APPAREL SUPPLY CHAIN OPTIMIZATION
Getting the right fashion products to the right sales channels can be a highly complex process, especially in today’s world where the consumer has taken control of the buying experience. Consumers have evolved faster than we have, employing technology such as smart phones to control the ways in which they shop, and leaving conventional retailers wondering how to compete and retain their customers’ attention in an increasingly tech-driven world.
Many of the traditional retail business models and apparel supply chains are broken. We take far too long to design and develop product, too long to source it and too long to ship it back to factories, distribution centers and stores. Supply chain optimization involves streamlining the way that apparel retailers and brands manage the design/production process and share information across different groups, from design to product development, sourcing and production. Companies must focus on saving time at every step of the apparel supply chain in order to remain competitive. We need to zero in on which orders to place, how best to execute raw materials requirements and determine which supply chain factories can produce quickest. All of this centers around the core strengths of supply chain optimization: