Application of Modern Supply Chain Management Tools to Power Plants of Bangladesh: A Case Study

Abstract

Power generation sector of a country plays a pivotal role in her overall development and progress. In modern world, as days goes by people are getting depended on technology even more. Bangladesh is the ninth most populous country in the world. In order to turn this overpopulation from a burden to a blessing we need to equip them with necessary technology. To provide technology for this huge amount of people we need a lot of electric power. If we take a look at the most developed countries in the world like USA, CHINA, JAPAN etc. they are also the country which are leading in electricity production. It clearly proves how much impact energy production has on any country’s development. This is where Bangladesh lacks the most. Our country currently ranks 46th in overall electricity production whereas its population ranking is 9th in the whole world. The first idea that comes to our mind in order to increase our country’s overall electricity production is to establish new power plants. But it is a very hazardous, costly, environmentally polluted process. So, it’s clearly not an easy process. There is another thing we can do to increase the electricity production. Electricity production in a power plant is a very complicated and lengthy process integrated with a lot of delicate work to do which keeps a room for improvement in the overall management sector. Modern supply chain tools are currently being used in pretty much every managing sector due to its radical effect. Utilizing it in our power sector can also help in increasing the overall efficiency. It is a relatively new concept in our country. But there are countries around the world using modern supply chain in their power plants and getting positive feedback. Our thesis is a case study about the prospect and goals that can be achieved if modern supply chain tools are applied in power plants of Bangladesh.