Difficulties that you may encounter while Doing Bangladesh Sourcing - PowerPoint PPT Presentation

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Difficulties that you may encounter while Doing Bangladesh Sourcing

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In this PPT, we have shared 5 difficulties that can occur if you are planning to do Bangladesh Sourcing. You cannot ignore the advantages of Bangladesh sourcing like affordable material and work-force. However, at the same time you should know about these disadvantages to avoid future loss. – PowerPoint PPT presentation

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Title: Difficulties that you may encounter while Doing Bangladesh Sourcing


1
5 Challenges that you can Face while Doing
Bangladesh Sourcing
By http//www.dragonsourcing.com
2
Introduction
While Bangladesh offers some unique benefits for
sourcing, our research recognized 5 difficulties
for clothing organizations trying to expand more
business there. So, we are going to discuss about
5 most difficulties of Bangladesh sourcing and
how to overcome them with the help of a sourcing
agency.
3
Transportation and Power Problems
Transportation problems produce ineffective lead
times for clothes and hold off scheduled delivery
to consumers. This problem can become much more
crucial later on, considering that purchasers
desire to source additional trendy items with
faster lead times.   Power supply is an issue
too90 of the neighborhood vendors we surveyed
rate it as being inadequate or poor. The
government has prioritized development in this
field and began to improve energy systems during
the last couple of years, on the other hand.
4
Compliance
Nongovernmental along with other agencies keep
track of Bangladesh for work and also
social-compliance problems. While many Western
and US chief acquiring representatives mentioned
in the market research that criteria have
somewhat or firmly enhanced during the last 5
years, they mentioned that vendors differ
significantly within their amount of compliance.
Ecological conformity is simply starting to get
noticed.
5
Suppliers efficiency and also the experienced
labor force  
Our research discovered that the suppliers
efficiency should increase not just to offset the
outcome of increasing salary but additionally to
shut gaps with other sourcing nations and also to
please new consumer specifications for additional
advanced merchandise. Two other difficulties are
an absence of acquisition of new equipment and
systems and also the inadequate size of the
experienced labor force, specifically in middle
supervision.
6
Raw materials
Bangladesh doesn't have a remarkable availability
of natural or synthetic fibers, and its reliance
on imports produces sourcing challenges and
elongates lead times. Compounding the issue is
the unpredictability of raw-material costs over
the past several years. The growth of a local
industry would boost lead times.
7
Financial and governmental balance
About 50 of the key acquiring representatives
surveyed mentioned that they'd decrease amounts
of sourcing in Bangladesh if its governmental
balance reduced. The survey discovered that
political anxiety, attacks, and the tranquility
of conducting business are the top of mind for
respondents. All these problems can be solved by
the help of a sourcing company. An experienced
sourcing company can help you to do business with
most eligible manufacturers. Also they know all
social ethics, local languages, political
barriers, Government rules etc. So they can
surely guide you to take the correct path to do
Bangladesh sourcing.
8
Contact Us
9
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