Bangladesh Sourcing: Pros and Cons

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Bangladesh Sourcing Pros and ConsBy
http//www.dragonsourcing.com/
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Introduction
Bangladesh sourcing can be very profitable for
you if you know how to do it properly. Bangladesh
sourcing has many advantages. On the other hand,
Bangladesh sourcing also has various difficulties
or disadvantages. If you know how to make all
cons turned into your advantages, then everything
will be very smooth for you. So in this PPT, we
will be discussing about various advantages of
Bangladesh and also many difficulties that you
should know about. Let us first discuss about
advantages.
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Cheap Farming Materials
The landscape of Bangladesh is very farming
friendly. Bangladesh is rich in farming products.
You can get very affordable, but good quality
agricultural products like jute, silk etc.
Farming products can be very hard to access in
some countries. However, if your business is
dependent on agricultural products, then you can
surely depend on Bangladesh. Bangladesh
government is also very supportive towards
exporting farming products.
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Skilled Man Power
In USA the average salary / hour for each person
is minimum 7 USD. In Bangladesh minimum salary
is less than 1 USD. You can get very affordable
and huge man power. Also the demographic in
Bangladesh is favorable towards quality man
power. Almost 60 of the population is less than
25 years old. That makes Bangladesh a huge pool
of energetic man power. Also people in
Bangladesh are educated in an average. They are
also very tech savvy. Thats why teaching new
technology in Bangladesh is very easy.
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Fishery Products
As Bangladesh has a long coast line, the fishery
industry in Bangladesh is always flourishing.
Bangladesh is blessed with many rivers. Thats
why Bangladesh is one of the main hubs for
exporting fishery products. Hilsa is the most
primary fish that Bangladesh exports to other
countries.
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Disadvantages
Language - Although many people know English,
still the quality of English school is much lower
than other Indian sub continent countries. You
should always get help from sourcing agencies to
communicate with people in Bangladesh. Although
they are eager to learn about English, it is not
quite feasible to teach English for work.
Political Condition - Right now Bangladesh
is politically stable country. However, we have
noticed many times the political condition in
Bangladesh gets upside down. The political
condition in Bangladesh is now being stabled by
neighboring countries. However, the tension
between India and Pakistan, sometimes affects on
Bangladesh which may affect on production.
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Electrical Power
Probably the most primary disadvantages of
Bangladesh is the power problem in this country.
The Bangladesh Government is always active to
solve the problem. However, almost every day
production factories gets affected by lower
supply of electrical power. Although India and
Japan is investing in Bangladesh for power
stations, we are not really sure when the
situation will be actually solved.
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