Procurement and supply chain management of Navana CNG Limited

Abstract

This report exhibits the procurement and supply management of Navana CNG Limited. Based on the findings on Procurement and Supply Management of Navana CNG Limited, it engages in several CNG-related activities, such as cylinder retesting, CNG conversion workshops, importation of CNG kits and cylinders, and CNG refuelling stations across Bangladesh. The supply chain of Navana CNG Limited is set up to guarantee the effective sourcing, warehousing, and distribution of goods and services associated with compressed natural gas. To continue leading the industry, the company purchases premium CNG kits, cylinders, and related equipment from reliable foreign vendors. The company ensures conformity with international standards by importing CNG kits, cylinders, and other equipment from global suppliers. To ensure prompt availability and distribution of imported commodities, Navana CNG has warehouses at strategic locations. Customers can utilize the company's extensive distribution network, which spans Bangladesh and consists of CNG refuelling stations and conversion workshops. Navana CNG uses strict quality control procedures to guarantee the dependability and safety of its goods and services. Navana CNG keeps buffer supplies and diversifies its supplier base to reduce the risk of supply chain disruptions. To minimize operating costs, the organization prioritizes economical sourcing and good inventory management. In addition to using environmentally friendly products and lowering carbon emissions through effective logistics, Navana CNG is dedicated to sustainable practices. Because of its supply chain management, Navana CNG has been able to stay ahead of the competition and maintain excellent customer satisfaction and operational efficiency.