From the boardroom to reality: RFID in the fashion apparel / textile industry

From the boardroom to reality: RFID in the fashion apparel /
textile industry

Many Fashion Apparel / Textile companies - particularly those
with a large network of stores - are well underway in terms of
streamlining their supply chain and optimizing sales forecasts
and distribution. They are now looking for ways to enhance
revenues and market share by adopting modern ways of managing
stores and inventory. RFID has now become a centrepiece in their
strategic thinking. Some companies are also stepping up the
process into actual implementation.

A new business model for Fashion Apparel and Textile
chains

Leading Fashion Apparel / Textile companies have significantly
modified their business model.

Shifting away from manufacturing, Fashion Apparel & Textile
companies have built competitive advantage, based on new ways of
delivering value to their consumers.

A new business model has developed and stabilized based on a
centralized approach to design and logistics. A typical business
model now includes central design, hundreds of external
suppliers, (most often in Asia), and one or two central
warehouses that serve as a logistical hub for stocking a large
networks of retail outlets.

 The new frontier is in the retail store

The cost cutting side of supply chain management is to a large
extent behind us. It has already yielded most of its benefits.

The time is coming for additional revenue generation. Today,
most large network Fashion Apparel & Textile companies focus on
improving the