# data[].attributes.attachment_link.title
L4 PROJECT 3 SOURCING PRODUCT IN AN AGILE MARKET 2022 pdf

# data[].attributes.body
- A supply chain is the process of tracing each step of the clothes manufacturing process from sourcing the raw materials to the factory where they are actually made into garments right up to when it reaches the consumer

Process is:
designing-producing materials-producing clothes-distribution and retail-reaching consumers

# data[].attributes.attachment_link.title
What on Earth Is a Clothing Supply Chain? - Good On You

# data[].attributes.attachment_link.description
Our shopping choices have far-reaching consequences. But what exactly is a clothing supply chain, and what does it mean for our wardrobes?

# data[].attributes.body
The critical path includes key dates in the journey of a garment from concept right up to shop floor, it monitors their progress and any issues.

The active, efficient and effective control and monitoring of stock into the business

# data[].attributes.body
The critical path includes key dates in the journey of a garment from concept right up to shop floor, it monitors their progress and any issues.

The active, efficient and effective control and monitoring of stock into the business

# data[].attributes.body
- A supply chain is the process of tracing each step of the clothes manufacturing process from sourcing the raw materials to the factory where they are actually made into garments right up to when it reaches the consumer

Process is:
designing-producing materials-producing clothes-distribution and retail-reaching consumers

# data[].attributes.attachment_link.title
What on Earth Is a Clothing Supply Chain? - Good On You

# data[].attributes.attachment_link.description
Our shopping choices have far-reaching consequences. But what exactly is a clothing supply chain, and what does it mean for our wardrobes?

# data[].attributes.headline
Suppliers KPI - Key performance indicator

# data[].attributes.subject
Suppliers KPI - Key performance indicator

# data[].attributes.body
- quality
- delivery
- financially stable
- intake margin
- profitability
- tech ability
- length of relationship

# data[].attributes.body
- a snapshot in time
- a continuous process, always changing so have to be carried out at least once a month
- a tool to compare against competitors
- a way to identify opportunities and risks
- is a form of primary and secondary research

# data[].attributes.body
- You react to sales from the week before and identify the trends
- Helps you understand the product life cycle
- Use the data to understand best sellers
- The team present their trading figures to the head of department.
- They highlight their success and their concerns along with context
- They discuss future performance and risks and opportunities.

# data[].attributes.body
Best:
- understand what product attributes made it a best seller.
- could place a direct repeat if sold out
- re-price up and add additional colors and other options to maximize profit
Worst:
- understand the attributes that made it not sell
- check the fit, quality, and fabric
- Could be due to the wrong time in the season
- the photo of the model wearing it online could not be flattering enough to make people want to purchase the item.
- go through social media reviews and the rate of returns to get a real insight into what customers thought of the products.
- potentially change the price as could be too overpriced for the customers

# data[].attributes.body
stock units/sales units = cover

# data[].attributes.body
Product line: lines that makeup the range
Product items: related lines that make up the % mix
Brands: ensure the brand offer reaches the relevant target consumer

In the mix you need...

balance & structure

price architecture

good/better/best

choice/variety

trends and newness

reflective image

good color mix

good mix of tops/bottoms

mix of fashion/basics/trends

top/mid/bottom store

coordination

# data[].attributes.body
category

allocation grade

colour mix

entry/mid/exit

core/fashion/trend mix

price architecture

fabrics

My plan mix:
60% basics 30% fashion 10% directional

# data[].attributes.body
- the cash value paid by the customer(s) to the retailer for a product
e.g
Converse is £30 & we sold 1000 units
UNITS SOLD x SELLING PRICE = SALES £ VALUE
1000 x 30 = £30,000 sales turnover / sales £

# data[].attributes.body
- the number of weeks in which an item would sell out at the current unit-sales-per-week levels
BRANCH STOCK / WEEKLY SALES = WEEKS COVER
- can describe cover as fast, slow & average

# data[].attributes.body
- measures the average number of units sold of an option per week, per store
WEEKLY SALE UNITS / NUMBER OF STORES SELLING ITEM = ROS

# data[].attributes.body
- measures the amount sold of an option by expressing sales units as a percentage of the units bought
Cumulative sales / Total buy (intake/receipts) * 100

# data[].attributes.body
Vietnam - duty-free shipments (4% cheaper)
- better quality than China
- can use technical fabrics
Myanmar - cheap labor and good workmanship
- worked with the UK for over 20 years

# data[].attributes.body
brand direction

brand mission and vision

profits and margins

the economy

sustainability

wages costs

# data[].attributes.body
sizing

costs

sustainability

social trends

events / promotions

# data[].attributes.headline
A buyer will consider these when choosing a supplier...

# data[].attributes.subject
A buyer will consider these when choosing a supplier...

# data[].attributes.body
price

location/logistics

quality

communication

import duty

time difference

risks e.g natural disasters

# data[].attributes.body
broad supply - offers choice, flexibility, but is difficult to manage. It means that you are less important to each supplier and therefore less likely to get the best deal
Narrow supply - offers less choice but will have a higher spend with each supplier and therefore have greater negotiating power

# data[].attributes.body
factories (direct) + more control over and lower costs + builds good relationships - language barriers - location could have natural disasters
wholesalers + good for stock fillers + get it quickly - no negotiation power - no control in quality or design - have to wait for the stock
UK agents + easier to deal with + no language barrier + more support - risky as they are working with other brands

# data[].attributes.body
E-com: all electronically mediated information exchanges, have the ability to shop anytime, anywhere, have access to global brands
M-com: combination of portability has given consumers the ability to search and buy immediately, apps help to create this personal experience
S-com: social commerce is when brands use their social media platforms to sell their products and services, creates a direct relationship

# data[].attributes.body
the decline in customer loyalty

moving to m-com & s-com

retailers need to provide service & experience

consumers expect more

see now, buy now

want now but don't want to pay extra

# data[].attributes.body
traffic - visitors to website

conversion - % of website visitors who purchase

bounce rate - % of website visitors who leave after viewing just one page

time on site - amount of time spent on website

pages per visit - how many pages did they view

new users - first time users

returning visitors - user returns

# data[].attributes.body
- represents the profit or loss made on each item
- the difference between the cost price (CP) and the selling price (SP)

(SP - CP) / SP = margin

# data[].attributes.body
https://www.canva.com/design/DAE2dlIQM-o/r4rhjb-39lM7Kg6LWfAmOw/view?utm_content=DAE2dlIQM-o&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton

# data[].attributes.attachment_link.title
Lydia Young - Moorgate, England, United Kingdom | Professional Profile | LinkedIn

# data[].attributes.attachment_link.description
View Lydia Young's professional profile on LinkedIn. LinkedIn is the world's largest business network, helping professionals like Lydia Young discover inside connections to recommended job candidates, industry experts, and business partners.

# data[].attributes.attachment_link.description
We’re currently checking your connection. This shouldn’t take long.If you keep getting this page, check if there’s a problem with Canva.

# data[].attributes.body
https://www.canva.com/design/DAE5ASWGK0E/A1SqsqvY6zcVDr-_oEtYwQ/view?utm_content=DAE5ASWGK0E&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton