The document discusses consolidating and organizing the trim sourcing process across yoga, lounge, and LA categories. It outlines creating a trim library and fact sheet protocol to provide easy access to cost-effective trim options with clear lead times. This would help align categories, reduce duplicate sourcing, and lower costs by leveraging existing trims and vendors when possible.
The document discusses types of dumping such as intermittent, persistent, and predatory dumping. It notes features of dumping include entering foreign markets, selling surplus production, and developing trade relations. It defines anti-dumping action as charging extra import duties on particular products from exporting countries to bring prices closer to normal value or remove injury to domestic industries. Anti-dumping sources mentioned are tariff duties, import quotas, import embargoes, and voluntary export restraints.
Trade related investment measurements 128922,128923Abhi Kvs
This document discusses Trade Related Investment Measures (TRIMs) negotiated during the Uruguay Round of trade talks. It provides background on TRIMs discussions, challenges during negotiations, examples of TRIMs that restrict market access or impose performance requirements, and the structure and aims of the resulting TRIMs Agreement. The Agreement focuses on prohibiting TRIMs that violate GATT national treatment or quantitative restriction provisions. It required WTO members to eliminate notified TRIMs within transition periods and established a standstill preventing new inconsistent TRIMs.
The Agreement on Trade-Related Investment Measures (TRIMs) aims to promote trade liberalization while ensuring competition. It recognizes that certain investment measures can distort trade. The TRIMs Agreement clarifies that GATT Articles III (national treatment) and XI (prohibition of quantitative restrictions) apply to investment measures related to trade in goods. It includes an illustrative list of measures inconsistent with these articles, such as local content requirements and import/export balancing requirements. The agreement establishes notification requirements for members and transition periods for eliminating inconsistent measures. It focuses on limiting investment measures' impact on trade in goods and does not regulate foreign investment or services.
TRIMS are trade-related investment measures that WTO members agreed to eliminate because they discriminate against foreign products or foreign investors. The document outlines specific TRIMS that are prohibited, such as local content requirements, trade balancing requirements, and export performance requirements. It provides transitional periods for developing countries to eliminate non-compliant TRIMS by 1995. India used to have local content requirements but scrapped them to comply with TRIMS.
The TRIPs Agreement is the most comprehensive international agreement on intellectual property rights administered by the World Trade Organization. It was established in 1994 to introduce intellectual property laws into international trade. Adoption of TRIPs is mandatory for WTO membership, requiring member nations to implement strict IP laws. TRIPs sets minimum standards for protecting copyrights, trademarks, patents, and other IP for a set number of years depending on a country's development status. The objective is to reward creativity, protect investments, and facilitate technology transfer between nations.
The document discusses the TRIPS agreement and its impact on Indian patent law. Some key points:
- TRIPS established minimum global standards for intellectual property protection, including recognizing 7 types of IP rights like patents and copyright. It required countries to provide patent protection for inventions in all fields of technology.
- India initially only allowed process patents for food, drugs etc. TRIPS allowed India a 10 year transition period to implement product patents in all areas.
- The 2005 Patent Act Amendment in India fully complied with TRIPS by granting product patents for all inventions effective January 1, 2005. It also addressed issues like patentability criteria, opposition processes, and compulsory licensing.
Levine-Clark, Michael and Rebecca Seger, “Reaching Sustainable Models for E-B...Michael Levine-Clark
Levine-Clark, Michael and Rebecca Seger, “Reaching Sustainable Models for E-Book Purchasing,” Charleston Seminar – Being Earnest with our Collections: Determining Key Challenges and Best Practices, Charleston Conference, Charleston, S.C. November 8, 2014.
The document discusses types of dumping such as intermittent, persistent, and predatory dumping. It notes features of dumping include entering foreign markets, selling surplus production, and developing trade relations. It defines anti-dumping action as charging extra import duties on particular products from exporting countries to bring prices closer to normal value or remove injury to domestic industries. Anti-dumping sources mentioned are tariff duties, import quotas, import embargoes, and voluntary export restraints.
