Impact of Product Nature on Supply Chain in the Global Market: An Analysis of Bangladeshi RMG
Globalization and easy access to market have made the supply chain management process competitive with the demand of providing modern products at the shortest possible time. The product life-cycle is decreasing tremendously with the ever increasing demand of varieties ofproducts. Ready made garment (RMG) has occupied more than 75% of export earning of Bangladesh and in the coming days supply chain management will be the key to meet more competency in the market place with the ever-increasing competition. In the supply chain management, necessary of Import, managing inventory, moving products across borders, managing margin of safety, maintaining economic Order Quantity (EOQ) and outsourcing are very crucial. In Bangladesh, the organization managing good supply chain andmanaging appropriate forecast of demand are expanding. This paper deals with the importance of supply chain management with appropriate forecast of Products nature to accelerate growth and expansion of market of RMG industry of Bangladesh.
Md Habibur Rahman,
Impact of Product Nature on Supply Chain in the Global Market: An Analysis of Bangladeshi RMG, Journal of Business and Economic Development.
Vol. 1, No. 1,
2016, pp. 14-24.
Islam M. S. (2010). Supply Chain Management on Apparel order process: A Case Study In Bangladesh Garment Industry. Asian Journal of Business and Management Sciences, 2 (8), 60-75.
Cross K. F. (1986). Introduction to Manufacturing Asses Planning. In manufacturing Planning: Key To improving Productivity (P.2). CRC Press.
Mahamud, M. (2013) lead time reduction, Cost cut must for survival. Dhaka: The daily star.
Bangladesh Germants Manufacturers and Exporters Association (2015) Available at: http://bgmea.com.bd (accessed 20 August 2015).
Campuzano, F and Mula, J. (2011). Supply chain Simulation: A system dynamics approach for improving Performance. Springer.
Nuruzzaman, Ahasanul haque and Rafiq A. (2010) Is Bangladeshi RMG Sector Fit in the global Apparel Business? Analysis of the Supply chain Management. South East Asian Journal of Management, April 4(1): 50-75.
Agarwal A. and Shankar R. 2005. “Modeling Supply chain Performance variables” Asian Academy of Management Journal (10): 47-68.
Gunasekaran, A.. Lai K. and Cheng, T. C. E. 2008. “Responsive Supply chain: A competitive Study in a networked economy”, omega 36(4):549-564.
Houlihan, J. B. 1988. “international Supply chains: a new approach. Management Decision”, Quarterly Review of Management Technology 26(3): 13-19.
Lam, J. K. C. and Postle, R. 2008. “textile and apparel Supply Chain management in Hong Kong”. International Journal of clothing science and Technology 18(4): 265-277.
Scott C. and Westbrook, R. 1991. “New strategic tools for supply Chain Management “, International Journal of physical distribution and logistics 21 (1):23-33.
Towill, D.R.1996. “Industrial dynamics modeling of Supply chain” logistics information management 9(4):43-56.
Nuruzzaman, M. and haque, A. 2009. “Lead Time management in the germants sector of Bangladesh: an avenue of survival and growth”, European journal of scientific Reserach 33(4):617-629.
Christopher, M. G.: relationship and alliances: embracing the era of network competition, in strategic supply chain management, J. gattoma, ed., Gower Press, Hampshire, England, 1998, pp272-284.
Bowersox, D. J.: Integrated Supply Chain Management: A Strategic imperative, in annual conference proceeding, council of logistics Management, Chicago, Illions, 1997 pp 182-187.
Lambert, D. M., Cooper, M. C., and Pagh, J. D.: Supply Chain Management: Iimplementation Issues and Research Opportunities. The International Journal of Logistics Management 9(2), 1–19 (1998).
Ellram, L. M., and Cooper, M.C.: The relationship between supply chain Management and Keiretsu. The International Journal of Logistics Management 4(I), 1-12 (1993).
Bechtel, C., and Jayaram, J.: Supply Chain Management: A Strategic Perspective The International Journal of logistics Management 8(1), 15-34 (1997).
Camp, R.C., and Colbert, D. N.: The Xerox quest for supply Chain Excellence. Supply Chain Management Review (Spring), 82-91 (1997).
Davis, T.: Effective suuply chain Management saloon management Review 34(4, summer), 35-46 (1993).
Lee, H. L. Billington, C.: The Evolution of supply chain management models and Practice at Hewlett-packard. Interfaces 25(5), 42-63(1995).
Fisher M. L.: What is the Right Supply Chain for your product? Havard Business Review 75(2, March –April), 105-116 (1997).
Hakansson, H. and Snehota I: Developing relationships in Business networks. Routledge, London, 1995.
Douglas M. Lambert and Martha C. Cooper: “Issues In Supply Chain Management” Industrial Marketing Management 29, 65-83(2000).
Fredendall, L., D.,(2000), Basis Of Supply Chain Management, CRC Press.
Hugos, M., (2006), Essentials of Supply Chain Management, John Wiley and Sons Inc.
Md. Abbas Uddin, “Readymade garment Industry of Bangladesh: How the Industry is affected in past MFA Period?” Curtin University Of technology, Australia, 2006.
Van Weele, A., (2005). Purchasing and Supply Chain Management, Thompson, London.
W. Douglas Cooper: “Textile and Apparel Supply Chains for the 21th Century” Journal of Textile and Apparel Technology and management 6(4)1-10 (2010).
Cooper W. D. (2006) “Textile and Apparel Supply Chain Management Technology, The Burlington Industries case and beyond.” Journal of textile and Apparel Technology and Management, Vol.5, Issue 2, Summer 2006, PP 1-22.
Jimmy Lam K. C., Postle, R.(2006) “Textile and Apparel supply Chain Management In Hong kong” International Journal of clothing Science and Technology, Vol. 18, Issue 4,Year 2006. pp 265-277.
Chan F. T. S. (2003) Performance measurement in Supply Chain. The International Journal of Advanced manufacturing Technology, 21, 534-548.
Fisher M and Raman A. (1994), “Making Supply meet demand: In an uncertain World” havard business Review, Vol. 72, No. 3, PP 83-94.
Behrooz Asgari and Md Aynul Hoque (2013) “A system Dynamics Approach to supply Chain Performance analysis of the ready-made-garments industry in Bangladesh” Ritsumeikan Journal of Asia Pacific Studies Volume 32.
Nuruzzaman M and Haque A. 2009. “lead time management in the garments sector of Bangladesh: An Avenue of Survival and Growth”, European Journal of scientific Research 33(4):PP617-629.
Sterman J. D. (2000) Business Dynamics: Systems Thinking and Modeling for a complex world, New York, McGraw-Hill.
Moon K. L. (1999) “Supply Side Logistics: managing in-coming Materials by Hongkong clothing Manufacturers” Journal of textile Institute, Vol. 90 No. 2, Part. 2, PP. 163-175.
Suamn Mazumder, C. M. Atiqur Rahman, Md. Gaffar Hossain Shah (2014) “A study on Implementation of Green Supply Chain Management in RMG Sector Of Bangladesh” International Journal Of Scientific and Engineering Research, Vol.4, Issue 6, PP 2697-2685.