This presentation provides an overview of Bangladesh's ready-made garments sector. It discusses the sector's history and growth since the 1970s. Currently, there are over 5,600 factories employing around 4 million workers, mostly women. The sector accounts for around 80% of Bangladesh's total exports and has helped the country become the second largest apparel exporter in the world. However, the sector also faces challenges such as infrastructure and safety issues, as evidenced by the 2013 Rana Plaza building collapse that killed over 1,000 people. The government has since taken initiatives to improve workplace safety standards and regulations in the industry.
The readymade garments industry acts as the backbone of our economy and as a catalyst for the development of our country. We take pride in the sector that has been fetching billions of dollars as export earnings and creating jobs for millions of people in the country.
The “Made in Bangladesh” tag has also brought glory for Bangladesh, making it a prestigious brand across the globe. Bangladesh, which was once termed by cynics a “bottomless basket” has now become a “basket full of wonders.” The country with its limited resources has been maintaining 6% annual average GDP growth rate and has brought about remarkable social and human development.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
1950 was the beginning of RMG in the Western world. In order to control the level of imported RMG products from developing countries into developed countries, the Multi Fibre Agreement (MFA) was made in 1974. In the early 1980s Bangladesh started receiving investment in the RMG sector,then there was about 50 factories.At present more than 4000 garment factory available in Bangladesh.
The readymade garments industry acts as the backbone of our economy and as a catalyst for the development of our country. We take pride in the sector that has been fetching billions of dollars as export earnings and creating jobs for millions of people in the country.
The “Made in Bangladesh” tag has also brought glory for Bangladesh, making it a prestigious brand across the globe. Bangladesh, which was once termed by cynics a “bottomless basket” has now become a “basket full of wonders.” The country with its limited resources has been maintaining 6% annual average GDP growth rate and has brought about remarkable social and human development.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
1950 was the beginning of RMG in the Western world. In order to control the level of imported RMG products from developing countries into developed countries, the Multi Fibre Agreement (MFA) was made in 1974. In the early 1980s Bangladesh started receiving investment in the RMG sector,then there was about 50 factories.At present more than 4000 garment factory available in Bangladesh.
The industry that has been making crucial contribution to rebuilding the country and its economy is none other than the Ready Made Garments (RMG) industry which is now the single biggest export earner for Bangladesh. The sector accounts for 81% of total export earnings of the country.
Problems and Prospect of RMG Sector in BangladeshTasnim Fahim
Problems and Prospect of RMG Sector in Bangladesh. This presentation Made By Tasnim Alam. He is a studen of National institute of fashion technology(NIFT).He study Apparel Manufacture Technology(AMT).
Problem and prospects of garments industry in bangladeshkhan shamim
Problem and prospects of garments industry in Bangladesh.
Introduction,Data collection,Scope of the Study,Limitations of the study,Finding,Company profile,Millenium Garments Limited,Problems Regarding,Bangladesh Faces the Challenge of Globalization,Recommendation,Conclusion.
Challenges of textile industry and ways to resolveAbir Hasan
Its a detailed analysis of the current challenges of textile industry in Bangladesh and my recommendation for it. Feel free to read and share with others. You may also find your desired presentation topic on my other slides.
Thank you.
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...Md. Adib Ibne Yousuf
Course: Strategic Supply Chain Management
Course Code: SCM 6405
Prepared for
Lt Col Md. Tauhidul Islam (Retd.),
Associate Professor, Faculty of Business Studies
Bangladesh University of Professionals
Prepared by: Md. Adib Ibne Yousuf
MBA in Supply Chain Management
Bangladesh University of Professionals
The industry that has been making crucial contribution to rebuilding the country and its economy is none other than the Ready Made Garments (RMG) industry which is now the single biggest export earner for Bangladesh. The sector accounts for 81% of total export earnings of the country.
Problems and Prospect of RMG Sector in BangladeshTasnim Fahim
Problems and Prospect of RMG Sector in Bangladesh. This presentation Made By Tasnim Alam. He is a studen of National institute of fashion technology(NIFT).He study Apparel Manufacture Technology(AMT).
Problem and prospects of garments industry in bangladeshkhan shamim
Problem and prospects of garments industry in Bangladesh.
Introduction,Data collection,Scope of the Study,Limitations of the study,Finding,Company profile,Millenium Garments Limited,Problems Regarding,Bangladesh Faces the Challenge of Globalization,Recommendation,Conclusion.
Challenges of textile industry and ways to resolveAbir Hasan
Its a detailed analysis of the current challenges of textile industry in Bangladesh and my recommendation for it. Feel free to read and share with others. You may also find your desired presentation topic on my other slides.
Thank you.
Strategic issues in Readymade Garments Supply Chain Management: A Study on Mo...Md. Adib Ibne Yousuf
Course: Strategic Supply Chain Management
Course Code: SCM 6405
Prepared for
Lt Col Md. Tauhidul Islam (Retd.),
Associate Professor, Faculty of Business Studies
Bangladesh University of Professionals
Prepared by: Md. Adib Ibne Yousuf
MBA in Supply Chain Management
Bangladesh University of Professionals
It has been found in this paper that there is some
risk factors or incident are working as hindrance
factors in the growing ready-made garments
industry of Bangladesh. In this study, the main
purpose is to resolve or control the identified risks
in order to increase company’s profitability. All the
parties responsible for operating a factory are
directly related to each other. But all the parties
are not responsible for controlling all risks.
Different parties are responsible for different risks.
So, in order to fulfil the purpose of this research all
the related parties should work altogether. If all
these risks can be controlled by different
techniques and regulation then it will create a
positive view of ready-made garment sector of
Bangladesh to the buyer from foreign countries. All
the strengths and opportunities should utilize to
control the threat and the weakness in order to
make a positive view of Ready-Made Garments
industry of Bangladesh.
