Supply Chain Management

Supply Chain Management-Remake Ltd

Supply Chain Management | Remake Ltd. is a dynamic organization that has established a unique position in the local and international markets by supplying a diverse range of products and services. Our Supply Chain Management (SCM) strategy is designed to ensure efficiency, innovation, and sustainability. This comprehensive process includes every step, from sourcing raw materials to delivering the final product to customers.

Definition of Supply Chain Management

Supply Chain Management is an integrated process encompassing the sourcing of raw materials, production, warehousing, distribution, and customer service. When managed effectively, it ensures timely and cost-efficient delivery of goods while maintaining quality and sustainability.

Supply Chain Model of Remake Ltd.

1. Core Components of the Supply Chain

1. Sourcing:
   Remake Ltd. procures raw materials from both local and international sources.
   • Local Sources:
     Products and services from suppliers across Bangladesh.
   • International Sources:
     Specialized materials from China, India, Germany, and Malaysia.
   • Partnered Organizations:
     Long-term relationships with globally recognized suppliers.
2. Production:
   • Processing raw materials in local factories.
   • Collaborating with international partners to utilize advanced technologies.
   • Adopting environmentally friendly and sustainable production practices.
3. Storage:
   • Warehousing: Ensuring product quality with advanced storage management.
   • Logistical Support: Strategically located warehouses and distribution centers.
4. Distribution:
   • Robust networks for supplying goods to local and international markets.
   • Logistics Partners:
     • Local: Safe Transit Ltd.
     • International: Rapid Freight Services (UAE).
5. Return Management:
   • Prompt resolution of customer complaints or faulty product returns.

2. Supply Chain Process

Step 1: Planning

• Demand Forecasting:
  Predicting future requirements through data analysis and market research.
• Strategic Planning:
  Developing strategies to streamline supply and distribution activities.

Step 2: Sourcing and Procurement

• Choosing the Best Suppliers:
  Working with suppliers who ensure cost-effectiveness, quality, and timely delivery.
• Contracts and Negotiations:
  Establishing partnerships to secure stable and affordable supply chains.

Step 3: Production and Warehousing

• Producing quality products at local and international manufacturing units.
• Employing advanced storage management for secure inventory handling.

Step 4: Logistics and Delivery

• Distribution Network:
  Active networks for delivering goods to domestic and global markets.
• Delivery Tracking:
  Real-time monitoring of each delivery phase.

Step 5: Customer Service

• Post-sales support and complaint management.
• Quick resolution of issues to ensure customer satisfaction.

Key Features of Remake Ltd.’s SCM

1. Sustainable Supply Chain

• Environmentally friendly production and supply methods.
• Eco-conscious logistics to reduce carbon emissions.

2. Innovative Technology

• Optimization of supply chains using IoT devices and AI-based systems.
• WAZIUP IoT Devices: Smart delivery and tracking systems.

3. Efficient Data Management

• Utilizing real-time data analytics for faster decision-making.
• Maintaining a balance between supply and demand.

4. Global and Local Collaboration

• Partnerships with international suppliers.
• Contribution to local community development.

Challenges and Solutions in Supply Chain Management

1. Challenges

1. Communication Gaps:
   Delayed communication with international suppliers.
2. Transportation Complexity:
   Rising costs in local and global transport.
3. Storage Limitations:
   Lack of advanced storage technologies.
4. Supply Chain Disruptions:
   Natural disasters or political instability affecting operations.

2. Solutions

1. Technology Integration:
   Using IoT and cloud-based systems for seamless information flow.
2. Alternative Sourcing:
   Establishing multiple supplier channels.
3. Enhanced Storage:
   Developing modern warehouses with automation technologies.
4. Risk Management:
   Conducting risk analysis and proactive planning.

Examples of SCM in Action

1. Local Supply Management:

Project: A housing project in Bangladesh.

• Sourcing: Local construction materials.
• Distribution: Delivery through Safe Transit Ltd.

2. International Supply Management:

Project: A green construction initiative in India.

• Sourcing: Sustainable building materials from EcoBuild Industries.
• Transportation: Logistics handled by Rapid Freight Services.

Conclusion

Remake Ltd.’s Supply Chain Management is a robust framework built on innovation, strategic partnerships, and sustainable practices. Through efficient collaboration at both local and international levels, we are advancing toward our goals of timely delivery, cost optimization, and superior quality. Every stage of our supply chain process is meticulously managed, contributing to the reliability and competitiveness of Remake Ltd.