Lead Time Management in Garment Sector - 6952 Words

European Journal of Scientific Research ISSN 1450-216X Vol.33 No.4 (2009), pp.617-629  © EuroJournals Publishing, Inc. 2009 http://www.eurojournals.com/ejsr.htm Lead Time Management in the Garment Sector of Bangladesh: An Avenues for Survival and Growth Nuruzzaman Department of Marketing, University of Rajshahi, Bangladesh Ahasanul Haque Department of business Administration, International Islamic University Malaysia, Box No. 10, 50728 Kuala Lumpur, Malaysia Abstract Bangladesh has emerged as an important supplier of quality readymade garments in the global market. The spectacular growth of garment sector in Bangladesh in recent years has dramatically changed the landscape of export composition of the country. Once heavily dependent on†¦show more content†¦We have to give all out support to this sector and have to build up the backward linkage industry to reduce the dependence on imported raw materials and to minimize lead-time. Therefore, we need to find out some alternative supply mechanism to minimize lead-time. Here in this study steps also will be taken to focus on the lead-time management by presenting some successful and unsuccessful operations in the lead-time management process. The purpose of the present study is about analysing the existing situation specially the lead-time management in the RMG sector of Bangladesh. Theoretical Concepts RMG Business Structure Readymade garment is a labour intensive industry and relatively simple technology compared to other high-tech industries. The RMG manufacturing units are like tailor’s shop; getting order from the foreign buyers and then import raw materials specially fabrics from the foreign suppliers or sometimes buy from the local market as per order, then manufacture garments and supply those to the buyers (Munir, Q. and Salim, R. 2000). Figure 1: Business Structure of Bangladeshi RMG Industries Foreign buyers Supply of finished goods Local raw materials suppliers Collect raw materials Garments company (ManuShow MoreRelatedRmg Sector in Bangladesh2596 Words   |  11 Pagesthe principals of management courses in the BBA department. * We are doing this report so that we can analysis the readymade garment (RMG) sector of Bangladesh and find out the problems and remedies of this sector. Objectives of the study: The main objectives of this report are * To gain knowledge about the industrial unrest in the readymade garments industry of Bangladesh. * To identify the problems of RMG sector of Bangladesh. * To analysis the problems of this sector. * To fine outRead MoreHealth Safety Issues in Garments Industry of Bangladesh11720 Words   |  47 PagesIntroduction Origin of the report Health safety polices are not available in most of the garments manufacturers exporters in Ready made Garments Industry of Bangladesh. As a requirement of Human Resource Management course, this project is prepared on Health Safety issues in present Garments Industry of Bangladesh. Because if Heath Safety policies cannot be established properly, in near future garments sector of Bangladesh will face very tough competition for ensuring it’s competitive survivalRead MoreFast Fashion Achieving Global Quick11082 Words   |  45 Pagesresponse (GQR) – which strives to combine the cost and scale efï ¬ ciencies arising from sourcing globally with quick and accurate response to market requirements. GQR is based on lead time compression, effective information management, dynamic planning, and strong logistics. 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According to us, he did not face any budget problem but he faced performance problem and time problem. After identifyingRead MoreZara: It for Fast Fashion1266 Words   |  6 Pagesnot expect Zara garments to be highly durable. 3) Zara introduces substantially new design collections throughout the year. Other competitors introduce new design collections at the start of the fall/winter and spring/summer buying periods. Zara, on the oth er hand, brings out new items continuously throughout the year. 4) Zara has effectively managed integration of demand chain with supply chain. Zara has vertically integrated manufacturing operations, which ensures short lead times. The productionRead MoreImproving Social Compliance in Bangladeshs Ready-Made Garment Industry9150 Words   |  37 PagesImproving Social compliance in Bangladeshs Ready-made Garment Industry Author FERDOUS AHAMED, Ph.D Faculty of Business, Economics and Law, La Trobe University, Australia Bachelor of Arts and Master of Arts in General History University of Dhaka, Bangladesh Master of Business Administration in Marketing and HRM Northern University, Bangladesh Master of Commercial Law (Studying), La Trobe University, Australia 42 Wilcox Street, Preston, Victoria 3086, Australia E-mail: ferdous72@gmail.com Tel:Read MoreReady Made Garments: a Case Study on Export Performance5936 Words   |  24 PagesTopic Ready made garments: A Case Study on Export performance Course name Theory and practice of International Business (EIB-510) Al Ratul Bin Muzib ID: 80903025 Semester-III EMBA Program Department of International Business University of Dhaka Dr. Khondoker Bazlul Hoque Professor Department of International Business University of Dhaka The 24th April, 2010 Letter of transmittal Date: April 24, 2010 Dr. Khondoker Bazlul Hoque Professor Department of InternationalRead MoreLiterature Review of Training and Development of Marcantile Bank Bangladesh 5 Article14514 Words   |  59 Pages[pic] RECRUITMENT SELECTION OF HUMAN RESOURCES:A STUDY ON URMI GARMENTS LTD. THESIS REPORT ON RECRUITMENT SELECTION OF HUMAN RESOURCES: A STUDY ON URMI GARMENTS LTD. Supervisor Mohammed Jaynal Abedin Assistant Professor Department of Business Administration Stamford University Bangladesh [pic] Read MoreReadymade Garments Industry of Bangladesh Essay5218 Words   |  21 Pagesreadymade garments (RMG) industry of Bangladesh is the fastest growing export oriented industry of the country. Starting in late seventies, the ready made garment industry of Bangladesh now accounts for over 64% of the countrys total export earning. A close look at the composition of RMG export of Bangladesh over the last two decades reveals that the woven garments sub-sector constituted the lions share. In fact, the beginning of the development of RMG sector started with woven garments in 1985