Retail Footwear and Apparel
Retail Footwear and Apparel businesses rely on their ability to provide consumers with the latest fashion trends. To remain competitive, hit launch dates and optimize profit margins, companies need to bring merchandisers, designers, production planners and suppliers into their market launch plans early on.
Key Challenges
- Reducing sourcing costs for raw materials and components
- Eroding margins and customer loyalty due to increased competition
- Being able to communicate product changes quickly across a global supply chain
- Managing complex product development schedules while reducing the risk of rework and missed launch dates
Ways to Overcome Challenges
- Establish global supply chains to reduce costs, minimize supplier risks and improve product quality
- Increase innovation by encouraging early supplier involvement in the design phase, identifying opportunities to cut product costs while maintaining product quality
- Create a single product record accessible to global suppliers, agents, and factories to improve opportunities for collaboration while reducing costs, rework and errors
How We Can Help
- Integrate disparate planning information across the entire lifecycle by establishing a centralized solution for tracking, sharing and exchanging information related to product design concepts, color, palettes, fabrics, trims and other raw materials
- Implement streamlined seasonal line planning and process management to improve the exchange of product information across multiple merchandisers, designers, production planners, and suppliers, reducing errors and launch delays
- Achieve greater visibility and component re-use when planning new products and product lines, enabling you to quickly leverage existing materials, knowledge, processes and technologies from one product or brand initiative to another.
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