In response to global supply chain challenges, AD Academy (Apparel Solutions Online University by Avery Dennison) is co-hosting a virtual event with Apparel Resources on 14th December 2023 (Tuesday) on the theme ‘Bringing Speed, Flexibility and Visibility to the Apparel and Footwear Supply Chain’ for the South Asian fashion, apparel and footwear industry.
Features
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Bangladesh knitwear sector's core strength in backward linkage is making it inch closer to being self-sufficient in fabric and yarn production. With growth in its export volume, backward linkage has expanded accordingly.
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The future of sourcing in the apparel sector lies in the establishment of value-based partnerships. Leading industry voices are urging stakeholders to view sourcing as a collaborative venture focused on mutual growth and innovation.
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Local garment suppliers are shifting gears towards sustainable fashion, utilising recycled materials in their apparel. This transformative shift not only aligns with international standards but also presents an opportunity for Bangladesh to enhance the sustainability of its garment industry significantly.
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Bangladesh apparel manufacturing industry has now taken the onus on itself to address the energy crisis that has worsened in 2023 with power cut for over 125 days in the first eight months of the year, not only its own survival but also to embark on a sustainable future.
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Bangladesh has embarked on a global outreach strategy, focusing on diversifying its partnerships and expanding its Ready-Made Garments (RMG) sector with a renewed focus on innovation and sustainability.
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Stagnant since 2018 at BDT 8,000 (US $ 73), the minimum wage in Bangladesh is lower than that in China, Cambodia, India and Vietnam. Labour unions are now vociferously pushing for a raise in the same to BDT 23,000 (US $ 209) monthly.