Abstract In a case study, based on US-based companies, first-level management is of about 0-4 years. To understand the supply chain management job and career we can remind ourselves about the example of leaf cutter ants. APICS, founded in 1957 as American Production and Inventory Control Society and re-branded as The Association for Supply Chain Management in 2018, launched their ..read more

In drop-sip model, product is shipped directly from manufacturer end bypassing a retailer. Benefits of aggregation can be achieved, if the manufacturer can keep some of its inventory at the retailer end on and as needed basis. In addition, drop-shipping offers manufacturer an opportunity to postpone customization until the customer has placed order finally. Response times tend to be long, because the order has to be transmitted from retailer to the manufacturer and shipping distance are generally longer from the manufacturer's centralizing site. Order visibility is very important in the contex ..read more

Abstract Supply chain managers are crucial in connecting different parts of a business’s supply chain, ensuring the value of the supply chain increases through effective management of supplier support, transportation, and distribution practices. They manage manufacturing and distribution processes, work with procurement managers, buyers, and vendors, negotiate contracts, use software to track goods, use data analytics to forecast demand, cut ..read more

To ensure load unload of deep draft vessels the Matarbari port is essential for Bangladesh and adjacent countries and areas. The Matarbari deep sea port has a 16m depth that will help 16m draft vessels to unload their cargo at the terminal. At deep sea, currently mother vessels unload the cargo at feeder vessel and they carry the cargo to the Chittagong port. The present seaports (Chattogram sea port and Mongla sea port) of the country do not have the capacity to handle huge containers and vessels and the building of a deep sea port is the only solution. Chittagong port can’t load unload from ..read more

The Red Sea, a major sea route connecting Europe, the Persian Gulf, and East Asia, is facing increased attacks by Houthi insurgents in Yemen since mid-November 2023. The US has announced a maritime coalition to defend shipping in the area. The Eastern shore includes Saudi Arabia and Yemen, while the Western shore includes Egypt, Sudan, Eritrea, and Djibouti. Maersk has halted all transits through the Red Sea/Gulf of Aden until further notice, while Hapag-Lloyd has extended its rerouting around Africa. CMA CGM has announced rate increases from Asia to North Europe, and carriers are redirecting ..read more

Existing amenities not enough to store, deliver large volume of vaccines within a short time, say experts The governments are considering banking on the existing cold chain for storing, transporting and distributing coronavirus vaccines while some professionals say the main challenge will be to manage such a large volume with the existing capacity. On November 5,2020 the Bangladesh government signed a trilateral memorandum of understanding (MoU) with Serum Institute of India and Bangladesh's Beximco Pharmaceuticals Ltd to get three crore doses of Covid-19 vaccines from Serum, keeping in mind t ..read more

A letter of credit(LC) is also named a documentary credit(DC) in globalized international trade. In recent times blockchain technology is utilized by banks regarding the formulation of letters of credit. The ICC regulates market practices (Documentary Credit 600) in this regard. These include the advising bank that will give the documentary credit to the beneficiary or their nominated bank and provide their nominated bank with any amendments to the letter of credit. A certain percentage of the letter of credit value is retained by the bank for security purposes. Blockchain technology is availa ..read more

The U.S.-China trade war and the Covid-19 crisis have prompted manufacturers worldwide to reassess their supply chains, focusing on increasing domestic production, boosting employment in their home countries, reducing dependence on risky sources, and rethinking lean inventories and just-in-time replenishment strategies. The pandemic has exposed vulnerabilities in production strategies and supply chains, leading to increased political and competitive pressures. Modern products often require specialized technological skills, and manufacturers often rely on suppliers and subcontractors who focus ..read more

In the export trade, goods and services are sold and shipped out of the jurisdiction of the country and customs authorities. While export to developed countries, Bangladesh gets some tariff facilities. It is nothing but helping the developing countries in export trade and industrialization, on the other hand, they regulate some products to enter their country at a lower price. Currently, Bangladesh is enjoying tariff-free market access for 90 per cent to 100 per cent products in all the developed countries except the United States. Tariff-free and low-tariff market access facilities in the dev ..read more

Decreasing the amount of packaging a firm is using can reduce waste and increase positive public perception of your organization. Ideally, a supply chain will be conscious of the cost-cutting importance of recycled materials. Taking an audit of packaging can reveal ways to “cut the fat” and make the packaging a lean machine that helps to keep the workflow moving along nicely. Many things happen in the supply chain that is hard to control. Technology in the warehouse, in transportation for inventory, and more is incredibly important but there are other smaller, less expensive steps that some co ..read more