Think “Lean” when creating an assortment for next year and apply the 80:20 rule to drive continuous assortment improvement. For lean assortment planning… IDENTIFY WHAT HAS WORKED AND IDENTIFY WHAT TO CARRY OVER, EXPAND ON, AND ONLY THEN DESIGN NEW. To begin designing your next collection, the first thing to consider is to analyze the…
Are you experiencing an increased rate of returns? Did the product arrive late, and the vendor struggled to explain why with excuses? Is the order process taking much longer than you initially projected? We encounter many problems every day while trying to run a lean and agile fashion business. Everyone in the Fashion industry is…
While everyone is so focused on solving the current supply chain challenges, one of the main questions is: How do we shorten the lead times? Customers don’t like waiting. Whether that customer is a consumer and wants the product they ordered now, a retailer that needs the product to arrive in stock, or a manufacturer holding…
