Fixed assets management in Avery Dennison Bangladesh

Abstract

Avery Dennison Bangladesh is the leading organization in the industry of garments packaging and labeling and it is being serving a huge range of customers for many years. This company is not only providing its best services to the locally but also is an established brand internationally. Behind being a successful company the employees of the organization have been playing a vital role and the company also values its people the most. By working in the Finance Department I have come across the whole fixed asset management system, tagging requirements of the Finance department of Avery Dennison Bangladesh. The title of the report is “Fixed Asset Management in Avery Dennison Bangladesh”. The report is mostly based on secondary data analysis. In the overall report I have tried to focus mainly on how Avery Dennison Bangladesh manages and conducts operations regarding its fixed assets. The fixed assets in garments packaging and labeling sector holds some unique and distinguished characteristics. This report is a detailed representation of all the mentioned topics and contains a preliminary discussion about Avery Dennison. This company is the market leader in the packaging and labeling sector in Bangladesh. In the overview part the vision, mission, objectives, products and services are described. The Fixed Assets Management starting from the Fixed Asset identification to the Lease process is described in an elaborate manner. Finally, I have tried to give some recommendations from my learning that I have got from my day to day job at Avery Dennison and from my university lectures as well.