A study of import process of Nestlé Bangladesh
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2014.
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BRAC University
2014
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| Online adgang: | http://hdl.handle.net/10361/3694 |
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10361-36942019-09-30T03:41:46Z A study of import process of Nestlé Bangladesh Tasneem, Jareen Shahbazi, Syeda Shaharbanu BRAC Business School, BRAC University Business administration This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2014. Cataloged from PDF version of Internship report. Nestlé is World‟s largest health, nutrition and wellness company founded by the Henri Nestlé. Nestlé Bangladesh Limited started its commercial operation in 1994. Nestlé Bangladesh established its factory in Sreepur 55 km north of Dhaka. The factory produces the instant noodles and cereals and repacks milks, soups, beverages and infant nutrition products. This company is continuously growing through the policy of constant innovation, concentrating on its core competencies and its commitment to high quality food to the people of Bangladesh. To ensure high quality product Nestlé Bangladesh import most of their raw materials , the also use local raw materials as well but compare to imported raw materials it is low. The whole import procedure of raw material is done by Supply chain and Treasury Department. Supply chain place their requirement of raw material to respective suppliers through purchase order. Once the order is confirmed they request treasury department to open up a Letter of Credit or CAD (Cash against Documents), L/C is the most popular international trade payment method in Bangladesh as well as in Nestlé Bangladesh, which covers the issues like potential risk that the parties in international trade namely the importers and exporters wish to face or share between them. There are different parties involved in opening a Letter of credit and it also requires authorized papers to submit to their Authorized LC opening bank and they will facilitate NBL and give guarantee to the respective suppliers about the payment procedure. Once NBL opened the LC supplier get to know through their bank and they shipped the goods to the destined location. In this paper the whole procedure of LC opening to retirement is briefly explained Jareen Tasneem B. Business Administration 2014-09-20T09:46:15Z 2014-09-20T09:46:15Z 2014 2014-09-20 Internship report ID 09204140 http://hdl.handle.net/10361/3694 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 35 pages application/pdf BRAC University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Business administration |
| spellingShingle |
Business administration Tasneem, Jareen A study of import process of Nestlé Bangladesh |
| description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2014. |
| author2 |
Shahbazi, Syeda Shaharbanu |
| author_facet |
Shahbazi, Syeda Shaharbanu Tasneem, Jareen |
| format |
Internship report |
| author |
Tasneem, Jareen |
| author_sort |
Tasneem, Jareen |
| title |
A study of import process of Nestlé Bangladesh |
| title_short |
A study of import process of Nestlé Bangladesh |
| title_full |
A study of import process of Nestlé Bangladesh |
| title_fullStr |
A study of import process of Nestlé Bangladesh |
| title_full_unstemmed |
A study of import process of Nestlé Bangladesh |
| title_sort |
study of import process of nestlé bangladesh |
| publisher |
BRAC University |
| publishDate |
2014 |
| url |
http://hdl.handle.net/10361/3694 |
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AT tasneemjareen astudyofimportprocessofnestlebangladesh AT tasneemjareen studyofimportprocessofnestlebangladesh |
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