Supplier performance management : vendors based in Bangladesh

This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2015.

Dettagli Bibliografici
Autore principale: Anis, Mukit
Altri autori: Hafiz, Nusrat
Natura: Internship report
Lingua:English
Pubblicazione: BRAC University 2015
Soggetti:
Accesso online:http://hdl.handle.net/10361/4236
id 10361-4236
record_format dspace
spelling 10361-42362019-09-30T03:44:44Z Supplier performance management : vendors based in Bangladesh Anis, Mukit Hafiz, Nusrat BRAC Business School, BRAC University Business administration Supplier Performance management Business alignment This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2015. Cataloged from PDF version of Internship report. In the oil and gas industry the amount of work that is outsourced is overwhelming. The success and achievements for any company following that strategy depends heavily on the operational excellence of the third party suppliers and contactors who are catering to the company. Even though it has been a global phenomenon to depend on the suppliers who can keep up with the company policy and maintain the scope of work, Bangladesh being a developing country has a long way to go before the local suppliers can reach that height of excellence. Chevron Bangladesh deals with a number of suppliers from different backgrounds and sizes. It makes more business sense for them to source the materials from the local market. This strategy will reduce cost, lead time and local vendors will be benefited, boosting the local economy and give rise to a new industry within the nation. That being said, the companies like Chevron have a higher and sophisticated standard for safety, operational excellence and reliability. These traits are intangible and take time and awareness to grow. The first step to improve the local suppliers is to locate the GAP. The SPM form developed through this report will be able to give a procurement professional to gather a bird’s eye view of a supplier’s major area of improvement and find the trend to work on. The form has very articulated Key Performance Indicators that way the measurement is to the point and numerical values can be added .After the GAP has been located; it is a matter of strategy to work closely with the supplier and improve the supplier’s scenario as a whole. As a part of the improvement process for suppliers there can be a number of steps that can be taken based on the particular company’s business needs. If the local vendors want to compete in the global market and give birth to new potentials of wealth in the nation, they will have to upgrade technologically, maintain the international standard for safety and professionalism, technological innovation and process engineering. Mukit Anis B. Business Administration 2015-07-13T05:59:53Z 2015-07-13T05:59:53Z 2015 2015-05 Internship report ID 10304061 http://hdl.handle.net/10361/4236 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 34 pages application/pdf BRAC University
institution Brac University
collection Institutional Repository
language English
topic Business administration
Supplier
Performance management
Business alignment
spellingShingle Business administration
Supplier
Performance management
Business alignment
Anis, Mukit
Supplier performance management : vendors based in Bangladesh
description This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2015.
author2 Hafiz, Nusrat
author_facet Hafiz, Nusrat
Anis, Mukit
format Internship report
author Anis, Mukit
author_sort Anis, Mukit
title Supplier performance management : vendors based in Bangladesh
title_short Supplier performance management : vendors based in Bangladesh
title_full Supplier performance management : vendors based in Bangladesh
title_fullStr Supplier performance management : vendors based in Bangladesh
title_full_unstemmed Supplier performance management : vendors based in Bangladesh
title_sort supplier performance management : vendors based in bangladesh
publisher BRAC University
publishDate 2015
url http://hdl.handle.net/10361/4236
work_keys_str_mv AT anismukit supplierperformancemanagementvendorsbasedinbangladesh
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