Bangladesh is a densely populated country in the third world facing myriads of problems with the growth of population. The increased population leads to the growth of urban areas and slums which, in turn, generating a huge volume of waste. The huge generations of waste in different cities of Bangladesh like Khulna city increasing global anxiety day by day. In order to conduct the research, both primary and secondary data has been used. This paper highlights the status of waste generation and its management and a novel management process is proposed to increase the capacity. The waste generation rate of KCC is now 0.50 kg/cap/day producing around 950 tons of wastes, where about 36.84% being uncollected. The rubbishes, which remain uncollected, are dumped in open spaces, street and drains, clogging the drainage system, which create serious environmental degradation and treats to health. Moreover, the population growth rate is around 5% per year and waste generation rate will be about 1.7 times in 2025. Most of the urban local bodies are finding it difficult to keep pace with the demand for adequate solid waste management and conservancy services provided by the urban local bodies. So, both public and private sectors should take proper initiatives for effective solid waste management.