Business operation management of RFL Autos

Abstract

In light of Bangladesh's substantial economic growth, increasing tendency and client penetration rates and the liberalization process is taking place in the light engineering industry. RFL is one of the largest plastic manufacturers around the world (3rd largest in Asia). RFL is a sister concern of PRAN-RFL group. RFL group has a turnover in the vicinity of USD $0.78 billion annually. Primarily Rangpur Foundry Ltd (RFL) was founded by Maj. Gen. Amjad Khan Chowdhury (Retd.) in 17th March 1981 with a vision to leveraging the farmer in irrigation through cast iron products like centrifugal pump as well as ensuring drinking water through Tube well. It commenced its operation in plastics business in 2003. The factory sites are in company owned industrial parks (RIP/HIP?PIP etc.), which is fully equipped with state of the art injection molding machines with a conversation capacity of over 20,000 tons per month. RFL Plastics currently utilizes 7500 molds through 620 machines having own tooling facilities. Presently, it is one of the biggest sectors of Bangladesh. PRAN group is the biggest food product company in Bangladesh and very much popular among mass & class people those products in a short time. PRAN-RFL Group has completed their 37th year recently and in this journey they have created biggest opportunity for foreign investment, manufacturing & trading businesses in every related field in Bangladesh. Today PRAN-RFL Group is the market leader in Bangladesh in FMCG-Food, Plastic, PVC, & Light engineering sectors. They are manufacturing in 13 location over Bangladesh, exporting over 13 countries, achieved best exporter’s trophy for last 14 years. Employing directly over 110,000 people & 100,0000 contractual farmers. Over 1.50 million people subsist on PRAN-RFL Group. In this report, I have tried my level best to discuss the basic functions of business operation which is exercised in PRAN - RFL group. I have analyzed the operation process of PRAN - RFL group from the view of theoretical definition, practical application, basic principles followed and technology used in the whole process. The report also discussed the PRAN - RFL group goals, mission and vision. This report focuses on this Organization’s one of the sister concerns specific product’s full business operation process.