CARGOCONNECT-MAY23 - Flipbook - Page 28
COVERSTORY
APPAREL SUPPLY CHAIN
TAPASWI PVN
GENERAL MANAGER–
EXIM AND COMMERCIALS
ARVIND
IT IS CRUCIAL TO
CONSIDER BOTH
SHORT-TERM NEEDS
AND LONG-TERM
STRATEGIES TO
ENHANCE SERVICE
LEVELS FOR THE
NEXT DECADE
C
ompanies will
have to constantly
evaluate their
operations, look for
ways to optimise
processes and innovate to
stay ahead
By devising innovative strategies to address supplier collaboration, transparency, and
business continuity planning,
companies can build preventive measures to achieve
long-term sustainability
In order to achieve the leadership
vision and operate with agility,
collaboration and coordination
among all the stakeholders along
with technology integration in
the apparel value chain ecosystem is crucial. Such integrations
help to streamline processes,
improve efficiency and optimise
costs by bringing together manufacturers, designers, retailers
to work systematically towards
common goals.
Adapting to needs, being
sustainable for the future can
be achieved by advanced data
management systems, ensuring
a roadmap for optimisation in
inventory management and overall
reduction in logistics lead time.
Companies will have to constantly evaluate their operations,
look for ways to optimise processes
and innovate to stay ahead of the
competition with standard continuous improvement programmes.
The pandemic highlighted the
importance of adaptability in
supply chain management. To
address industry constraints,
companies are implementing
approaches that leverage new
technologies. In the textile and
apparel industry, digitalisation
is being adopted to improve
productivity, enhance the customer experience, and increase
efficiency. In addition, sustainability and ethical supply chain
initiatives are becoming critical
for companies to remain relevant
and competitive in the market.
A comprehensive supply
chain strategy for the textile and
apparel industry should focus
on the following to achieve high
standards of ethical and sustainable industry practices, such as
healthy supplier collaboration,
transparency, and business
continuity planning. By devising
innovative strategies to address
28 | CARGOCONNECT MAY 2023
these areas, companies can build
preventive measures to achieve
long-term goals.
Only by adopting intelligent
and data-driven approaches
companies can improve their
agility and responsiveness
to changes in the market
The pandemic disruption made
it clear that intelligent demand
forecasting and planning are
essential for the textile and apparel
industry. To meet demand during
this period, real-time data-driven
AI forecasting, intelligent and
collaborative planning, inventory optimisation, and supply
chain visibility at every stage are
necessary. These measures can
help control the flow of the supply
chain, ensure timely delivery of
orders, and help to balance supply
and demand effectively. It is only
by adopting such intelligent and
data-driven approaches that companies can improve their agility
and responsiveness to changes in
the market, ultimately improving
customer satisfaction and loyalty.
Companies that embrace
modern logistics capabili-
ties and technologies can
expect to achieve significant
benefits, including greater
efficiency, reduced costs, and
improved customer service
The mood of the industry is
positive when it comes to taking advantage of modern-day
logistics management capabilities.
Consumer goods, textile, and
apparel companies are increasingly recognising the need for
digital technologies to optimise
their logistics and remain competitive in today’s dynamic business environment. Cloud-based
platforms, analytics visuals, and
real-time tracking of shipments
are value-added services offered
to customers alongside finished
goods. Achieving modern yet
conventional legacies requires an
agile approach and a continuous
improvement mindset.
Companies that embrace
these modern logistics capabilities and technologies can expect
to achieve significant benefits,
including greater efficiency,
reduced costs, and improved
customer service. By adopting
an agile approach and a culture
of continuous improvement,