MGH Group

Last week saw few unprecedented actions being taken around the globe, which has resulted in almost 1/3 rd of the global population under lockdown currently. Amongst other lockdowns, a hugely critical one has been lockdown imposed upon 1.35 Billion people overnight in India at a very the initial stage in the spread of virus compared to other places. A lot of countries over the globe are still contemplating the thought and consequences of lockdown and have declared lockdown as the last resort. Countries like the USA with Donald Trump’s U-Turn overlocking down New York post strong opposition from New York governor labeling it as “Anti-American”. India, on the other hand, announced a nation-wide lockdown within a 4 hour period, with the economy open for essential service. The large scale lockdown has brought about challenges which other nations can learn from. Indian Government has approved for Round-the-clock for 3 months but there has been a major issue with the impleme

With the emergence of globalization since the mid-20th century, supply chain management has become a predominant matter in the world of trade and with time it has only become more complex and critical than ever before. Therefore, in today’s world, working towards having a career in supply chain management not only opens up a world of opportunities for individuals but also makes him/her a strong candidate in the job market. Well, though all this sounds very dreamy, it isn’t just that simple. In order to become a strong leader in the supply chain management department, one must be able to develop innovative solutions for complex issues on a regular basis due to the dynamic nature of this sector. But as we all know, leaders aren’t created in a day and if you ask any eminent leader on their key to success, they will share how they have worked hard to gain the skills needed and persevered through difficult times to reach where they are now. Thus, below we have rounded up some ma

As the Covid-19 outbreak started spreading around the world, many companies asked their employees to work remotely from home in an effort to slow down the pandemic. However, with no intent to slow down, the virus continues to wreak havoc in many countries all over the globe. Although many nations have gone under lockdown, businesses still need to keep running and given the current scenario one of the most effective ways of this is by virtual means. Working remotely through virtual means is a new reality for most. Whilst people are used to having video conference meetings, it is a method mostly used only when absolutely necessary. However, now that everyone is working from home, holding meetings through apps over the internet has become a regular thing. Nevertheless, setbacks like slow connectivity, audio/visual delay are still common. Therefore, it is important that managers work towards helping their team adjust to these issues and at the same time keep their virtual meetings ef

Last 2 months have been drastically tough for people across the globe, with continuous globe widespread of Covid-19 leading to major countries across the globe declaring nation-wide lockdowns. Our MGH Team wants to express our gratitude and extend our prayers for the best for the families of the people involved in this effort. With lockdowns come another major issue which world might be more affected with “ Panic Buying ”. Unsurprisingly, there’s a major logistical challenge that Panic Buying leads to as well. Let’s look into why all the experts are looking to curb down panic buying. With over 3,50,000 infected and above 16,000 deaths, the pandemic has shocked the world and drawn comparisons with World War 2 and Spanish Flu for a possible number of fatalities. Looking at the possible impact which Covid-19 can have, strict actions are being observed by the government across the globe, which in turn has resulted in the loss of work for various daily labor. Each and every g

While people worldwide are practicing social distancing in order to fight the global outbreak- Covid-19, there are still many people working round the clock to help make everyone’s life a little bit easier. These frontline workers are risking their lives every day however, here at MGH, we are putting our full effort to ensure the safety of our employees. All of our MGH’s frontline employees, whether it be at warehouses in Portlink, Dhaka ICD, Air Freight facilities, etc, have been given masks, gloves, sanitizers along with any other form of protective gear deemed necessary by their job. Employees have been given training on what precautions to take in order to stay safe from the coronavirus and also what to do if any symptoms are noticed amongst themselves or anyone they have come in contact with. Apart from this, anyone who enters any of the MGH premises, has to first properly wash/sanitize their hands and have their temperature checked to ensure the safety of our employees

Covid-19, a worldwide pandemic, that has taken the world by storm since the beginning of 2020 with no specific treatment or vaccine yet invented and the alarming rate at which it is spreading, it’s high time we take proper precautions to avoid getting infected and slow down the contagion. As advised by WHO (World Health Organization), the best way to slow down this pandemic is by maintaining social distancing. Given the current nature of our lifestyle, this may seem a very strange way of life, however, the most responsible thing for any person at this point to do is maintain as much distance as possible from the next person. There are many symptoms of Covid-19, such as fever, cough, difficulty breathing and in more severe cases pneumonia and kidney failure. Having said that, in most cases the person doesn’t show any symptoms of the disease from 2-14 days after being infected and often times the symptoms can be mistaken for the common flu or a simple cold. Apart from this, th

As we have embarked on the journey to understand the logistics industry, we began by reflecting upon the history and modern logistics, let's take a sneak peek to see The Logistics Industry’s impact Globally in the modern world. The 21 st century has allowed companies to spread their offerings and supply chain over the world, creating jobs, developing infrastructure and contributing to GDPs have been a few of the positives brought on by the growth of the boosting logistics sector. The below figure, depicts the contribution of the logistics sector of different countries to the national GDPs, as the figure depicts, the global average contribution of the logistics industry is about 13-15% of global GDP. Nation Wise contribution to GDP While sector’s contribution to GDP is astronomically high in few countries, owing to the undeveloped infrastructure and facilities, an industry worth $5,000 billion globally presents unbelievable opportunities for the industry to create ef