Trade related investment measurements 128922,128923Abhi Kvs
This document discusses Trade Related Investment Measures (TRIMs) negotiated during the Uruguay Round of trade talks. It provides background on TRIMs discussions, challenges during negotiations, examples of TRIMs that restrict market access or impose performance requirements, and the structure and aims of the resulting TRIMs Agreement. The Agreement focuses on prohibiting TRIMs that violate GATT national treatment or quantitative restriction provisions. It required WTO members to eliminate notified TRIMs within transition periods and established a standstill preventing new inconsistent TRIMs.
The Agreement on Trade-Related Investment Measures (TRIMs) aims to promote trade liberalization while ensuring competition. It recognizes that certain investment measures can distort trade. The TRIMs Agreement clarifies that GATT Articles III (national treatment) and XI (prohibition of quantitative restrictions) apply to investment measures related to trade in goods. It includes an illustrative list of measures inconsistent with these articles, such as local content requirements and import/export balancing requirements. The agreement establishes notification requirements for members and transition periods for eliminating inconsistent measures. It focuses on limiting investment measures' impact on trade in goods and does not regulate foreign investment or services.
TRIMS are trade-related investment measures that WTO members agreed to eliminate because they discriminate against foreign products or foreign investors. The document outlines specific TRIMS that are prohibited, such as local content requirements, trade balancing requirements, and export performance requirements. It provides transitional periods for developing countries to eliminate non-compliant TRIMS by 1995. India used to have local content requirements but scrapped them to comply with TRIMS.
The TRIPs Agreement is the most comprehensive international agreement on intellectual property rights administered by the World Trade Organization. It was established in 1994 to introduce intellectual property laws into international trade. Adoption of TRIPs is mandatory for WTO membership, requiring member nations to implement strict IP laws. TRIPs sets minimum standards for protecting copyrights, trademarks, patents, and other IP for a set number of years depending on a country's development status. The objective is to reward creativity, protect investments, and facilitate technology transfer between nations.
The document discusses the TRIPS agreement and its impact on Indian patent law. Some key points:
- TRIPS established minimum global standards for intellectual property protection, including recognizing 7 types of IP rights like patents and copyright. It required countries to provide patent protection for inventions in all fields of technology.
- India initially only allowed process patents for food, drugs etc. TRIPS allowed India a 10 year transition period to implement product patents in all areas.
- The 2005 Patent Act Amendment in India fully complied with TRIPS by granting product patents for all inventions effective January 1, 2005. It also addressed issues like patentability criteria, opposition processes, and compulsory licensing.
Levine-Clark, Michael and Rebecca Seger, “Reaching Sustainable Models for E-B...Michael Levine-Clark
Levine-Clark, Michael and Rebecca Seger, “Reaching Sustainable Models for E-Book Purchasing,” Charleston Seminar – Being Earnest with our Collections: Determining Key Challenges and Best Practices, Charleston Conference, Charleston, S.C. November 8, 2014.
From constructing their music video product, the student has:
1) Researched films with similar genres and conventions to inform their work.
2) Planned their schedules, storyboards, locations, and footage using their planning blog.
3) Uploaded earlier versions and the final video to YouTube to evaluate their work and get feedback from audiences.
Levine-Clark, Michael, “E-Resources in Academic Libraries: Trends, Strategies...Michael Levine-Clark
This document discusses trends in e-resources in academic libraries. It outlines how libraries' roles are evolving from managing print collections to managing multiple streams of digital content through various acquisition models like subscriptions, demand-driven acquisition, and licensing. It also examines challenges like declining budgets and new content types. The document analyzes different access models for ebooks and journals, balancing factors like cost, rights, and long-term access. It notes the complexity of evaluating e-resources given issues with usage data and determining value across platforms.
