Sunteți pe pagina 1din 11

1

Interloop Limited

Name:Hadia Hasan

ID Mark: 230953

Session: Summer 2018

Submission Date: 24th August,2018

University: FAST-NU

2
ACKNOWLEDGEMENT

It brings me great pleasure for an opportunity to work and submit my internship report on
Interloop Limited.For this I am deeply indebted & sincerely thankful to Mr.Adnan Nasir &
Mr. Shahid Mahmood of Interloop for their help, invaluable guidance and elating
encouragement throughout the internship.

I am also thankful to Mr,Abid Bilal and Ms.Ammara Tahseen of Interloop for their timely
advice & help which was a constant source of inspiration.

I acknowledge with thanks

Mr.Muhammad Irfan
Ms. Fariha Imtiaz

For their keen interest and a lot of co-operation during my internship period.

I would like to acknowledge the co-operation of various other staff members of the
company who helped me in completing my internship.

Finally, I am deeply thankful to my parents and teachers who helped and inspired me.

3
Executive Summary

Consistent with company’s goal of being the most respected manufacturing company, and
its corporate philosophy which emphasizes shared responsibility to the communities
where we live and work, Interloop strives to join its partners in addressing community
challenges through honest, constructive and meaningful dialogue. In Pakistan, Interloop
has been, and continues to be energetic in its support for projects and initiatives that seek
to develop the community. Be it through its philanthropic arm ‘the interloop Foundation,’
or through timely transfer of expertise particularly in areas related to the advancement of
the international textile sector and employee volunteerism, interloop remains committed
to making a difference. From 2001 to 2010, interloop developing industry-leading
initiatives and delivered best-in-class programs, products, and services to our partners and
the communities they serve. In 2008 the president of Pakistan gave the best exporter
trophy award. Company is targeting the USA and UK markets and they are producing the
variety of socks. The merchandising department plays a vital role in the company. They
work just like a bridge between the buyer and seller. They have an excellent HR
department which improves the intellectual, emotional and social capital of its employees.
They are fulfilling the corporate social responsibility by giving the aids to the IDP’s of
floods and earth quake. Their imports and exports departments control all the shipment
activities. Processing and finishing departments support them to convert the raw material
into finishing products. Just like the other companies Interloop LTD is also facing the
political, economical, social and technological problems. Interloop LTD has many
opportunities to be more successful in the future but some threats may also affect them like
political instability and electricity load shedding in Pakistan.

4
Contents
About............................................................................................................................................................. 6
Mission: ......................................................................................................................................................... 6
Vision:............................................................................................................................................................ 6
Interloop is currently a member of following bodies: .................................................................................. 7
Interloop Customers ..................................................................................................................................... 7
Process flow of order .................................................................................................................................... 8
Marketing Department ................................................................................................................................. 8
The PD department ....................................................................................................................................... 8
The merchandising department ................................................................................................................... 9
Demand & Cell punch ................................................................................................................................... 9
The inventory control team .......................................................................................................................... 9
The Planning team ........................................................................................................................................ 9
The production control team ...................................................................................................................... 10
The export team.......................................................................................................................................... 11

5
Interloop- the hosiery miracle of Pakistan

About: Interloop is located in the South East Asian region,Pakistan.It also has offices in
Srlilanka,Bangladesh and North America.It is a public limited company with majority of the
shares owned by one family.It is one of the world’s largest sox manufacturers and
exporters with hosiery being its core business.The Annual turnover is US$270
million.Besides hosiery,Interloop is a reputed manufacturer of quality yarns and dairy
products and has recently started producing denim as well.It is vertically integrated unit
with entire operations In- House spinning,yarn dyeing,knitting and finishing
facilities.Interloop has 4000+ knitting machines,15000+ employees and an annual yarn
production of 26 million kg.The major customers include
Nike,Addidas,H&M,Primark.Tommy Hilfiger etc.It’s the largest socks exporter in asia,and
sells 28% of its production to Nike.

Mission: To be an agent of positive change for the stakeholders and community by


pursuing an ethical and sustainable business.

Vision: To double our turnover by 2020 through value addition,process improvement and
nourishing talent.

Values : I- CARE

I –Integrity;Act with integrity

C-Care;Nurturing a caring culture

A-Accountability;Accept responsibility,be accountable

R-Respect;Respect for environment,respect for the people

E-Excellene;Achieving high standards

6
Interloop is currently a member of following bodies:

*PBA (Pakistan Business Association)


*APTMA (All Pakistan Textile Mills Association)
*PHMA(Pakistan Hoisery Manufacturers & Exporters Association)
*FCCI (Faisalabad Chamber of Commerce & Industry)

Interloop Customers

NIKE ADIDAS
PUMA DOBOTEX
TARGET CORPORATION JCPENY
DUNNE TESCO
PRIMARK C&A
B&F H&M
MAGNUM CAMANO
PAYLESS HI-TEC
FEIENDS TEXTILE SPORT MASTER
FAMILY TEXTILE NEXT
ILNA INC. ASDA
SPORTS MASTER BHS LTD

7
Process flow of order

Merchandising

Inventory

. Planning

Production

Interloop has 4 divisons, and I did my internship in HD1 (Hoisery Division 1) which os
located in Khurianwala.There are over 26 departments and I had the privilege of
interneeing in PPC (Planning, Production and Control).PPC further has 3 sub departments
1)Planning 2)Inventory 3)Production.
The customer, however goes through several other departments before it comes towards
PPC.

