Limcoma Multi-Purpose Co-Operative: Strategic Management Case Study

Pages: 132 (26156 words) Published: October 29, 2014
Limcoma Multi-Purpose Cooperative STRAMA Paper

Page 1 of 132

CHAPTER I
INTRODUCTION

Limcoma Multi-Purpose Cooperative is a pioneer in the feed mill industry in the southern part of Luzon.
As an answer in the economic downfall during the 1970s which resulted to growers‘ inability to purchase livestock feeds, 77 livestock producers established the Lipa City Multi-Purpose Cooperative Marketing Association, or LIMCOMA with P57,000 as initial capital.

Mission at hand, the organization set up the basics—to mill and produce their own feeds and (feed) supplements, respectively. The cooperative started manual operations wherein the ―pala-pala system‖ called for workers to use spades in a leased rice mill in Lipa City, Batangas. From there, Limcoma‘s high quality products, performance and dedicated manpower have allowed the cooperative to expand operations.

In 1994, Limcoma became the first computerized feed mill in the Philippines and in the whole of Southeast Asia with state-of-the-art equipment from Netherlands producing high quality feeds with precise mixture of ingredients, churning out exact amounts of product with its plant capacity of 11,000 bags of animal feeds per day. It was also the first to have 97-foot twin silo which is designed to store up to more than 3,600 tons of raw materials with maintained quality and moisture content. To add to its list of achievements, it was also the first local cooperative feed mill to be ISO certified in 2002. At present, it produces 63 registered feed rations for hogs, fowl, tilapia, cattle, horse and rabbits.

The changing times have seen Limcoma go through its own progressive shifts. These days, the organization goes simply by the name Limcoma from its official name change to Limcoma Multi-Purpose Cooperative in 1992. With regular members standing at 3,787 and associate members at 2,986 as of end-December 2012, it now conducts business in CALABARZON, Mindoro, Western Visayas, and Camarines Sur. Limcoma has

Page 2 of 132

Limcoma Multi-Purpose Cooperative STRAMA Paper

31 branches/satellites. Its workforce consists of an executive group and work pool of 183 fulltime employees. The ―Corn to
Pork Cycle‖ Project
of

Limcoma

was

introduced with the
objective

of

integrating

the

business activities of
the

cooperative

to

offer complete service
to

members.

consisted

of

This
the

following:

Corn

Production,

Feed

milling, Feed Subsidy
Program, Multiplier Farm, Swine Dispersal Program, Limcoma Prime Processed Meat, Limcoma Meatshop ng Bayan and Limcoma Rural Bank.
At present only one of these business activities remained profitable and under Limcoma Multi Purpose Cooperative management- the Feed Milling business.

Limcoma Multi-Purpose Cooperative STRAMA Paper

Page 3 of 132

CHAPTER II
RESEARCH DESIGN AND METHODOLOGY

Data used in this paper were gathered from:
a. Interviews with Limcoma Multi-Purpose management,
b. Manuals, periodicals, and general assembly invitations from Limcoma, c. Audited Financial statements, Cooperative Annual Performance Report (CAPR), Social Audit Report, cooperative figures and surveys were requested from Cooperative Development Authority Regional Office Calamba Extension Office in Calamba City, Laguna,

d. Sector Performance reports from government websites such as Bureau of Agriculture Statistics (BAS), Animal Feeds Standard Division (AFSD), National Statistics Office (NSO), Department of Agriculture (DA), Livestock Development Authority (LDA), Philippine Association of Feed Millers, Inc. (PAFMI), Cooperative Development Authority (CDA), National Statistics Coordinating Board (NSCB), Food and Nutrition Research Institute (NFRI),

e. Actual survey for the feed prices in the market- prices of three competing cooperatives, f.

Actual survey of 1,000 current active members through random sampling method for the survey of additional regular members in the forecasted years, and...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay about Strategic Management Case Study
  • Essay on Strategic Management
  • SOUTHWEST AIRLINES STRATEGIC MANAGEMENT CASE STUDY Essay
  • Case Study Essay
  • Essay about Strategic Management
  • Strategic Management Essay
  • Strategic Management
  • Case Studies in Strategic Management Essay

Become a StudyMode Member

Sign Up - It's Free