SM Knitwears

About us

SM Knitwears Limited (SMKL) was incorporated as a Private Limited Company in Register of Join Stock Companies and Firms of Bangladesh vide license no. C-43813(353)/2001 on 22 August 2001 under the Companies Act, 1994. Subsequently, the existing local industrial project has been duly registered at Board of Investment as a Joint Venture project which registration number is J-18111202010-H

 

Subsequently, the shareholders approved conversion of the Company from Private Limited to Public Limited Company in their Extra Ordinary General Meeting held on 22 June 2018. The registered office of the Company is situated at SM Tower, House 14, Road 2, Sector-3, Uttara Model Town, Dhaka- 1230 and its Corporate Office situated at House# SE-04, Road # 137, Gulshan Circle-1, Dhaka-1212. The factory of the Company is located at ShirirChala, Bhabanipur, Gazipur, Bangladesh.

 

The principal activities of the Company is to manufacture and marketing of 100% knitwear readymade garments. The entity is a 100% export oriented industries. The Company is working with reputed brands including next, Zara, Hang Ten, Toray, Dunnes Stores, Bench.,Soulcal& Co, Splash, NKD, Carrefour, Sportsdirect.com, The Edinburgh Woollen Mill, River Island, LPP SerwisFirmowy, Aubainerie and Lidl.etc.

 

The Company has washing and finishing unit in the same boundary and own accessories unit for polybag, elastic, draw string and carton. we are a compliant factory based on several certificates and awards. SM Knitwears Limited is also accord audited and active member of BKMEA &BGMEA.

                                                                                                                        

The Company’s strategic objective is to improve and consolidate its position in RMG industry with a continuous growth philosophy. The diagram below representsSMKL’scontinuous growth philosophy being implemented on a day today basis.

Operational excellence

Geographical expansion

Focusing on value added product

SMKL continuous growth philosophy is being driven with the strategic levers of operational excellence, strengthening existing services, customer satisfaction, ecosystem development, innovation and marketing.

 

Operational excellence

The Company has been continued to invest in operational excellence throughout the organization. The Company are addressing operational excellence through continuous process improvement, customer service and technology development. Alignment of its people to ‘process improvement’ through change management and upgrading of skills as required for customer satisfaction is a continuous activity. Awareness of this quality commitment is widespread among all the employees.

 

Geographical expansion

SMKL cater to a large number of clients throughout the world and in different region. SMKL Exports are majorly concentrated in Europe, especially Germany, UK and France and also inAustralia and USA market. SMKL intend to supply to other European countries. Africa, South America, East Asia and also intend to enter other emerging market of the world over the course of time.

 

Through a combination of increased capacities, reduced costs, wider range of products adhering to global standards, marketing initiatives, competitive pricing and more efficient use of resources, the Company intends to expand its global footprint and become a preferred supplier for large format international retail chains and institutions.

 

 

 

Focusing on value added products

With the well balanced narrow and wider width processing facilities, the Company will be technically capable to focus on value added products. Value added products command premium pricing which would have a positive impact on its margins.

Distribution strategy

SMKL have a strong distribution channel. A competent commercial department works for long time so that proper commercial arrangements and documentation are done at the right time to ensure timely shipment of goods.

 

Pricing strategy

At the global economic recession, fierce competitive pressure is on the RMG product prices especially by the countries like China, India, Sri Lanka, and Vietnam. Keeping this mind, SMKL’s objective is to reduce the production cost by optimum use of its production facilities. The Company also wishes to extract premium prices from the customers by offering superior product quality at a later stage.

Branding & promotion strategy

The Company maintains good relationship with its customers. It is continuously exploring new potential market. The Company has been participated in the trade fairs both local and international. It shall also take other branding and promotional strategy. Highly competent merchandisers’ team working who are effective bridge between the production team and customer so that customer requirements are rally through perfectly.

 

Strategy for business competiveness

The Company is driven by buyer need and demand. By satisfying buyer demand on time its gain on competitive advantage over the others competitors. The accreditation certificate achieved by the company was proved its performance to meet up demand with utmost satisfactory of buyer.

 

Market strategy  

SMKL .has been established nearly 21 years. Having the industry knowledge of the sponsor, SMKL has been focused on its business and successfully established the name as a world-class Garment Manufacturer under one roof having a composite facility of knitting, fabric dyeing, printing, washing and finishing up to garments making. Making it a right choice for one stop solution for all kinds of knitted garments.