Sudden price hike of cotton and yarn in the global market may push Bangladesh to a very awkward situation to devastate the business. The type of labor and political anarchism of the recent days if prevails in the future, Bangladesh may lose the
BRANDED UNDERWEAR (MALE/FEAMALE) INDUSTRY INDUSTRY REPORT 51 In order to flourish the undergarments industry, Bangladesh has to create new capacities and modernize & balance the existing ones. Encouragement of FDI from ethnic Bengalis in foreign countries would be one of the best options for the needed financing in addition to the local banks‟ efforts. Power supply has to be ensured. Bangladesh needs to develop capacities to provide the industries with a sustainable supply of resource personnel and support services in regard of research, design, testing & standardization, accreditation, compliance etc. Bangladesh has to improve the port efficiency further and gear up domestic transportation. Labor crisis, labor safety, social rights and gender issues have to be dealt with more efficacies. It is important that the buyers should have a preferred access to the country; starting from reception on arrival to facilities such as hotel/rest house, tourism and recreation should be improved. &CIS countries. In the long run, Bangladesh has a scope to target huge populated country like China and India- where demand as well as cost of manufacturing will be wider. Since the undergarments industry is a untapped and potential market explored in home and abroad it will expand the Bangladesh RMG export and consequently the undergarments manufacturing. undergarments business. Growing terrorism, or its false/amplified propaganda, is also a big threat. The poor political culture and violence is one of the most important threats.
BRANDED UNDERWEAR (MALE/FEAMALE) INDUSTRY INDUSTRY REPORT 52 CHAPTER FIVE: INDUSTRY VALUE CHAIN There is no doubt that Customers are the sacrosanct. They are the most important part in the industry value chain of Branded Underwear: Male & Female. They are the ones whose value for the final product determines how much each of the players in the industry value change, possibly makes. But there are two other players: Manufacturer and Retailer who play a vital role in this value chain. Manufacturers make the foundation of the industry value chain by actually producing the product. And in the most general form of a value chain, retailers are the media through which a customer actually acquires the product. However, the real scenario is much different as there are other players in the value chain as well. There are other ways in which the final product can reach the customer. (See Figure 5-1) The value chain components are as follows: Manufacturer (M) Wholesaler (W) Retail (R) Export (Ex) Import (Imp) Customer (C) Figure 5-1: Flow Chart-Industry Value Chain
BRANDED UNDERWEAR (MALE/FEAMALE) INDUSTRY INDUSTRY REPORT 53 Section 4.3.5. illustrates that manufacturers follow 2 methods of production. 1) To produce from
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- Winter '20
- Brassiere, Undergarment, Lingerie