Al-Rashed Fasteners Company Newsletter

development of our modern Saudi Arabiaand GCC countries. Since early beginnings we were deeply planted in foundations & infrastructure of dltjtthh pp, into being in February1989. As soon as Al Rashed Fasteners came under new management, it started turning around.<br><br> Al Rashed Fasteners initially commenced its operations in two modest industrial units at Al Khobar. In 2007, the company moved to its new site in the DammamSecondIndustrialCitycoveringanarea many d eve l opmen t pro j ec t s th roug h our reliable FASTENERS. Our products are every where in the region joining components and modules to each other.<br><br> Willtibildidk Dammam Second Industrial City covering an area of more than 33,000 square meters. The future of Al Rashed Fasteners looks promising with an efficient management at the helm and an army of qualified staff always eager to serve GlMfAl RhdFtC W e w ill con ti nue b u ildi ng up an d k eep our distinguished efforts devoted to exceed our customers expectations. AL-RASHED FASTENERS is committed to serve national economy.<br><br> 1 G enera l M anager o f Al - R as h e d F as t eners C o. SAMI HAMID Al Rashed Fasteners P.O.Box:185 , Al-Khobar 31952 Kingdom of Saudi Arabia Tel : + 966 3 8123 912 Fax :+ 966 812 3915 / 812 1257 E-mail:info@ alrashed-fasteners.com ABDULMOHSEN AL-RASHED Al-Rashed Fasteners CompanyNewsletter NATIONAL FASTENERS Company Newsletter Issue1April, 2008 Volume 1 Issue1 April, 2 008 A tribute to AFC 9S Success A p lent y of p ro j ects 2007 Al-Rashed Fasteners signs t pypj agreemen t with ZUTAC Bahrain Promising Partnership T he Al-Rashed Fasteners has signed a 1 year contract with ZUTAC CltiCUdthtfditifthtZUTAC C onsu lti ng C ompany. U n d er th e t erms o f con diti ons o f th e agreemen t , ZUTAC consulting will provide Al-Rashed Fasteners with a set of marketing and quality management solutions as a part of Al-Rashed Fasteners 9 plan to raise to a major changes taking place in the Saudi economy after the accession of the Kingdom to the World Trade Organization in December 12, 2005.<br><br> Al-Rashed Fasteners believes that today's business environment requires an efficientandcapablemanagementtocreateavisionoftheorganization ' s efficient and capable management to create a vision of the organizations future directions, said Mr. Sami Hamid, General Manger of Al-Rashed Fasteners. ZUTAC company is a specialized managerial and marketing consulting company that works and studies the effects of globalization of the companies 9 activities in the Middle East region.<br><br> ZUTAC has provided client companies strategicplanningtoolsandleadershiprequiredtoobtainsuperiorstrategic 2 Al Rashed Fasteners P.O.Box:185 , Al-Khobar 31952 Kingdom of Saudi Arabia Tel : + 966 3 8123 912 Fax :+ 966 812 3915 / 812 1257 E-mail:info@ alrashed-fasteners.com strategic planning tools and leadership required to obtain superior strategic results. Al-Rashed Fasteners CNltt NATIONAL FASTENERS C ompany N ews l e tt er Volume 1 Issue1 April, 20 08 It Sami Hamid Managing Director, Al-Rashed Fasteners , KSA A tribute to Al-Rashed Fasteners Success: A plenty of projects 2007 A l-Rashed Fasteners has celebrated its shifting to new location at the Dammam Second Industrial City with thecommitmenttoservingitsclients the commitment to serving its clients with international standard products. The company was engaged in more than 20 major projects during the year of 2007.<br><br> The shifting to the new location was a necessarystepforourgrowing 2 necessary step for our growing business in the wake of increasing demand for our products. The site area of new factory exceeds 33,000 m . Al Rashed Fasteners' success relies on its dedicated employees and on the farsightedvisionoftheupper farsighted vision of the upper management of the parent company, Al-Rashed Group.<br><br> The top management has invested both money and time to realize the significant success and to create a work environment, which catapult Al-Rashed Fasteners into one oftheleadingcompaniesinthe of the leading companies in the kingdom. The first issue of "Al Rashed Fasteners" is very important since it has opened up a new opportunity for us to introduce ourselves to our future clients. We offer a sincere "THANK" to 3 Al Rashed Fasteners P.O.Box:185 , Al-Khobar 31952 Kingdom of Saudi Arabia Tel : + 966 3 8123 912 Fax :+ 966 812 3915 / 812 1257 E-mail:info@ alrashed-fasteners.com both our current and future customers who come forward to helping us grow.<br><br> Al-Rashed Fasteners CNltt NATIONAL FASTENERS C ompany N ews l e tt er Volume 1 Issue1 April, 20 08 Interview with the Marketing Manager of Al-Rashed Fasteners e-Commerce a Big Challenge Q : What does the future Q :Forseveralyears A tribute to AFC 9S Success A plenty of projects 2007 " v hold for Al-Rashed Fasteners? To become a brand name fasteners. Q .<br><br> From strategic point of you, to what extent you believe that e-commerce is importanttoacompanylike Q : For several years , fasteners industry grows in the international market. Please give us an idea about international fasteners market? During the last three years, international fasteners market has been affected by so many fthihditdiffilt Shahid Iqbal , Marketing Manager , Al-Rashed Fasteners Company Q :This lead us to another the manufacture of important to a company like yours?<br><br> Well, the Internet is so important for today's business. If you are in the business of marketing, e- commerce is vital for your future success. While the overallSaudieconomyhas f ac t ors w hi c h ma d e it diffi cu lt to understand the future sate of the global and regional markets.