SG7001 Managing Strategy & Operations and Partnerships Assignment Sample 2024
Recommendations | In the world of apparel and textile production, Thailand is often ignored as a location. Despite this, the country is home to one of Asia’s most advanced industrial hubs for the manufacture of apparel and textiles. For example, some textile companies in Thailand produce in small quantities and provide valuation solutions such as design and other associated services, in contrast to companies for most other Asian nations.
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Justification | One of the most significant contemporary problems facing Thailand’s textile and clothing sector is a lack of local demand, which is mostly driven by a lack of domestic buying power. As a result, Thailand is forced to sell its textile and apparel goods in international markets. Another significant issue in the country’s clothing manufacturing is a scarcity of raw materials. For example, Thailand’s textile sector uses about 500,000 tons of raw cotton each year, but the country is only able to produce only 2 percent of the raw cotton it needs to meet its demands.
Although faced with a variety of difficulties, the World Federation of Thai Textile Industries is optimistic that the country’s textile and clothing sector has significant intention to enhance and create more value in the future, due to new regulations implemented by the government in 2016. As a result of the new promotional efforts, Venture capitalists have shown an interest in establishing textile manufacturing facilities in Cambodia for medical applications and in establishing Thailand as a regional center for revolutionary clothing and medical equipment.
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Potential implications | The environmental effect of the textile and apparel industry extends beyond emissions to other aspects of the environment. Waterways are polluted by the dyes used in the production of hazardous chemicals. Habitat loss occurs as a result of the gathering of resources for wood-based textiles such as rayon, modal, and viscose, among others. The textile sector contributes significantly to air pollution, which is a major source of concern. Pollutants are produced by boilers, thermopacks, and diesel generators, which are then discharged into the atmosphere. Sulfur dioxide (SPM), sulphur dioxide gas, nitrogen oxide, and other pollutants are all produced as a result of the combustion process.
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