Innovative Supply Chain Management Strategies in Pakistan’s Textile Industry Amidst Global Economic Shifts

Article Information

Title: Innovative Supply Chain Management Strategies in Pakistan’s Textile Industry Amidst Global Economic Shifts

Authors: Allah Dad, Asmarah Ahmed, Nusrat Bibi, Syed Asad Hussain

Journal: The Asian Bulletin of Big Data Management (ABBDM)

HEC Recognition History

Category	From	To
Y	2024-10-01	2025-12-31
Y	2023-07-01	2024-09-30

Publisher: ASIAN ACADEMY OF BUSINESS AND SOCIAL SCIENCE RESEARCH

Country: Pakistan

Year: 2023

Volume: 3

Issue: 2

Language: English

DOI: 10.62019/abbdm.v3i2.86

Abstract

This study explores the critical factors influencing the competitiveness of Pakistan's textile industry, a key pillar in the national economy. Grounded in Resource-Based View (RBV), Institutional Theory, and Stakeholder Theory, the research formulates and tests hypotheses concerning the impact of technological advancements, governmental policies, global market dynamics, sustainability practices, and supplier relationships on industry competitiveness. Employing a stratified random sampling method, the study gathered responses from 371 industry professionals, ensuring a representative cross-section of the sector. Data was collected through a structured questionnaire and analyzed using advanced statistical techniques. Key findings reveal that technological innovation, supportive government policies, adaptability to global market shifts, sustainable practices, and robust supplier relationships significantly enhance competitiveness. These findings offer valuable insights into the complicated nature of industrial competitiveness, bridging theoretical postulations with empirical evidence. The study's implications are twofold: guiding industry stakeholders in strategic decision-making and informing policy-makers on fostering a conducive environment for industrial growth. Limitations include the study's focus on specific industry segments within Pakistan, highlighting the need for broader, possibly comparative, research in the future. The study's findings have profound implications for industry practices and policy frameworks, advocating for a holistic approach to enhancing the global standing of Pakistan's textile sector.

Disclaimer: The following sections are produced through an intensive multi-stage analytical pipeline developed by DefinePK, utilizing advanced natural-language processing, domain-specific knowledge models, and automated cross-referencing systems. Despite the rigor and computational effort involved, the generated summary may still contain inaccuracies or incomplete interpretations. Users are strongly advised to verify all critical information against the original paper and its authoritative sources.

Research Objective

To explore the critical factors influencing the competitiveness of Pakistan's textile industry, specifically examining the impact of technological advancements, governmental policies, global market dynamics, sustainability practices, and supplier relationships.

Methodology

The study employed a quantitative approach using a structured questionnaire distributed to 371 industry professionals in Pakistan's textile sector, selected via stratified random sampling. Data was analyzed using advanced statistical techniques, including reliability and validity assessments (Cronbach's Alpha, AVE, factor loadings) and structural equation modeling (SEM) to test hypotheses.

Methodology Flowchart

                        graph TD
    A["Define Research Objective & Hypotheses"] --> B["Literature Review & Theoretical Frameworks"]
    B --> C["Develop Structured Questionnaire"]
    C --> D["Stratified Random Sampling of 371 Professionals"]
    D --> E["Data Collection via Questionnaire"]
    E --> F["Data Analysis: Reliability, Validity, SEM"]
    F --> G["Hypothesis Testing"]
    G --> H["Formulate Key Findings & Discussion"]
    H --> I["Draw Conclusions & Implications"]

Discussion

The findings suggest that a combination of internal capabilities (technology, sustainability) and external factors (government policies, market dynamics, supplier relationships) are crucial for the competitiveness of Pakistan's textile industry. The study bridges theoretical postulations with empirical evidence, offering insights for strategic decision-making and policy formulation.

Key Findings

Technological innovation, supportive government policies, adaptability to global market shifts, sustainable practices, and robust supplier relationships were found to significantly enhance the competitiveness of Pakistan's textile industry.

Conclusion

The study concludes that strategic investments in technology, nurturing strong supplier networks, adopting sustainable practices, and supportive government policies are essential for enhancing the global competitiveness of Pakistan's textile sector.

Fact Check

* The global textile market was valued at approximately $920 billion in 2018 and projected to reach $1,230 billion by 2024.
* Pakistan's textile industry contributes around 8.5% to the GDP and employs about 40% of the industrial labor force.
* A sample size of 371 respondents was targeted, determined using the Krejcie and Morgan table.

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