Notes
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Attendees -
Sherfin/Preyash/Hakim/Murtaza/Mr. Ahmed
Notes A & M Group
1. Mother Company A & M Group
List of Child Companies
A) Lowrence Tactical
sells : Apparel,bags,shoes,off road Bugys,Golf Carts, Air guns, sports Equipments
Brands
5.11 tactical,Rothco USA,Rocky,Under Armour,Hisun Motors USA,T3 Motion,HUUB,Leatherman,Blackhawk,star Ev,Hammer Head,Marshal.
B) Gulf Leather Industries
shoes,Bags,accessories,ministry uniforms,
Brands Romantic and Classic
C) Al sayed Travels
services Ticketing,hotels,flight booking,sea cruise,Private gets, etc
D) True life for Medical
Services : provide medical equipments,vip private hostels,
medical equipment showroom
Brands :foraduo,mennatta,Bollmann,Technobody,moving life,hotshotz,Rexi+care,Ns,airwheel,Lipo elastic,choicemmed,monarch mobility.
- Romantic: (Under A&M Co.)
brand : Romantic and Classic
job : medical custom insoles manufacturing
locations : 7
E) Romantic Farms -
Problems / Challenges -
1. Mother Company -
A&M * Lowrence Tactical -
2. Control Purcahses/Receiving/Issuing (Worflow for approvals)
3. Payments (Approvals)
4. HR Approvals
5. All expenses - to be done by A&M
6. All Payments received by A&M.
7. Sherfin - to explain all in details.
8. Each Company should visualise their P&L separately.
9. All expenses and Payment through A&M.
10. Bank txns done through A&M.
11. GM - A&M - controlling 5 companies.
12. A&M to control each compant separately.
13. All finances to be managed by A&M
14. All other accounts will be recorded individually
=======================================
Operations -
Lowrence Tactical -
Trading Company -
POS/Inventory/Purchases (Import/local)
Servicing - Garage
Repairing & Maintenance
Warranties - for car. / electric products.
Air Guns - Lowrence - to capture civil Id.
Electric & Car - Serialised inventory.
Each Zone - can make sale
Showroom belongs to Lowrence -
Zones - belong to different brands.
======================================================
Lowrence - will buy from other companies and display products. (Intercompany transaction)
========================
Travel Agency -
1. Fiesta being used.
2. API's to be provided by fiesta.
3. Credit rules in Fiesta.
4. HR - employees - Petty cash claims -
5. All sales will come to A&M.
6. All payment to suppliers is done by A&M.
(Based on API's and data available from fiesta, we will check on what rules can be applied).
7. Sherfin to get us in link with fiesta team.
===========================================
Requirements:
1. List of All Brands separated company wise
2. items list
3. chart of accounts
4. Debtors and creditors list
5. letter head
6. Detailed Explanation for each process.
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