Contents
Introduction 2- Supply Chain Management and Logistics 3
- Supply Chain Management of Retail Garment Industry. 4
- Suggested Remedies and an SCM Plan for Fast Fashion Limited 6
- High retailer bargaining power 6
- Non-standardized customer preferences 7
- High retailer margins and lower profits 7
- Lack of Standardization in the ordering Process 8
- Inflexible Contracted Manufacturers and High Manufacturing Costs 8
- Lack of Quick Response and Efficient Customer Service 9
- Conclusion 9
- References 11
Description
The assignment is based on the following requirement –
You are a consultant specialising in operations management and have been asked to produce a report for a Senior Executive. The Senior Executive is part of a top management team in a recently established ‘fast fashion’ garment retailing company which is yet to open to the public. The company intends to compete with the likes of Zara and H&M. In order to compete with the likes of Zara, and H&M, the company will need to have a well designed and carefully thought through supply chain. The Senior Executive has asked you to conduct research, critically evaluate your findings and produce a report setting out potential issues, and approaches to managing a supply chain in this industrial sector. She is particularly, keen for you to review and identify good practice in relation to what other ‘fast fashion’ retailing companies are doing in this context and in view of your research findings make recommendations as to how the supply chain should be best managed in order for the company to have a chance of succeeding in a very competitive environment.
Additional Guidance
In view of the word count being 2000 it is suggested that you begin by giving an overview of a number of supply chain issues and that you then go on to report on 2 – 3 in more detail. The 2 – 3 issues that you report on in more detail should be key to the success of this company.
