An apparel industry review of e-sourcing solutions - Management briefing

Released on = April 27, 2007, 3:16 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = An apparel industry review of e-sourcing solutions -
Management briefing : According to a 2004 research study by Aberdeen Group, more
than half (58%) of the systems and solutions used in a company\'s sourcing
initiatives are manual

Press Release Body = An apparel industry review of e-sourcing solutions - Management
briefing : According to a 2004 research study by Aberdeen Group, more than half
(58%) of the systems and solutions used in a company\'s sourcing initiatives are
manual, fax or e-mail driven, which is hard to believe, considering all the
technology that\'s available.

This briefing looks at the issues apparel companies face in terms of e-sourcing,
challenges found in implementation, and highlights the e-sourcing features to look
out for. It also outlines the companies best suited for e-sourcing and provides case
studies of Saks, American Eagle, VF Corp, Wilsons, and Kellwood.

Underlying issues
There are several major issues that apparel companies face in terms of e-sourcing
ranging from marketplace dynamics to economic constraints to changing consumer
tastes, etc. Many of them are more than just hurdles or challenges and require
changes to corporate culture, investment and strategy to effectively manage.

Case studies
Reducing admin costs by replacing paper with e-communication also offers big
savings, not to mention the cost savings by eliminating excess inventory and the
margin gains from fewer markdowns. This section outlines how Saks, American Eagle,
VF Corp, Wilsons and Kellwood have used the solutions of Ariba, TradeStones and New
Generation Computing.

Implementation challenges
The benefits of sourcing don\'t come without their challenges. Probably the most
overriding and daunting of these is understanding and articulating your company\'s
sourcing processes and procedures so that an appropriate solution can be
implemented. Despite which type of solution is chosen, there will be some sort of
change in the nature of how the business will operate.

Companies best suited
How do you know if your apparel company could benefit from an e-sourcing solution?
Some would argue that just about any company, regardless of size or product
manufactured, could improve their operations with better communication and
management of the sourcing process. Others say that the more complicated the product
being produced, the more appropriate a solution will be.

For more information, Please visit : http://www.bharatbook.com/detail.asp?id

Web Site = http://www.bharatbook.com

Contact Details = Bharat Book Bureau
207, Hermes Atrium, Navi Mumbai - 400 614, India.
Ph. : +91-(022)-2757 8668 or +91-(022)-2757 9131
email : bharatbook@gmail.com

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