Working capital management at Nestle Bangladesh Limited
AuthorNadim, Syed Sazzadul Islam
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Nestlé is world’s largest health, nutrition and wellness company with a mission of “Good Food, Good Life” which actually drives the company to provide consumers with the best tasting and most nutritious food choices in a wide range of food and beverage categories and eating occasions. Although globally it is twice in size of its nearest FMCG (fast moving consumer goods) competitors, in Bangladesh its journey is comparatively new. Nestlé Bangladesh Limited, a wholly owned subsidiary of Nestlé S.A., started its commercial production in 1994 .Today Nestlé Bangladesh Limited is strongly positioned to grow through its policy of constant innovation and renovation, concentrating on its core competencies and commitment to high quality, with the aim of providing the best quality food to the people of Bangladesh. The report is based on a working project and the aim of the report is to figure out how to develop Working Capital Management of Nestlé Bangladesh Limited .This report is designed in five major chapters. Initially the opening words about the report were described in the first segment titled “Introduction”. The next segment “Company Profile” contains the history of Nestlé, Product/service offerings, Operational network organogram, Nestlé Bangladesh Ltd. and Visions & mission for the future. Next chapter is about my job and major responsibilities; where I have tried to describe my job and some of its drawbacks. Then my analysis and finding of my assign project named how to develop Working Capital Management of Nestlé Bangladesh Limited (NBL). Here I want to mention one drawback that is NBL is not listed in Bangladesh stock exchange. Therefore I used all financial data of Nestlé India Limited which is also a part of Nestle S.A. The last & final part contains the concluding part. Before drawing any conclusion based on this report it may be noted that there might be lack in data, but still it may be useful for designing any further study.