Tuesday, November 28, 2023

Navigating the Pre-Order Model to tackle inventory challenges

The good part in the fashion industry is we see brands talking about sustainable materials, take-back programs and even re-sale. Despite these efforts, the consumer's shopping behavior is so unpredictable raising the risk of: OVERPRODUCTION; Shouldn’t the first step be to produce less?

As a small business and to tackle this inventory problem, we navigated through the pre-order model – A model where clothes come to life only when someone, somewhere, whispers, "Yes, I want this.

Here are few takeaways we learnt:

  1. Resource Efficiency: A lot more sustainable use of resources since production is aligned with actual demand.
  2. Streamlined Supply Chain: A more streamlined supply chain in terms of lead times and operational efficiency
  3. Strengthen Customer Relationship: Customers became part of the narrative and fostered a more personal connection as we shared updates about their creation.

Calling all fashion brand owners and designers to comment below; Lets initiate a conversation

https://preview.redd.it/4mzx0db9583c1.jpg?width=1587&format=pjpg&auto=webp&s=702c527066887875894a9f85bcc071462ba85148



Submitted November 29, 2023 at 12:34AM by Pureclothforkids https://ift.tt/lZCFHQw

No comments:

Post a Comment