The Role of Effective Management Strategies in the Ready-Made Garments (RMG) Sector in Bangladesh

The ready-made garments sector in Bangladesh has seen significant growth in recent decades across multiple dimensions; nonetheless, the quality of domestically produced items continues to raise concerns. The BGMEA report (2014) reveals that the RMG sector makes up around 40% of manufacturing, comprises 50% of the total workers, and accounts for 78% of the total earnings from exports from these sectors. A substantial portion of the workforce in the RMG sector consists of women, representing about 90%, with roughly 4.2 million individuals engaged in this industry. Nevertheless, the possibility for development and progress in the ready-made garments sector in Bangladesh is large. To leverage these opportunities, it is crucial to prioritise the effective implementation of management policies that prioritise excellence and feedback. In today’s knowledge-based economy, effective management strategies are crucial, as the success and efficiency of organisations heavily depend on their ability to leverage this reserve, particularly in the garment industries of Bangladesh. However, the current situation for these industries indicates that the employees remain underestimated, not properly trained, and underutilised. Insufficient management practices in the RMG sector contribute to the elevated incidence of labour unrest, resulting in employee productivity levels that fall short of competitors. With the RMG sector emerging as a key area for investment, it is essential to focus on enhancing and sustaining the growth of garment companies. Effective management is essential and requires increased focus within the Bangladesh RMG sector. The current research indicates a lack of adequate attention to management practices, necessitating evaluation and analysis to improve quality performance in Bangladesh’s RMG industry. Efficient management in this area is essential for industrial expansion and attaining a lasting competitive edge in these industries.