| dc.description.abstract | This thesis investigates the supplier selection criteria in sustainable supply chains within the
medical device manufacturing industry, with a focus on NIPRO JMI Company Ltd. The
study assesses how supplier selection impacts operational efficiency, product quality, and
competitiveness in the medical device sector. As the demand for medical devices continues to
rise, driven by healthcare advancements and increasing global needs, effective supplier
selection has become crucial for maintaining competitiveness and ensuring high-quality
products in this dynamic market.
The study begins by exploring the theoretical framework surrounding supplier selection and
supply chain management. Key concepts from established literature, such as supplier
selection and supplier evaluation, are examined. The research methodology adopts a case
study approach, focusing on medical device companies in Bangladesh. Data collection
involved interviews with industry professionals, as well as an analysis of supplier records and
performance metrics.
Key findings indicate that while many medical device companies have implemented basic
supplier selection practices, significant challenges remain. These challenges include demand
variability, supply chain disruptions, and rising raw material costs, which often result in
inefficiencies such as excess inventory and stock outs. These inefficiencies can negatively
impact customer satisfaction and profitability.
The study identifies several opportunities to optimize the supplier selection process within the
medical device industry. Recommendations include the adoption of advanced forecasting
techniques, the enhancement of supplier relationships, and the integration of technology to
improve visibility and control over high-risk suppliers. Additionally, the research suggests
that a robust supplier management framework tailored to the specific needs of the medical
device sector would significantly enhance supply chain performance.
Ultimately, this thesis provides valuable insights and actionable recommendations for
industry stakeholders, enabling them to navigate the complexities of supplier management
and improve operational efficiency. The findings contribute to a deeper understanding of the
critical role supplier selection plays in sustaining the growth and competitiveness of the
medical device industry in Bangladesh.
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List of Acrony | en_US |
