Issues Involved in Maintaining an Effective Supply Chain in the Real Estate Industry of Bangladesh

Issues Involved in Maintaining an Effective Supply Chain in the Real Estate Industry of Bangladesh

World Journal of Management

Vol. 11. No. 1., September 2020, Pages: 28– 40

Issues Involved in Maintaining an Effective Supply Chain in the Real Estate Industry of Bangladesh

Surajit Sarbabidya

Being an important sector of Bangladesh Real estate industry is going through intensified competition among the market players with the mixture of favorable issues and unfavorable challenges. To cope with such situation, an integrated system of supply chain management has become a necessity for the balanced growth and development of the REI of Bangladesh. Though the earlier research studies found a very significant role of maintaining effective supply chain for the growth of the REI, many of these studies focused only on one or few of the dimensions of the subject matter. To fill out such knowledge gap left out by the previous studies, the present study aims to examine the issues which can ensure effective supply chain management for the real estate industry of Bangladesh. The current study is the result of primary and secondary data collection and their analysis which indicate a good number of facilitating issues or factors including integrated linkage of backward and forward suppliers, outsourcing or sub-contracting for cost effectiveness, land for development, high quality and eco-friendly building materials and products, utilities, renewable energies and the likes.