0930 – 1000
Supply chain transparency is highly sought after in the apparel industry, yet the appropriate depth of information is often lacking. A recent report indicated that 20 percent of apparel companies characterized their transparency and compliance systems as ineffective, and 57 percent said these systems were only somewhat effective. Digitizing the apparel industry is a critical move that can help these businesses gain the insights they need to improve processes and enhance supply chain management.
1000 - 1030
With the movement of “fast fashion”, brands and retailers are under constant pressure of speed-to-market improvement. The time when brands released 2 collections per year became a history long ago, nowadays they are constantly providing new lines. The market trends cannot but influence supply chain, so the logistics process has to be adapted to the greater speed to market. Logistics providers need to decrease lead times and to deliver new releases to outlets as quickly as possible. It also arises the demand for value added services in logistics, so that the retailers receive items completely prepared to be placed on shelves.
1030 – 1100
The fashion industry is inherently volatile. Of-the-moment trends are notoriously short-lived, and the surge of interest spurred by a celebrity spotting can pass as quickly as it arose. Quick response is achieved with cooperative planning among supply chain partners. Modern IT systems make it possible to streamline supply chain management from materials sourcing to customer shipping. Utilizing third-party logistics (3PL) services, even small companies can access powerful supply chain management solutions.
1100 - 1130
While traditional production levers like capital investment and labor have a reduced impact on modern economic growth, AI could potentially double annual economic growth in developed economies by 2035. AI is also expected to increase labor productivity by up to 40 percent. Consider a company leader planning to expand operations and add a new clothing manufacturing plant. What location is best? It's often difficult to give sites an objective value, as intangible factors like political stability and social environment come into play. AI removes emotion and bias and can make the best decisions in situations like these.
1130 – 1200
1200 – 1230
Internet has hugely changed consumer behaviour by offering the possibility of buying clothes online. Fashion manufacturers have made a huge effort to provide an excellent online shopping customer experience, by simplifying exchange and return policies and by providing inexpensive and fast deliveries. What is the best practice in designing a flexible distribution system, able to fulfil orders across channels and ensure real-time inventory visibility
1230 – 1300
Reducing lead times is a critical concern in the apparel industry. Unlike other purchases, which are often carefully researched and mindfully planned for, apparel buys are quick and instinctual. Impulse buys make up over 70 percent of fashion purchases . If an item isn't in-stock, the customer will typically move on, rather than wait for a restock. When lead times are low, you can respond to the volatility of the fashion industry with ease, meeting customers' demands while trends are still hot, and minimizing the production of stalling items that have fallen out of favor.
1300 – 1330
The holiday season has always been a difficult period for fashion brands and retailers. Moreover, in fashion industry peak seasons are not only related to holidays, but also to sales and promotion campaigns. In any of these cases, excellent peak season execution implies planning and preparing in advance, so that the warehouse IT, personnel and equipment are ready for large fluctuations. Predictive analysis, temporary workforce, backup logistics operators, flexible warehousing capacities are all leveraged to keep stores functioning smoothly.
1330 - 1415
1445 - 1515
It is of vital importance for companies to manage Key Performance Indicators (KPI’s) to ensure Service Level Agreements (SLA’s) are being met. This is a win-win approach since on one hand a satisfied customer is more likely to be a repeat customer, and on the other, the apparel 3PL benefits by applying industry best practices and improved performance. KPI’s serve as indicators on whether an organization has achieved its goals in a specific time frame, monitor trends, and make corrections as needed.
1515 - 1545
Cloud-based order fulfilment systems are becoming a standard choice for today's top companies. Utilizing the transparency, accessibility, and scalability of the cloud makes it easier than ever to climb to the top of your niche with a minimal investment. You no longer need a storefront, large office, or big bank of servers to run a large apparel company. Turn to the cloud, and success is easier than ever. In a complex supply chain comprised of materials providers, manufacturers, and partners, it's difficult to keep up with every step of the process using traditional methods. This is where cloud management comes in. Tracking production and shipping in the cloud offers complete transparency and real-time updates.
1545 - 1615
As more people head online to shop for everything from groceries to gadgets to clothing, consumer demand for fast shipping is rising. Around 80 percent of shoppers want same-day shipping, whereas 61 percent want to receive their products within one to three hours of ordering, according to industry research. What are the best ways to reduce the delivery times.
1615 - 1630
1630 - 1700
Most people who buy apparel rarely think about the process involved in getting the clothing from a manufacturer to a retailer. Fortunately, third-party logistics (3PL) companies specialize in doing everything possible to make the various stages of transit go as smoothly. Therefore, 3PL companies play a direct role in keeping customers happy. Considering that satisfied customers impact a company's success, it's crucial to consider outsourcing at least some of the logistics duties to a 3PL provider.
1700 - 1730
An efficient warehouse helps you meet client and customer expectations and minimize your operating costs. When your warehouse operates efficiently, your products are more likely to be packed accurately and shipped on time. Simplify Your Warehouse Processes, take a critical look at the processes involved in your warehouse operations. Is the flow logical to you? How many steps are involved? Can you reduce the steps? Generally speaking, the fewer steps in any operating process , the more efficient and cost-effective it will be.
1730 - 1800
To tackle the very considerable constraints of sourcing diversity, fashion and lifestyle vendors need a reliable partner capable of managing a network of providers that has to change shape and scope seasonally. Because transparency is a prerequisite for successful performance here, the partner should be able to help you track goods flows in real time, anywhere in the world.