Marketing Department:The process begins from this department,and through


various marketing strategies and techniques they attracts pool of demand towards
Interloop. They contact and convince the customer to work with interloop.They find out
about what product the customer wants and how.Thy then inform the Product
Development (PD) department about the requirement of the customer.

The PD department the prepares a sample socks according to the requirement of the
customer.The details of the production are then sent to the cost department who then
calculates each and every cost occurred in production process and gives an estimate cost of
producing a dozen socks. This final cost in production is then sent to the CEO for
approval,when the CEO approves of the production cost,both the sample,and the cost is
sent to the marketing department.

8
The marketing department then gives them to the customer,and negotiates about the
price.Now when the customer has agrees to do business and has matured,the
merchandising department takes over.

The merchandising department now becomes the bridge between the customer
and the producer.they takes each and every detail about the packaging the customer
wants.The type of packaging,the shipment mode,no.of packaging in a carton etc.They also
take other detail about the product from the customer like the type of article,no,of
dozens,type of yarn,colour of yarn.

After getting each and every detail about the product they began checking for yarn
availability,machines availabity and reservation,dyeing availability etc.They then inform
the customer about the product availabity date and according to the response and history
with the customer they make a forecast and forward it to Demand & Cell.

Demand & Cell punch order according to the forecast,this forecast is then forwarded
to the inventory control team.

The inventory control team has 3 sub sections 1)Ecro Import Planning 2)OSP Team
and 3)Customer Planning

Ecro Import Planning: They plan the availability of the raw material for production.They
generate a PR and give the supplied a ND (Need by date) and after negotiationg with the
supplier a PO is punched.They basically contact the supplier and make sure that they follow
up to the required date of raw material requirement.

OSP Team: OSP stands for Out side processing.This team processes on the raw material
which includes dyeing,twisting,binding,inter mingle etc according to the customer
requirement.

Customer Planning Team: The Import planning team and OSP report to them and inform
them if there are any fluctuations and problem and the Demand Cell and Merchandising
Department alert them of the MRP dates.They basically have to make sure that the required
yarn is available for kintting,always.This team then gives the Planning team a Matreial
Availability date and then the planning team begins its work.

The Planning team has two main tasks, Capacity Approval and FR Scheduling.The
planning team checks if there is enough capacity for the orders to run or not,are the
required machines available or not.If not,how are they going to manage it etc etc.

THE BPW (Business Planning Workshop) happened once a year where seniors of interloop
from all over the world get together and discuss weather the company has enough capacity

9
for the sale forecast or not and the planning team suggest strategies to match up to the
required capacity.This workshop plans 2 years.
There’s also an SOP meeting which happened twice a month; Pre SOP & Executive SOP.
Pre SOP focuses on the forecast and capacity of 3-6 months.The Director operations and
HOD’s attend this meeting.They discuss how they are going to counter the sales and a plan
is generated according to the situation.The plan is then approved at the Executive SOP
meeting where other directors and CEO are also present.This way the capacity is planned.

FR Scheduling is basically a weekly scheduling of the knitting programme that how many
dozens are to be knit on how many and which type of machines etc.The Planning team
prepares the FR Schedule and forward it to the production team who then follows it.

The production control team has 2 sub teams; Cartenization and Execution team.
Carternization team has 6 responsibilities;
*Order Cartonization for all the customers: They arrange all the cartons and punch order
after which the operations can start their work.
*Trim cards & standars arrangement: They carry out a trial run of the product to make sure
that the product is being made according to the requirement of the customer.They also
make a trim card from the trial run which includes all the details about the product with
the product attach to it.This trim card is given to operations for sample to standardise all
the arrangement.
*Pre production plan meeting: This meeting has representatives from all the departments
i.e PD,merchandise,operations etc and they discuss how are the going to run the production
and carry out the FR schedule.
*HMS Updation: If there’s any difference in the product quality in the sample of the PD and
trial run,it is updated into the HMS system.And thenrequired changes are made
accordingly.
*Tops/Weight Notes/TR Req:When the operations have begun,the customer asks for some
samples to make sure of the quality and product.
*Diversions/QTY Revisions: If there is any revision of quantity from the customer or any
change about the product specifications,they deal with it.

The Execution team has 9 responsibilities:


*FR knit plan: They confirm,control and execute the kinitting plan.
*BTS(Plan VS Actual): This is to check if the production is going according to the plan.And if
not,the operation team is required to report to the production team with reasons.
*WIP & its reasons recording: Check on the work in progress to check its going in the right
pace.
*OTD: To make sure all the deliveries are on time.
*OPS and product issues: They identify and solve the problems occurred in the production
process i.e product quality,specs etc

10
*Knit Inflow/Pack Outflow:They make sure that amount being knit in a day is also being
packed daily.
*Secondry resource alignment:They make sure that the secondary resources i.e Tvill
application,plastic application,silicon application etc are available and there is capacity
available for this extra operation and that it is carried out perfectly.
*Inspection queries: The customer demands a quality check from the running
production.This inspection is handled by this team.
*Early Shipment: Sometimes the customer asks for an early shipment and all the problems
faced are tackled by this department.

After the operations are done and the products are packed,they are moved towards
Quality control team.When they approve the product and the pre check list is
forwarded to the customer and the customer checks it then the order is dispatched.All the
invoices are noted down on a prime sheet for the merchandiser to confirm the prices.The
merchandiser confirms the prices and all the details about the dispatched products i.e date
of arrival, container number ,packaging etc is uploaded on the web portal of the customer.

The export team is also sent a weekly shipping plan for CRO (Container Reservation
Order).

11

S-ar putea să vă placă și