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COVID-19 accelerated the inevitable: THE GLOBAL VALUE CHAIN FOR FASHION WAS ALREADY DEAD

YOUR CURRENT PROBLEM

TRADITIONAL CHALLENGES
  1. CLIENTS DEMAND
  2. STOCK LEVELS CONTROL
  3. UNADJUSTED TECHNOLOGY
  4. FORCED AND TRAFFICKED LABOR
  5. SUSTAINABILITY ISSUES
IMPACT OF COVID-19
  1. STORE CLOSURE
  2. CONSUMPTION COLLAPSE
  3. OVERSTOCK
  4. DEFAULTS ON SUPPLY CHAIN
  5. LAYOFFS

YOUR FUTURE PROBLEM

But even if Covid was solved next week, the impact in fashion retail would not be over.

Industry experts expect market to reopen within the next 3-6 months and when they do, the supply chain will be badly hurt. Covid will continue to impact your business for the next 12-18 months.

KEY CHALLENGES RETAILERS WILL FACE:

  1. SHORTAGES IN PRODUCT
  2. DELAYS IN PRODUCTION
  3. INCREASES IN COST

IS COVID-19 AFFECTING
YOUR BUSINESS?
Prepare yourself…
IT’S GETTING WORSE

OUR / YOUR SOLUTION

  • MINIMUM INVENTORY. Sales growth based on higher inventory risk is no longer acceptable and your business model needs to evolve to focus on speed and efficiency
  • INCREASED SPEED. Speed can be achieved by reducing finished goods’ lead times from months to weeks, reducing fashion uncertainty and exploiting much shorter working capital cycles
  • INCREASED EFFICIENCY. Integrating and digitalizing the process across each tier and partner of the supply chain
  • CIRCULARITY. Retail business need to break the wheel and build a link between retail supply flexibility and market value
  • SUSTAINABILITY. The additional financial value created is invested, in part, in social impact initiatives for sustainability, transparency and worker well-being which in turn will result in higher quality price and brand equity
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