LEAD TIME IN THE FASHION INDUSTRY

So, what is lead time?

Why should brands reduce it?

Lead-time and supply chain.

How to reduce the information flow?

  • Enterprise Resource Planning (ERP) is a software used by companies to manage their daily activities such as the accounting part, buying, project management and supply chain’s operations.
  • Supply Chain Management (SCM) is the tools and methods used to automate procurement to reduce inventory and delivery times.
  • Product Lifecycle Management (PLM) software compiles all product data in a single, real-time updated repository to optimize product creation, tasks, stock and process management at every stage of the product life cycle.

How to reduce the design flow?

Sources:

  • Kader, S. and Md. Khairul Akter, M., Nov. 2014. ANALYSIS OF THE FACTORS AFFECTING THE LEAD TIME FOR EXPORT OF READYMADE APPARELS FROM BANGLADESH; PROPOSALS FOR STRATEGIC REDUCTION OF LEAD TIME. [ebook] European Scientific Journal. Available at: <http://file:///Users/claire/Downloads/4526-Article%20Text-13126-1-10-20141126.pdf> [Accessed 11 May 2021].
  • AĆIMOVIĆ, S., M. MIJUŠKOVIĆ, V. and STEVANOVIĆ, I., 2017. THE ROLE OF LEAD-TIME CONCEPT IN MANAGING THE FASHION SUPPLY CHAINS. [ebook] EKONOMSKE IDEJE I PRAKSA.Available at: <http://www.ekof.bg.ac.rs/wp-content/uploads/2014/10/Rad-03-Acimovic-Mijuskovic-Stevanovic1.pdf> [Accessed 13 May 2021].
  • The State of Fashion 2019. [ebook] The Business of Fashion, McKinsey&Company. Available at: <https://www.mckinsey.com/~/media/mckinsey/industries/retail/our%20insights/fashion%20on%20demand/the-state-of-fashion-2019.pdf> [Accessed 13 May 2021].

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French startup at the heart of fashion & AI

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Eva Engines

Eva Engines

French startup at the heart of fashion & AI

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