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Levi Strauss: Incentive Schemes for Suppliers in Bangladesh

   

Added on  2022-10-10

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CASE STUDY - 2
STUDENT DETAILS
Levi Strauss: Incentive Schemes for Suppliers in Bangladesh_1

Levi Strauss 1
The company is introducing new incentive schemes for their suppliers so they can meet with
the particular nation’s worker laws, giving protection to the environment and meeting with
appropriate safety standards. In this essay there will be a discussion about the company’s
scenario which happens in the Bangladesh and recommendations will be marked for the
overall goal of sustainability.
I accept the endeavours by Levi Strauss could help settle the sort of issues that prompted
calamity in Bangladesh, however, if the nations where the company is found turned out to be
stickier with their safety standards, environmental protection and labour laws. Worldwide
organizations and those organizations they work in the country need to know that on the off
chance that they don't comply with the law, at that point they will be monetary and criminal
punishments (Barua & Ansary, 2017).
Levi Strauss & Co. introduced additional financial incentives for their suppliers to bring a
positive change in countries like China and Bangladesh. The 2013 collapse of Rana Plaza
factory in Bangladesh, bring updates financial incentive idea in the mind of the management.
As per the company’s policy the supplier who utilizes effective safety standards, worker laws
and environment protection standards (Sharma, 2015). As per the perspective of the
company, such kind of incentive policy will force the factory owners to improve their
working culture.
Due to inappropriate atmosphere, in November 2012, 1127 workers were dead at the Tarzeen
Factory in Bangladesh. Apart from this, In June 2013 American President, Barack Obama
had restricted the trade program with Bangladesh due to their unhealthy working atmosphere
(Barua & Ansary, 2017). This step has forced Bangladesh to improve its working safety
standards. Even Walt Disney had also discontinued their production in the country.
Multinational companies utilize the asset of another country in order to conduct the
Levi Strauss: Incentive Schemes for Suppliers in Bangladesh_2

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