We see the United states automotive industry moving in the same direction and closing plants in the U. S. while the Japanese and Germans are building new plants.
It had been not long ago that the clothing and textile trade shows used multiple locations and thousands of square feet of showroom space in Atlanta and Las Las vegas and now are taking devote one corner of one building. This is a testament to how these industries are failing to be profitable, competitive and in business.
The use of business intelligence applications is an extremely good example of how mid-sized apparel and textile companies are lacking the boat in regards to understanding how to let technology applications work for them. The capability exists to immediately generate paperless dashboard reports on critical conditions in their functions and, also, produce a culture where managers are evaluating and fixing those conditions. On the other hand, mid-sized apparel and fabric companies are still linked to expensive static spreadsheets, paper reports and high-cost labor to create them.
The development of key performance signals (KPI’s) and metrics is an essential component of strategic planning. KPI’s give the owners and mature managers to monitor how their procedures and employees perform and is a critical step in the planning process. It is important to teach their managers how to implement performance tools and KPI reporting.
A essential factor of creating competitive advantages is the understanding of business Retail Space Bangkok process management and performance engineering. In my strategic planning sessions, we go through a number of exercises which are geared towards training managers to think entrepreneurially and create a performance mentality. The results are dramatic when those who have the ability to make change understand what the performance factors are and develop the skills to implement them.
Another technology area that clothing and textile companies should get started to take a position and utilize is sales optimization tools. Sales optimization products are developed to automate order taking by their customers’ buyers and make the experience faster and easier. Additional products, which can aid the sales team, are mobility application dashboards to review bookings, sales, supply and determine which products are currently selling at major retailers locations geographically.
My hopes for the clothing and textile industries are that they get started to create competitive advantages through strategic planning and investing in technology products so they can survive and that we can protect our economy and work with what remains of these industries.
Russ Pierce’s technology consulting combines strong technology expertise and strategy capacities which cover the whole range of professional services including Strategy Planning, Chemical. I. O. Advisory Providers, Performance Engineering, Business Method Management and technology applications-from developing an IT strategy to implementing solutions for optimizing the IT infrastructure and applications. Russ provides his clients with leading edge technology solutions, experienced problem solving capability and the expertise to help an organization streamline current practices to save money, time, effort and help emphasis resources on the right tasks. He has shown to be a confident leader who can provide new methods of procedure and is a highly effective communicator of his vision and goals.