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Seminar on 'Road to Supply Chain Excellence'

Corporates to follow the best practices

FE Desk | July 12, 2018 00:00:00


Bangladesh Supply Chain Management Society (BSCMS), the biggest association of supply chain professionals and leaders in the country recently organised a round table seminar titled 'Road to Supply Chain Excellence' in the city, said a statement.

The main objective of this round table conference was to bring together all the stakeholders towards exploring potential scopes of supply chain management.

The roundtable has provided the participants with greater insights on emerging supply chain management practices implemented in Bangladesh as well as those considered as global best practices.

The panelists included Mr. Mominul Islam, Managing Director and CEO, IPDC Finance Limited; Rizwan Dawood Shams, Deputy Managing Director, IPDC Finance Limited with other high officials; Mr. Naquib Khan, Director of Corporate affairs of Nestle Bangladesh Limited and President of Bangladesh Supply Chain Management Society; Prof. Imran Rahman, Special Advisor to Board of Trustees, University of Liberal Arts Bangladesh.

Ejazur Rahman, CEO-Asia, International Supply Chain Education Alliance (ISCEA) was the moderator of the conference.

"Recognition is crucial at all spheres; hence we believe corporates, academicians and media will act responsibly to acknowledge in order to motivate the best practices from time to time," he said in his keynote speech.

Mominul Islam, Managing Director and CEO of IPDC Finance Limited said: To create a holistic supply chain financing eco-system in Bangladesh, business entities have to play a pivotal role by means of collaboration. A comprehensive digital supply chain financing solution like Orjon will be in place to address the issue.''

Naquib Khan, Director of corporate affairs of Nestle Bangladesh Limited said, "BSCMS will be the hub to collect, recognise and disseminate the best practices in supply chain management across the business entities. We believe such practices will bring deserving cases forward for Bangladesh Supply Chain Excellence Award every year."

Prof. Imran Ahmed said, 'Students of our country need to get the opportunity to learn more detailed knowledge on supply chain management. As companies have a good demand on this field many universities are starting courses on supply chain management.''

The speakers said supply chain management has a great opportunity to use in product or service distribution management. Collaborative approach on this matter can be beneficial for country.

"Many developed countries including our neighbouring country India started to highlight supply chain management. Our Government can take further initiative to include supply chain at national level,'' Business Editor of The Daily Star Sajjadur Rahman commented.


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COMPANY YCP HIGH LOW CLOSE %CHG
ITC 41.1 45.2 40.5 45.2 9.9757%
APEXFOODS 161.7 177.8 163.2 177.8 9.9567%
IBP 33.5 36.8 34.9 36.8 9.8507%
KTL 25.8 28.3 27.2 28.3 9.6899%
VFSTDL 52.2 57.2 53.9 57.1 9.387%
SONALIANSH 468.7 509.7 472.0 509.7 8.7476%
STANDARINS 25.2 27.7 25.3 27.4 8.7302%
REPUBLIC 28.2 30.7 29.0 30.6 8.5106%
ARAMIT 390.6 424.7 391.1 423.6 8.4485%
GEMINISEA 342.4 372.3 343.6 369.7 7.9731%
COMPANY YCP HIGH LOW CLOSE %CHG
MICEMENT 71.5 71.5 65.5 65.5 9.1603%
ARAMIT 424.7 424.7 391.1 391.1 8.5912%
APEXFOODS 177.8 177.8 163.2 164.7 7.9539%
ITC 45.2 45.2 40.5 41.9 7.8759%
SAIHAMTEX 57.9 58.4 53.7 53.7 7.8212%
STANDARINS 27.2 27.7 25.3 25.3 7.5099%
DSHGARME 194.8 194.8 182.0 182.0 7.033%
QUEENSOUTH 46.9 47.9 44.0 44.0 6.5909%
AZIZPIPES 170.3 170.3 157.0 159.9 6.5041%
WATACHEM 563.7 563.7 530.0 530.0 6.3585%
COMPANY YCP HIGH LOW CLOSE %CHG
BBSCABLES 114.0 105.8 100.6 102.6 -10%
IMAMBUTTON 28.3 29.0 25.6 25.7 -9.1873%
SIMTEX 37.8 36.0 33.1 34.4 -8.9947%
BDWELDING 16.8 16.9 15.2 15.3 -8.9286%
ALIF 10.1 9.6 9.1 9.2 -8.9109%
JUTESPINN 131.3 135.0 119.0 120.2 -8.4539%
GPHISPAT 37.9 35.5 34.8 35.0 -7.6517%
AIL 77.4 75.0 71.0 71.8 -7.2351%
HAKKANIPUL 72.1 75.9 66.8 67.5 -6.38%
BEACHHATCH 11.7 11.8 10.7 11.0 -5.9829%
COMPANY YCP HIGH LOW CLOSE %CHG
JUTESPINN 119.4 135.0 119.0 135.0 -11.5556%
IMAMBUTTON 25.7 29.0 25.6 29.0 -11.3793%
MEGCONMILK 23.0 25.7 22.6 25.7 -10.5058%
HAKKANIPUL 67.2 75.9 66.8 75.0 -10.4%
SAVAREFR 101.0 113.5 100.7 112.1 -9.9019%
KOHINOOR 467.0 507.0 459.1 507.0 -7.8895%
BDWELDING 15.7 16.9 15.2 16.9 -7.1006%
BEACHHATCH 10.8 11.8 10.7 11.6 -6.8966%
KAY 171.0 185.4 188.5 QUE 172.8%
SONARGAON 18.2 20.0 18.2 19.5 -6.6667%