Supply chain management in the ultra-competitive textiles and apparel markets is the theme for tommorow's 'Strongest Link' conference at Belfast's W5. Organised by the Northern Ireland Textiles & Apparel Association(NITA), the half-day conference will feature contributions from Harvard experts Frederick Abernathy and Daniel Weil, and New Delhi-based international consultant Devangshu Dutta. Local perspectives and case studies will be provided by David Reade of Desmonds and Ken Watson of the Industry Forum. Speaking ahead of tommorow's event , NITA director Linda McHugh said the conference would address the issues surrounding increased consumer and retailer demands. "Retailers are constantly demanding lower costs…
(Press Quote from CIO) Read this article to Know how B2B are changing the e-commerce landscape Understand the intricacies in B2B strategies Be aware of what organizations should do to succeed in the marketplace Do B2B have a future, or are they bubbles waiting to burst? While the media and researchers offer conflicting views on this, without a doubt the dotcom bust has bust taken the sheen off net-based business models. New players are now treating a cautious path. But B2Bs are definitely here to stay. What should the players do to remain in the game? The press does play…
For many decades from the early 1900s onwards, retailers followed a 'trader' or 'merchant' model, largely buying from those suppliers who could provide the best prices. Of course other parameters were considered as well, such as desirability of the product, but price was the major driver. It was also rare for retailers to go out to look for suppliers - suppliers normally turned up at the merchant's doors to sell their wares. There was little, if any, strategy to selecting the 'supply base'. Retailers were much too busy building their presence in the market, opening new stores, acquiring new markets,…
The sourcing principles followed by many apparel organisations seem to be governed by apathy. Once supply relationships have been defined, it often becomes a struggle to change them. Yet keeping the supply base refreshed is probably one of the single most important functions that a buyer can perform explains Devangshu Dutta. For many decades from the early 1900s onwards, retailers followed a 'trader' or 'merchant' model, largely buying from those suppliers who could provide the best prices. Of course other parameters were considered as well, such as desirability of the product, but price was the major driver. It was also…
It's been the zipper that always stuck. No matter what they tried. For the big names of textile industry, the reservation of garments for the small-scale sector has been the one issue on which all their plans for making it in the Rs.25,000-crore segment snagged. So, when the government, after much dithering, announced a new textile policy that opens up the garments sector, the response has been ecstatic. "We can at last increase our capacities and invent more in our captive suppliers," says Nabankur Gupta, group president of Raymond India. The Rs.2300-crore company is hoping to stitch up a larger…
As legacy retailers balance speed with customer experience, is near-instant delivery a sustainable goal for fashion, or will the costs outweigh the rewards?
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Ikea has been around in India for about eight years. and has taken a long-term view on India with product and format customisation, and future investment plans of over $2 billion.
Modern retail, consumption, brand building, M&A, balance of power between brands & retailers/platforms, sustainability vs growth and more; tune in if you're building for the long run
@vishalkrishna @devangshu
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