Needed: A New Way to Manage Risk in Low Cost Countries
NC State SCRC
AUGUST 23, 2017
By deploying the “fast fashion” business model, the apparel industry began to outsource garment manufacture to suppliers and subcontractors in low-cost countries, such as China, India, Vietnam, Malaysia, Pakistan, and Bangladesh. But as any buying agent who has visited Bangladesh knows, things aren’t much better when you visit factories in other parts of Asia, including Myanmar, Pakistan, China, Indonesia, or India.