Ready Made Garment (RMG)

12 Pages 3025 Words

VALUE ADDED HUMAN RESOURCE INITIATIVES FOR READY MADE GARMENT(RMG) SECTOR TO COMPETE IN POST-MFA ERA.

ABSTRACT:

RMG sector contributes 80% of our export earning. This vital sector developed in our country taking the advantages ensured by Multi-fiber agreement (MFA) done in 1974. But as part of the liberalization of trade and open-market economy, World Trade Organization set December 31, 2004 as phase-out of MFA on textile and apparel products. As a result, no quota & no more guaranteed access are available now. Market forces will determine who will survive, sustain. So, to have a competitive edges, RMG producers are trying to integrate ingredients like backward linkage facilities to reduce cost, lead-time, large production capacity to meet requirements of high-volume clients, highly-qualified management team to earn efficient & reliable production and better customer relationship. So it is necessary to have right technology, large investment, smart management and efficient & motivated workforce.

Human resource management (HRM), therefore, is getting a heightened aura of importance in RMG sector which actually was not considered important previously. When order was determined by quota, the need for right person for right job in a right working condition was less. But No longer.
The data we collected on leading and sound RMG exporters also support this idea. The message is simple: a proactive Human resource department is present and a basic requirement.
Propelled by clients requirement, leading RMG firms’ HRM are getting more formalized, transparent and extensive to ensure productivity & quality, social accountability and ethical business practices.
The results, as we found out by consulting HR personnel, are proactive HR department and fresh initiatives in areas ranging from recruitment to Human resource audit.
Major initiatives includes inclusion of HRD in organizational hierarchy headed by a director/ administration & e...