Socio-economic analysis of operations of Bangladesh machine tools factory

Abstract

BUJJglade~h Machine Tools Factory was conceived and started conslruclion in 1967, Bangladesh Govcrlllllent decided to carry forward with this project and in 1980 BMTF started as mother industry to support other industries of the country. But unfortwJaleJy this organization had never made any profit until it closed down in July 1994. Government of Bangladesh handed over this factory to Bangladesh Army in 2000. The subject has been selected for full-scale study on analysis of productivity and socioeconomic contribution or BMTF under C(lrrent management. Emphasis has been given to asses existing facilities, fimmciai analysis and SWOT ,maly~is.In financial analysis main focllS were given on capital structure, sales growth, asset utilization, ratio analysis, profit growth and ri~k analysis. A comparative analysis about strength, weakness, threat and. , potential opportunities had been carried oul in detail to find out present position of tbe organization. An attempt have been carried out to find out the prevailing working condition through interview and structured questionnaire focusing on job satisfaction, working hour, employee- management relation. At the end economic contributions of BMIF on our national economy were analy1.ed. Finally a set of guidelines for production _ • • ~tralegie~, reengineering, and currenl busine~s approach has been listed in order to sustain this organization.