1

A Report on

“Quantitative Management practices in posh garments,

Bangladesh ”

Course title: Development Of Management Thought

Course code: MGT 401

Submitted to:
Proshanta kumar podder
Lecturer,
Department of Management Studies
Rabindra University, Bangladesh

Submitted by:
Girl's squad

1st batch, Session: 2018-2019

Department of Management Studies
Rabindra University, Bangladesh

Group Name: Girl's squad

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SL Student’s ID Student’s Name Remarks

No.

1. 19030107 Tasmia Tanjum Suwa

2. 19030117 Jannatul Maoa Eva

3. 19030127 Anjona sen

4. 19030137 Samia pervin

Declaration/Preface

In the pursuit of academic excellence and practical insights, our team, "girl's squad," embarked
on a research endeavor to delve into the contemporary management practices within posh
garment Company, a prominent entity in Bangladesh's garment manufacturing industry. This
report, titled "Quantitative Management Practices in posh garment Company, Bangladesh,"
encapsulates our journey through exploration, data analysis, and findings in the realm of
organizational management.
Within these pages, we aim to present an in-depth understanding of posh garment Company's
management strategies, offering a comprehensive view of the organization's goals, operations,
and their impact on the broader business landscape. The primary goal is to provide valuable
insights to our academic community and professionals in the field of management.
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This report is structured to cover various facets of our research, from an introduction that
defines the research problem, through the organization overview, research methodology,
results, discussion, to the eventual findings, conclusions, and recommendations. We believe
that the knowledge and insights gathered during this study will contribute to the discourse on
quantitative management practices and their practical applications.
This preface serves as an introduction to our journey, and we would like to acknowledge the
guidance, support, and cooperation that made it possible.

Index Number

SL. No. Contents Page No.

1. Acknowledgement 5

2. Executive summary 7

3. Introduction 8

4. Methodology 12
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5. Results & Discussion 13-15

6. Findings & conclusion 15

7. Reference 16

Acknowledgment

We are very grateful and thankful to the Almighty God. The success and final outcome of this
report required a lot of guidance and assistance from many people and we extremely fortunate to
have got this all along the completion of our report. We would like to thank our honorable
lecturer proshanta kumar podder sir for giving us an opportunity to do this report and proving all
support and guidance which help us complete this on time. We are really grateful because
we Managed to complete this report within the time given. This report cannot be successfully
completed without the effort and co-operation with group members, superiors, and friends. Last
but not least, we would like to express our gratitude to friends and respondents for support and
willingness spend some time with us. For the completion of this report searching for websites,
articles and related documents were required.
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Executive Summary:

Posh Garments in Bangladesh demonstrates a strong commitment to implementing

quantitative management practices to enhance its operations. The company utilizes
demand forecasting models to optimize production planning and control. Financial
analysis techniques, such as financial ratios, help assess the company's financial
performance. Quantitative methods are employed to optimize supply chain
management, including distribution route planning and supplier performance evaluation.
Statistical process control techniques enable the company to monitor and control
product quality. These quantitative management practices contribute to improved
overall efficiency, cost reduction, optimize resource allocation and customer
satisfaction at Posh Garments in Bangladesh.
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Introduction

Bangladesh is one of the world’s leading producers of clothing and textiles.

Bangladesh’s garment and textile sector is also one of the top areas in the
manufacturing industry, with low labour costs, the largest labour force in the country and
state-of-the-art technology. Fashion trends shift often, necessitating the production of
clothing in a wide range of colurs, designs, and fabrications. Posh Garments is a major
garment manufacturer in Bangladesh. Posh Garments employs approximately 1200
trained employees and professional staff that work tirelessly to provide the best things
to clients, as well as a diverse variety of clothing manufacturing and a large production
capacity. Their experienced team of over 1200 people is capable of working with a wide
range of light materials and textiles, such as cotton, polyester, viscose, rayon, Tencel,
satin, chiffon, and others. The industry may add more value to the products by using
various types of wash, such as enzyme, bleach, garment, cool dye, and so on. This can
also be performed by adding printing, embroidery, heat press, decorations, sequence,
ornaments, and other embellishments to the goods. Posh apparel comprises anything
from casual skirts, blouses, ladies’ nightwear and lingerie for women. They also make
children’s apparel, such as shirts, baby gowns, pants, and school uniforms. They have a
huge assortment of formal and casual shirts, boxers and boxer shorts for men. Posh
Garments Ltd also makes hotel and hospital uniforms, as well as numerous sorts of
work wear for professionals and workers. Bangladesh’s apparel manufacturing industry
has long been an essential aspect of the country’s economy. Posh Garments was
founded in 1984 as a clothing producer and exporter. When it originally began, it was a
small factory with only 60 sewing machines. After 37 years in business, they’ve evolved
into a fully consistent clothing manufacturing firm with 14 sewing lines. With
management skills, a versatile production platform, a highly skilled workforce and
experienced staff, they currently mass-produce and ship millions of garments around
the world. Posh garments’ vision is to be an one-of-a-kind garment manufacturing
solution.
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Background:
It all started as a small garment manufacturing unit in Tejgaon, the industrial part of Dhaka.
Incorporated in 1984, Posh Garments has been engaged in manufacturing & exporting apparel
primarily to Europe. Specializing in value added fashion products, the current product range
includes ladies blouse & tops, basic skirts, dress, uniforms and men’s casual wear shirts. Though
relatively small compared to contemporary manufacturer in Bangladesh, Posh Garments has a
highly skilled work force, experienced staff and more than 30 years of expertise in apparel
manufacturing. It’s focus is on quality, on time delivery and commitment towards maintaining a safe
workplace for its employees.

