Impact of Government Law on Edible Oil
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Int. J Sup. Chain. Mgt Vol. 1, No. 1, June 2012
Impact of Government Law on Edible Oil Supply Chain in Bangladesh Perspective
Reaz Ameen Choudhury#1, Meghla Clara Costa*2 Department of Management, American International University Bangladesh, Dhaka, Bangladesh 1 reaz@aiub.edu *2 Department of Electrical and Electronic Engineering, American International University Bangladesh, Dhaka, Bangladesh 2 clara15@aiub.edu
Abstract-This descriptive study is not intended as a detailed analysis; its aim is to present an overall view of the impact of a government law regarding edible oil marketing and distribution in Bangladesh. Social, economic, environmental and sustainability issues are not covered in this report. All the data of this report is collected from secondary source. This study is going to deliver contribution to the new investors who are going to invest in this industry, existing industries for legal compliance and process improvement. The academics can use this report for analyzing market scenario and Bangladesh government authorities can use it partially for monitoring market and decision making purpose. Keywords- Edible oil, Supply Bangladesh, Strategic, Tactical. Chain, Government Law,
#1
1. Introduction
A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as manufacturer, the supply chain includes all functions involved in receiving and filling a customer request. These functions include, but are not limited to, new product development, marketing, operations, distribution, finance, and customer service [2], [15]. Supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes the crucial components of coordination and
Int. J Sup. Chain. Mgt Vol. 1, No. 1, June 2012
Impact of Government Law on Edible Oil Supply Chain in Bangladesh Perspective
Reaz Ameen Choudhury#1, Meghla Clara Costa*2 Department of Management, American International University Bangladesh, Dhaka, Bangladesh 1 reaz@aiub.edu *2 Department of Electrical and Electronic Engineering, American International University Bangladesh, Dhaka, Bangladesh 2 clara15@aiub.edu
Abstract-This descriptive study is not intended as a detailed analysis; its aim is to present an overall view of the impact of a government law regarding edible oil marketing and distribution in Bangladesh. Social, economic, environmental and sustainability issues are not covered in this report. All the data of this report is collected from secondary source. This study is going to deliver contribution to the new investors who are going to invest in this industry, existing industries for legal compliance and process improvement. The academics can use this report for analyzing market scenario and Bangladesh government authorities can use it partially for monitoring market and decision making purpose. Keywords- Edible oil, Supply Bangladesh, Strategic, Tactical. Chain, Government Law,
#1
1. Introduction
A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as manufacturer, the supply chain includes all functions involved in receiving and filling a customer request. These functions include, but are not limited to, new product development, marketing, operations, distribution, finance, and customer service [2], [15]. Supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes the crucial components of coordination and
References: [1] www.fas.usda.gov/psdonline World’s vegetable oil production, 1975 – 2007 [2] Chopra, Sunil and Peter Meindl, Supply Chain Management. 2nd edition, Pearson Prentice Hall, 2004. [3] Council of Supply Chain Management Professionals (CSCMP) [4] www.soygrowers.com, World Vegetable Oil Consumption 2010, The American Soybean Association 38 Int. J Sup. Chain. Mgt Vol. 1, No. 1, June 2012 [5]www.americanpalmoil.com/.../Fortune%20Vol%202%20 2011.pdf, Imports and Production of Oils and Fats in Bangladesh, By Oil World Statistics May 2011and MPOC market intelligence. [6] http://mpoc.org.bd/palm_info.php, Bangladesh Market Scenario by MPOC [7] www.beol-bd.com [8] www.nurjahangroup.com [9] Chittagong Customs and Excise import data 2011-March by BEOL market intelligence. [10] www.mincom.gov.bd/acts.php, Essential Commodities Marketing & Appointment of Distributorship Order, 2011 (Bengali) [11]www.reliefweb.int/sites/reliefweb.int/files/resources/PD F_120.pdf, Food Price Escalation in South Asia- A Serious and Growing Concern by Bruno Carrasco and Hiranya Mukhopadhyay [12] www.fas.usda.gov/psdonline, Pakistan and Bangladesh have average growth rates of 8.3% and 7.4% per year in the period. [13]www.bioenergytrade.org/downloads/vegetableoilstudyfi naljune18.pdf [14] www.oleaginosas.org/ [15] Habib, Dr. Md. Mamun, “Supply Chain Management: Theory and its Future Perspectives”, International Journal of Business, Management and Social Sciences (IJBMSS), Vol. 1, No. 1, 2010