Application of Blockchain in Ready-Made Garments Supply Chain: A Conceptual Model

Abstract

The global apparel industry is highly competitive, demanding innovation and cost-effective production models. Bangladesh, a leading textile exporter, struggles with long lead times (90–100 days) compared to rivals like China and Pakistan. Relying only on cheap labor makes it difficult to sustain market leadership, especially as Cambodia and Vietnam rise. The COVID-19 crisis accelerated blockchain adoption worldwide, particularly in apparel, where it enhances transparency, authentication, and efficiency, strengthening brand image and profits. Blockchain, introduced by Satoshi Nakamoto, offers secure, decentralized data sharing, preventing breaches and fostering trust. For Bangladesh, integrating blockchain into the RMG supply chain could reduce costs, improve stakeholder collaboration, and ensure competitiveness. Research highlights that traditional supply chains depend heavily on labor and contractors, but blockchain’s distributed ledger can streamline information flow among stakeholders. To maintain dominance in the digitized 21st century, Bangladesh must embrace blockchain, ensuring sustainability, customer satisfaction, and global relevance.