Internship report on supply chain process and inventory optimization at Biztrade BD Venture Ltd
Abstract
The activities BizTrade BD Venture Ltd, a cutting-edge B2B digital trade and advisory platform connecting Bangladeshi SMEs to world purchasers, in Supply Chain Management (SCM) are reviewed here. This study aims to assess BizTrade's supply chain operations particularly those about inventory management, product sourcing, logistics coordination, and vendor contact and identify strengths, shortcomings, and areas for more efficiency improvement.
I was active at different phases of BizTrade's SCM process over the three-month internship. Monitoring of customer orders, procurement of the necessary supplies, quality checks on goods, maintenance of inventory records, inventory level updates, and internal coordination were the focus of my day-to-day activities. In order to guarantee flawless product flow. Additionally, handled delivery problems, timely solutions management and client or delivery personnel feedback collection to help to improve the system.
This report starts with a review of BizTrade's procurement operations and supplier coordination, which include direct purchases from domestic or international suppliers. Through product tracking systems, inventory documentation, and internal communication tools improving departmental transparency, the business is known for its online solutions for supply chain management.
One of the key subjects examined is inventory management, which calls for timely restocking, exact stock levels, and real-time data. The study examines BizTrade's methods in lead-time management, stock turnover, warehouse use, and supplier coordination for preserving consistent product availability for consumers.
The report further describes my learning experience acquired through hands-on work in stock listing, product inspection, sourcing, and issue resolution. Using several groups, I helped to fix issues including late alerts, communication gaps between providers, and delivery mistakes. Through the internship, I saw real SCM problems including supplier screening, real-time inventory monitoring, and cost of operations against consumer satisfaction.
In essence, this report suggests BizTrade invest more in digital inventory systems, automated dashboards, and vendor performance metrics to boost operational effectiveness. Increased supply chain visibility and interdepartmental integration will reduce operational inefficiencies and improve cost control so solidifying BizTrade's position as a techenabled leader in the B2B trade environment.
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