Importance of Benchmarking in Textile and Apparel Business

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Benchmarking in Textile and Apparel Business

Benchmarking in Quality Management of an Organization:

A new factory or a factory with effort short capital base may substantially improve its productivity and performance by following strategy management, techniques, technology etc. of the topmost and advanced factory under readymade clothing sector. 
A topmost factory generally possess vast experience, resources, fund, research base, technology, technical and managerial manpower base, which new or local factory may seriously lack. 
Benchmarking in textile and apparel business
Fig: Benchmarking in textile and apparel business
 A topmost or a foreign owned factory may have enough resources to spend for research and innovation in different spheres of work. This a new or local factory may not afford. Experience and expertise of the topmost factories cannot be assimilated within a short span of time except by bench marking. 

What is Benchmarking in Strategic Management?

Bench marking refers to assimilating by a factory the best practices of the most advanced & successful factories in the same or relevant sector. This is commonly known as “Follow the leaders in your sector”. 

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Assimilating the best practices from the leaders in the sector is the easiest and cheapest way of acquiring technique, technology, management practices, know-how, strategic planning, quality & productivity management, cost management etc.

Bangladeshi local apparel manufacturing factories suffer from some intrinsic shortcomings such as the following:

  1. They do not have long term strategic planning.
  2. Poor manpower recruitment & development policy.
  3. Lacking in productivity improvement techniques (Failure in introducing time and motion study method in the floor).
  4. Lacking in full proof quality management system (Failure in introducing ISO 9000.2000 & traffic Light Chart System in the floor).
  5. Failure in introducing continuous training of helpers, workers and employees.
  6. Failure in effecting continuous improvement in all ways of work.
  7. Failure in implementing full scale safety & personal protection system.
  8. Failure in introducing supplier-customer chain or quality circle system.
  9. Failure in instituting system of internal audit etc.
All or any of the above mentioned factors may make a competitive edge in the most competitive era of modern business. apparel manufacturing factories, especially foreign-owned ones have vast experience in managing apparel factories in the most successful manner, they have better exposure to international business, they pursue better & more modern management & technological practices.
They are apt at sourcing & securing material at a shorter lead time. On all these factors, apparel manufacturing factories have good chance to follow the most advanced & successful factories in the sector. Following the successful one is easier & cheaper. This method delivers dividend in a very short run. 
 

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