Amidst the Covid-19 outbreak, many businesses around the world, both large and small have asked their employees to work from home in order to create social distancing and limit the spread of the virus. In an effort to keep the employees safe and healthy, MGH has also decided to ask their employees to work remotely from home. Apart from this, MGH is taking extensive measures and following all guidelines to ensure disinfection and maintaining a clean and hygienic environment in all of their offices (especially the warehouses) around the world in order to safeguard the employees working on the frontline. They have been provided with masks, gloves and any other necessary gears required by the nature of their work to make sure they stay safe. In this digital era of laptops and smartphones, working remotely from home is much easier and flexible than ever before and therefore, might raise productivity as well. No wonder it is considered a dream job by many people. However, as easy

  Today’s business environment is a VUCA (Volatile, Uncertain, Complex and Ambiguous) world and since the 1990s, the business outlook has changed. Due to globalization, the competition has demanded the customers should get the right materials, at the right time, at the right point and in the right conditions at the lowest cost. In our previous blog ( http://mghgroupglobal.blogspot.com/2020/03/history-of-logistics.html ), we tried to list down major events from History, which were most instrumental in shaping modern logistics. Let’s uncover how logistics has progressed globally post the 1990s in this blog post. The rising customer expectations towards the 1990s brought about a wave of outsourcing of logistics and led to the companies majorly focusing on their core competencies and products majorly, thereby resulting in a rise of many 3PL freight forwarders. With logistics being done at an unprecedented speed and the world becoming a much smaller place, the last 3 decades have

Logistics as we know today, is amongst the more progressing and integral part of business. While the industry is amongst the fastest growing industry contributing a massive 13% to global GDP, our team at MGH Logistics dives deep into understanding and decoding if the industry has always been an important influencing factor of shaping the modern world and what were the major events in history leading to the logistics industry's current state.  The history of logistics to be put correctly is almost as old as the times when Humans realized that mobility was a great advantage for survival. Post which, as you might guess logistics got developed further by the empires and later on various major global events all over the globe.  The logistics as we know today, has evolved a lot over the centuries, been shaped by the needs and necessities of humans.  Roman Empire  The earliest use logistics in history in an organized form, dates back to the histories of 3 major civilization

The International Women’s Day- a day dedicated solely to celebrate the achievements of women, raise awareness about equality and women empowerment. This year, the theme for the celebration is “Each for Equal” which draws attention to the need for equality between genders as an ‘equal world is an enabled world’. The message behind the theme portrays that gender inequality is no longer just a women’s issue but rather a global issue as when women are empowered, communities as well as economies, thrive. Having said that, in order to bring about a change and achieve gender equality, first, we must acknowledge and celebrate the achievements of women and at the same time raise awareness by calling out gender stereotypes and biases. While a lot of progress has been made all over the world in the last decade, Bangladesh specially has done a remarkable job in championing women empowerment. On account of this, a substantial change can be seen in all sectors of the society where women a

Shipping cargo from one place to another can be a very big task and usually involves millions of dollars. Therefore, in order to have a smooth operation, it is very important to have a proper plan in place to avoid any unnecessary hassles. Perhaps the most important part of the plan is to choose the right logistics partner as they will not only transport the cargo from one place to another but make sure it is done within time and with utmost care. When choosing a logistics partner, it is important to seek out a company that has sufficient experience in handling large amounts of cargo. Since handling such assignments require a lot of calculation and different transportation partners specialized for different types of cargo, and only large companies with financial stability and experience can smoothly run such operations on a daily basis. Another factor to consider is incoterms, which contain the commercial agreement that specifies who is in charge of the care and custody of

Nusrat Amin Khan Head of Customer Care Service Nusrat Amin Khan started off as a Management Trainee in MGH back in 2014 right after completing her MBA, concentrating on Finance. And since then she has worked in several departments of MGH solving different types of issues arising in each of them. In her journey of 6 years, Nusrat believes, MGH has not only taught her skills needed to succeed in her professional life but has also allowed her to understand herself better, know her strengths and use them accordingly. Nusrat has been a part of various projects such as preparing training modules for a few industries of MGH, preparing business proposals for various shipping lines for different countries, structuring the CRM and documentation process of freight forwarding, conducting leadership training, trade lane and network development amongst many others. ‘MGH has always treated all its employees equally irrespective of their gender and delegated responsibilities acco

MGH Group participated in the 27th Us Trade Show, 2020 which lasted for three days starting from the 27th of February, 2020 till the 29th. The conglomerate showcased three stalls of US multinational corporations – FedEx, Travelport and P&G. MGH Group represents FedEx, a multinational delivery service company, through BANEX and Travelport, a global distribution system multinational, through Galileo.  The Group also looks after the distribution of P&G in Bangladesh, a multinational consumer goods conglomerate. Notable brands under P&G at the stall were – Pantene, OLAY, Oral B, Gillette, Pampers, Whisper, and Guard Razor. “BANEX tries to explore new opportunities and US Trade Show has always been a great support. We are looking forward to participating in the coming years as well”, said Zakir Hossain, Head of BANEX. With trade and investment ties between the USA and Bangladesh ever-rising the timing of the event could not have come at a better time, s

Marwa Samir Ahmed, Head of Sales, MGH Egypt “Sitting back and waiting for someone to notice your work will get you nowhere in this cut-throat corporate world. To succeed, one must always be on the lookout for new opportunities and be willing to face challenges head-on,” said Marwa Samir, Head of Sales, MGH Egypt. Soon after her Master’s in Business Administration, Marwa started to work in MGH as a Junior Accountant, when MGH’s operation was just starting in Egypt. “Having the opportunity to work in an organization from day 1, while building everything from scratch and then watching the results unfold for the last 8 years, is what gives me the motivation to continue working hard every day.” Marwa believes in a world where women aren’t valued the same way as men, it is very important for women to speak up. One must be always clear on their purpose and pursue it adamantly in order to be successful. However, this is one sector where MGH has never discriminated against any