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Apparel and Footwear

 

In the present day scenario, apparel and footwear industry is time sensitive and highly competitive. Apparel industry is characterized by short product life cycles, volatile and unpredictable demand, tremendous product variety, and long and inflexible supply processes. Meeting demand means introducing new apparel and footwear designs – and thousands of stock keeping units—faster than ever. The flood of new products continuously inundating the market drives down prices and decreases profit margins.

Client Challenges

  • Trend is short lived, designs become obsolete fast
  • New products stay in shelf for shorter durations
  • Fashion has shifted from selling products to selling an image
  • Long inflexible supply chains
  • Pricing and promotions can be complex given the number of Stock Keeping Units (SKUs).
  • Achieving growth and innovation in a mature industry
  • Inventory tracking is difficult due to large number of  variants and stock keeping units  in a particular category
  • Accelerating speed to market despite production

What TCS Provides

TCS offers a range of services to help enterprises move towards technology solutions: These include:

  • Aligned global trade functions with operational demands
  • Focused trade promotion analytics and retail execution helps re-engineer trade promotion processes and analytics to maximize ROI
  • PLM tools  and Predictive Models increase process velocity to ensure Products and Promotions reach customers  faster
  • Web 2.0, co-innovation networks can bring about successful Apparel designs
  • Collaborative technologies such as Unified Communications to re-orient supply chain to increase velocity and faster time to market