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Letter of Transmittal

11th July, 2017

Abul Kalam
Assistant Professor & Dean
Department of Business Administration
Sonargaon University

Subject: Submission of the research on Inventory Management of Building


Technology and Ideas Ltd. (bti)
Dear Sir,
It is a great pleasure for me to submit the research on Inventory Management of Building
Technology and Ideas Ltd. (bti), an official part of Building Technology & Ideas Limited
(bti) for the partial fulfillment for the Degree of Masters of Supply Chain Management.

Although, the preparation of the study wasnt an easy task for me, I enjoyed the challenges
and tried to face the problems with patience. This study gave me a real life experience and
opens our eyes to the actual business environment. It helped me to gathering various
aspects of knowledge and increased observation power regarding a business and its regular
operation.

I have provided my best effort to prepare this research paper. I hope my research meet
your expectation. However, if you need my clarification from any part of this research
then please let me know me about it and I will try my best to make that understandable.

Sincerely yours,

MD. Munir Ahmed


ID: MSCM-1503006016

i
Certificate of Supervisor

The current research entitled Inventory Management of Building Technology and


Ideas Ltd. (bti) has been submitted to the Department of Supply Chain Management, in
partial fulfillment of the requirements for degree of Masters of Business Administration
(MBA), Major in Supply Chain Management and Faculty of Business Administration on
July 05, 2017 by Md. Munir Ahmed, ID# MSCM-1503006016. The research has been
accepted and may be presented to the Internship Defense Committee for evaluation.
(Any opinions, suggestions made in this report are entirely that of the author of the report.
The University doesnt condone nor reject any of these opinions or suggestions).

____________________
Abul Kalam
Supervisor

ii
Declaration

I do hereby declare that the report of research program titled Vendor Rating and Analysis:
A Study On Building Technology & Ideas Limited (bti) is uniquely preparing by me. By
considering this importance arranges research program each semester compulsory for the
students of Masters of Supply Chain Management (MSCM) to complete the requirement
of the course. As a part of this program my topic of the study was selected as Inventory
Management of Building Technology and Ideas Ltd. (bti) I tried my best conduct
effective study by collecting current data from head of bti.
I do hereby declare that the research is only prepared for my academic requirement not for
other purpose, it might be with the interest of opposite party of the corporation. I also
assure that this research is not submitted any whereof Bangladesh before.

Your Sincerely

Md. Munir Ahmed


Roll No.: MSCM-1503006016
Masters of Supply Chain Management

iii
Acknowledgement

It is a great pleasure of having the opportunity of expressing my deepest since of gratitude,


heat-felt thanks and sincere appreciation and greatest ineptness to my reverend supervisor
Abul Kalam, Assistant Professor & Dean, Dept. of Business Administration, Sonargaon
University, for his constant guidance, excellent cooperation and continuous
encouragement without how is this work would not have been possible.

I am very much in debt in the department of MSCM to giving me the opportunity to do


the report in an organization. As well as I am also grateful to the management of Building
Technology & Ideas Limited (bti), for the research program at their organization who
allowed me, supplied me necessary formation of documents and sacrifices their valuable
time.

I would also like to express my profound gratitude to all of the staff of bti, who have
provided me various information which are most necessary for the report.

iv
Abstract

I have framed my project Current Inventory practices of real estate developers with
Building Technologies and Idea' Ltd. During the course of our project I was able to study
the material flow in the construction sector as per the scheduled activity and requirement.
As per our project's focus I made a positive attempt to analyze the flow of materials
throughout the project in terms of its usage as per the oncoming requirement of the
proposed activity.

Primarily Inventory management is about specifying the size and placement of stocked
goods at various stages of the project. Inventory management is required at different
locations within a facility or within multiple locations of a supply network to protect the
regular and planned course of production against the random disturbance of running out
of materials or goods yielding in profits.

The material layout also avoids confusion and risks thereby creating a safe atmosphere in
the construction site. The role of material management in various organizational
functional activities such as material purchasing decision, material forecasting, material
planning and budgeting, selection of potential information from sources are identified as
key learnings of the project. Also, inventory management with direct linkage with other
functional areas of management such as TMQ, HRM, IT etc and application of tools &
techniques of inventory classification in the real life situation that elaborates on stock
levels and rating analysis.

I also took a stand to find out the techniques to select vendors and various aspects in source
selection stressing on the local source who is in a reachable limit from the construction
site, with its positive and negative analysis since the key to successful analysis is to
identify the important characteristics of the particular purchase.

The graphical representation of our analysis is a result of the work I carried through our
project. It educates the trigger points, the point which helps the staff in charge creating an
order for the material so that the work shall not stop.

v
Table of Contents

SL. Particulars Page


No. No.
1 Letter of Transmittal i

2 Certificate of Supervisor ii

3 Declaration iii

4 Acknowledgement iv

5 Executive Summary v

Chapter One
Introduction
1.1 Background of the Study 02

1.2 Objectives 02

Chapter Two
Company Overview
2.1 Company Profile 05

2.2 Mission 06

2.3 Values 06

2.4 BTI Collection 06

2.5 Sister Concerns of BTI 08

2.6 SWOT Analysis 09

Chapter Three 10-24


Literature Review

Chapter Four
Data Analysis and Interpretation of bti
4.1 Inventory Management Practices 26

4.2 Selection of Vendors 27

vi
4.3 Tools and Techniques of Inventory 29

4.4 Determine inventory requirement at different stages of 36


construction project i.e. over Project Life Cycle.

4.5 Stock maintenance & Analysis of "A" class 46


Inventories.

Chapter Five
Findings, Recommendations and Conclusions

5.1 Conclusions 50

5.2 Recommendations 51
Bibliography 54

vii

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