Analysis on Inventory Management & Economic Order Quantity of Linde Bangladesh Limited

Abstract

Linde, a multinational company, Linde Bangladesh Limited is a member of the Linde Group that has been present in Bangladesh for over 50 years with continuous expansion in operations and business. As a pioneer multinational company in the gases business, Linde Bangladesh has 3 major locations / installations at Tejgaon, Rupganj and Shitalpur. Besides, it has 18 sales centers spread throughout the country serving a customer base of over 35,000. The company is currently capable of producing 80 tons of liquid ASU gases per day and 23,100 MT of Welding Electrodes per year. Its product folio and services include liquid and gaseous Oxygen and Nitrogen, Argon, Acetylene, Carbon Dioxide, Dry Ice, Refrigerant Gases, Lamp gas and other gas mixtures, Medical Oxygen, Nitrous Oxide, Entonox, medical equipment and accessories, Welding Electrodes, gas and arc welding equipment and accessories, welding training and services I have apportioned this report into five major chapters. Firstly, in the first chapter, I discussed about the background, scope and origin of the report. The second chapter describes about the history, product offerings, vision and other key factors related to the company in general. The next chapter gives an Economic Order Quantity and Inventory Management. Later on, in the fourth chapter there is a brief description of the inventory management practices and application of EOQ Model. And in the final chapter I have written about the findings and conclusion of the company. Lastly, I have also added some recommendations based on my observations during my internship period at Linde Bangladesh Limited in the last chapter.