<br><br> One could say that the influence of world markets has dominated the global economy. It's believed that the European question. Saudi Arabia joined WTO in 2005.<br><br> How this event affected your company? Thank you for this important question. Actually Saudi accession to WTO was an im p ortant event.<br><br> The international standard products. We always strive for the state-of-the- art technology to provide our clients with products conforming to global standards. We have distinguished clients and we satisf y them b y overall Saudi economy has been growing by single-digit rates in the longest economic expansion in history, electronic commerce has been growing in a magnitude faster than the economy as a whole.<br><br> fastener industry is flourishing. Globally the news from China has been positive and also Latin America, particularly Brazil. The problems in the USA economy affected the USA fastenersindustry p Kingdom has committed to WTO to decrease tariffs from 20 % to 12 % , but the Commerce Ministry made further reductions as a result of implementation of GCC common market .Current applied rate on fasteners is 5 %thismeansmoreburden yy meting their needs.<br><br> Q : How are your plans progressing so far this year? How will these plans work during the rest of the year ? Thestrategicplanshave A Washington Post report in January of 1999 reported that holiday shopping online had tripled.<br><br> Projections for Internet commerce in the first few years of the 21st century conservatively estimated at hundreds of billions of dollars , de p endin g fasteners industry . Q : We believe that Saudi fasteners industry is not far from the developments in the world economy. Can you give us an idea about the Saudi industry development during the last few years?<br><br> 5 % , this means more burden on the national industry to compete with imported fasteners. Q : What are Al-Rashed Fasteners strengths and weaknesses? The strategic plans have been progressing even better than expected and I believe that the rest of this year will be spent on implementing our new business strategy, which will start in the autumn of 2008.<br><br> ,pg on who is doing the projection. All agree that e- business will be a major part of the 21st century world economy. Well, you are right, the industry witnessed dramatic challenges during the last few years specially, because of the sharp increase in raw material prices which raised our costs and thereby affected our sales.<br><br> 4 Al-Rashed Fasteners has a very powerful and innovative work force which resulted in Al Rashed Fasteners P.O.Box:185 , Al-Khobar 31952 Kingdom of Saudi Arabia Tel : + 966 3 8123 912 Fax :+ 966 812 3915 / 812 1257 E-mail:info@ alrashed-fasteners.com Al-Rashed Fasteners CompanyNewsletter NATIONAL FASTENERS Company Newsletter Issue1 April, 2008 Volume 1 . . Our Factory : An Interview with Marketing Manager of Al-Rashed Fasteners Digital Economy & E-Marketing Continued, from Page 4 A tribute to AFC 9S Success A plenty of projects 2007 I can confirm to you that E-Marketing, e-newsletter and internet help us reach a wide range of targeted potential new clients while maintaining and increasing the loyalty of existing clients.<br><br> This is achieved through means like: " Practical and intuitive web design that reflects the corporate Al- Rashed Fasteners Unit fthlflit Practical and intuitive web design that reflects the corporate identity and ensures clear communication for key messages, services, and offerings. " Effective use of Internet advertising tools. " Effective use of search engines.<br><br> " Mass email and SMS campaigns to keep our existing clients. l Employee Corner manufactures a whole range of quality fasteners according to the international standards. The product range includes forged bolts (both hot and cold), nuts, studs and automotive fasteners besides the stud and anchor bolts.<br><br> Quality standards are ensured through hi-tech facilities like heat treatment, hot-dip galvanizing and electro- galvanizing. These techniques satisfy " Online Surveys (e-Surveys). " Ability to reach and track targeted audience Employee Corner Mr.<br><br> Chacko Joseph joined Al-Rashed Fasteners in October 1997 as IT Manager , bringing with him over ten years of experience in IT Sector. Nowadays he is in the hot spot implimenting the ERP JDEdwards project aiming at higherlevel of data processing and business control. in Computer Science from University of Calcutta ggqy specialized demands for the products covered under product range.<br><br> Products of Al-Rashed Fasteners are assured for Quality by using modern state- of-the-art Testing Equipment including 1000 KN Tensile Testing Machine & Alloy Analyzer of US make (INNOX-X SYSTEMS). Theproductsareprocessedwithstrict . The products are processed with strict Quality Control measures and have a proven Traceability system.<br><br> CHACKO JOSEPH Al Rashed Fasteners P.O.Box:185 , Al-Khobar 31952 Kingdom of Saudi Arabia Tel : + 966 3 8123 912 Fax :+ 966 812 3915 / 812 1257 E-mail:info@ alrashed-fasteners.com 5 Al-Rashed Fasteners CNltt NATIONAL FASTENERS C ompany N ews l e tt er Volume 1 Issue1April, 200 8 . . Al-Rashed Fasteners Events Al Rashed Fasteners Opening Ceremony Pictures " v dd : Employee Corner f Edited and Designed By 6 Iqbal Shahid Edited and Designed By Al Rashed Fasteners P.O.Bo: 185 , Al-Khobar 31952 Kingdom of Saudi Arabia Tel : + 966 3 8123 912 Fax :+ 966 812 3915 / 812 1257 E-mail:info@alrashed-fasteners.com 6 6 ZUTAC Consulting Company Website: www.zutac.com E-mail: info@zutac.com<br><br>

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