An Analysis of Procurement & Supplier Management Practices in the Supply Chain of Fortis Group

Abstract

This internship report is an analysis of the procurement and supplier management activities of Fortis Group as per my practical experience as an Intern (MTO - Supply Chain Management). Fortis Group is one of the major apparel production companies in Bangladesh with diversified production units that deal with knitwear, woven garments, outerwear, and footwear. Effective sourcing and supplier integration are very important in the continuity of production and competitiveness in the ready-made garments (RMG) business in the global market. This report primarily aims to analyze the procurement system of Fortis Group and to know how supplier selection, price comparison, and supply chain coordination can help in efficient production management. The report is also meant to relate the theoretical learning in supply chain management courses with the real-life industry experiences that were realized during the internship period. The huge scale order of sublimation print jerseys with about two million items was one of the biggest practical experiences at the internship. The production capacity, as well as the rigid deadlines imposed to meet the orders, necessitated the involvement of various suppliers to control this order. The Supply Chain Management department was at the center stage in terms of supplier evaluation, cost negotiation, procurement documentation, and supplier performance monitoring to deliver materials on time. In general, the internship experience was a good practical experience of the supply chain business operations and served to close the gap between academic and professional practices of the industry.