENGTHS:

Vision sports goods Assiduity is well- known and established manufacturing reality
honored by its quality products with a large variety. By reviewing their strengths, I
dissect their" Product" as the biggest power they've with" Leading sports" on a" Large
Scale of product" controlled by" Strong operation"," moxie"," good Staff".

Vision as a" client grounded" association has a" Strong request Position" with a
number of" Deals Channels" not only in Pakistan but also on transnational position.

Vision is a" Fasting Growing" association with" Sound Financial coffers","


Technological Chops" and a crucial factor known as" client's fidelity".

WEAKNESSES:

Weaknesses are those internal rudiments, which beget to a insufficiency in all kinds
of operations including product, planning, organizing, working and running of a
business.

All the associations must have the weakness with the internal strength of the
association, occasionally it happens that a factor, which is considered strength may
also, falls in the order of a weakness. Likewise, in Vision, I set up its" fiscal coffers","

41
VISION

staff" and" request position" as a weakness with the reality of strength. Because there
is always a possibility to drop in fiscal coffers, which may results in inconsistent,
request position. Vision haven't arranged" training programs for the workers" to
produce an mindfulness about the rearmost trends, business rules, current programs so
it's also an internal weakness of the Vision to" loose the crucial staff", who have a
strong hold or grip on the association in all departments.

OPPORTUNITIES

The term occasion is generally used to have a chance to get a benefit for the association
from external terrain. Openings bring the positive change, which are the most salutary
and valued for the establishment.

Vision also have the external openings to mileage for their betterment and fast growth.
They've the occasion to" expand" their business by serving the" finances" from the
different fiscal institutes, by" acquiring" the other enterprises and by having the"
merchandisers" who are willing to invest their capital. The topmost occasion for the
establishment is to" sale" out its own product through" new distribution channels"
with" low particular levies".

THRESTS

External pitfalls make an establishment weak in decision timber process. Its utmost
parlous to make decision in uncertain and threatening terrain. Pitfalls are most
dangerous for business indeed occasionally enterprises came to shut down conditions
due to these pitfalls.

Vision assiduity is also facing so numerous external pitfalls. In Pakistan it's much
harder to establish a strong business reality in such a" shifting frugality". Inconsistent
frugality makes the request so parlous for investment so it's also a hard task to mileage"
external source of finance".

“Negative cash inflow" is also a trouble for the business which results in low quantum
of liquid means." New technologies" with day-to-day changes are not easy to acquire
and apply. As moment the world is so fast and more competitive so the trouble of"
further competition" is also faced by the Vision and this completion can make the
volume of deals lower and" low deals volume" means" low profit".

42
VISION

Political insecurity results in new" governmental regulations and programs" in trade


are also hanging. It can also give a possibility to" close a geographic request". The
most biggest and recent trouble is" power force". A manufacturing establishment,
which has a number of ministry and shops, can be poorly affected by this trouble.

6 RECOMMENDATION:
Vision Industry Limited has stylish quality in the sports goods and garments in request.

Following are the recommendations keeping in view the critical and SWOT analyses
of the association.

 Vision Company has to increase their strength and overcome the internal sins
by taking proper and suitable measures.
 Vision should be more competitive and strong to be the leader in request.
 Vision should take the openings prevailing in external terrain to get the good
results.
 Vision have to cover itself from external trouble like inconsistent profitable
condition and new technology.
 Vision should keep the charge and vision statement in view while planning,
making strategies and taking opinions.
 There must be job gyration. One thing I noticed that if one officer is working
in tufted department, he has been doing it from launch of his job. There must
be job gyration department wise.
 There must be performance grounded price system. Payment and prices must
be on performance base.
 There must be endless job for workers, because it creates fidelity and sense of
belongingness in workers. This thing cannot possible in contract base job.
 There must be some recreating conditioning for workers for refreshment.
 The top operation should bring changes in the system of all the branches.
 Vision should use its own brand name.
 Vision should not depend upon only many client sit should find other sports
guests.

43
VISION

 Vision should concentrate on its product department for adding product


effectiveness.
 Vision should increase the hires of its workers.
 Vision should ameliorate the performance of HRM department.
 Vision should make the arrangement of further creators due the electricity
problem

7 SUGGESTION FOR FUTURE INTERNEE


Internship complete in 6 weeks and I learnt very widely in duration. Some suggestion
for future internee following there.

 Do not be scary to ask question and ask a lot of them. This might be the stylish
piece of advice interns can take heading into any externship and one interns
need to keep with them all times. Interns take stress the significance. Interns
should be open willing and ready to learn. In meaningful figures, interns alert
unborn interns to be curious, be open to literacy and picking up chops indeed
if they are not in your fields of moxie, try to gain a breadth of knowledge and
pick up perceptivity and be ready to learn and soak up a lot of information.
 To take action and take control of your literacy experience. It is important that
interns make the most of their guests and understand that they get out what
they put in.
 Interns recommend to make sure that you use all the openings and chances to
learn what you can over the course of your externship, and if you have free
time, take advantage of it by setting up calls or asking your platoon if they
need help with anything indeed if they do not need help, they'll appreciate it
and flash back you for your tenacity
 Be yourself was another everyday work of advice, and one that should
hopefully put a lot of coming interns at ease. This piece of advice holds true
for the interview process as well as for the internship itself. One intern says
trust yourself enough to be who you are during the interview.
 Always leave an organization better than when you came. Be unforgettable
and make a lasting contribution that people will company with your name.

44
VISION

 It is important to meet as multiple people as you can. This includes people in


other departments, dealers, and more. Make a special trouble to meet alums
from your academy who nowadays work for the association.
 Internships are temporary positions and go in swift. You will probably lose
access to your emails and files when you leave make sure the organizational
knowledge and progress are not lost when this happens by assuring this
information is transferred to endless workers or incoming interns.

8 REEFERCES
During the project, besides our practical work we also have consulted some books
about our practical work for completion of project in effective manner. A list of all
references, which has been checked, and the data has been deduced from, are given as
under:

Mr. Afzal Sab (Manager Finance)

Mr. Shakeel Shah (Manager Production)

Mr. Saad (Manager HR)

https://www.vision.com.pk/product_type/handballs/

https://www.scribd.com/document/265454447/Vision-Industry-Internship-Report

https://www.vision.com.pk/product/bravo/

45

You might also like