Importance and Benefits of Apparel Sourcing Agent

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Importance and Benefits of Apparel Sourcing Agent

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Apparel Sourcing means manufacturing their own raw materials or finished products in the firms own production facilities and then selling them to vendors through sourcing agents. – PowerPoint PPT presentation

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Title: Importance and Benefits of Apparel Sourcing Agent


1
Importance and Benefits of Apparel Sourcing Agent
2
Sourcing in Apparel Industry
  • Apparel Sourcing means manufacturing their own
    raw materials or finished products in the firms
    own production facilities and then selling them
    to vendors through sourcing agents.
  • SmallWorld is a source of comprehensive range for
    Fashion accessories. Their sourcing products
    include Scarves and Stoles, Capes and Bandanas,
    Beach wraps and Kimonos, The range of fabric and
    Leather bags including duffels, purses, handbags,
    rucksacks, etc.

3
Points To Consider For Effective Sourcing
  • The Reputation of the apparel sourcing agent by
    analyzing his previous performances and legal
    background that he has no fraud or links with
    terrorist.
  • Facilities provided by the agents to maintain
    enhance the connection with the buyer and work as
    a team member.
  • The level of adaptability of the sourcing agents
    in times of crisis.
  • Financial Capabilities of the sourcing agents and
    production facilities to complete the order.

4
3 Parameters of Apparel Sourcing
  • There are 3 main parameters of an apparel
    sourcing like product cost, quality and lead-time
    and all are interrelated. Selling of a high cost
    product with poor quality becomes a biggest
    challenge.
  • Quality and lead-time go hand in hand. One should
    not forget the time needed for the raw-material
    like fabric, trims or other accessories that
    would define the timing of the finished goods.
  • Longer lead times can be avoided by practicing
    Lean Retailing which means they only own
    products that are there in stores.

5
Future of Apparel Sourcing
  • The future of apparel sourcing lies in instilling
    new skill set amongst sourcing professionals, who
    possess product knowledge, business acumen,
    consumer-centric focus, Omni-channel perspective
    and design and engineering capabilities.
  • Empowerment of sourcing staff in companies,
    meaningful professional development
    opportunities, opportunities of cross-pollination
    among functional departments and better talent
    management can help in the development of a
    talent pool like that.

6
Contact Details
SmallWorldIndia.com Address D-34, Sector-11
Noida - 201 301, Uttar Pradesh (INDIA) Contact
(91)-(120)-2549589, 2549590, 2549002,
2549003 Email contact_at_smallworldindia.com Skype
smallworldindia
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