Food Supply Chain Management and Best Practice
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Food Supply Chain Management and Best Practice Course
Introduction:
In the past two decades, the emergence of the "fast fashion" model has revolutionized the apparel industry, placing supply chains at the forefront of success for fashion companies. In today's business landscape, supply chains have become even more strategically vital, driven by various trends and mounting pressures.
Fashion retailers at the forefront of the industry are recognizing the significance of redesigning and adapting their supply chains to align with their individual strategies. This approach not only provides a competitive edge but also offers numerous benefits, including substantial reductions in production costs through streamlined development, manufacturing, and logistics processes. Moreover, it enables companies to accelerate their speed to market, swiftly transitioning from concept development to in-store placement.
The fast fashion model has reshaped consumer expectations, with customers desiring the latest trends delivered at an unprecedented pace. To meet these demands, fashion companies are leveraging agile and responsive supply chains that can rapidly deliver new products to market. By optimizing their supply chains, these companies can minimize lead times, enhance inventory management, and increase operational efficiency.
Additionally, sustainability has emerged as a critical concern within the fashion industry. Consumers are increasingly conscious of the environmental and social impact of their purchases, prompting companies to integrate sustainability practices into their supply chains. From sourcing ethically produced materials to implementing eco-friendly manufacturing processes and embracing circular economy principles, fashion companies are striving to create more sustainable and transparent supply chains.
Furthermore, advancements in technology are reshaping supply chain management in the fashion industry. Companies are leveraging innovative technologies such as data analytics, artificial intelligence, and automation to optimize inventory management, demand forecasting, and logistics operations. By harnessing the power of these technologies, fashion retailers can make data-driven decisions, enhance supply chain visibility, and improve overall operational performance.
In this dynamic and rapidly evolving landscape, fashion companies must prioritize the strategic transformation of their supply chains. By embracing agility, sustainability, and technological advancements, they can gain a competitive advantage, drive cost efficiencies, and meet the ever-changing demands of consumers.
Join us on this journey as we explore the evolving role of supply chains in the fashion industry. Discover how leading fashion retailers are redesigning their supply chains to deliver superior outcomes. Learn about the strategies, best practices, and cutting-edge technologies that can transform your supply chain and position your company for success in the fast-paced world of fashion.
Course Objectives:
At the end of the Fashion Retail Supply Chain Best Practices Training Course, you will be able to:
- Get a vast comprehending of fashion retailing and cost-effective supply chain management.
- View the early growth and changes in the fashion industry, leading up to the drivers of change in today’s market.
- Comprehend how the traditional fashion sector worked to a four-season planning model.
- Understand the trends in the fashion market and discuss the supply chain changes in depth with a more detailed discussion on offshore sourcing and outsourcing in the international fashion supply chain.
- Recognise a conceptual framework of types of sourcing and outsourcing strategies.
- Find the different approaches taken by companies, from working through intermediaries to dealing directly with suppliers, with or without international hubs.
- Handle the major strategic issues revolving around the social and environmental consequences of offshore production.
Who Should Attend?
This Fashion Retail Supply Chain Best Practices Course is for:
- Anyone wanting to learn more about the fashion industry, Fashion Retail Supply Chain Management.
Course Outlines:
The Changing Nature of Fashion Retailing: Implications for Logistics
- Fashion: its role in culture.
- The changing fashion retail environment.
- The rise of fast fashion.
- The luxury sectors.
- Fast fashion and CSR.
- The online revolution.
- The supply chain response.
- Global dispersion of fashion supply chains.
- Online logistical challenges.
Off shore sourcing and outsourcing in the international fashion supply chain
- Sourcing strategies.
- The nature of outsourcing.
- Types of outsourcing.
- Offshore sourcing and re-shoring?
- Supply chain relationships and responsiveness by.
- product category.
- Lean, agile or leagile?
Corporate social Responsibility (CSR) in International Fashion Supply Chains
- Defining CSR and its institutional context.
- Strategic CSR.
- Implementation of CSR initiatives in global fashion supply chains.
- Compromises to CSR in global apparel production.
- Case studies of CSR in practice.
- Rankings of socially responsible companies.
- Sri Lanka and CSR practices in garment manufacture.
International Logistics
- Definitions, impact and channels of distribution.
- Economic impact of logistics and SCM on channels of distribution.
- Fashion retail logistics and SCM.
- Globalization.
- Logistics and SCM in a global economy.
- Global risk, disruption and supply chain security.
- International logistics and SCM implications for fashion retailers.
In-store Consumer Service
- The national fashion retail supply chain.
- Retail logistical systems strategy and design.
- In-store consumer service.
- Some empirical studies.
- Suggestions to improve in-store consumer service.
Online Consumer Service
- The online fashion retail supply chain.
- The business case for Omni-channel retailing.
- Logistical design considerations for Omni-channel fulfilment.
Luxury Fashion and Supply Chain Management
- Definitions of luxury and luxury branding.
- The ‘new’ luxury.
- The evolution of the luxury brand.
- Gaining control of marketing channels.
- Supply chain management in luxury fashion.
Sustainable Fashion Retailing and Logistics
- Concepts of sustainability.
- Sustainability in logistics and SCM.
- Sustainability management and management systems.
- Sustainability in the fashion retail sector.