An AHP Based Approach to Identify and Eliminate Most Severe Risks of the Internal Supply Chain of Ready Made Garments (RMG) Industries: A Case Study

Abstract

Risk is a basic term for any decision making framework which can be defined as a probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities. For having a wide range of risks, Ready Made Garments (RMG) sector faces different difficulties in accomplishing their missions and goals. This paper has identified different risks associated with internal supply chain of the RMG sector. To achieve the expected outcome from this study, a renowned apparel factory named TALISMAN (BD), a branch of FCI GROUP, has been visited. 58 risks in 11 different departments have been identified by discussing about the process with the experts and experienced personnel of those departments along with the previous historical data of that factory. Analytical Hierarchy Process (AHP) has been used to identify the most severe risk of each department. Some corrective actions have also been suggested to eliminate the most severe risks of all department to enhance the overall efficiency of the supply chain.

Strategic fit strategy formulation: keys to enhancing competitiveness and improving capabilities of a manufacturing unit

“…The manufacturing metric (ST) of third category (AMM) is linked to its previous categories metrics and also linked to manufacturing fitness which is the determinant of manufacturing overall fitness (Mondal et al, 2017;Surana et al, 2005;Swafford et al, 2006). Due time shipment gives the evidence of proper handling of previous metrics and it motivates and encourages the employees for the better performance & growth of an organization (Rahman & Rahman, 2019;Swink et al, 2005), thereby senior management suggested the manufacturers to keep a focus on ST. Based on the evidences from the previous researches, this research proposed the following hypotheses.…”