With a vision of being in the row of developed nations, Bangladesh is progressing with enormous and sustainable economic growth. As one of the emerging nations of Asia, the need for steel products have increased due to huge infrastructure development. Eventually, the country has adopted few of the very good steelmaking technologies.
Bangladesh Steel Re-Rolling Mills (BSRM) with 65 years of experience in steelmaking is leading the industry beside few other major players like AKS, RSRM, KSRM, GPH Ispat etc. The company has contributed in major infrastructures of the country like Bridges, Flyovers etc. Following core vision and values, BSRM has grown drastically and continued its progression for increasing its capacity due to the increasing consumption. The company follows high eminence of organizational culture, is active in CSR and sustainable growth.
Empirical study shows that Supply Chain Management can increase the efficiency and responsiveness of an organization. With a core concern of smooth operation and management, BSRM supply chain dynamically works to ensure on time delivery of needed items effectively and efficiently. The local and foreign raw material purchase is crucial which is handled by the top management. Consumables, machineries & spares etc. need quality assurance and cost consideration. The import section is responsible for proper documentation and formalities with regulatory bodies to import the goods from overseas. The export section trades the finished steel products and by products outside the country. Unbroken operations are run by the inbound logistics team to deliver the product from port to the plants, while outbound logistics is responsible to deliver the product to the customers.
Within the frame of work, purchase of raw materials is challenged by price fluctuation, while it is important to ensure on time delivery, quality, and optimum cost in case of other items. Import section is challenged by the documentation, duty and HS code related problem. On the other hand, logistics has to bear the headache of high demurrage and loss. Despite the adverse situation due to macro infrastructural and bureaucratic issue, BSRM SCM is highly potential to reach a height that becomes a benchmark in the whole industry.