MGT 314 : Operation Management

Course Name: Operations Management and Supply Chain
Course Code: MGT314
Semester: Fall 2021
Section:
Group:
Prepared for
Department of Management
School of Business and Economic

Acknowledgment
This report is the outcome of one month of intense hard work encompassing all members' time
and effort. We'd want to take this opportunity to thank everyone who made it possible for us to
finish the report.
First and foremost, we would like to express our gratitude to Md. Mofassel Hossain, Lecturer,
Department of Management, North South University, for providing us with the chance to work
on this project. Throughout the semester, he provided us with relevant examples and expertise,
which really aided us in our work on this project. We couldn't have gotten better advice.
We'd also want to thank and recognize all of our group members who have been with us since
the beginning of the project. We have all contributed our time and effort to completing this
report as quickly as possible. It was a pleasure to collaborate with such intelligent and skilled
individuals. Without their assistance, it would not have been feasible to finish the whole report.

Executive Summary
This report includes the company's Mission, Vision, Objectives, and Competitive Analysis.
Aside from that, the report includes detailed information on Crown Butter's many managerial
and operational sectors. It goes through the company's goods as well as line balancing for those
items. Butter is the company's principal product for the time being. However, as the firm
expands, new product lines will be added. It also discusses their strategic capacity planning,
which includes their equipment and land requirements. This report details the company's
operational flaws, inefficiencies in manufacturing things, employee care, facilities supplied to
workers, and working hours. Furthermore, whatever layout we're utilizing, if it's efficient enough
for the firm, and so on. The report also discusses quality management and inventory management
systems. There is also a thorough review of the company's layout. This report also offers
information about the inventory. Some inventory management tactics have been employed to
manage those stocks in order to lower the company's holding costs. This report also addresses
the company's environmental management. The corporation will not employ any technology or
inventory that would harm the environment; rather, it will be a long-term economic strategy.
This report also discusses the company's whole supply chain management process, as well as its
customers and suppliers. Along with recognition and references, this report acknowledges some
of the company's history and introduces the study's limits and methods.

Overview of the Business
Business Profile
Our business name is Crown Butter. As the name suggests, we’ll sell butter in the Bangladeshi
market. we have unique method of packaging brand and permanent level to promote our product
to meet standard. Our butter sold in the convenience stores, restaurants, and groceries. We’ll use
apt healthy preservatives to ensure the butter can be stored for a considerable amount of time
with or without refrigerator. We’ll start with the fresh butter, and if successful, we’ll plan to
extend our business to other variety of butter in future.
Vision
The company's vision is to be one of the market leaders in Bangladesh in the dairy sector. We'll
be committed to safely creating the greatest quality butters for consumers, delivering it to them
in the best possible condition, and providing them with exceptional service, ensuring that we
contribute as much as we can to the nation and its people.
Mission
To deliver the highest quality products and outstanding customer service in order to win your
confidence and establish a long-term business relationship.
Strategies
We'll concentrate on one major line of business, butter, and gradually expand the number of
products. We also intend to become our own suppliers, with the goal of gaining control over our
raw resources. We'll start by arranging for Milk from Northern part of Bangladesh to be
delivered at a wholesale price. To reduce pricing and production costs, we plan to collect cows
which produce the high quality fresh milk. To extract the highest market benefits, we'll strive to
achieve the lowest total overall costs in comparison to our industry competitors.
Objective and scope of the work
Objective
The objective of this report is to implement what we have learned throughout the course.
Through this report we have developed a product and built strategies surrounding this product.
To implement these strategies, we need to examine the market and analyze the competitiveness
of the product. After that we did our capacity planning and to do that, we did demand
forecasting. We also planned to implement the 3R’s and strategized the process selection and
quality management and inspection along this.