Analyzing Raw Material Procurement Risk in the Supply Chain Management of Bangladeshi Readymade Garment Industry

Raw material procurement in the Bangladeshi ready-made garment (RMG) industry, a crucial sector of the national economy which highly relies on imported materials. This study has been done using qualitative approach, conducting content analysis of existing literature, including peer-reviewed journals, reports, and online media, to identify and analyze the challenges faced by the RMG sector in procurement of raw materials for production. The study finds out a range of raw materials procurement risks, categorized by their impact levels. High-impact risks include destruction caused by the COVID-19 pandemic, price volatility in the global market, changes in bond policies, and geopolitical tensions. Medium-impact risks enclosed issues such as the procurement of low-quality raw materials, importer-imposed sourcing restrictions, customs delays, theft, and dumping. The study acknowledges limitations due to its reliance on secondary sources and not conducting it on the basis of primary. However, the findings provide valuable insights for industry leaders, policymakers, manufacturers, and exporters, highlighting the need for strong risk mitigation strategies, improving supplier relationships, and technological integration to enhance supply chain consistency. This study contributes to the policy makers and industry leader’s knowledge specifically addressing raw material procurement risks in the Bangladeshi RMG sector. By identifying and analyzing these challenges, the research offers practical implications for industry stakeholders to improve procurement processes, reduce procurement risks, enhance consistency, and ensure the sustainable growth of this vital economic sector.