Analyzing the Scenario of Warehousing Cost Reduction in a Textile Factory after Implementation of Effective Supply Chain Management (SCM) Department: A Case Study of "Asrotex Group"

Authors

  • Sanjida Sultana Primeasia University, 12 kemal Ataturk Ave, Dhaka-1213, Bangladesh
  • Fahmida Faiza Fahmi Primeasia University, 12 kemal Ataturk Ave, Dhaka-1213, Bangladesh
  • Tanzima Zoha Chowdhury Primeasia University, 12 kemal Ataturk Ave, Dhaka-1213, Bangladesh
  • Afsana Ferdous Primeasia University, 12 kemal Ataturk Ave, Dhaka-1213, Bangladesh

Keywords:

supply chain management, inventory, warehouse, wastage reduction

Abstract

Implementation of the supply chain management (SCM) department has a significant assertive impact on the planning sector of an organization. Sourcing and purchasing an adequate amount of raw material for processing is an essential and considerable factor in the manufacturing industry. Effective demand forecasting can reduce the excess purchase of raw materials. Sourced raw materials are required to stock in inventory for further processing. An excess inventory needs additional space for warehousing, which expends additional costs. A bulk amount of sourcing without proper forecasting can lead the materials towards long-time ageing. Excessive ageing can decrease the quality of the raw material and directly impact production performance. Unorganized sourcing can result in a higher amount of raw material waste due to the amount of small unused lots. In this assessment, the data of "Asrotex Group" will be evaluated after the implementation of the SCM department. A comparison of the previous records will be done with the company's current scenario and assess how the scenario changed after the supply chain management (SCM) department's installation.

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Published

2022-06-26

How to Cite

Sanjida Sultana, Fahmida Faiza Fahmi, Tanzima Zoha Chowdhury, & Afsana Ferdous. (2022). Analyzing the Scenario of Warehousing Cost Reduction in a Textile Factory after Implementation of Effective Supply Chain Management (SCM) Department: A Case Study of "Asrotex Group". International Journal of Sciences: Basic and Applied Research (IJSBAR), 62(2), 512–519. Retrieved from https://www.gssrr.org/index.php/JournalOfBasicAndApplied/article/view/14199

Issue

Vol. 62 No. 2 (2022)

Section

Articles

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