We Want YOU! Contributing to the Django CommunityMarcel Chastain
Contribute to the communities surrounding Open Source software like Django, Python, Github libraries easily - we need all the help we can get! In person, over the internet - it's easy!
Guerilla Human Computer Interaction and Customer Based DesignQuentin Christensen
Guerilla HCI is low cost methods of learning from customers and testing your products to improve them. Learn about the different types of guerilla HCI methods you can use to build great products when you don't have unlimited resources to interact with customers and run expensive research studies.
Levine-Clark, Michael, and Barbara Kawecki, "Best Practices for Demand-Driven...Michael Levine-Clark
Levine-Clark, Michael, and Barbara Kawecki, "Best Practices for Demand-Driven Acquisition of Monographs: Preliminary Recommendations of the NISO DDA Working Group," Charleston Conference, November 8, 2013.
Since Summer 2012, a National Information Standards Organization (NISO) working group has been developing a recommended practice regarding Demand-Driven Acquisition. This group, consisting of librarians, publishers, e-book aggregators, and approval and ILS vendors, has gathered feedback through surveys, interviews, and focus groups, and will present draft recommendations and ask for audience reactions.
The working group plans to release a final report in Spring 2014. This session will provide a crucial opportunity for stakeholders to respond to preliminary findings of the group, including detailed results of its recent international survey of stakeholders about DDA practices and opinions. The report will include recommendations on:
Best practices for populating and managing the pool of titles under consideration for potential purchase, including methods for automated updating and removal of discovery records;
Development of consistent models for the three basic aspects of e-book DDA – free discovery to prevent inadvertent transactions, temporary lease, and purchase – that work for publishers and libraries;
Methods for managing DDA of multiple formats; and
Models and strategies for measuring and predicting use.
Niso ddLevine-Clark, Michael, “New forms of Discovery and Purchase in Librari...Michael Levine-Clark
The document discusses recommendations for new forms of discovery and purchasing in libraries using demand-driven acquisitions (DDA). It outlines four broad goals for DDA programs: saving money, spending the same amount more wisely, providing broader access, and building a permanent collection via patron input. The recommendations address establishing goals, choosing content and DDA models, profiling, loading and removing records, assessment, preservation, and consortial DDA. The presentation of these recommendations aims to develop a flexible DDA model that meets local needs while allowing for consortial participation and cross-aggregator implementation.
The document discusses recommendations for new forms of discovery and purchasing in libraries using demand-driven acquisitions (DDA). It outlines four broad goals for DDA programs: saving money, spending the same amount more wisely, providing broader access, and building a permanent collection via patron input. The recommendations address establishing goals, choosing content and DDA models, profiling, loading and removing records, assessment, preservation, and consortial DDA. The presentation of these recommendations aims to develop a flexible DDA model that meets local needs while allowing for consortial participation and cross-aggregator implementation.
User Research for the Web and ApplicationsDani Nordin
In this workshop given for Skillshare, I discuss basic techniques and deliverables to help teams understand their site's users, organize content and visualize task flows.
Evidence-Based eBook Purchasing: Results and Implications from a Consortia-Pu...Charleston Conference
This document summarizes a case study of a demand-driven acquisitions (DDA) program between the University of California system and CRC Press for engineering eBooks. The key points are:
1) The UC system had previously purchased CRC eBook archives but wanted to explore DDA to acquire new titles. They tested a DDA model for CRC's engineering eBook collection.
2) The DDA program was administered by the California Digital Library and gave all UC campuses access to newly published engineering eBooks. Titles that saw sufficient use were purchased for the system.
3) The initial results found that about 7% more titles were purchased than projected, showing the DDA program was an effective
Keith Schengili-Roberts - DITA Worst PracticesJack Molisani
While people are interested in hearing about successes, we can actually learn more from failure. Not only do we discover what not to do, but also how to avoid the circumstances that led to it. Presenter Keith Schengili-Roberts has seen a lot of good and bad things happen to DITA implementations over the years, and part of his job at IXIASOFT is to investigate what works, what doesn’t, and why. Listen to his stories on the best (worst) DITA practices!
