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Research Paper | Management | Volume 5 Issue 4, April 2016 | Pages: 1242 - 1248 | Bangladesh
Supply Chain Management for Sustainable RMG Growth in Bangladesh
Abstract: The aim of this paper is to identify the impact of Supply Chain Management (SCM) for sustainable growth in Readymade Garments (RMG) sector of Bangladesh. The export-oriented RMG sector has some distinctive features, which differentiate it from other businesses. Wage, supply chain, timeframe, and compliances are among the most important features of this business. Whatever the wage level or lead time is without proper supply chain management no business is viable. RMG manufacturing is one of the suitable examples of the supply chain management. Data for this study is mainly collected from secondary sources. The study revels that the decision makers and planners of RMG should align their supply chain strategies, work together with all the supply chain partners, share infomration among the stages of supply chain, have a standard SCM procedure, comply the code of conduct, adapt changing technologies, minimize corruption and bureaucratic tangles in customs, cut lead time etc to sustain its growth. The most important limitation of this paper was to use data from secondary sources that might limit the generalizability of the results.
Keywords: Supply Chain Management, Ready-Made Garment, Competitive Advantage, SCM Procedure, Export Oriented
How to Cite?: Md. Uzzal Hossain, Ishita Roy, "Supply Chain Management for Sustainable RMG Growth in Bangladesh", Volume 5 Issue 4, April 2016, International Journal of Science and Research (IJSR), Pages: 1242-1248, https://www.ijsr.net/getabstract.php?paperid=NOV162740, DOI: https://dx.doi.org/10.21275/NOV162740