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Management in Bangladesh
Over the past three decades, Bangladesh has evolved from a controlled economy to
a market oriented economy through a wide range of policy reforms which include
reforms in trade policy, industrial policy, monetary and fiscal policy, exchange rate
policy, and promotion of foreign direct investment. Like manufacturing sectors, service
sectors are also becoming the core of Bangladesh economy. It has been observed that
implementation of Supply Chain Management Practices in Service Sector of Bangladesh is
not remarkable in comparison to manufacturing industry. However few process and practices
like use of technology demand management, inventory management, lead time management,
sourcing etc have been used to a limited scale.
To emphasize its significance for the success of a company and enhance its practices
in farms, Supply Chain Management is being studied and mastered in an academic level in
Bangladesh. These courses are provided by universities, also by many Supply Chain
Development organizations such as ISCEA, DCCI Business Institute (DBI), Strategic
Consultation Bangladesh etc. Mastering Supply Chain Management promises a bright career
prospect in Bangladesh, as many companies are trying to integrate the supply chain networks
in their business models causing a great demand for supply chain specialists. As a result,
more and more individuals are trying to establish their career in this area.
Top Organizations practicing SCM function
Supply Chain Management is practiced in most of the manufacturing industry in Bangladesh,
including the Fast Moving Consumer Goods (FMCG) companies. Here is a list of some of the
top positioned companies that are successfully using SCM function in their business model-
1. Unilever
2. Nestle Bangladesh
3. Coca Cola
4. Grameenphone
5. Renata Company limited
6. Siemens
7. ACI
8. Reckitt Benckiser
In near future, local companies can also dominate the market share if they can
successfully practice and implement Supply Chain in their business function. To do that, they
have to integrate all of their departments and consider all the functions to be taken under
sustainable Supply Chain Development. The RMG and service sectors can also benefited by
proper implication of it. Supply Chain also has a good career prospect in Bangladesh. Many
university students are pursuing their degrees in this area. Also, more universities of
Bangladesh should add the courses of Supply Chain in their curriculum.