Vision and Mission Statement :

Vision: Posh Garments vision is to be the leading and most admired garment company in
Bangladesh, known for innovation, quality, and ethical practices in the fashion industry.

Mission: To provide trendy, high-quality garments that exceed customer expectations

while maintaining a sustainable and socially responsible approach.

Goals, Objectives, Targets, Commitments and strategies :

Posh Garments is obviously one of Bangladesh’s greatest dress manufacturers, with its
dedication to ecology, transparency, on-time distribution, and high-quality items.

Goals:
1. Achieve a consistent double-digit growth rate in sales and profitability.
2. Expand market presence both domestically and internationally.
3. Enhance brand recognition and reputation as a high-quality fashion brand.
4. Strengthen the supply chain and ensure sustainable sourcing of materials.
5. Develop a diverse and talented workforce, nurturing employee growth and satisfaction.
6. Implement and promote environmentally friendly practices throughout the production process.
Objectives:
1. Increase market share by 15% within the next two years through targeted marketing and
product development.
2. Launch a new sustainable clothing line to cater to environmentally conscious consumers by
the end of the current fiscal year.
3. Establish strategic partnerships with local and international fashion designers to enhance
product differentiation and innovation.
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4. Reduce the carbon footprint by 20% within the next three years through energy-efficient
production processes and investment in renewable energy sources.
5. Enhance employee training and development programs to ensure a skilled and motivated
workforce.
6. Engage in community development initiatives to improve the lives of local communities and
promote social responsibility.
Targets:
Posh garments aims to become a leading fashion brand in Bangladesh, known for its quality,
innovation, and ethical practices.
Commitment:
Posh Garments is an IS 9001 certified company accredited by BSCI, SEDEX, GOTS and
ACCORD. They are fully committed towards maintaining a safe working environment for their
employees. It’s core functions are based on Enterprise Resource Planning (ERP). They strive
continuously to reduce wastage of materials and increase production efficiency. They ensure
product safety, zero discharge of any chemicals and recycling of all waste raw materials – fabric,
paper, plastic, metal, etc. Meeting the Sustainable Development Goals (SDGs) is of utmost
importance for Posh Garments. It not only ensures Posh Garment’s long-term viability and
competitiveness but also promotes sustainable and ethical practices. Posh garments is also
committed to providing trendy, high-quality garments that exceed customer expectations, while
maintaining a sustainable and socially responsible approach throughout its operations.
Strategies:
1. Product Differentiation: Posh garments will focus on offering unique and fashionable designs
to stand out in the market. This includes collaborating with local and international designers,
investing in research and development, and staying updated with the latest fashion trends.
2. Quality Assurance: Posh garments will prioritize the use of superior quality materials and
efficient production processes to ensure the durability and reliability of its garments. Stringent
quality control measures will be implemented at every stage of production.
3. Sustainable Practices: Posh garments will adopt environmentally friendly practices throughout
its supply chain. This includes sourcing materials from sustainable and ethical suppliers,
reducing waste and energy consumption, promoting recycling and upcycling, and implementing
green initiatives within its manufacturing facilities.
4. Customer-Centric Approach: Posh garments will prioritize customer satisfaction by
consistently meeting their needs and preferences. This includes conducting market research to
understand customer demands, offering personalized shopping experiences, and providing
prompt customer service.
5. Market Expansion: Posh garments will explore opportunities for market expansion, both
domestically and internationally. This includes opening new retail outlets in strategic locations,
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establishing strong distribution networks, and actively participating in international trade fairs
and fashion events.
6. Talent Development: Posh garments recognizes that its employees are key assets to achieving
its goals. The company will invest in training and skill development programs to enhance the
capabilities of its workforce. This includes creating a positive work environment that fosters
creativity, collaboration, and personal growth.
7. Corporate Social Responsibility: Posh garments will actively engage in community
development initiatives, focusing on education, healthcare, and environmental conservation. This
includes partnering with local NGOs, participating in charitable activities, and promoting fair
labour practices within its supply chain.
Goods and Services:
Fashion trend keeps changing and it demands garments to be made in a different colour, in
different style, and various fabrication.

