Fduyt Eo9uwiof J
By: dsnkjhch • Essay • 517 Words • May 17, 2011 • 1,868 Views
Fduyt Eo9uwiof J
Opportunities
1. Economies of scale:
Pakistan Textile City in Port Qasim, Karachi with an area of 1250 acres, will be completed in 2011 as a private public sector joint venture. The main purpose of the textile city is to provide the textile industry with the world class infrastructure to meet the global competitiveness and challenges and as to provide value added textile industrial zone. Its main features include one way window operation, constant supplies of gas and water, and uninterrupted power supply.
2. Branding:
Targeting the unexplored export markets with the help of aggressive sales and marketing will pave the way for the textile growth. It's all about hunting your opportunities with the handful of colorful lollipops.
3. Global ties:
By making partners with the foreign companies, companies will be able to learn a lot from them in terms system orientation, supply chain and it would be feasible to import latest technology. We can also reduce our costs, comply with the international standards, add value to our products, easiness in marketing our products in different foreign regions, improved labor and thus catching up with our regional competitors.
4. Re-engineering of production system:
Information technology has a crucial role in manufacturing sector. Acquiring state of the art machinery is though very much expensive, but a very fruitful and necessary measure to stay competitive in the long run. It is the level of trust, the exporter builds with its customers by giving them flawless products, made on state of the art machinery. Once this trust is developed, there is no other way than any unforeseen exception, that you may lose a customer to another competitor. Therefore, its highly recommended to produce with great efficiency, minimizing the wastage of the raw material, energy resources and thus reducing the cost of production.
5. Producing high value products:
It's better to export yarn than raw cotton.