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Analyzing Sourcing and Manufacturing Strategies for Better Financial Performance   Jim Lovejoy Textile/Clothing Technology Corp.
Research Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object]
Retail Performance Measures ,[object Object],[object Object],[object Object]
Retail Performance Measures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Retail Planning Strategies ,[object Object],[object Object],[object Object],[object Object]
Manufacturer Performance Measures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategies Evaluated ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Traditional Build to Plan
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Vendor Managed Inventory
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Quick Response
Newsboy ,[object Object],[object Object]
Model Stock ,[object Object],[object Object],[object Object]
Target Weeks Supply ,[object Object],[object Object]
Forecast Error ,[object Object],[object Object],[object Object],[object Object]
Forecast vs. Actual Demand SKU Mix Error ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Seasonality Curves % of Total Sales % of Total Sales
Importance of Speed & Flexibility ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Simulation Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Demand Season Demand Season
Example Scenario ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Performance Comparison  for a 16 Week Season ,[object Object],[object Object],[object Object],[object Object],[object Object]
Performance Comparison  for a 16 Week Season (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Overall Service Level  for Different Season Lengths QR Traditional Season Length Service Level %
Gross Margin for QR Perfect Volume Forecast Traditional GM$ Wholesale Price QR $13.65
Gross Margin for QR Forecast 25% Low Traditional QR Wholesale Cost $ GM$ $14.20
Gross Margin for QR Forecast 25% High QR Traditional $16.00
Are we using a complete scorecard in our sourcing decisions?
Onshore/Offshore Example  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Compare QR vs 807 Sourcing for Seasonal Garment  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Compare QR vs 807 Sourcing for Seasonal Garment (20 weeks) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Compare QR vs 807 Sourcing for Seasonal Garment (20 weeks) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Compare QR vs QR/807 Blend Sourcing for Seasonal Garment (20 weeks) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
QR vs. 807 Conclusions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Value of Collaboration  -  Case Study ,[object Object]
Collaborative  Supply Chain Results ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Collaborative Supply Chain Results
Collaborative Supply Chain Results
Manufacturer’s Collaborative Results Best Case vs. Typical ,[object Object],[object Object],[object Object],[object Object]
Research Results - General ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Top Ten Levers for Financial Performance (other than price) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
References ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank you!  Questions? ,[object Object],[object Object],[object Object],[object Object],[object Object]

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