Preview

Floriculture Analysis in Sri Lanka

Powerful Essays
Open Document
Open Document
2910 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Floriculture Analysis in Sri Lanka
Front Page
Acknowledgement
Preface
Content
1. Introduction
A Dumindu industry is a large salt base industry in Hambantota district. The company was established under the government registration number N (PVS) 31768 as private limited and commenced operations on 02st October 2002. It was inaugurated with just 10 employees and now it is functioning smoothly with 110 direct employees. Now the company produces the several salt base products to market under brand name of “Dumindu” and average monthly capacity is more than 500 Metric Tonnes. Its’ revenue was Rs. 348 million in last year. Dumindu Industry takes required salt from Hambantota and Puttalam saltern at an agreement price.
The demand for both household and industrial consumption in Sri Lanka is estimated to be 150,000 Metric Tonnes (MT) per annum. The actual average production was approximately 110,000 MT and the balance demand was met by imports where the imports were carried out by private parties. Dumindu Industry contribution was 4% in last year from the country annual requirement.
Recently Dumindu Industry had an agreement with “Cargills” to produce 500g and 1kg crystal salt packets, 400g and 1kg of table salt packets under brand name of Cargills for one year contract. This is good opportunity to the company to expand their production.
However, recently company sales decline and company is experiencing financially unstable situation. It badly affects to continue their productions properly. Here we analyze the reason for decline and give remedial solution.
1.1. Vision
Be a nationally recognized Salt production company.

1.2. Mission
Our mission is to intensify quality of life through produce high class product by using state of the art technology which will ensure highest level of consumer satisfaction and give benefit to society at large.
1.3. Objectives * We want to expand distribution network at every corner of Sri Lanka to make the quality product available at consumers’ door

You May Also Find These Documents Helpful

  • Good Essays

    Cologne Haefren Baum Case

    • 924 Words
    • 4 Pages

    Although the sales of the company have declined significantly their cost of goods sold has remained high, especially between 1994 and 1995 the company had a decline in sales and an increase in cost of goods sold. This is evidence the company is having problems passing costs to its consumers. The company is not very asset intensive and its decrease in total asset turnover can be due to their decrease in sales, however their rather low total asset turnover which is also decreasing from 2.1 to 1.5 shows their assets are not being used very efficiently. As a result of their sales decrease their Fixed Asset turnover also decreased from 7.0 to 5.4. The decrease in sales and increase in competition also means more shelf time for their inventory which has increased from 103 to 129, which makes Haefren Baum’s price cutting strategy questionable. The company is already experiencing a loss of revenue due to their lower prices; however this is not stimulating the number of different sales because the inventory is sitting in the…

    • 924 Words
    • 4 Pages
    Good Essays
  • Good Essays

    MKT1 Task

    • 1849 Words
    • 8 Pages

    “We enable consumers to improve the quality and convenience of their lives by providing high-quality, innovative electronic solutions”.…

    • 1849 Words
    • 8 Pages
    Good Essays
  • Better Essays

    WGU VZT1

    • 2005 Words
    • 8 Pages

    “We enable consumers to improve the quality and convenience of their lives by providing high-quality, innovative electronics solutions.”…

    • 2005 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Mkt1 Template

    • 1880 Words
    • 8 Pages

    “We enable consumers to improve the quality and convenience of their lives by providing innovative electronics solutions.”…

    • 1880 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Burt's Bees Case

    • 92 Words
    • 1 Page

    objective of expanding the place and distribution of a product is to increase the sales. We aim to…

    • 92 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The Great Depression was one of the America's most trying events in history. President Hoover spent four years trying to solve the problem, he could not succeed. He promised the people that it would run it's course, and then it would be over and the economy would bounce back. Over the next three years this could not have been more untrue. In the year 1930 there were about 4 million people without work, by 1931 that number became 6 million. Eventually, Hoover called the nations most prominent bankers to the white house in order to come up with ways to defeat the depression. Nobody could come up with anything, and Hoover decided that the nation was doomed. He packed up his bags that day and left the white house.…

    • 397 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Week 4 Individual Info

    • 177 Words
    • 1 Page

    Revenue on the business’ standard products has dropped significantly in the past 3 years. Financial Plan…

    • 177 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    In this company the sales has a heath development and risen about 10 %, but the profit of this company hasn’t risen and have a short decline.…

    • 1055 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Sainsburys objectives!

    • 1259 Words
    • 6 Pages

    The company aim is to provide a world class service to customers by incorporating quality principles with our everyday routine.…

    • 1259 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    The first problem is with slowed growth, which is decreasing more and more. Lower sales revenue are the cause of lower profit.…

    • 1059 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Wall-Mart Strategic Planning

    • 4131 Words
    • 17 Pages

    Mission: We save people Money so they can live better. Deliver Quality products at lowest possible price.…

    • 4131 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Criminal Liability

    • 565 Words
    • 3 Pages

    Ashok, by pulling his car alongside Ben’s, mouthing words and making actions towards him, seems to have directly intended (Mohan) to cause Ben fear, or at the very least by performing these actions he must have forseen the risk that Ben would be scared and done it in anyway, therefore being reckless (Cunningham.)…

    • 565 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Uniball

    • 10560 Words
    • 43 Pages

    This mission statement allows them to stand out in comparison to the other competitors in the market through their efforts in fulfilling customers’ satisfaction. They met up to the customers’ expectations and kept their promise in providing the best quality service by improving and widening the variety of their products.…

    • 10560 Words
    • 43 Pages
    Powerful Essays
  • Better Essays

    The Coir Industry in Tamil Nadu presently provides direct employment to about 3.60 lakhs persons including those who are employed for part of the year. It is a fact that a good percentage of this is women engaged in the Spinning of Coir. The indirect employment is also very significant. The potential of this industry for up gradation and expansion is high and if taken advantage of this will have a significant impact on the coastal economy of the State. Recognizing this fact the Government introduced a number of regulations for sustaining the industry including those intended to improve the availability of husk for the industry at reasonable cost.…

    • 11445 Words
    • 46 Pages
    Better Essays
  • Powerful Essays

    hemas holdings

    • 4423 Words
    • 18 Pages

    The Sri Lankan marketing geography changed drastically after the open market economic system introduced in the 1970’s. Afterwards the turbulent and the prosperous era of new consumers emerged. Untapped potential was soon discovered by the national as well as multinational organizations around the world. Among the first businesses to cater for the Fast moving consumer goods sector (FMCG) was “Hemas’.…

    • 4423 Words
    • 18 Pages
    Powerful Essays