Mohammad Ashiquzzaman Khan
With the appearance of modern information and communication technology, the effects of physical frontiers are diminishing. Markets are continuously globalized and new competition is gradually entering the market with new and more creative products and services to compete with existing products and services. A variety of main key export and importers from Asia, Europe and the Americas make the clothing industry highly globalized. Besides, the product life cycle of apparel goods is rapidly decreasing, with many fast-fashion items. As a result, the time allowed for design on the market decreases over time and the length of order issue date to shipment date is reduced directly by the supplier or manufacturer of readymade garments. The design and marketing phases of Bangladesh readymade garments manufacturers are not concerned with the supply of raw materials for manufacturing clothing to shipments at Chittagong port. The presence of established competitors and the Bangladesh garment industry has been no longer enjoyed in the US market since 2005 with new competitors' arrival; the garment company is becoming increasingly competitive in quality, cost and lead time.
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