Walmart is willing to increase sourcing from Bangladesh. Andrea Albright, Executive Vice-President (Sourcing) of Walmart stated this during a recent meeting with Salman F Rahman, the Prime Minister’s adviser on Private Industries and Investment, at Rahman’s office in capital Dhaka.
Walmart plans to enhance procurement considering Bangladesh’s attractiveness as a profitable sourcing destination.
Albright noted that Walmart has historically sourced clothing from Bangladesh, although there was a brief drop in supply during the COVID-19 outbreak.
She expressed confidence about the near future expansion into other product categories as well as an increase in the number of clothing products imported from Bangladesh.
Paul Dyck, Walmart’s Vice-President for global government affairs and business diplomacy, as well as other high-ranking officials, attended the meeting with the company’s executive vice-president of sourcing.
For his part, Walmart’s advisor to Prime Minister Sheikh Hasina pushed the company to source more goods from Bangladesh, including electronics, food items, packaged spices, jute products, and manufactured clothing.
Additionally, Salman F Rahman underscored the global compliance standards maintained by Bangladesh’s garment manufacturing units, emphasizing enhanced workplace safety measures even as he noted that many factories have met the world’s highest compliance standards, signifying the industry’s commitment to quality and safety.
Albright noted that Walmart has historically sourced clothing from Bangladesh, although there was a brief drop in supply during the COVID-19 outbreak, and she stated her confidence about the near future expansion into other product categories as well as an increase in the number of clothing products imported from Bangladesh.
