Strategic fit: model development and fitness analysis of a manufacturing unit

Abstract

Though Bangladesh is one of the largest garments manufacturing country in the world and there happened revolutionary changes more than four decades ago, they couldn’t achieve sustainable platform yet. The failure to achieve up to the requirement level for the competitive capabilities/manufacturing metrics is the common phenomenon for the manufacturers. Even there is an alarming issue that the manufacturers yet don’t know how they are affected by these failures and also can’t measure how much they are statistically fit. By being motivated from manufacturer’s failure, we worked on a manufacturing unit of a garments industry where we aggregated manufacturing metrics and determined how the manufacturers are affected by the failure of these metrics. This research work will conclude by proposing few models with their mathematical and graphical explanation. By using these models, the manufacturers will be able to determine their strategic fitness, security level, and associated loss/penalty.