The supply chain in the retail sector is dysfunctional due to misalignment between process charts and cost sheets, leading to longer delivery times and higher costs. A shift towards full-value cost,...

Ethical sourcing is now a mainstream demand, with consumers prioritising responsibly sourced fashion. Retailers are using ERP and PDM systems to ensure transparency, track materials, and assess...

Emerging markets like Brazil, China, and India are seeing rapid growth in apparel demand as consumers gain more disposable income. However, each market presents unique challenges for multinational...

The 'R' word, 'Recession' is a predicament behind every country's economy, and is scary to both individuals and businesses alike. Businesses are down with low sales resulting in declined profits....

Merchandising in India's apparel export industry has evolved from a loosely defined role to a complex discipline. Initially, merchandisers managed orders and coordinated production, often acting as...

As the end of the first decade of the 21st century approaches, we find a slowing economy and a world heading for recession, but what does it mean to consumer? Let's take a minute to consider what...

In this paper, we analyze the value of money. We considerboth paper money and gold. We attempt to relate the supply of money (MS) andgold to their purchasing power (PP). We demonstrate the extent to...

As retail turnover declines, IT costs as a per cent of revenue may exceed benchmarks. Retailers must re-evaluate IT spend, treating it as a semi-variable cost aligned to business needs. Exploring...

Private labels are gaining popularity, offering better margins and consumer loyalty. Retailers offer private labels alongside national brands, with a focus on design control and cost savings. Once...

Retailers often look outward during economic slowdowns, but Ian Tomlinson argues they should focus inward by using key performance indicators (KPIs). Effective KPIs help monitor business health in...