Remove Apparel Remove Inventory Remove Logistics Remove Metrics
article thumbnail

Supply Chain Management in Apparel Industry

SCMDOJO

Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Supply chain management can really be a deal-breaker for an apparel business. Stages of Operations in an Apparel Business. Design is the first step that happens in apparel manufacturing.

Apparel 114
article thumbnail

Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better. Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit.

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 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

article thumbnail

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

article thumbnail

What is Demand Forecasting? Importance and Benefits of Forecasting Customer Demand

ShipBob

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.

article thumbnail

Retail Store Location Planning ? Creating Balance, Driving Profit

Logility

Imagine your apparel buyers are convinced yellow maxi coats will be hot next fall. Those two locations may differ across many important metrics: footprint, demographics, seasonality, logistical support, sell-through history, competitive landscape, sales trends, to name a few. Increase inventory turns. Reduce markdowns.

article thumbnail

Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

The MVP (Minimum Viable Product) version, set up to go live in multiple countries within three months, involves Demand Planners, Supply Planners, and Inventory Controllers with different access rights to monitor system-generated results. They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed.