The supply chain industry was estimated to be valued at USD 28 billion in 2022 and is expected to balloon to USD 75 billion by 2032.
How will it impact Bangladesh’s garment manufacturers?
Hossain Zillur Rahman discusses the nuances of inflation in Bangladesh with The Daily Star.
Despite improvements, Bangladesh still has the lowest logistics performance compared to other South Asian nations.
The fire at Bangabazar on Tuesday morning not only affected shop owners at the apparel shopping complex in Dhaka’s Gulistan, but also other players in the supply chain.
Businesses face supply chain risk, which can cause delays, increased costs, and loss of revenue. To de-risk the supply chain, businesses should identify potential risks and develop mitigation strategies. In a globalised world, businesses depend on suppliers from different countries, making disruptions far-reaching and potentially damaging. Mitigating supply chain risk is especially important for Bangladesh's manufacturing industry to remain competitive and continue its growth. Implementing risk management strategies can help businesses operate more efficiently, reduce costs, and increase customer satisfaction. Overall, de-risking the supply chain is essential for businesses to thrive and contribute to the growth of the economy.
The supply chain industry was estimated to be valued at USD 28 billion in 2022 and is expected to balloon to USD 75 billion by 2032.
How will it impact Bangladesh’s garment manufacturers?
Hossain Zillur Rahman discusses the nuances of inflation in Bangladesh with The Daily Star.
Despite improvements, Bangladesh still has the lowest logistics performance compared to other South Asian nations.
The fire at Bangabazar on Tuesday morning not only affected shop owners at the apparel shopping complex in Dhaka’s Gulistan, but also other players in the supply chain.
Businesses face supply chain risk, which can cause delays, increased costs, and loss of revenue. To de-risk the supply chain, businesses should identify potential risks and develop mitigation strategies. In a globalised world, businesses depend on suppliers from different countries, making disruptions far-reaching and potentially damaging. Mitigating supply chain risk is especially important for Bangladesh's manufacturing industry to remain competitive and continue its growth. Implementing risk management strategies can help businesses operate more efficiently, reduce costs, and increase customer satisfaction. Overall, de-risking the supply chain is essential for businesses to thrive and contribute to the growth of the economy.