Supply Chain Management of Ha-Meem Group
MetadataShow full item record
In Bangladesh, ready-made garments (RMG) represents a big opportunity, especially for export. Readymade garments account for over 80% of total exports in our country. In addition, the garment industry is a tremendous source of women empowerment because 80 percent of garment workers are women. The RMG sector has been the largest foreign exchange earner in our country's economy since the beginning of 1990. Bangladesh generated almost $20 billion in revenue from garment exports in 2013-14, with RMG accounting for 75% of total exports and the majority of the currency of the country. The Ha-Meem Group, a leading garment factory, is fast expanding in order to reach $1 billion in export income. After covid, they have become the highest exporter of Bangladesh. Gap, Esprit, American Eagle Outfitters, H&M, Abercrombie & Fitch, Kohl's, Tommy Hilfiger, JC Penney, Mango, Zara, Next, Tom Tailor, and Oshkosh are among the major purchasers of Ha-Meem Group's $535 million yearly exports. The company already produces 3 million yards of denim fabric per month, and the two additional facilities will increase that to 6 million yards. Ha-Meem has decided to increase their denim manufacturing in response to increased global demand for the fabric. The company currently employs 50,000 people across its numerous divisions and is trying to increase its workforce. Ha-Meem Group has established itself as one of Bangladesh's leading garment enterprises, both at home and internationally. The ongoing growth of this organization goes hand in hand with the industrialization of its own nation, Bangladesh. They also made a significant contribution to the country's economic development. I started working with Ha-Meem group on October 2021, in the PSM Department. I have tried my best to write this report with my job responsibilities and the working conditions with many activities. Lastly, this report is quite beneficial because it gives a thorough overview of the Ha-Meem group's supply chain management. This department has its own set of problems, and I've done my best to come up with a solution that addresses them.