Posh Garments is such a garment manufacturer in Bangladesh which can manufacture a wide
range of products. The core products of Posh Garments are ladies blouses,
tops, dresses, skirts, jumpsuits, loungewear, nightwear, or sleepwear. We also manufacture girls'
dresses, tops, and skirts.
For men and boys, we manufacture casual wear shirts, boxers and boxer shorts, swim shorts, and
sleepwear. Hotel, school uniforms, and hospital uniforms are niche products that we manufacture
and export to many countries.

Principal Activities of Posh Garments :

Posh Garments, based in Bangladesh, is a renowned company engaged in various principal
activities related to the garment industry. Here are a few of its key operations:
1. Manufacturing and Export: Posh Garments specializes in the manufacturing of a wide range of
apparel products, including but not limited to shirts, trousers, dresses, skirts, blouses, and more.
They operate state-of-the-art factories equipped with modern machinery, ensuring efficient and
high-quality production. The company has a strong focus on exporting its products to
international markets, catering to the global demand for fashionable and affordable clothing.
2. Design and Development: Posh Garments has an in-house team of designers and developers
who work to create trendy and innovative designs in line with international fashion trends. They
constantly research and analyse the market to identify emerging styles and customer preferences.
This allows them to offer a diverse range of clothing options to their clients.
3. Quality Assurance: The company emphasizes strict quality control measures to maintain the
highest standards of its products. Posh Garments adheres to internationally recognized quality
standards and has implemented quality control processes at various stages of production. This
includes thorough inspections, testing of fabrics and accessories, and a final review before
shipment to ensure that only flawless products reach their customers.
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4. Compliance and Ethical Practices: As a responsible organization, Posh Garments places

significant importance on ethical business practices and compliance with labour and
environmental regulations. The company strives to operate in an ethical and sustainable manner,
ensuring the well-being of its employees and minimizing its ecological footprint. They prioritize
the health and safety of their workers and maintain a healthy work environment.
5. Retail and E-commerce: In addition to their focus on exporting, Posh Garments has also
expanded into the retail and e-commerce sectors. They either operate their own retail outlets or
collaborate with established retail chains to make their clothing accessible to local customers.
Furthermore, they have a strong online presence, enabling customers to purchase their products
through various e-commerce platforms.
Overall, Posh Garments in Bangladesh engages in a comprehensive range of activities
encompassing manufacturing, design, quality assurance, compliance, and retail. With their
commitment to quality, innovation, and ethical practices, the company has established itself as a
reputable player in the garment industry both domestically and globally.

Methodology:
Descriptive research was conducted to identify different dimension of compliance quantitative in
ready management practices in readymade garments industry in Bangladesh. As result of
researchers were prevented from visiting the factory. For this reason, we have ignored the direct
data collection and surveys. Consequently the research techniques, has relied on secondary data,
collected through case studies, research articles, thesis paper, newspaper, online news and survey
reports, manufacturing industries annual reports, BGMEA yearly reports and files. The data was
collected through a number of techniques. Posh garments was incorporated as an apparel
manufacturer and an exporter in the year 1984. 80% of workers in posh garments are women.
These women are empowered and contribute vastly to the socio-economic development of
Bangladesh. Posh garments used operation management for design of product, quality
management, process capacity design, supply chain management, inventory management,
strategies for reducing high product cost. Posh garments used management information system
for E-Commerce, Marketing , privacy, globalization etc.
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Results and Discussion :

