A New Way to Manage a Fashion Industry Supply Chain
Chia-Ling Huang ()
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Chia-Ling Huang: Kainan University
A chapter in Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, 2013, pp 1155-1164 from Springer
Abstract:
Abstract The pressure for fashion companies to compete not only on price and new product ranges, but also their ability to deliver newness and “refresh” product. This provides a challenge to supply chain management. Instead trying to improve the forecasting with a forecast-driven mode of SCM, there are alternative ways have been suggested by many researchers, however, there are prerequisites but not sufficient. So the keys the proposed scheme in this paper describes a new way to manage a fashion industry supply chain are: cut the batch size for the blind zone of every season, quick response time improvement, stop pushing inventory to the point of maximum errors – the retail point and detect and correct stockout and surplus just in time. The Chinese implementation case shows that the propose scheme is capable to realize in order to reduce surplus and shortage, increase gross profit, net profit, and cash flow.
Keywords: Fashion industry; Pull system; Supply chain management (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40063-6_113
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DOI: 10.1007/978-3-642-40063-6_113
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