Suggested Strategy for Bangladesh Garment Manufacturers and Exporters Association (BGMEA) During and Post Covid-19 to Protect the Industry from Massive Loss

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Md. Mufidur Rahman
Md. Mufidur Rahman

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Suggested Strategy for Bangladesh Garment Manufacturers and Exporters Association (BGMEA) During and Post Covid-19 to Protect the Industry from Massive Loss Banner
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Export oriented readymade garment (RMG) industry of Bangladesh has flourished at a rapid pace utilizing elastic supply of cheap female labor. But COVID-19 turns up as a new threat for this industry. As the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is one of the largest trade associations in the country representing the readymade garment industry, particularly the woven garments, knitwear and sweater sub-sectors with equal importance, it has vast responsibilities to protect the industry from massive loss. This study conducted based on current situation of supply chain in garment industry where try to find out the problem by SWOT analysis and Porter’s five forces model. After pointing out the problem this study suggests some strategies both for the during and post Covid-19 to protect garment industry from massive loss.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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Md. Mufidur Rahman. 2020. \u201cSuggested Strategy for Bangladesh Garment Manufacturers and Exporters Association (BGMEA) During and Post Covid-19 to Protect the Industry from Massive Loss\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 20 (GJMBR Volume 20 Issue B9): .

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GJMBR Volume 20 Issue B9
Pg. 59- 67
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: M10
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August 22, 2020

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English

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Export oriented readymade garment (RMG) industry of Bangladesh has flourished at a rapid pace utilizing elastic supply of cheap female labor. But COVID-19 turns up as a new threat for this industry. As the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is one of the largest trade associations in the country representing the readymade garment industry, particularly the woven garments, knitwear and sweater sub-sectors with equal importance, it has vast responsibilities to protect the industry from massive loss. This study conducted based on current situation of supply chain in garment industry where try to find out the problem by SWOT analysis and Porter’s five forces model. After pointing out the problem this study suggests some strategies both for the during and post Covid-19 to protect garment industry from massive loss.

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Suggested Strategy for Bangladesh Garment Manufacturers and Exporters Association (BGMEA) During and Post Covid-19 to Protect the Industry from Massive Loss

Md. Mufidur Rahman
Md. Mufidur Rahman

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