Design Principle Basics, UX Best Practices & 2016 Trends - Kuala Lumpur Marke...Freelance
Several basic design principles play an enormous role in the success rate or failure of marketing campaigns.
Learn how to take full advantage of these make-or-break factors – which largely determine whether customers are drawn in by featured content, or simply walk on by without even noticing it.
Download this colorful slide presentation, in which the ever-animated trainer Nikki Johnson highlights the basic principles of graphic design, simple UX best practices, and 2016 website trends, which all marketers should take to heart to position their work for maximum success.
Learn how to provide more constructive feedback to your design team as a marketing professional.
The document outlines recommendations from the NISO DDA Working Group for demand-driven acquisition of monographs. It recommends establishing goals for DDA programs, choosing content and models, profiling collections, loading and removing records, assessment, preservation, and consortial DDA. The working group gathered information over two years from surveys and interviews with libraries and publishers. A final report with best practices will be available for public comment until April 24, 2014.
Levine-Clark, Michael, and Barbara Kawecki, “NISO’s Initiative for Best Pract...Michael Levine-Clark
The document outlines recommendations from the NISO DDA Working Group for demand-driven acquisition of monographs. It recommends establishing goals for DDA programs, choosing content and models, profiling criteria, loading and removing records, assessment, preservation, and consortial and public library DDA. The working group gathered information over two years from surveys and interviews with libraries, publishers, vendors and aggregators. A final report with the recommendations was open for public comment until April 2014.
Levine-Clark, Michael, and Barbara Kawecki, “Best Practices for Demand-Driven...Michael Levine-Clark
Levine-Clark, Michael, and Barbara Kawecki, “Best Practices for Demand-Driven Acquisition of Monographs: Recommendations of the NISO DDA Working Group,” Electronic Resources & Libraries, Austin, March 17, 2014.
This document provides an overview of distribution and channel management. It discusses marketing channels and the functions they perform in bringing products from producers to consumers, such as making products available, providing information, promotion, and taking on risks. It also covers types of channel members like wholesalers, retailers, and agents. Key factors that affect channel decisions are described, like the type of product, customer, market environment and a company's internal considerations. Channel conflict that can arise between members is also summarized.
The document discusses open source software and contributing to open source projects. It defines open source software as community-driven, collaboratively built, transparent, and available for all to change and redistribute. Open source relies on a self-motivated community with different levels of involvement from users to code contributors. Organizations can influence projects through contributions like code, resources, or sponsorship. The document encourages contributing to open source to build skills, learn collaboration, and gain public experience for one's resume. It provides tips like being patient, sharing ideas, accepting criticism, and staying engaged through developer forums and mailing lists.
User Research for the Web and ApplicationsDani Nordin
Update of a talk originally given as a Skillshare workshop. Given at BioRaft Drupal Nights in summer 2013, and to be given at UX Boston in September 2013.
From constructing their music video product, the student has:
1) Researched films with similar genres and conventions to inform their work.
2) Planned their schedules, storyboards, locations, and footage using their planning blog.
3) Uploaded earlier versions and the final video to YouTube to evaluate their work and get feedback from audiences.
Levine-Clark, Michael, “E-Resources in Academic Libraries: Trends, Strategies...Michael Levine-Clark
This document discusses trends in e-resources in academic libraries. It outlines how libraries' roles are evolving from managing print collections to managing multiple streams of digital content through various acquisition models like subscriptions, demand-driven acquisition, and licensing. It also examines challenges like declining budgets and new content types. The document analyzes different access models for ebooks and journals, balancing factors like cost, rights, and long-term access. It notes the complexity of evaluating e-resources given issues with usage data and determining value across platforms.
