Home / Knowledge / News / Apparel/Garments / Apparel brands enter new era of supply chain collaboration
Apparel brands enter new era of supply chain collaboration
06
Apr '12
In a bid to entice cash strapped consumers to increase their spend on clothing, retail organisations, such as Matalan, Per Una and Shop Direct Group, are working in ever closer collaboration with their suppliers to improve product quality, consistency and delivery, within ever tighter budgets.

The retailers revealed their new collaborative supply chain strategies to nearly 100 delegates at the Association of Suppliers to the British Clothing Industry (ASBCI) recent seminar 'Facing fashion's supply chain challenges – end-to-end strategies that work!' sponsored by Lectra and held at the Marriott Hotel in Leeds. Delegates heard that increases in the cost of raw materials, labour, transport and logistics combined with the devaluation of currency and the crisis in consumer confidence has put the retail industry under siege.

In response retailers have joined forces with their suppliers to come up with innovative solutions to improve quality and supply chain efficiencies without increasing budgets. Furthermore retailers are advised to create unique brands that justify higher margins, harness the internet to reach global consumers and increase their focus on generating new spending habits in men while tapping into the aspirational and cash rich 45+ years' market.

Malcolm Ball, ASBCI chairman and technical director chaired the day's events which opened with a keynote presentation by Maurice Bennett CBE, co-founder of Warehouse and Oasis stores and currently joint chairman of Long Tall Sally, Kookai UK and chairman of Austique. Reflecting on his 63 years of retail success he believes difficult trading conditions have made the management of the supply chain more crucial than ever: “It is vital to build long-term connections with suppliers and to have a thorough understanding of the way they work.”

He puts the onus on buyers to learn about manufacturing processes and acquire technical production knowledge as this will enable them to identify the 'right' factories, negotiate better prices, plan timely deliveries and create better garments within budget.

The right supplier relationship supported by a robust replenishment policy for winning styles will enable buyers to add 20% to sales, increase full price sell through and margins while reducing terminal stocks. He observes: “The most successful businesses are becoming international,” and with the internet, gaining access to the global market can be achieved without investment in retail space.

Absolutely, agrees Maureen Hinton, practice leader with Verdict Research Analysis, exploiting new channels to market is a crucial element of retail success and should be exploited in the challenging trading climate. Salaries lagging behind inflation, rising unemployment (particularly in the 15 to 24 year old fashion conscious market) and the cost of living are seriously undermining consumer confidence and while the value of consumer spend on clothing in the UK is increasing (from £37 billion in 2010 to an estimated £39 bn in 2012) this is largely accounted for by price increases.


Must ReadView All

Decision in UK budget to attract investment in retail: BRC

Textiles | On 24th Nov 2017

Decision in UK budget to attract investment in retail: BRC

British finance minister Philip Hammond’s announcement in his budget...

Courtesy: Shangdong Ruyi

Textiles | On 24th Nov 2017

Shangdong Ruyi to acquire major stake in Bagir

Shangdong Ruyi Technology Group Ltd, one of the leading Asian global...

Chinese e-commerce firm JD.com invests $44 mn in Tiki.vn

Apparel/Garments | On 24th Nov 2017

Chinese e-commerce firm JD.com invests $44 mn in Tiki.vn

Chinese e-commerce firm JD.com has invested $44 million in Tiki.vn, a ...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search