This presentation covers the Macro-environment Analysis of the Indian Textile industry. I have performed Strategic group analysis and strategic group mapping for the industry.
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As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
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Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
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Empowering the Data Analytics Ecosystem: A Laser Focus on Value
The data analytics ecosystem thrives when every component functions at its peak, unlocking the true potential of data. Here's a laser focus on key areas for an empowered ecosystem:
1. Democratize Access, Not Data:
Granular Access Controls: Provide users with self-service tools tailored to their specific needs, preventing data overload and misuse.
Data Catalogs: Implement robust data catalogs for easy discovery and understanding of available data sources.
2. Foster Collaboration with Clear Roles:
Data Mesh Architecture: Break down data silos by creating a distributed data ownership model with clear ownership and responsibilities.
Collaborative Workspaces: Utilize interactive platforms where data scientists, analysts, and domain experts can work seamlessly together.
3. Leverage Advanced Analytics Strategically:
AI-powered Automation: Automate repetitive tasks like data cleaning and feature engineering, freeing up data talent for higher-level analysis.
Right-Tool Selection: Strategically choose the most effective advanced analytics techniques (e.g., AI, ML) based on specific business problems.
4. Prioritize Data Quality with Automation:
Automated Data Validation: Implement automated data quality checks to identify and rectify errors at the source, minimizing downstream issues.
Data Lineage Tracking: Track the flow of data throughout the ecosystem, ensuring transparency and facilitating root cause analysis for errors.
5. Cultivate a Data-Driven Mindset:
Metrics-Driven Performance Management: Align KPIs and performance metrics with data-driven insights to ensure actionable decision making.
Data Storytelling Workshops: Equip stakeholders with the skills to translate complex data findings into compelling narratives that drive action.
Benefits of a Precise Ecosystem:
Sharpened Focus: Precise access and clear roles ensure everyone works with the most relevant data, maximizing efficiency.
Actionable Insights: Strategic analytics and automated quality checks lead to more reliable and actionable data insights.
Continuous Improvement: Data-driven performance management fosters a culture of learning and continuous improvement.
Sustainable Growth: Empowered by data, organizations can make informed decisions to drive sustainable growth and innovation.
By focusing on these precise actions, organizations can create an empowered data analytics ecosystem that delivers real value by driving data-driven decisions and maximizing the return on their data investment.
8. History of RMG sector of Bangladesh
The 100% export oriented RMG industry experienced
phenomenal growth during the last 15 or so years. In 1978, there
were only 9 export oriented garments manufacturing units . They
are Reaz Garments, Paris Garments, Jewel Garments,
Baishakhi Garments. The pioneer in export oriented garments
“Reaz Garments” was established in 1960 as a small tailoring
store. Then in 1973 it changed in “M/S Reaz Garments Ltd” and
expanded its operation into export market by selling men’s shirts
to a Paris-based firm and earned 13 million franc.
9. Present situation
5600 factories
5% market share
2nd position in the world
Tk. 5300 minimum wage
4 Million workers 80%female
Source : http://www.bgmea.com.bd/
10.
11. Raw Materials
• Accessories: interlining, labels, buttons and
sewing , thread.
• Packaging materials: neck boards,
backboards, plastic collar stays, tissue papers,
hangtags, pins and clips, hangers and
polybags, zippers, draw strings and export
cartons.
12. Comparative statement of total export and
RMG export of Bangladesh
0
5000
10000
15000
20000
25000
30000
35000
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014
Export of Bangladesh (in million USD)
Export of RMG (in million USD)
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014
Export of Bangladesh
(in million USD) 16204.65 22924.38 24287.66 27027.36 30186.62
Export of RMG
(in million USD) 12496.72 17914.46 19089.69 21515.73 24491.88
15. Strengths and potentials
• Good quality of raw materials
• Present of internationally reputed firms
• Presence of strong business association
• Emphasis on changing trends
• Physical resource
• Knowledge resource
17. Problems in this sector
• Poor quality of infrastructure logistics
• Poor education and training facilities
• Poor living condition of workforce
• Low level of technology application
• Undue competition
• Firms’ inability to exploit value added
potential
• Lack of long term plans for apparel industries
18. • Lack of implementation of government
initiatives
• Lack of enforcement of business
regulation
• Frequent political unrest and violence
• Lack of proper safety measures
• Lack of proper working environment
19. Rana Plaza Tragedy
On 24 April 2013, Wednesday at 8:45 AM
Rana Plaza, an eight-story commercial building
and garments factory, collapsed in Savar.
The search for the dead ended on 13 May with a
death toll of 1,129. Approximately 2,515
Injured people were rescued from the building
alive.
20.
21.
22.
23. Initiatives taken by the government
• National Tripartite Plan of Action on Fire, Electrical
Safety and Physical Integrity in the Ready‐Made
Garment Sector of Bangladesh (NAP)
• Allowing 3 agencies to inspect workplace safety-
1. Accord on Fire and Building in Bangladesh
2. Alliance for Bangladesh Worker Safety and
3. BUET
• to ensure long-term enforcement of a globally
acceptable fire, electrical and structural safety
standard
• upgradation of the Department of Inspection for
Factories and Establishments (DIFE)
24. Established: 1983
Situation: Hatirrjheel, Dhaka
Present president: Atiqul Islam
Vision: to develop the RMG industry of
Bangladesh and the economy of the country.
Mission: 1. to protect and promote the interests of the
industry;
2. to ensure all legitimate rights and privileges of
the garment workers.