Report on the Supply Chain Management Process and to Overcome Its Challenges a Study on Transcom Beverages Limited
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Report On The Supply Chain Management Process and to overcome its challenges A Study on Transcom Beverages Limited By Meer Mustafa Nayeem Student ID: 17164023 An internship report submitted to the BRAC Business School in partial fulfillment of the requirements for the degree of Masters of Business Administration BRAC Business School Brac University January, 2020 © 2020. Brac University All rights reserved. Declaration It is hereby declared that 1. The internship report submitted is my own original work while completing degree at Brac University. 2. The report does not contain material previously published or written by a third party, except where this is appropriately cited through full and accurate referencing. 3. The report does not contain material which has been accepted, or submitted, for any other degree or diploma at a university or other institution. 4. I have acknowledged all main sources of help. Student’s Full Name & Signature: ___________________________________________ Meer Mustafa Nayeem 17164023 Supervisor’s Full Name & Signature: ___________________________________________ MD. SHAMIM AHMED Deputy Registrar Lecturer & Assistant Dean – Accreditation & Quality Assurance BRAC Business School BRAC University ii Letter of Transmittal MD. Shamim Ahmed Deputy Registrar, Lecturer & Assistant Dean – Accreditation & Quality Assurance BRAC Business School BRAC University 66 Mohakhali, Dhaka-1212 Subject: Submission of Internship Report on “The Supply Chain Management Process and to overcome its challenges: A Study on Transcom Beverages Limited” Dear Sir, With due respect and honor it is to inform you that I have prepared the report titled on “The Supply Chain Management process and to overcome its challenges: A Study on Transcom Beverages Limited “as per your instruction being appointed as commercial intern in the enterprise. I have given my utmost sincerity in preparing the report and tried to make this report as informative and comprehensive as I could in an extensive compact and detailed manner. I therefore, hope that the report will meet your expectation and will promptly be able to answer your questions Sincerely yours, _______________________ Meer Mustafa Nayeem 17164023 BRAC Business School BRAC University Date: 06/01/2020 iii Non-Disclosure Agreement This agreement is made and entered into by and between Transcom Beverages Ltd and the undersigned student at BRAC University Meer Mustafa Nayeem iv Acknowledgement Firstly, I am very thankful to Allah the most beneficent and merciful who gave me strength to complete this report. This report completion wouldn’t have been possible without the support of many people and I am acknowledging them here. I have been deeply appreciated and encouraged by my Supervisor Mr. Shamim Ahmed who guided me throughout the report and assisted me to give a form to my report. I thank him for his enthusiasms, being supportive and guidance towards me I am also thankful to Shazzadur Rahman, Manager (Head of Commercial, TBL) and Waliur Rahman, Senior Executive (Commercial, TBL) & Harif Uzzaman Executive (Commercial) for finding out time from their busy schedule to help and guide me. I want to express my gratitude and for having the opportunity to work well in the organization With the help of every piece of information given by my Team Members I have completed my report effectively and on time. The feedback and assistance I got while working with TBL helped me to complete the report successfully. Lastly, I would also like to thank my peers and friends who were beside me during the preparation of the report. Without their support, suggestion and co-operation, this task would have remained undone. v Executive Summary The global marketplace with an environment friendly scenario provides chain management as an incredible competitive gain for a trade. Supply chain managers plan, schedule, and control that stream of objects to help the agency remain competitive and manipulate costs. They construct the bridges between suppliers, companies, and consumers. TBL being the dominating beverage venture in Bangladesh has been contributing to the economy by offering fine consumer product in a comparatively sensible price. In this report I focused on the entire supply chain management process of my assigned company which is Transcom Beverages limited. The report reflects the forecast of demand, material planning, capacity planning, analysis of their operation strategy also the tedious operation process, factory layout and supply chain management execution from the production to warehouse from the distribution to ultimate consumer. TBL aims to have a reduction in the inventory and simultaneously increasing stock availability. The reader can get the overview of the total supply chain management process through this report. vi Table of Contents Declaration................................................................................................................................ ii Letter of Transmittal ............................................................................................................. iii Non-Disclosure Agreement .................................................................................................... iv Acknowledgement .................................................................................................................... v Executive Summary ................................................................................................................ vi Table of Contents ................................................................................................................... vii List of Tables ........................................................................................................................... ix List of Figures ........................................................................................................................... x List of Acronyms ..................................................................................................................... xi Chapter 1 Introduction............................................................................................................ 1 1.0 Introduction ........................................................................................................................ 1 1.1 Origin of the Report........................................................................................................... 2 1.2 Objectives of the Report .................................................................................................... 2 1.3 Scope of the Report ............................................................................................................ 3 1.4 Methodology of the Report ............................................................................................... 3 1.5 Sample of the Study ........................................................................................................... 4 1.6 Limitation of the Study ...................................................................................................... 4 Chapter 2 Literature Review .............................................................................................. 4-5 Chapter 3 Company Overview ............................................................................................... 5 3.1 History of Transcom ...................................................................................................... 5-6 vii 3.2 Company Description ........................................................................................................ 6 3.3 Mission and Vision of TBL................................................................................................ 7 3.4 Concerns of Transcom ................................................................................................... 7-8 3.5 Products of TBL ................................................................................................................. 8 3.6 Organogram of TBL ...................................................................................................... 8-9 Chapter 4 Supply Chain Management Process ............................................................. 9-11 4.1 Forecasting.................................................................................................................. 11-15 4.2 Operation Process ...................................................................................................... 16-21 3.3 Operation Performance Analysis ............................................................................. 21-27 4.4 Supply Chain Execution Process .............................................................................. 27-32 4.5 Distribution ....................................................................................................................... 33 4.6 Relationship between Supply Chain Management and ERP ....................................... 33 Chapter 5 Challenges and Solution of TBL .................................................................. 34-37 5.1 TBL’s contribution to the economy................................................................................ 38 Chapter 6 Findings and Analysis .................................................................................. 39-46 Chapter 7 Recommendations .............................................................................................. 49 Chapter 8 Conclusion ..........................................................................................................