There are new ways to avoid risk and be compliant in the supply chain, but there are also new threats.
Today’s consumers want fast fashion and they want it now. They want more choices, more often, at bargain-basement prices—and such demands have caught apparel companies in a chokehold. To keep their trend-conscious customers coming back regularly, retailers are requesting faster fashion cycles, a wider range of SKUs, cheaper prices and shorter lead times from their suppliers.Read More Read more
Relentless pressures for markdowns show no sign of abating in the retail fashion business. Many top brands, including Abercrombie & Fitch, Gap, and Victoria’s Secret made no secret of their need to slash prices in the 2013 holiday season. Smaller firms felt even larger pressure… Read MoreRead More Read more
Business application software provider Infor recently introduced Infor Fashion Product Lifecycle Management (PLM), a new application that links parts of product development to the supply chain to help brands, manufacturers and retailers make product faster and more efficiently. Infor Fashion PLM is intended to serve… Read MoreRead More Read more