| Road Map To Future |
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The Modern Enterprises The concept of successful enterprises has changed dramatically all over the world. At the beginning of the industrial revolution, machines were competing with hands. Hand made products in homes or small workshops were quickly being replaced by Machine made products because they were cheaper and consistent. Today machine Were common & cheaper. Any successful Company must have the following areas of work:
MANUFACTURING Garment factory is just the manufacturing part of the apparel business, and as discussed above, it is relatively the easiest part. Modernizing the manufacturing and production of garment is what we should be aiming for; since production of garment is also a vast area in itself we should break it up into different stages, such as
Distribution & marketing: It can be visualized as the method in which the product reaches the intended target. It is one of the parts of the selling aspect of the trade and there by also including marketing. It also means the method in which you get the product from the manufacturing facility to near by outlet or can involve warehousing agents, trucking, etc. It is important to note that each link in the distribution chain has a cost associated and therefore profit margin. Majority of us are simply working on style given by their customers local agents and the mode of shipment, delivery date, and nomination of forwarding agent is specified. We just follow the procedure and that’s it, in the future Apparel companies will have to look at swelling differently. The distribution chain for manufacturing to overseas retailing can be as following:
Design: It is this aspect of the apparel business, which is the most important and also the most rewarding. We all know the importance of designs in the trade. At least twice every year, new designs are developed somewhere and reach us through fax and email from our customers and we are asked to develop them and send them samples. We also are aware that a little difference in styling can sometimes increase or decrease the price. Why is it that local companies seldom design their won products? How many of us have trained designers in our factories? Branding: This is probably the toughest aspect of the apparel business. It requires a long-term investment, a lot of promotion and a clear vision. It also means that for the same product, the consumer is willing to pay more just for the name. When we think about LEVI’S our REEBOK. But there are million other small brands all over the work, which are trying to create their version of styling and recognition. Apparel companies who wish to expand their business through design and distribution must also invest in branding. Research and Development: There are 2 areas in the apparel business where initially research and development can play an important role.
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