The global textile and apparel is valued nearly 3 trillion dollars and it contributed 2% world GDP. Everybody needs a shirt, a pant and shoes to wear and it makes textile and apparel is indispensable industry. Have you ever asked what the supply chain flow of your shirt is and how they can manage it efficiency? In a mass market, mostly garment companies have been set 3 priorities of supply chain: (1) Reduce cost as much as possible, (2) Increase speed to market and (3) Flexibility. What are strategies to support these 3 priorities and make apparel companies growing? Global Sourcing Textile and Apparel industry is global, there are millions manufactures over the world from Asia, Europe to America with difference sizes from small, medium to large. To optimize supply chain cost and minimize risk, increasing sourcing is one of the right strategies. The global sourcing is considering both low cost and speed to market, therefore there are two kinds of sourcing: (1) Low cost sourci
Sharing and Learning about Supply Chain Management