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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Apparel is an example. Time horizon.

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Factories around the world produce millions of items of clothing and accessories for top European and American brands, which are packaged, shipped and sold in every country worldwide. The “fast fashion trend”, which means that collections are distributed in shorter, and shorter periods of time, has transformed the procurement function.

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ESG, CSR, and Sustainability: how does your supply chain stack up?

Resilinc

These concepts can be hard to define and measure, and even harder to integrate into procurement. Revelations about forced labor and poor working conditions have also harmed the reputations of several leading apparel brands including H&M and Boohoo. Retailer Uniqlo Co.

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Forced labor in cotton supply chains – Key takeaways from our webinar

SupplyShift

With apparel businesses facing increased demands for transparency, fueled by recent scrutiny over Xinjiang cotton, forced labor should be a top priority for any apparel brand with cotton in the supply chain. . Most traders keep these bale tags when they ship the cotton to spinners. On Challenges of Reporting and Monitoring.

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Forced labor in cotton supply chains ? Key takeaways from our webinar

SupplyShift

With apparel businesses facing increased demands for transparency, fueled by recent scrutiny over Xinjiang cotton, forced labor should be a top priority for any apparel brand with cotton in the supply chain. Most traders keep these bale tags when they ship the cotton to spinners. Learn more about the YESS pilot here.