An evaluation of supply chain activities of Micro Fibre group

Abstract

The requirements for every student of Master’s program are that we must go through the practical orientation program. It is the procedure through which a student gets the real life working experience and also gets the scope to implement his knowledge. Theoretical knowledge gets a complete shape only when it is applied in a practical field. To breeze up the gap between theory and practice, the Brac Institute of Governance and Development, Brac University has introduced the internship program for Masters Course to bring the students closer to the practical work. This is undoubtedly a valuable appreciable addition to the institutional education. This report is based on my working experience in Supply Chain Activities of Micro Fibre Group. A supply chain is more than a simplistic set of links along a linear path from raw material extraction to end consumer useand asupply chain is a very complex network through which materials, information, and money flow between key participants. Highly integrated supply chains dynamically draw upon the capabilities and resources of multiple organizations to ensure the timely and efficient fulfillment of customer requirements. Integration and synchronization of a supply chain do not occur by happenstance. An organization must make supply chain management a strategic priority, assemble the right talent, build key relationships, and invest in essential technological capabilities. These efforts support the development and coordination of interdependent processes in planning, procurement, conversion, and logistics. All are needed to achieve supply chain excellence. Ultimately, these capabilities translate to greater customer utility, performance versus goals, and shareholder value. These trifold benefits fuel the growing interest in supply chain management among CEOs and corporate boards. Since the real life business situation is always very complex and competitive, every business has to face the intense competition and those who can successfully operate within this critical situation can become the blue cheap. To stay and increase the pace in the business track, the effective supply chain activities are very important. 9 For preparing the internship report at first, I had to select my objectives. The broad objective of this study is to have an overall idea of supply chain activities of MFG & to evaluate these supply chain activities. To fulfill my report broad objective then I fixed my specific objectives. After then I justified this report to know that, who will be benefited with the research. I had faced some scope & limitations to do the research. I also mentioned that. After that I followed some methodology to do the research. Those are as sampling frame, sampling technique was non-probability sampling under convenience sampling or primary and secondary data collection, preparing a budget and fix a time schedule. Next, I set a questionnaire to the respondent. From their response I get some findings and also know the expectations of the supply chain members. Finally I can conclude that Micro Fibre Group has a great potential growth in the country as a leading national brand with a national image. The satisfaction level consumer’s & Vendors to MFG is very positive and their satisfaction level is very high.