The operations & supply chain management of Energypac Engineering Ltd

Abstract

In today's global marketplace, effective supply chain management is seen as a significant competitive advantage for a business. The enterprise that conducts robust supply chain planning activities, delivers increased efficiencies. Supply chain managers plan, schedule, and control that flow of goods to help the company stay competitive and control costs. They build the bridges between suppliers, companies, and consumers. Energypac Engineering Ltd. is a major player and the largest private organization in the power sector industry of Bangladesh. Problem is Energypac plays a monopoly role in the domestic power sector market. In the local market there is no competitor at the moment. This seems to be a good sign, but has some bad impact too. Due to having no proper competition, Energypac has not really felt the importance of optimized use of its resources. In this current market, there is no room for comfort. There are competitors growing in the local market, and the market is rapidly opening up to the foreign investors. Throughout the report, the focus is to find potential improvement areas and apply my knowledge and tools for betterment of the procurement process and strategy for Energypac Engineering Limited. Firstly, I tried to figure out the problems through survey, prioritizing the list and finally propose action plan against each. Importance has been given on implementing the Enterprise resource planning (ERP) as that will solve a lot of problems, specially the inefficiency issues at Energypac.