BD woman establishes $22.8m US company

“Noi Solutions is established to elevate the potential of brands and retailers by providing holistic product life cycle solutions”.

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A Bangladeshi woman has established $22.8m “consulting, product development, sourcing and vertical production” company in in New York city’s Seventh Avenue.

Samia Chowdhury, the Bangladeshi entrepreneur, has chalked up a long track work recored working for large US corporations. But starting her own integrated sourcing company, New York City-based Noi Solutions, has “taught her that remaining calm amid any storm is an essential skill.”

According to an article published by the INC Magazine, Noi Solutions helps retailers manufacture their goods in Bangladesh and helps Bangladeshi factories market their capabilities to retailers.

While talking to the online media, which creates content about startups, entrepreneurs and business in Bangladesh, Samia said: “I come from an entrepreneurial family, and I always knew I wanted to do something on my own. After years of working for Victoria’s Secret and Nike, I started Noi Solutions to help retailers manufacture their goods in Bangladesh and to help Bangladeshi factories market their capabilities to retailers.”

“Running my own business has taught me that things don’t always go your way, and you have to remain calm. Manufacturing in the developing world is challenging. Every day, there’s a different problem. It could be not getting the buttons you need on time from China or dealing with political turmoil.”

“At the end of the day, I’m responsible for anything that goes wrong. My job is to figure out how to solve crises so my customers don’t have to,” she added.

Samia further said: “Your whole worldview changes when you have your own business. You have to be very driven, as there’s nobody telling you what to do. I had no dream that I would become a millionaire overnight. I know it’s a process.”

Founded in 2009, Noi Solutions was established to “elevate the potential of brands and retailers by providing holistic product life cycle solutions.”

Noi Solutions’ consulting and full-service agent services are aimed at driving profit and sales growth.

By increasing collaboration and integration across the global supply chain, Noi strives to deliver the right solution for every brand to create customer loyalty through product experience and ensure optimized costs, quality, and speed.

Source: Dhaka Tribune