TEXNEED
The problem that we are committed to solving:
In bangladesh textile & RMG sector faced critical issues day by day . People have less time to sourcing & Delivery Order of RMG. by themselves and there is a gap of B2B professional service providers and online medium/platform to help for these services.
We’re bringing the convenience of trusted and quality service at Textile & Garments manufacturers this relevant field. through our platform while creating innovation and support for the textile & apparel sector to compare current market situation, physical condition of raw materials,connect with innovative sustainability of this sector.
The solution we are proposing:
- 1. By providing services at online which is easy to accelerate business of Textile & RMG Manufactures.
- 2. By ensuring sourcing of Raw materials,textile waste & services .
- 3.By offering free access to procurement and marketing transparency.
- 4. By offering connect to global market of RMG Buyer/Seller .
What is the scale of the problem in the communities we are working in, and in Bangladesh broadly?
The global sourcing market for ready made garments value of as 8 hundred billion US dollar par year. There is BANGLADESH Market change about 15% each year. Due to low sourcing power, customs problems ,transport,quality of product, compliance pressure & Lead-Time management . Search for the right partner is a permanent process. so that why Bangldesh manufacturers are faced difficult problems such as high pricing , quality full raw materials & service.
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( bangladesh-gdp-growth-annual-forecast )
How many people are affected?
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( 4.4 millon workers earn their live hood from this industry in bangladesh)
The contributing factors to the problem that relate to our solution?
User:
1.One-stop Solution for sourcing and commutation
2.open source of comparability & completeness .
Service Service Provider:
1. less Dependency on third party investor/ middle man.
2. Sustainable solution and making connection across the glove.
- How are you working with them to understand their needs and participate in the solution?
1. Evaluating our experiences & needs.
2.Observing the market problem;
3. Conducting survey with users;
4. Getting customer feedback;
5. Having customer experiences through phone calls, Emails,virtual massaging .
How will the solution address their needs?
1. By providing services at online which is convenient ;
2. By ensuring current Trends which has a gap in textile & RMG market;
3 By offering new innovative product or service add additional value to the users.
4. By maintaining professionalism what is always required by users;
Product or services we are providing to the population you are serving/working with?
- We are offering 54 types of sub category under 9 main categories and these are; and included service of textile use able waste/machine buy/sell, Direct Garments order matching section .
- Spinning
- Weaving
- Knitting
- Dyeing
- Garments
- Printing
- Garments Washing
- Garments Accessories & Trims
- Packing & Fishing
subcategory each Main catagory are:
Chemical
NEW Machine
Old Machine
Machine Parts
Raw product
Finished product
Wastage & Others
- What processes and technology, we are you using? Process for buyer:
- visit website > Register> Select the category> fill the basic information > start sourcing & Place an Order.
Process for Service seller :
- Get register> Get verification from Texneed platform >complete information of service or product > maintain digital showroom> Get payment and rating> give commission to texneed
- Increase opportunities for people - especially those traditionally left behind – to access digital and 21st century skills, meet employer demands, and access the jobs of today and tomorrow
- Support underserved people in fostering entrepreneurship and creating new technologies, businesses, and jobs
- Technology
Banglaseh next goal set into ICT sector but bangladesh already in a strong position in RMG sector. i continue study in textile last 10 years. there is a huge opportunity to take a outplace for collaboration work of ICT & Textile & apparel global market.
What makes our service innovative:
. Textile & Garments related Manufacturers and buyers meet in one click.
. Access to Complete and comparable verified
. Customer Service
. Insurance on Service
. Variety of Services
. Secured Services
. Quality Service
. Convenient Services
. User friendly
. Variety of Product.
people are getting convenient and quality full Textie RAW materials , product ,service at Texneed.com
users would be hassle free to have their day to day services. Service providers will have more customers to grow their business.
Texneed help to connecting with buyer and manufacture any time any were across the world. service providers will manage their business virtually and in a big global market from bangladesh . thats why i expect my solution to address the problem .
- Middle-Income
- Bangladesh
- India
- Nepal
- Bangladesh
- India
- Nepal
- 1.The current number of people we’re serving is 2K+
- 2. The number you’ll be serving in last one year is 10K+
- 3. The number you’ll be serving in five years is 100k+
I will work for sustainability And innovated product for futuristic textile and Fashion Market.we Try to create a strong community and marketing team . we want to grow a largest online textile related gateway provider in south asia and collect export import fulfill value for our country. hope reach the success ambition of the government- 2024. our vision collaboration with ICT & Textile-apparel reach us a great full position in future.
After 3 years of research an developing idea texneed now sufferd fo investment issue. day by day textile global market was changed. a strong team member and complete workplace with in one years.and next five years Challenge for me to the fight for global competitive market.
following planing for making extreme strategy for overcome barriers .
1. full-fill trained our marketing team
2. Make some funding ( grand/ invest money)
3.make strong community of bangladesh textile community .
4. Try to Get support from BGMEA , BKMEA , BIDA , ITET , ATET, IDB another government supporting point.
- For-Profit
11+ total Team member
1+ Full Time
10+ in Technology & Marketing Team
My Team Experienced for textile and IT both side. not only this some are the freelance at Tspring( largest tshirt marketing platform) some are market researcher . we are know about function of textile & garments related strategy.so we can prove combination and Finding Technical issue of this sector , like how to be operate textile marketplace and product category in bangadeshi field .
HISTORY OF TEXNEED
Founded as for Organic sourcing in 2016,Now Texneed Try to exchange connected with globally trough digital marketing. that works closely with all sectors of the textile supply network. Texneed.com identifies and shares best practices regarding Buy/sell /compares all kinds Textile Raw materials and search sutainble products, created garments buyer network around the world .
Texneed will provide the knowledge and tools the industry needs to make significant improvements in core areas, Raw Materials, Integrity and Standards, Supply Network. We Try to developed several important industry standards, including the Global Recycled & Sustainability.
Did you know the global sourcing market for ready made garments value of as 8 hundred billion US dollar par year. There is BANGLADESH Market change each year. Due to customs ,transport or compliance pressure.
It will starts with detail profiles of both sides. Manufacturers and buyers. Complete and comparable verified company only. The new and unique matching logic not only considers have category such as production ,sustainable circle factor's like buy and sell used machine , equipment , wastage of textile.
Texneed is the digital textile & garment sourcing platform . That match right partners and create closeness in a total new way .
We have planed for rising business and now actively seeking grants. We are transforming our business model from focusing only on Marketplace and Marketing door to door, for Garments buying house , Brands , manufacture, sustainable textile procurement departmentt and Business to Business -B2B Support. Now, Texneed has 2 revenue channels; Marketplace and promotional activities which will ensure our financial sustainability. and we will reach our goal.
I am applying this challenge to get explor my ideas And some funding and some others supports as like to get mentoring and exclusive partnerships for the growth of our business.Hope this Marketplace & sourcing Network can help to economic growth and also helpfull to solve young unemployment. Textile & Informetion technology (IT) collaborated into my project and i hope it gives benifited result for Bangladesh economy.
Tiger it challenge is very exiting challange for me . i seek this types of program/platform for develop & explor role of my Business network .
- Technology
- Business model
- Funding & revenue model
- Monitoring & evaluation
1.Partnering with the MIT group of researchers those are working on technology;
2. BGMEA / BKMEA who invest for futuristic digital flow of Textile sector.
3.Platforms which are working to bring the change of Textile & apparel sector.
4. Platforms which are working for mentoring to get the fund for start-up;
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Trends Analyser & Planner Textiles -Apparel sourching Platform