Swot analysis of a garment export house

Within this narrow industrial sector, however, the ready-made garments RMG industry has flourished as its most dynamic sector. Since its modest beginning in the early s, the industry has contributed to the economy appreciably in terms of employment, output, and foreign exchange earnings.

Swot analysis of a garment export house

A SWOT analysis is a structured planning method used to evaluate the strengths, weaknesses, opportunities, and threats involved in a project or in a business venture.

SWOT Analysis for the Fashion Industry | barnweddingvt.com

A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective.

Ready made garment is a success story for Bangladesh.

Swot analysis of a garment export house

The industry started in the late s, expanded heavily in the s and boomed in the s. The quick expansion of the industry was possible because of the following unique nature of the industry.

The technology is less complicated easy to transferMachineries are cheap and easy to operate sewing machinesA large female labor force that is easy to train is readily available.

Introduction SWOT analysis is a useful method of summaries all the information generated during the export planning.

Presence of foreign buyers is also a major factor that introduces the system of international subcontracting. Foreign buying houses not only bring the international market to the doorstep of local entrepreneurs, they also ensure the availability of essential inputs such as imported fabrics and accessories for the industry.

They also did the greatest favor for the RMG industry of Bangladesh by bringing the latest designs and by monitoring output quality. These measures especially enabled inexperienced garments entrepreneurs to establish a strong foothold during the s.

Garments products of Bangladesh Contribution of the Garment Industry Although suffering from image crisis after the GSP withdrawal from USA, Bangladesh registered remarkable export growth in the just concluding fiscal year.

Swot analysis of a garment export house

RMG export grew 2 1. ABSTRACT Purpose - In manufacturing industry, China is the most powerful all over the world. The garment industry is one of the most important parts in the market for manufacturing goods.

And for the garment industry, China is the largest export . Jun 29,  · A strengths, weaknesses, opportunities and threats, or SWOT, analysis lets your fashion business or brand see how it stacks up against the competition.

Dec 22,  · SWOT Analysis: SWOT analysis is an analytical method/tool which is used to identify and categories significant internal (Strengths and Weaknesses) and external (Opportunities and Threats) factors faced either in a particular arena, such as an organisation, or a territory, such as .

SWOT Analysis of Crystal Clothing Company: Strength of the company: The strength of the company is that it has had a old setup in the business, it means that the company had started it business from being a very small company to being one of the largest manufacturer in the business of clothing or textile manufacturing company.

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In this sector has earned million US$ through exporting which is % of the total export (Redwan, ). The tremendous success of Readymade Garment (RMG) exports from Bangladesh over last two decades has surpassed the most optimistic expectations.5/5(1).

SWOT Analysis of Crystal Clothing Company: Strength of the company: The strength of the company is that it has had a old setup in the business, it means that the company had started it business from being a very small company to being one of the largest manufacturer in the business of clothing or textile manufacturing company.

SWOT Analysis in Export Business.