Communication Channels refer to the various mediums or pathways through which information is transmitted between individuals, groups, or entities. These channels facilitate the exchange of messages, ideas, data, or emotions, allowing for effective interaction and understanding among participants. Communication channels can take diverse forms, including face-to-face conversations, written documents, emails, telephone calls, video conferences, social media platforms, and more.
Published in Chapter:
A Study of Supply Chain Management Strategies and Challenges Through Systematic Literature Review
Copyright: © 2024
|Pages: 30
DOI: 10.4018/979-8-3693-1602-3.ch007
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.