An Analysis of the Performance of the Compliance Operations of Nice Denim Mills Ltd.

Abstract

More than 78% of Bangladesh’s export earnings come from the garment and Textile industry. The garments sector has a greater potential than any other sector in terms of employment and foreign exchange earnings to reduce poverty and make a contribution to the national economy. Two thirds of country’s labor force (approximately 4 million) is engaged in this sector, of which almost 85% are women. So it can easily realize that Garments Sector is the most vital part of our country. To get proper work output from garments employees and workers they always requires basic worker rights, safe working environment, and health, hygienic, enhance job security and improve their terms of employment in overall local and global laws. All the legal demand of employee and workers perform though the Compliance department. That is why compliance department consider as an important function in Garments and Textile Sector. The Nice Denim Mills Ltd has been formed in 2013 and since then enhanced to its journey with the obligation to the society to build wealthy Industrial backbone for socio-economic enlargement of the country. After nearly four economic years, it has established a number of diversified and possible buyers through the world for marketing and manufacturing of a wide variability of customers and export oriented products. Nice Denim Mills Ltd ensures satisfactory training and appropriate work to increase skills of the worker and employee and productivity. For the successful 3 years journey of compliance department, the garment has got the membership of BSCI. Nice Denim has been following Bangladesh Labor Act 2006, BGMEA code of conduct and BEPZA Instruction-1, 1989 to perform their compliance operations. The report has been made on the basis of my three moths piratical work experience in Compliance department at Nice Denim Mills Ltd. My study objective is to gather broad knowledge on overall compliance practices maintained by this factory and performance evaluation of compliance department. In this report I tried to cover a short profile of Nice Denim Mills Ltd. and major consumers of this textile. And it also includes tasks of a Compliance officer, my action and the problems that I faced. In addition, I evaluate the presentation of compliance department according to numerous audits. And my three months practical work experience as an intern at compliance department. Apart from this here I explain all ten issues of compliance. I recommend and mentioned the findings through the study of Performance evaluation of compliance Procedures at Nice Denim Mills Limited. Finally I tried to give an indepth analysis for every factor, which relates to compliance department from the perspective of employees and workers satisfaction and dissatisfaction.