• Monday, Nov 29, 2021
  • Last Update : 02:19 am

Textile Focus initiates monthly online dialogue 'Logic Presents Focus Talk'

  • Published at 07:10 pm November 20th, 2021
Focus Talk

The session has been designed to discuss contemporary industry challenges with respective expert panellists from the industry

Textile Focus, being one of the leading textile industry development firms and media has initiated a special online dialogues session “Focus Talk- focusing solutions”. 

Textile Focus has designed the session to discuss once a month focusing on contemporary industry challenges with respective expert panellists from the industry, according to a press release. 

The discussion and findings will be widely circulated via online streams, hard copy magazines and social media platforms. 

This special webinar series is sponsored by reputed technology provider Logic Software Limited, a sister concern of Asrotex Group.

The second episode of the “Logic Presents Focus Talk” webinar titled “Value Addition through Product Diversification” was held on November 20, from 3.30 to 4.30 pm through the Zoom platform. 

Md Shafiqur Rahman, president, ITET and managing director, HAMS Group; Sheikh M Mustafiz, managing director, Cute Dress Limited, and Mofazzal Hosen Pavel, managing director of Dongyi Sourcing Limited were the guest speakers of this dialogue session. 

The whole session was moderated by Maeen Md. Khairul Akter, managing editor of Textile Focus and Assistant Professor, Bangladesh University of Textiles.

The objective of this session was to discuss how the industry is coping up with the profitability problem of the RMG sector and how to ensure better value addition through product diversification.

Md Shafiqur Rahman stated that we need to transform from only cotton-based products to more value-added synthetic products like sportswear and activewear. 

He also outlines the policy supports provided by the government to sustain the RMG industry and identified some areas to immediately take care of for the betterment of the backward linkage industry. 

He said: “We are getting huge work orders at this moment due to different global business dynamics, however, we need to capitalize on the opportunity vigorously.” 

He also emphasized the importance of industry-academia linkage and research development activities in the industry as well as institutions to impart value-based solutions.

Sheikh M Mustafiz illustrated how it is possible to get better prices from the retailers if value-added products can be done. 

He shared his experience, how he strategizes to choose value-added orders and how he maintains a good margin with his innovative factory operation. 

He said: “It is very possible to get better prices from buyers if you can offer better services like better led-time, superior product quality and great correspondence to the customers.” 

He emphasized the utilization of resources more innovatively for better outputs.

Mofazzal Hosen Pavel, who is an owner of a sourcing house having long experience working in the retail industry, explained how proper design, development and branding can transform RMG business. 

He suggested emphasizing R&D saying: “If you smartly invest in R&D, I guarantee it will provide you manifolds.” 

He also discussed how to get better prices from the buyers quoting that buyers do not hesitate to pay better to companies who have comprehensive design and product development capacity for better and seamless services. 

The session ended with praises for Textile Focus for continuing industry development activities in an innovative way. 

Facebook 76
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail