Inventory management systems of small and medium enterprises in Bangladesh

Alam, Md. Kausar; Thakur, Oli Ahad; Islam, Fakir Tajul

doi:10.1108/ramj-09-2022-0145

Cited by 12 publications

(7 citation statements)

References 33 publications

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“…Exploring the influence of the regional context on the productivity and competitiveness of individual manufacturing firms in Spain, M.K. Alam et al proved the relationship between them and confirmed that enterprises achieve higher productivity growth due to their location in more competitive regions (Alam et al, 2023).…”

Section: Discussionmentioning

confidence: 99%

Assessment of the competitiveness of food products of Ukraine in the domestic and foreign markets

Musayeva,

Tanriverdiyeva,

Faradjova

et al. 2024

Bus Strat Dev

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This article conducts a comprehensive financial analysis of the competitiveness of confectionery producers in Ukraine within the global confectionery market context. It aims to assess the challenges faced by Ukrainian producers and propose practical strategies to enhance their competitiveness. The research employs various methods, including the construction of a competitive market map and the application of the theory of effective competition. Competitiveness coefficients are calculated to evaluate the performance of key players. A SWOT analysis is conducted to identify strengths and weaknesses, and potential measures for increasing competitiveness are proposed. The global confectionery market has reached $298 billion in 2021, but Ukrainian producers have encountered obstacles, such as the COVID‐19 pandemic, rising production costs and geopolitical conflicts, leading to closures and reduced exports. Roshen emerges as the leader with a 24.7% market share in 2022, although all major companies experienced negative growth rates due to the war. Competitiveness coefficients also position Roshen at the forefront, whilst several other plants demonstrate significant potential. The article's practical significance stems from its data‐driven analysis of competitiveness, providing valuable insights and strategies for managers to improve the production and export capabilities of Ukrainian confectionery producers in the face of global market challenges. Future research could explore sustainable competitive advantages and cost reduction strategies.

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Section: Discussionmentioning

confidence: 99%

Assessment of the competitiveness of food products of Ukraine in the domestic and foreign markets

Musayeva,

Tanriverdiyeva,

Faradjova

et al. 2024

Bus Strat Dev

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“…To investigate the application of digital technologies by small and medium enterprises (SMEs) in Bangladesh, a qualitative research approach is employed, involving in-depth interviews with 10 participants (Alam et al, 2023;Thakur and Alam, 2022). The participant selection involves purposive sampling to ensure diverse representation across industries and business sizes (Alam, 2021).…”

Section: Methodsmentioning

confidence: 99%

Application of Digital Technologies by Small and Medium Enterprises in Bangladesh

Thakur

2023

ICRRD Quality Index Research Journal

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Bangladesh, a country known for its rich cultural heritage and a population marked by entrepreneurial spirit, has witnessed a notable surge in the growth of small and medium-sized businesses (SMEs). Even though digital technologies are becoming more and more important for improving business processes, there is a noticeable lack of qualitative research that focuses on the opportunities and subtle difficulties SMEs in Bangladesh face when implementing and adopting digital technologies. This study aims to provide a comprehensive examination of the current state of digital technology adoption among SMEs in Bangladesh, exploring the diverse applications, challenges faced, and opportunities created. The study applied a qualitative research method. Data has been collected from ten participants to attain the research objectives. The study finds that digital technologies were used during the pandemic, as SMEs all over the world turned to online marketing, digital banking, e-commerce, and remote work to get by. SMEs in Bangladesh demonstrated their adaptability and resilience by utilizing digital marketing, mobile payments, and online platforms. The rise in online shopping is increasing during the COVID-19 pandemic. Although there are certain obstacles to overcome, like restricted internet access and cybersecurity worries, most people agree that SMEs can benefit greatly from the application of digital transformation.

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“…The study employed a qualitative case study method to attain the research objective. Data has been collected through semi-structured interviews from ten respondents (Alam et al, 2023;Thakur et al, 2022) as data is saturated due to no new findings (Alam, 2021). The participant selection involves purposive sampling to ensure diverse representation across industries and business sizes.…”

Section: Methodsmentioning

confidence: 99%

The Influences of Institutional Theory in the Development and Operationalization of Small and Medium Enterprises in Bangladesh

Thakur

2023

ICRRD Quality Index Research Journal

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The study aims to explore the influence of institutional theory in the development and operationalization of small and medium enterprises (SMEs) in Bangladesh. The study employed a qualitative case study method to attain the research objective. Data has been collected through semi-structured interviews from ten respondents. The study finds that various dimensions play a pivotal role in shaping the trajectory of these enterprises. Isomorphism, operating through coercive, memetic, and normative mechanisms, further underscores the complex interplay of institutional forces. Coercive isomorphism introduces challenges such as financial stringency, complex loan structures, non-banking support, and mandatory restrictions. Memetic isomorphism, rooted in community support, cultural development, and tradition, shapes the identity of SMEs, influencing their operational choices. Normative isomorphism drives struggle for industry recognition, financial independence from bank loans, and collaborative efforts within the SME ecosystem. Institutional norms, emanating from the broader institutional environment, intricately shape the behaviors and decisions of SMEs. This comprehensive analysis sheds light on the nuanced dynamics that SMEs encounter in their developmental journey in Bangladesh. Recognizing and adapting to these institutional nuances will empower SMEs to navigate challenges and leverage opportunities, fostering a more robust and sustainable entrepreneurial ecosystem in the country. The concept of legitimacy, spanning financial, loan, government support, operational, and certification aspects, emerges as a cornerstone for SMEs to establish credibility and acceptance. Understanding and navigating this multifaceted legitimacy landscape are critical for SMEs to secure the necessary resources for growth.

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Inventory management systems of small and medium enterprises in Bangladesh

Cited by 12 publications

References 33 publications

Assessment of the competitiveness of food products of Ukraine in the domestic and foreign markets

Assessment of the competitiveness of food products of Ukraine in the domestic and foreign markets

Application of Digital Technologies by Small and Medium Enterprises in Bangladesh

The Influences of Institutional Theory in the Development and Operationalization of Small and Medium Enterprises in Bangladesh

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