Pci, Case Study, Mia Case Study

accounting entry The issue started on February 2008 when the new appointed Managing Director of PCI Sdn Bhd, En Ghani reviewed 2007 pecuniary Report and found out there were recent increases in be of goods sold and inventories. The rate of increase in embodys of goods sold had been disproportional with growth of sales. En Ghani was informed that one of the reasons for the increase in cost was because of the current buying musical arrangement that contributes to redundant purchasing and high parentage holding costs.Siti Aminah, the Chief of fiscal Officer was asked to review the current purchasing system of rules and suggested the need to implement a new computerized purchasing system that would help relieve some of its manual operations and at the said(prenominal) time would meet it has the proper controls in place. En Ghani requested a formal report on current purchasing system and breath for a new system before the next management run across which would be in two weeks time. En Ghani assigned Siti Aminah on the picky task instead of the senior Chief Production Officer and she did non have any experience in system and technology.The new system must be able to reduce costs, enhance control and set up easy management of users and services in qualitative and quantitative ways. CHARACTERS En Ghani as the new appointed Managing Director of Penda Cable Industry Berhad, who reviewed bypast year Financial Report and asked for formal report from Siti Aminah. Siti Aminah the Chief of Financial Officer that being asked to make formal report instead of the senior Chief of Financial Officer. CURRENT PURCHASING SYSTEM IN PCIPurpose to ensure the purchase of raw material (exclude external Aluminium cable scap) that was require for the manufacturing of cable, conductors and associated products. 1) Monthly stinging significant Summary Cik Lim General Manager of Material Resources and Planning En Razi Assistant Purchasing Manager (MRMS) Review foremost w eek of Forecasted Monthly Every month Material Requirement En Sam General Manager Purchasing (MMR)MRMS Planning Section En Razi 2) Cik Anne Purchasing Clerk RM100 000 En Ghani Filing En Min Raw Material Storekeeper