Yasin Elmi Import Company Profile - Final
Yasin Elmi Import Company Profile - Final
Yasin Elmi Import Company Profile - Final
Trading
***Vehicles, Construction materials, equipment and
Machineries Importer and Supplier
COMPANY
PROFILE
Address:
Kebele 03, Biftu Building
First Floor, Room No. 106
Dire Dawa City, Ethiopia
Tel (mob.): +251-915-320-933
February 2021
Dire Dawa
Contents
Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Company Summary..............................................................................3
Objectives...........................................................................................3
Keys to Success...................................................................................4
Company Information...........................................................................4
SWOT Analysis....................................................................................6
Strength........................................................................................6
Weakness......................................................................................7
Opportunities.................................................................................7
Threat...........................................................................................7
Company Ownership.............................................................................7
Services..............................................................................................7
Products.............................................................................................8
Management Philosophy......................................................................12
Customer Satisfaction.........................................................................12
Sustainability Management..................................................................12
Company Structure............................................................................13
Financial Statements..........................................................................14
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Company Summary
Yassin Elmi General Trading Company is established with an objective of
importing and supplying of construction materials and equipment for
Ethiopian Market.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
The Company is solely owned by Mr. Yassin Elmi Issak and is registered in
Dire Dawa City as per the Ethiopian Business Law.
Company Vision
Company Mission
Objectives
Yassin Elmi General Trading plans to:
Keys to Success
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Company Information
The Company’s address is located at Dire Dawa City. Mr. Yassin Elmi, the
owner of the Company, has adequate experience and technical reputation in
the construction materials import and supply industry.
Name of the enterprise: Yassin Elmi General Trading
Business Type: import and supply of Construction materials &
equipment
Year of establishment: January, 2011 EC
Location: Dire Dawa City
The Enterprise has been registered with the ministry of trade and industry of
the Federal Democratic Republic of Ethiopia.
As per the financial statement for the years 2011 and 2012 EC, the business
has generated good profit.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Mr. Yassin Elmi, the owner/general manager of the Enterprise has got more
than 10 years’ experience in managing private businesses in the
construction and import sector.
During his business years, Mr. Yassin has acquired smooth business
transaction practices with different financial institutions such as, Commercial
Bank of Ethiopia, Awash Bank and Oromia Cooperative Banks.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
SWOT Analysis
Strength
Weakness
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Opportunities
Threat
Company Ownership
Services
Yassin Elmi General Trading is now becoming one of the Leading Trading
Companies in the Country when it comes to the supply and Import of
Various construction materials and equipment that include: Metals,
Fasteners, Consumables, Hardware, Tools, Construction Materials and
different Accessories, construction machineries etc…
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Products
Industrial Supplies
Valves, Flanges, Pipes and Pipes Fittings (CS/SS/MS/GI), Bulk Chemicals, Hydraulic
Hoses & Fittings, Forged Fittings, Flow Meter, Pressure Measurement instruments,
Power tools, Containers, Drilling tools, Precision Machining items, Gaskets, Pumps,
Temperature Measurement instruments, Level Measurement instruments, Drill bits,
Drill collars, Wellheads, Diesel Generators , Batteries, Battery chargers.
Metals
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Management Philosophy
The mission of human resource department in the company is to assist the
entire company community by developing and interpreting human resource
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
policies and strategies and providing timely and accurate information and
prompt service on human resource issues.
The main areas of service include records management systems, hiring and
staffing functions, benefit administration, employee relation, grievance
handling, organizational diversity and cultural awareness initiatives.
Customer Satisfaction
We ensure that our company renders best satisfactory of our clients with
high value on competitive fields.
Our company ensures that clients demand will be guaranteed with best
quality and services we provide.
Sustainability Management
We can only be realized in harmony with the balance of responsibility for
economic, environment and social companies in order to grow continuously.
The company is planning to expand its personnel to add a number of job
superintendents as soon as the number of projects increases. These
superintendents will have the following duties:
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Insuring that all work is performed in accordance with all the Country
requirements and guidelines.
