Supply chain relationship and sourcing of JMI Hospital Requisite Manufacturing Limited

Abstract

This report has been primed as a requisite of the MBA internship program. This report is based on the “Supply Chain Relationship and Sourcing of JMI Hospital Requisite Manufacturing LTD.” the major highlighted part of this report is the process and organized way of supply chain relationship and sourcing of this company. In today's global business world, supply chain management has become an essential component of any organization. Larger companies outside of Bangladesh have effective supply chain management in place to ensure that their organization is run efficiently in order to maximize profits and maintain client loyalty. The delivery chain for a handful of the outside businesses is huge. Bangladesh's supply chain management position differs from that of developed international countries. The report has been organized on the basis of my hands-on work involvement at JMI Group. JMI Group is one of Bangladesh's most exciting and rapidly growing businesses. JMI Bangla Company Ltd (later renamed JMI Syringes & Medical Devices Limited) was founded in 1999 as the Group's first SBU. China, Turkey, Japan, and South Korea have all invested over BDT 10 billion in the Group, which currently has roughly twenty-two enterprises. The JMI's ultimate purpose is to safeguard lives through manufacturing medications, syringes, and other advanced medical devices, as well as working for the benefit of humanity. JMI Hospital Requisite Manufacturing LTD. is a driving producer of Plastic, Elastic & Silicon components for restorative applications around the world. The company produces exceptionally high-quality components for therapeutic gadgets keeping up a cleanroom environment. A bunch of highly-skilled, taught & committed workers is there to deliver & convey state-of-the-art quality items. The company is working beneath the Medicate specialist of the People groups Republic of Bangladesh. The company was set up as a joint wander company with endeavors & specialized know-how brought from Korea (Sun-Myung Universal Inc.) to deliver preeminent quality items. Supply chain relationship refers to the process where the communication and understanding the process and procedure of suppliers are maintained. Sourcing indicates the medium or ways the suppliers are identified and selected. JHRML maintain a very strict and modest process and procedure for selecting the sources and keeping the relationship cordial and professional with them. Ensuring the world class product and services need the best of the best raw material supply and maintain them balanced. In this report I have tried my level best to identify and indicate the procedure of sourcing the suppliers, their qualifying standards and abilities, selection criteria and overall relationship with the organization.