Mgt 425 - M&j Group Marketing Analysis

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Origin of the Report

We are doing this term paper for MGT 425 (Manpower planning and forecasting), a major course by BRAC Business School. Through this report we want to find out the alignment of HR planning with organizational planning and some basic and important HR functions. This will provide an opportunity for us, the students, to link theory with practice. The topic of this report is “The linkage between the organizational plan and the HR Plan of M&J group. We have tried our level best to do the report.

Purpose Statement

The purpose of this report is to compare the theoretical idea learned in the class to the practical world. It will help us to increase our basic knowledge of practical field. Again, it will teach us what is expected in terms of professional behavior. Moreover, it will help us to know how HR is actually functioned in an organization.

Scope

The term paper is based on how HR functions and forecasting process works in terms of theoretical point of view and the practical use of it. However this report will help us to learn the practical knowledge about corporate works.

Limitation

To get a perfect desired answer to any report research has some limitation. For our project we had limitation too.

- We know that very company has some confidential information that they don’t want to share with everyone. M&J shared the most basic information to us.

- The data collection was very hard because relevant data sources were difficult to find.

- Another important factor was the time limitations. Since it is the end of the semester we had a hard time to complete the entire projects all together.

- Because of the page limitation, we had to incorporate limited number of information.

- The company did not allow us to have any interview with the core employees.

Methodology

In order to develop a formulated term paper, well-structured methodology of data collection is needed to be used. For our report we focused on both the Primary & Secondary data collection sources.

Primary Research: The primary data and information have been collected from the Head of human resource department Mr Gazi Munir Uddin of M&J group. We interviewed him and collected data from them. He gives us much information which is really helping us.

Secondary Research: Research was conducted using library and the web to find out the books, articles etc. which were helpful to the research. However, Basic data and other relevant information have been collected from the website of M&J group and various publications, journals and newsletters.

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Organizational overview

M & J Group entered into manufacturing activities in 1965 by establishing a flour milling company. The business horizon got expanded in 1989 when the garment manufacturing factory was opened. Now with its six sister concerns, M & J Group is a leading manufacturer in Bangladesh. The group is producing a wide range of top quality denim bottoms including some non-denim products.

With more than 400,000 sft production floor spaces, and over 2,500 modern machine facilities, they are producing 8 million pieces of garments per year. M & J Group perfectly combines strength and expertise in garment manufacturing services suitable for industry needs.

According to the company website the mission is to provide top quality services to its customers. The group always aims to improve efficiency of production processes using the latest technologies.

Today, M & J Group is one of the biggest and the most reliable apparel manufacturer providing high quality garments to the leading fashion brands like Replay, H & M, New Yorker, C & A, Esprit, GAP, Old Navy and Macys in the Europe, USA, Asian and Canadian markets.

They are proud of their international reputation as top quality products and customer-focused value-added service provider for more than 2 decades.

By being committed, they always keep on striving hard to add value to the products and services they provide for their customers. That is why their reputation was entirely based on the reliability and customer satisfaction which has always been the foundation for their growth.

In addition to the whole array of modern machinery that are basic to the cutting, sewing and finishing (includes washing), they have a good range of special machinery that helps in bringing accuracy in production as well as adding more value to their customers.

It is not only about the production of quality products, it is about the total quality of business that transforms the needs to satisfaction.

That is why we keep trying to improve customer satisfaction through fashion and reliability by always putting full emphasis on quality. M & J Group aspires to be the leader supplier in global fashion business by offering best expertise and knowledge in producing Ready Made Garments.

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Human Resource Functions

- Recruitment and selection team: The recruitment and selection belongs to value added HR Processes. The recruitment in this company is about the ability of the organization to source new employees, keeps the organization operating and improving the quality of the human capital employed in the company. The quality of the recruitment process is the main driver for the satisfaction of managers with the services provided by Human Resources. Recruitment and selection process is one of the most important HR function of M & J group which makes a great impact on the revenue growth and the profit margins of the company as compared to other tasks.

- Payroll: Payroll refers to the process by which employees receive their salary. About 40 years ago, payroll was seen nothing more than a company’s regular task at bookkeeping. In the modern world today, a new perspective has emerged on payroll. Payroll management is an essential business function in the corporate world today. As legislation