Company Structure
Financial Statements
Yassin Elmi General Trading
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Income Statement
As of July 30, 2019
Revenues
Sales ETB 48,479,164.40
Total Revenues 48,479,164.40
Cost of Sales
Beginning Inventory 3,041,273.22
Add: Purchases 38,275,145.80
Cost of Goods Available For Sale 41,316,419.02
Ending Inventory 7,381,003.94
Cost of Goods Sold 33,935,415.08
Expenses
Salary & Wages 1,234,548.00
Transportation Expenses 2,617,262.00
Loading & Unloading 1,181,232.62
Utilities Expenses 832,235.22
Miscellaneous Expenses 1,613,128.00
Depreciation Expenses 1,757,500.00
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
ASSETS
Current Assets
Cash ETB 2,904,848.00
Inventory 5,092,892.72
Current Liabilities
Long-Term Liabilities
Capital
Owner's Equity ETB 14,441,064.06
Retained Earnings 3,715,490.44
Total Capital 18,156,554.49
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Cost of Sales
Beginning Inventory 7,381,003.94
Add: Purchases 42,149,126.80
Cost of Goods Available For Sale 49,530,130.74
Ending Inventory 9,825,695.08
Cost of Goods Sold 39,704,435.65
Expenses
Salary & Wages 1,341,900.00
Transportation Expenses 2,844,850.00
Loading & Unloading 1,283,948.50
Utilities Expenses 904,603.50
Miscellaneous Expenses 1,753,400.00
Depreciation Expenses 1,669,625.00
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Current Assets
Cash ETB 3,631,060.00
Inventory 6,045,965.48
Current Liabilities
Long-Term Liabilities
Capital
Owner's Equity ETB 13,512,114.40
Retained Earnings 5,307,843.48
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
1.10 Depreciation
Definition
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2.1. Introduction
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It also plays a great role in creating team spirit, sense of belongingness and
high commitment among staff members by enabling them to be formed
what is expected of them and their respective rights in clear and transparent
manner.
In broadest sense, this policy and procedure manual besides making the
company HR decision making activity standardized, structured and fair, will
also help to improve the long run performance and competitiveness of the
company in market driven strategy since a well-managed and motivated
human resource is the most critical factor towards that end.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
This Human Resource Policy and Procedure Manual was prepared using a
standard proto type by closely adhering and understanding the real need
and specific nature of the company. Emphasis was placed on gaining useful
information on the current company practices and operation in respect to
human resource management by reviewing the limitations and gaps of the
existing HR Policy of the Company as well as by discussing with concerned
personnel and management members in a consecutive joint meeting.
Yassin Elmi General Trading recognizes the contributions of its employees and
treats each individual employee fairly and consistently in all matters, with a
uniform application of the following human resource philosophies.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
2.7.7. To prepare and provide job description for each job holder upon
assignment.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Creation of Vacancy
No
Review and Approval of
HR Request
Yes
Vacancy announcement
Registration
Interview or testing
Selection
No
Recruitment committee
proposal
Yes
Pre-employment
formalities
Employment contract
Orientation/induction
ANNEX 3: SUMMARY OF MATERIALS MANAGEMENT PROCEDURE OF
YASSIN ELMI GENERAL TRADING
3.1. Stores Administration
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
Stock room shall have wide isles for moving and screening
goods/materials by stores personnel,
The stock room shall be an area easily accessible for loading and
unloading of goods/materials
Food and leftover dish are not allowed in the stock room
3.2. Objectives of Stores Administration
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3.3.5. The store shall be big and suitable enough to hold and
accommodate the items to be stored and avoid could and mix up
for easy inventory;
3.3.6. The store shall have enough light and ventilation of stored
items;
3.3.7. The store shall have adequate Dixon shelves in order to
stock and arrange items neatly;
3.4. Types of Stores
3.4.1. Closed store: - This is a store having walls and ceiling and
it is used for indoor storage or silos.
3.4.2. Indoor stores: - There are several types of indoor store
which serve for different purposes.
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e) Open shed storage: - This kind of store has only the ceiling
to protect items from sun and rain. The items to be stored in
such kinds of places are supposed to be not easily stolen.
f) Stock yard:- Items that do not require special care and that
cannot be damaged from sunlight or rain are used to be
stored in stock yard. The items can be like sand, stone,
gravel, hollow block … etc. stock yard has fence that would
enable the proper guarding of the items.
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b. Bins: - are small boxes made up of timber or steel for storing small
items like bolts and nuts.
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Company Profile for Yassin Elmi General Trading Dire Dawa, 2021
The stores clerk shall indicate on the bin location card the location of
goods/ materials received and binned. (It can be computerized after
effective manual system is established)
The concerned stores shall initial the GRN for receipt and binning of
the goods/ materials and files it for future reference as per the record
control system of the company.
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