Sourcing Briefs
So Where Is The Problem? As the pressure increases in fashion sourcing, CHANGE is ultimately the only route to survival for most companies. Simply doing things the same way as before, but somehow hoping for a different result is not enough. With even tighter margins to manage and a high risk of penalties and excess costs…
Mohamed Mukthar
Director of Marketing
Whitehouse India (India)
The UK Corporate Clothing market is regarded as being the most advanced and sophisticated in Europe. To get ahead in the corporatewear market, companies will need to provide what the customer wants in the most economic and cost effective manner possible, be able to react to changing demands and demonstrate that they are striving for continuous improvement.
Most apparel companies that source product from suppliers in various countries have one common problem - "How to ensure they have visibility of the status of their orders in the supply chain".
The retail environment has changed quite significantly over the past 2-3 years. There has been a gradual shift away from the traditional 3-4 ranges per season to a greater rotation of stock possibly every 2-3 weeks. Having transparency and an early warning of any potential problems will enable staff to work to common priorities and allow them to be more proactive throughout the supply chain process.
In a volatile world, excellent visibility, coordination and communication are 'MUST HAVE' tools for survival. As the global apparel industry begins to settle into the post-quota era, the dynamics of the entire sector are shifting. For many this presents the toughest challenges to date and a fight for survival that only the best will win. For others, in emerging countries like China, India and Vietnam, more favourable circumstances are creating great demand and opportunities.
Fast React are specialist providers of Planning, Sourcing and Critical Path Management solutions specifically developed for the Apparel, Textiles and Footwear sectors where tight margins and short lead-times are commonplace.
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