A Study of Supply Chain Management Strategies and Challenges Through Systematic Literature Review

Abstract

This study attempts to understand current strategies and difficulties by providing a systematic evaluation of the literature. This work employs an approach that involves a systematic literature review of 138 English-language peer-reviewed journal articles. The research reveals sixteen supply chain strategies and challenges faced by Bangladesh's RMG industry. The report highlights the necessity for flexible tactics and data-driven analytics in light of the industry's difficulties with demand forecasting. Relationships between buyers and suppliers are crucial and require open communication and customer-focused strategies. Stakeholder interactions are improved via real-time technology-enabled communication channels, guaranteeing consumer happiness and quality. The study also emphasises how reluctant the sector is to accept new technologies, arguing in favour of funding for R&D, staff development, and creative problem-solving. It does this by emphasising the value of proactive risk mitigation and robust risk management frameworks.