This was a presentation for a case Case competition named TEXTILE Olympiad , precisely on garments industy in Bangladesh which shows a clear concept on worker's Job security during pandemic.
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Industry sustainity and worker's job security during pandemic
1. If the industry can sustain, if they
regrow in market The worker will be
further at risk. They can get their job
Industry
sustain
Regrowing
economy
Worker’s
job
Safety
2. About 4 million workers are employed by the
garment industry
Bangladesh has lost 1.3 billion dollar export prices
which has impacted on 1.2 million workers
Almost 46 industry is going to shut down for
bankruptcy
Country's RMG sector accounts for around 80% of
the country's manufacturing income
Shrinkage of Fashionable Product Market during &
after Panademic
3. 1. Low health safety
2. Import raw material
3. Lack of managerial
knowledge
4. 4.Lack of Tech knowledge
& Application
1. Low labour cost
2. Low interest rate
3. Low taxes rate
4.Government approach to
help
5. More green textile industry
1. 2nd exporter country in RMG
sector globally
2. China lost their market due to
Covid
3. Favorable for the attention for
new investors
4. Diversifying product market
1.bankruptation of industry
2. $6 billion exports cancelled
3.Shuting down of 46
garments
4.Highly competitive market
(Vietnam)
4. Boosting &
Strengthening
the supply
chain.
(primarily,
during the
panademic )
Diversifying the
product and
Consumers
Market.
Product:Jute,
Medical Textile.
Consumer: Latin
America
1.Application
of
Technolgical
knowledge.
2.More
efficiency
3.Lowering
price at the
same time.
5. Shrinkage of
Fashionable Product
Market
Randomly
Order
cancellation
Downsizing the
previously placed
order with 0 payment
Asking for
discounts up to
20% to 50%
Depending
largely on US
Market
Not having diversifying
Product Market rather
on one product
Higher import tax
for Raw material
Trapping money for
procurement issue
7. Creating Rule to Cut off up to 30% salary of
workers or some partial of wages
Negotiation for partial payment of
downsizing the previously placed order
Helping the industry to realign to
produce PPE & face mask
Negotation with industries to work together
for special inventory like anti-bacterial
fabrics
Strenthening manufacturing and supply
chain procedure.
8. Financial
Assistance
Diversifying different
sector of garments
Setting strategies to
grab China’s lost Market
Taxation issue
Aggregating the
stucked money
by diplomacy
To help recovering the economy govt should
have to launch a credit support package to
spur economic growth.
should offer Lowered interest rates ,
Delayed the payment of taxes & land
use fees for several business lines.
Creating facilites for the buyers by diplomacy
creating a sort of Trade agreement.
Help the industries to realign their business to
produce diversified Product like Medical Textile and
Jute product.
By diplomacy Helping industries to aggregate the
stucked money for procurement from raw material
producer countries.
9. 1.government
policy
2.Foreign trade
policy
3 Tax policy
4.labour laws
5 Funding
grants and
initiatives
6. Trade
restrictions
7. Fiscal policy
1. Exchange
rates
2. Inflation
3. Taxation
4. Financing
capabilities
1. Health
conciousness
es
2.only
contributor
for family as
worker
3. . Customer
buying trends
1.Emergies
technologies
2.Technological
Maturity
3.Target Market
Communication
4. Potential
Return on
Investment
5.Potential
copyright
infirdgement
1. The
decrease of
importing
raw material
2.Promoting
positive
business
ethics and
sustainability
1.Health and
safety issue
2.Consumers
rights and
laws 3.safety
Standards 4.
Labour laws
10. To Cut off up to 30%
salary of all workers
or some partial of
wages. They Can cut
greater percentage
from highly paid
workers.
11. The posibilities
for Financial
Aid is too
shrinkage as
BD is
developing
country
Diversifying &
Extending
Consumer
market during
this Panademic
Crisis
Restriction &
limitation for
polices for
international
Trade
12. We help you to show the Business
and supply chain module of
Vietnam.
As already it is considered as the fastest
regrowing economical country in southeast Asia,
so the strategy will never fall and also
sustainable.
This Methedology is verified by ADB and
other international economical personnel .