article thumbnail

Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

article thumbnail

Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. For additional insights check out a prior blog. )

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Reasons Why Apparel Industry Needs an ERP Build for its Unique Demand

My Office Apps

Discover The Top Reasons Why The Apparel And Fashion Industry Requires A Specialized ERP System Tailored To Its Unique Demands The apparel and fashion industry is a whirlwind of creativity, constantly adapting to trends and consumer demands. Why Variation Management Matters in Apparel Apparel thrives on variation.

Apparel 76
article thumbnail

Miroglio Fashion: AI-Powered In-Season Inventory Optimization

ToolsGroup

That’s why Evo CEO Fabrizio Fantini jumped at the chance to work with Harvard Business School Professor Sunil Gupta to participate in a case on Miroglio’s huge success increasing profits through in-season inventory optimization. But fashion is inherently hard to predict. Read the case on Harvard Business School website Read here →

article thumbnail

Apparel Fulfillment – A Sneak Peek!

Supply Chain Game Changer

Apparel fulfillment article and permission to publish here provided by AWL India. The process of completing clothes orders is known as apparel fulfillment. The delivery of clothing purchased by clients is the result of apparel fulfillment. The designer who creates the garment is the first step in the apparel fulfilment process.

Apparel 92
article thumbnail

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. Days of Inventory Pre and Post-Recession. IT View of the Current State of Inventory.

article thumbnail

Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.