A Study on Commercial Activities in a readymade garments; understanding LC & shipment procedure to export goods of Aboni Knitwear Limited.

Abstract

Aboni Knitwear Limited is a principal concern of Babylon group the trusted name with the true spirit of ethical business in RMG sector in Bangladesh, was founded in 1986 by five boards of directors. From the very beginning of its journey Babylon Group excels in every aspects of backward and forward linkage industry associated to RMG sector and absolutely Aboni Knitwear Ltd. is core successful fortune of this organization. Aboni Knitwear Ltd. was established in the year of 2002 and still upward with reputation. Aboni has already established value intention on its buyers mind. All the stakeholders associated with have strong value chain relationship. Aboni Knitwear Ltd. emphasis to ensure best product quality with minimum lead time as per buyer requirement by increasing efficiency, reducing defects and consistent pursuit of improvement, profit comes as a logical consequence. Aboni Knitwear Ltd. believes in sustainability by implementing waste management and great care for environment. Continues training and assessment make employee more productive and skilled especially women becomes more powerful. In this report, I have given best effort and great prominence to know the basic function of commercial department as to get the best understanding in details about export procedure of shipping & logistics, creating LC and its incoterms in addition to all the required documents for exporting goods. Also I would try to link up others department working association with export goods and so many. I have also organized some limitations that I faced during my short tenure and finally tried to find out some suggestions how to improve existing working procedure for shortening the export documentation process. Besides that try to describe work procedure of other departments’ like- Merchandising Department, Industrial Engineering Department which are mostly connected with commercial department by their working Process & responsibilities to fulfill all the procedure done to export goods and secure our export revenue.