In the up-to-the-minute world of fashion, trends no longer change with the seasons, but monthly, and consumers exposed to global developments demand the look of the moment the minute it happens.
According to a retailer, Edcon, it has signed a contract with global sourcing solutions group - Eqos to automate its supply chain management system.
In an effort to keep local fashionistas up to date a software programme will be implemented from the first quarter of next year that will automate its product-sourcing function and improve collaboration between Edcon's buyers and its suppliers.
Thus, a trend that is displayed on catwalk, would be made available at the mall, within a short time.
Fads on the street today can be in shops within weeks with this new management system.
This will improve efficiency and the ability to get products from the planning stage to market quickly, which will improve margins by reducing markdowns.
The system will automate what has to date largely been a set of manual tasks.
Before, developing new garments, buyers and suppliers would communicate through e-mails, word documents, sketches and photographs.
The new system will improve this workflow and standardize the process to improve the average time to market.
This programme would enable retailers to respond quickly to market trends and minimize end-of-season markdowns.
Major benefit of the new system is that it will reduce the time between when we think we want to do something and when we place an order.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