Posh Garments was incorporated as an apparel manufacturer and an exporter in the year 1984. In
the early days, it was a small factory having 60 sewing machines. After operating for 37years, It
grown to a fully compliant apparel manufacturer with 14 sewing lines. It has the management
expertise, a flexible production platform, a highly skilled workforce, and experienced staff to
churn out millions of pieces of garments and export them all over the world.
According to, wasim zakariah, the director of posh garment - ‘After serving 35 years in
apparel manufacturing and on time shipment of quality goods, Posh Garments ltd. is now
reviving form small factory into a flexible production platform with a highly skilled workforce
and experienced staff. Achieving customer's satisfaction in this long run, Posh Garment's has
reached several milestones in both local and international levels that wouldn't have been possible
without our loyal and diligent board of directors. Irrespective of the order quantity, you can rest
assured knowing that our skilled and dedicated team members will produce the goods with high
quality and craftsmanship.’
Posh garment quantitative practices :
Technology and automation can play a critical role where the cost of investment can offset the
high cost of manual labour, low productivity and consistent quality. As to the future growth
plans, consolidation is a mantra to attain growth as increase the efficiency, diversify product
offerings, focus more on promoting products, manufacture more value-added garments and
export to non-traditional countries while also increasing the number of buyers.
Posh garment has a very flexible production platform and production team also has the required
skills and expertise to successfully manage smaller MOQs. But yes when it comes to the price
points, it is a challenge while dealing with the big brands and retailers in small MOQs but not as
much with the smaller played boutiques.
Today, the company has grown to become a fully compliant apparel manufacturer with 12
sewing lines manufacturing a wide range of apparel for men, women and children. It caters to
high-street retailers and brands, cutting across geographical locations, especially in Europe. Posh
Garments has a very flexible production platform and a highly skilled workforce, churning out
millions of pieces of garments in different fabrications.
Moving towards completing four decades of its existence, Posh Garments is more into value-
added garments rather than basic. Its primary product category is ladies’ blouses and dresses. It
recently started manufacturing skirts and women’s trousers, thus offering a wide range of
products in a single segment (ladies). The company was willing to increase its product range, as
buyers were looking for more products in one segment in one factory rather than going to the
different factories where only tops or bottoms are made.
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Fashion trend keeps changing and it demands garments to be made in a different color, in
different style, and various fabrication. Posh Garments is such a garment manufacturer in
Bangladesh which can manufacture a wide range of products. The core products of Posh
Garments are ladies’ blouses, tops, dresses, skirts, jumpsuits, loungewear, nightwear, or
sleepwear. We also manufacture girls’ dresses, tops, and skirts. For men and boys, we
manufacture casual wear shirts, boxers and boxer shorts, swim shorts, and sleepwear. Hotel,
school uniforms, and hospital uniforms are niche products that we manufacture and export to
many countries.
Posh Garments was incorporated as a n apparel manufacturer and an exporter in the year 1984.In
the early days, it was a small factory having 60 sewing machines. After operating for 37 years we
have now grown to a fully compliant apparel manufacturer with 14 sewing lines.
We have the management expertise, a flexible production platform, a highly skilled workforce,
and experienced staff to churn out millions of pieces of garments and export them all over the
world. After conducting a quantitative assessment of posh garments and import activities, the
following conclusions can be drawn:

1. Quality of Posh Garments: The quantitative assessment helps determine the quality of posh
garments being offered. By analyzing factors such as craftsmanship, materials used, and overall
product durability, we can assess the level of excellence in posh garments. This evaluation is
crucial in understanding the market competitiveness of such garments.

2. Consumer Perception: Quantitative assessment aids in gauging consumer perception of posh

garments. Through surveys, focus groups, and market research, we can gather data on factors
like brand reputation, customer satisfaction, and purchase intent. This information provides
valuable insights into how posh garments are perceived in the market and helps identify areas for
improvement.

3. Market Demand: A quantitative assessment allows us to analyze import activities and

understand the market demand for posh garments. By examining data related to import volumes,
trends, and consumer preferences, we can identify the demand for different types of posh
garments and determine potential growth opportunities.

4. Competitor Analysis: Quantitative assessment helps in evaluating the competitive landscape of

posh garments. By analyzing market share, pricing strategies, and distribution channels of
various competitors, we can gain a comprehensive understanding of the market dynamics. This
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information assists in identifying key competitors and developing effective strategies to stay
ahead.

5. Import Activists: In the context of import activities, it is essential to assess the role of import
activists. Quantitative analysis can provide information about the volume and impact of import
activists on the posh garment industry. By examining data on trade policies, tariffs, and
regulations, we can understand the influence of import activists and their implications for the
market.
So, overall, a quantitative assessment of posh garments and import activities helps us draw
conclusions regarding the quality, consumer perception, market demand, competitor landscape,
and the role of import activists. These insights are crucial for businesses operating in the industry
to make informed decisions, develop effective strategies, and capitalize on market opportunities.

conclusion
In conclusion, the quantitative assessment of posh garments suggests a robust demand, a
potential for growth, varying price points and profit margins, significant import activities, and a
competitive landscape. Businesses operating in this sector should carefully analyze these factors
to make informed decisions and maximize their success.
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Reference

1. https://www.textileinfomedia.com/business-info/Posh-Garments-Limited
2. https://bd.linkedin.com/in/posh-garments-155208142
3. https://poshgarments.com/
4. https://www.pinterest.com/poshgarmentsltd/
5. https://www.google.com/search?
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DMgkIARBFGDsYwgMyCQgCEEUYOxjCAzIJCAMQRRg7GMIDMgkIBBBFGDsYwgMyCQgFEEUYOxjC
AzIJCAYQRRg7GMIDMgkIBxBFGDsYwgPSAQk2Mjc1ajBqMTWoAgiwAgE&sourceid=chrome&ie=U
TF-8#ip=1