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Supply chain management in garments manufacturing industry

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BRAC University

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Abstract

The Supply Chain is not only a business function; it is also a network of companies and Supply Chain Management is the implementation of cross-functional relationships with key customers and suppliers in that network. It comprises of vendors that supply raw material, producers who convert the material into products, warehouses that store, distribution centers that deliver to the retailers, and retailers who bring the product to the ultimate user. Collaboration with other companies in the Supply chain will present win-win situations for this company and for other companies in the Supply chain. The garments industries are pivotal sectors in the global economy, characterized by complex supply chains that span multiple countries and involve numerous stakeholders. Effective supply chain management (SCM) is critical in these industries to enhance efficiency, reduce costs, and meet the rapidly changing demands of the market. Supply Chain Management (SCM) in the garment industries involves the efficient coordination and management of the entire production process, from raw material sourcing to the delivery of finished products. This sector is characterized by its complexity and the need for flexibility due to varying fashion trends, seasonal demand, and the necessity for rapid market response. Key aspects include sourcing quality raw materials, managing suppliers, optimizing production processes, and ensuring timely distribution. Effective SCM in this industry seeks to reduce lead times, control costs, and improve product quality while maintaining sustainable practices. By integrating advanced technologies and data analytics, companies can enhance visibility, streamline operations, and adapt quickly to market changes, thereby gaining a competitive edge. Overall, robust SCM practices are essential for meeting consumer expectations, achieving operational efficiency, and fostering innovation in the textile and garment industries. SCM is a critical aspect of the garments industries, requiring a strategic approach to manage the complexities and dynamics of global operations. By leveraging technology, fostering collaboration, and focusing on sustainability, companies can enhance their supply chain performance and gain a competitive edge in the market.

Description

This thesis is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2024.
Cataloged from the PDF version of the thesis.
Includes bibliographical references (pages 58-59).

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Thesis