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Your Company Name: Best Sources Corporation Limited.
Your Name: Md. Ariful Islam (2013-3-5-020)
Your Designation: Asst. Merchandiser-Product Development
Your Official Contact No: 01716058725
Attention
The information those you will supply never be disclosed in this
form or in any form
which can identify the informer.Request: be very candid to
answer the question.
1. What are the internalstrengths(factors such as: products,
pricing, costs, profitability,
performance, quality, people, skills, adaptability, brands,
services, reputation, processes,
infrastructure, etc. plus product, process, customer,
distribution, finance, administration.)of
garment industry of Bangladesh?Consider all factories of
Bangladesh.
Example: low cost available labor force.
List 10 other strengths of the industry:
1.Strong Brand Name and popular top-of-the-mind brand.
2.Offering Good Quality Products.
3.Having large and diversified segments that provide wide
variety of
products.
4.Cost Leadership Strategy.
5.Excellent sales staff with strong knowledge of existing
products.6.Good Relationships with Customers.
7.Good Internal Communications.
8.Successfull Marketing Strategies.
9.Reputation for Innovation.
10.Current Profit Ratio Increased.
2. What are the internal weaknesses (factors such as:
products, pricing, costs,
profitability, performance, quality, people, skills,
adaptability, brands, services, reputation,
processes, infrastructure, etc.plus product, process, customer,
distribution, finance,
administration.)of garment industry of Bangladesh?Consider all
factories of
Bangladesh.
Example: Lack of skilled labor force.
List 10 other Internal Weakness of the industry:
1.Lower Productivity in various segments.
2.High Employee Turnover.
3.Lack of Technological Development that affect the productivity
and otheractivities in whole value chain.
4.Less Attention on Manpower Training.
5.Many Man Many Minds.
6.High Rental Costs.
7.Cash Flow Problems.
8.Weak Record Keeping Systems.
9.Lack of Strategic Management Systems.
10. Lack of Following up Procedures.
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3. What are theexternalopportunities( factors relating
tomarkets, sectors, audience,fashion, seasonality, trends,
competition, economics, politics, society, culture, technology,
environmental, media, law, etc.
plus product, process, customer, distribution, finance,
administration.)waiting for or enjoyed by the garment industry
of
Bangladesh?Consider global garment business.
Example:China is shifting the production from low value product
to high value
product.
List 10 other Opportunities of the industry:
1.Growing casual wear market.
2. Low manufacturing and production costs in various
internationalmarkets.
3.Increasing acceptability of western wear across the world.
4.Serve additional customer groups.
5.Entering new market or segments.
6.Expand Product Line to meet boarder,
7.Diversify into related products.
8.Adding Complementary Products.
9.Ability to move to better strategy groups.
10.Complecency among rival firms.
4. What are theexternalthreats( factors relating tomarkets,
sectors, audience, fashion,seasonality, trends, competition,
economics, politics, society, culture, technology,
environmental, media, law, etc.
plus product, process, customer, distribution, finance,
administration.)waiting for or faced by the garment industry
of
Bangladesh?Consider global garment business.
Example: Cancellation of GSP facility by USA.
List 10 other Threats of the industry:
1. Entry of New Competitors.
2.Rising Sales of substitutes Products.
3.Slower Market growth.
4.Adverse government and political Pressures.
5.Growing Competitive Pressures.
6.Growing Burgaining Power of Customers or suppliers.
7.Increasing price of Raw materials which impact on the final
product.
8.Changing buyer needs and tastes.
9.Adverse demographic changes.
10.To make balance between Price and quality of the product.
5. Do you think our garment business has strong backbone?- Yes I
strongly believe that, our garment business has strong backbone
in
our country because the ready made garment industry has occupy
the
unique position in the bangladesh economy. It is the largest
exporting
industry in Bangladesh, which experienced phenomenal growth
during
the last 25 years.
6. Write any other comment on the strength of garment business
of Bangladesh:
