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Apparel
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"We selected Management Dynamics because the software provider
was large and stable enough to support VF’s heavy volume of customs activities,
which previously have been managed manually."
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Manufacturers of apparel and footwear have long dealt with intense
global pricing pressure and implemented low cost country sourcing strategies to
remain competitive. To appeal to the broadest market possible, industry players
have diverse product portfolios that address changes in season and continuously
evolving trends in fashion.
Challenge
With long supply lines, continued price pressure and the requirement to flexibly
fulfill ever-changing demand profiles, apparel and footwear manufactures need:
- A robust sourcing strategy to continually find the most competitive supply
base by taking advantage of preferential trade agreements (PTAs).
- To automate the end-to-end GTM process to manage key trading partner relationships
and reduce total cycle times.
- To manage in-transit inventory to postpone fulfillment decisions and better
meet local demand.
Solution
Management Dynamics provides apparel and footwear companies with an integrated
suite of GTM solutions that allow them to maintain compliance across their
global operations and to continually identify ways of reducing costs including:
- Multi-mode Supply Chain Visibility to connect all trading partners and establish
a foundation of process control across suppliers, orders and shipments.
- Global Knowledge® trade content that supports key PTAs including NAFTA, CAFTA,
Aus/NZ, and EU.
- Trade Compliance solutions that manage PTAs and accurately automate process
to avoid clearance delays and potential fines.
- Transportation Management solutions to manage the costs of sea and airfreight
and optimize carrier selection decisions.
- Trade Finance solutions to reduce the total cost of financing the value
chain and hence lowering delivered costs.
Management Dynamics’ GTM solutions help apparel and footwear
manufacturers to realize higher inventory turns and lower total delivered costs
while improving fulfillment decisions which lead to higher in-stocks.
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