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Overview Of The Textile And Apparel Industry

1621 Words7 Pages

The aim of this study is to emphasize the importance the vendor selection problem and itsrelation to the supply chain strategy and goals. First, the current conditions of the textile or apparel industry are analyzed and the key factors for a successful supply chain considering the globalization of the industry are discussed. An analytical hierarchy process (AHP) model that an apparel company can use for the selection of suppliers is presented and a supplier relationship management (SRM) strategy is created based on the results of the model. In addition, strategic priorities for the supplier selection problem are identified and weights are developed to select the right supplier that fits the company’s strategy. Finally, the outcome and the implications …show more content…

Traditionally, performance measurement is defined as the process of quantifying the effectiveness and efficiency of action. It plays a critical role in monitoring performance, enhancing motivation and communication, and diagnosing problems. Furthermore, performance measurement helps identifying the success and potential of management strategies, and facilitating the understanding of the situation.

Traditionally, performance measurement is defined as the process of quantifying the effectiveness and efficiency of action. From the management perspective, performance provides the necessary information for feedback to decision makers and process managers. It plays a critical role in monitoring performance, enhancing motivation, facilitating communication, and diagnosing problems.

Performance measures are categorized into two groups; qualitative and quantitative. These measures involve customer satisfaction and responsiveness, flexibility, supplier performance, and costs. There are three types of measures: resources, output, and flexibility. A framework for measuring the strategic, tactical and operational level of performance in a supply chain, which deals mainly with supplier, delivery, customer service, and inventory, and logistics costs, …show more content…

However, Popp (as cited in Bruce, Daly & Towers 2004) suggests that in addition, in many chains there is an intermediary, often an import or export agency, acting as a significant figure within the chain. The addition of the intermediary has come about as a result of increasing globalization within the industry. Globalization of the textile and clothing supply chain is currently intensifying, with many companies either sourcing components from overseas, or moving manufacturing to countries with lower labour costs. In addition, the fashion industry is characterized by a number of factors, namely a short lifecycle, high volatility, low predictability, and high impulse purchase. (Bruce, Daly & Towers

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