Summary to essay on topic "Integrated fashion logistics"
The global apparel and textile industry spans the entire textile and apparel supply chain, from the processing of raw materials to the production of the finished goods"- in the words of Gabriel R.Bitran, Suri Gurumurthy, Shiou Lin Sam: (2006) Emerging Trends in Supply Chain Governance…
Download file "Integrated fashion logistics" to see previous pages...
As far as the retail business was concerned the key indicator of sales success was the proportion of 'full price sales' achieved by the company, as opposed to garments being sold at a discount during the 'sales' period. Such discounts on garments offered on end of season sales may go even up to 50% of the prices depending on the style and demand for particular garments. Let us write or edit the essay on your topic "Integrated fashion logistics" with a personal 20% discount.. Try it now There are several logistical models available to help speeding up the supply chain management and thereby improve the profitability of the company. This paper attempts to discuss some the models such as Quick Response (QR), Fast Fashion and Mass Customisation, which help in improving the efficiency of the supply chain management. The study also analyses the relationship between these models and the relative merits and demerits of the respective models available to the organisation employing these models.
"More than ever before speed has become a source of competitive advantage. Competing on speed requires an organisation characterised by fast moves, fast adaptations and tight linkages. .. Forming alliances is one of the most effective avenues for competing speed. The best example is the textile industry's quick response initiative, designed to improve the flow of information, standardise recording systems, and reduce turnaround time along the entire supply chain from fiber to textiles to apparel to retailing." - Roberta S. Russell, Bernard W. Taylor Operation Management: Edition IV (2003). pp 37. Quick Response (known shortly as QR) is best suited to Fashion Retail Industry. This is due to the following factors:
Seasonality - This is the main factor which necessitates the speed in the supply chain of fashion retailers.
Products are made according to a predetermined standard size and there is no time to revise the outfits once manufactured.
Pricing - Especially with the seasonality factor, garments which have note reached in time to the retail store may have to be sold at heavily discounted prices.
Excessive lead time due to the fashion collections being prepared by the designers considerably before the time the garment reaches the retail stores put an element of distortion in sales due to faulty or unacceptable designs.
"Few industries are as notorious as the apparel industry for having such difficulty predicting demand," observed by Marion Bragger (2004)
2.1 METHOD OF OPERATION OF QUICK RESPONSE:
The essential features of the Quick Response method are outlined below:
By convincing a potential and dependent supplier of garments, the manufacturing facility may be split into, some capacity doing production in normal way and a certain minimal part of the production capacity can be converted into following the QR approach.
The management of the factory should have a meeting with the workers to educate them on the necessity and operation methods of the QR system, so that any initial resistance from the workers side may be controlled.
The next step is to form the QR teams with workers selected from the existing workers either by the management or voluntary QR teams can be
...Download file "Integrated fashion logistics" to see next pagesRead More
Cite this document "Integrated fashion logistics"
(“Integrated fashion logistics Essay Example | Topics and Well Written Essays - 3500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1515225-integrated-fashion-logistics
(Integrated Fashion Logistics Essay Example | Topics and Well Written Essays - 3500 Words)
“Integrated Fashion Logistics Essay Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.org/miscellaneous/1515225-integrated-fashion-logistics.
Cited: 0 times
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC "Integrated fashion logistics"
This paper is a critical analysis of the researcher’s professional skills, which is presented on the basis of the regular journal entries made by me while working in a fashion company. It demonstrates understanding of practices in the company and the product development processes relative to the day to day functioning of the fashion company and its supply chain.
ion where products and business concepts are being launched on a daily basis, it would apparently be very difficult for companies to stay on the top slots continuously. More than the Companies, it is the advanced Operational strategies and logistics of the Companies which are in competition. This paper attempts to present the operations and logistic management strategies of Zara, a fashion company, part of the Inditex Group.
While the cost of transportation logistics would be considerably higher due to rising oil prices in the international market, the businesses must make efforts to reduce that through collective decision making. The most realistic technique for businesses would be to come together and use single transportation to ship their goods.
ZARA: IT for fast fashion. Upgrading Zara’s POS systems From the case study scenario, it would be recommendable for Salgado to upgrade the POS terminals to a modern operating system. This is the ideal decision for Zara as it is continually expanding its stores making it more complex to operate using the simple DOS systems which is increasingly becoming obsolete, and which is highly manual.
It is evidently clear from the discussion that GARD has been basically dependent on the Dupont engineering polymers (DEP) for the raw material DEP is supplying polymers to GARD since last 15 years but this time with the change in management, Dupont has been awarded one year contract instead of 2 years generally.
The portfolio of sourcing place available to Australian industries provides a variety of products, components, technology, maintenance and service options at competitive costs. Pacific Rim sourcing brings substantial benefit to many companies, but also comes with risk.
This essay analyzes Christian Dior's supply chain and production process. The group of companies “markets its products through exclusive boutiques and licensed distibutors” in Europe, the United States and Asia. Flexibility, internal growth, global presence, and the “growth strategy of developing very high-end iconic products” will be continued.
This paper analyzes International Fashion and Textile Market. The Indian textile sector ranks closely with agriculture. It developed from early manufacturing stages to its current status as one of the largest globally. The textile and clothing industry constitutes over 4 percent of India’s GDP. The Indian market consists of all the menswears.
7 Pages(1750 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Integrated fashion logistics"
with a personal 20% discount.