The operations management of Energypac Engineering Ltd.

Abstract

Energypac Engineering Ltd. is a major player and the largest private organization in the power sector industry of Bangladesh. Problem is Energypac plays a monopoly role in the domestic power sector market. In the local market there is no competitor at the moment. This seems to be a good sign, but has some bad impact too. Due to having no proper competition, Energypac has not really felt the importance of optimized use of its resources. In this current market, there is no room for comfort. There are competitors growing in the local market, and the market is rapidly opening up to the foreign investors. Throughout the report, the focus is to find potential improvement areas and applymy knowledge and tools for betterment of the procurement process and strategy for Energypac Engineering Limited. Firstly, I tried to figure out the problems through survey, prioritizing the list and finally propose action plan against each.Importance has been given on implementing the Enterprise resource planning (ERP) as that will solve a lot of problems, specially the inefficiency issues at Energypac. Corresponding impact forecasts are also discussed in the report and besides, other major action items are:  Product Classification  Value and Risk Mapping  Value based sourcing  Scenario Planning  Process mobilization