MIT Solve

Solution overview

Our Solution

Garmentexbd

Tagline

One stop solution for Garments and textile business

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Problems:

1.There is no specialized B2B Business platform for Garments & Textile.

2.There are huge trade gaps and trade barriers exist in this sector.

3.Lack of sufficient product or supplier information for sourcing.

4.Lack of unified platform in this sector where anyone can find updated information or profile of manufacturer or supplier.

Solution :

1.Web and mobile application based marketing platform can minimize the trade gap or trade barrier in different stages of market segment.

2.Online B2B marketplace could be a business hub for source or sell product.

3.Online directory will provide updated and detail information of manufacturer or supplier.

Impact On Bangladesh :

Bangladesh is the 2nd largest RMG exporter in the world worth around $31 billion .If our proposed plan will stand,production cost and time could be minimized and could overcome any competitor challenges.

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What is the problem you are solving?

Despite of huge market share of ready made Garments in global market and our 83% of total export earning come from this sector, we don’t have any online marketing platform of our own. In traditional market system sourcing availability is limited and cost price is higher for multi label marketing system. Bangladeshi Garments industry is already facing a threat of ordering because of cost and lead time. Buyer are turning their order to our competitor. Our whole economy and 4 million of workers,all stakeholders in this sector will be in trouble if this sector is affected in anyhow.

Who are you serving?

People who are directly or indirectly involve with RMG and textile sector will be benefited. Any type of buyer can source their product, Supplier or manufacturer will get buyer, merchandiser, procurement manager,engineering support manager after all any concern people who are responsible for source or sell can be benefited by using our platform.Our career platform will be helpful for job seeker and employer.

What is your solution?

Garmentexbd is a platform of one stop marketing solution in garments and textile sector where any business entity can post a product details to source or sell so that it will create an opportunity to enter a competitive market. Moreover, any member can post add of product or company to promote .

However,this is a web and mobile application based B2B online marketing platform in garments and textile sector for being together with buyer, seller, manufacturer, supplier and visitors focusing on their product, offering concession, promotion, and other activities to attract their customers. Any Business entity can create a profile highlighting their products, latest product with price, current auction, contact details, clients, nominated suppliers, compliance issues, factory certification, award, management team, career etc.

Each registered company can receive notifications to its provided e-mail address. Each registered firm can enjoy rating service in its own page created by the individual firm in the website. Buyers can quote about a product via Get Quotation, Send Inquiry, Send Private Messages and Comment options.

Garmentexbd provides a login or user panel to each individual company registered as its member, through which the user can edit or upload any information or image on his/her profile. All of their information and quotation are confidential and will be viewable only to them. This helps maintain confidentiality.

Every individual supplier will get unbelievable power to share and express his/her latest news, views, offers and any kind of Business activities. Buyers and Suppliers can contact each other through the updated and latest information details provided under each company’s profile.

Select only the most relevant.

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

Where our solution team is headquartered or located:

Dhaka, Bangladesh

In which sector would you categorize your solution?

Manufacturing, Production, & Distribution
Technology