Internship Report On Procurement Practices of Bengal Group of Industry Limited

Abstract

This internship report summarizes author’s experience and first-hand knowledge gained regarding supply chain and procurement processes during the internship period. The internship and this report is part of part fulfillment of Bachelors of Business Administration (BBA) Degree at United International University (UIU). The internship was undertaken at Bengal Group of Industries (BGI), one of the leading conglomerate in Bangladesh, operating across multiple sectors. Its diverse portfolio includes businesses in Plastics, Melamine, Adhesives, Cement, LPG, Media & Entertainment, Power & Energy, Hospitality, Food and Beverage, as well as financial services. This report is segmented into 4 major parts namely: business profile of BGI, industry analysis, procurement practices at BGI and the author’s personal experience. The purpose of this study is to examine various aspects of supply chain management (SCM) within the Bengal Group of Industries from the viewpoints of vendors and suppliers. It also seeks to identify areas that require improvement to ensure continued goodwill between the parties and to offer suggestions for supply chain optimization. In addition, to evaluate their methods and possible areas for improvement, as well as to identify the factors that affect the degree of collaboration between Bengal Group of Industries and its vendors and suppliers. The main objective is to aid in the development of strategies that can increase the Bengal Group of Industries' supply chain management methods' effectiveness. The major findings include that BGI has a strong distribution network as a result of supply and distribution channels built over the years which gives the group an advantage in reaching different consumer segments for its products in Bangladesh. In addition, the group focuses on local and international sourcing to mitigate risks. Furthermore, procurement is undertaken centrally and considered a key area of competitiveness. However, the group faces external risks such as inflation, currency devaluation, and political instability in Bangladesh.