NANA Berhad is listed in the year 2014. The company involves with both regional and international organisations in providing end-to-end logistics solutions for its customers. Dato' Halim, the Chairman cum the Chief Executive Officer (CEO) of the company has held the positions for five consecutive years. He held three other chairmanships and a further three board seats in other companies. In the annual report, the company reported Dato' Halim as independent director. With regards to meeting, the board meets every month. The NANA board comprises of six members in total, two of them (Puan Noor and Dato Abu) were truly independent. One of its independent directors, Puan Noor, has been appointed as the independent director for 15 years. The company renewed her directorship as independent director by the approval of the board members. Lim Seng, son of Dato Lim, is the chief financial officer of NANA. He is the chairman of Audit Committee of NANA. One of its functions is to assess the suitability, objectivity and independence of the external auditor. One of its members is a former staff of Price Waterhouse Cooper. He left the well-known audit firm for 7 months before being appointed NANA 'a hoond
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
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