We Want YOU! Contributing to the Django CommunityMarcel Chastain
Contribute to the communities surrounding Open Source software like Django, Python, Github libraries easily - we need all the help we can get! In person, over the internet - it's easy!
Guerilla Human Computer Interaction and Customer Based DesignQuentin Christensen
Guerilla HCI is low cost methods of learning from customers and testing your products to improve them. Learn about the different types of guerilla HCI methods you can use to build great products when you don't have unlimited resources to interact with customers and run expensive research studies.
Levine-Clark, Michael, and Barbara Kawecki, "Best Practices for Demand-Driven...Michael Levine-Clark
Levine-Clark, Michael, and Barbara Kawecki, "Best Practices for Demand-Driven Acquisition of Monographs: Preliminary Recommendations of the NISO DDA Working Group," Charleston Conference, November 8, 2013.
Since Summer 2012, a National Information Standards Organization (NISO) working group has been developing a recommended practice regarding Demand-Driven Acquisition. This group, consisting of librarians, publishers, e-book aggregators, and approval and ILS vendors, has gathered feedback through surveys, interviews, and focus groups, and will present draft recommendations and ask for audience reactions.
The working group plans to release a final report in Spring 2014. This session will provide a crucial opportunity for stakeholders to respond to preliminary findings of the group, including detailed results of its recent international survey of stakeholders about DDA practices and opinions. The report will include recommendations on:
Best practices for populating and managing the pool of titles under consideration for potential purchase, including methods for automated updating and removal of discovery records;
Development of consistent models for the three basic aspects of e-book DDA – free discovery to prevent inadvertent transactions, temporary lease, and purchase – that work for publishers and libraries;
Methods for managing DDA of multiple formats; and
Models and strategies for measuring and predicting use.
Niso ddLevine-Clark, Michael, “New forms of Discovery and Purchase in Librari...Michael Levine-Clark
The document discusses recommendations for new forms of discovery and purchasing in libraries using demand-driven acquisitions (DDA). It outlines four broad goals for DDA programs: saving money, spending the same amount more wisely, providing broader access, and building a permanent collection via patron input. The recommendations address establishing goals, choosing content and DDA models, profiling, loading and removing records, assessment, preservation, and consortial DDA. The presentation of these recommendations aims to develop a flexible DDA model that meets local needs while allowing for consortial participation and cross-aggregator implementation.
The document discusses recommendations for new forms of discovery and purchasing in libraries using demand-driven acquisitions (DDA). It outlines four broad goals for DDA programs: saving money, spending the same amount more wisely, providing broader access, and building a permanent collection via patron input. The recommendations address establishing goals, choosing content and DDA models, profiling, loading and removing records, assessment, preservation, and consortial DDA. The presentation of these recommendations aims to develop a flexible DDA model that meets local needs while allowing for consortial participation and cross-aggregator implementation.
User Research for the Web and ApplicationsDani Nordin
In this workshop given for Skillshare, I discuss basic techniques and deliverables to help teams understand their site's users, organize content and visualize task flows.
Evidence-Based eBook Purchasing: Results and Implications from a Consortia-Pu...Charleston Conference
This document summarizes a case study of a demand-driven acquisitions (DDA) program between the University of California system and CRC Press for engineering eBooks. The key points are:
1) The UC system had previously purchased CRC eBook archives but wanted to explore DDA to acquire new titles. They tested a DDA model for CRC's engineering eBook collection.
2) The DDA program was administered by the California Digital Library and gave all UC campuses access to newly published engineering eBooks. Titles that saw sufficient use were purchased for the system.
3) The initial results found that about 7% more titles were purchased than projected, showing the DDA program was an effective
Keith Schengili-Roberts - DITA Worst PracticesJack Molisani
While people are interested in hearing about successes, we can actually learn more from failure. Not only do we discover what not to do, but also how to avoid the circumstances that led to it. Presenter Keith Schengili-Roberts has seen a lot of good and bad things happen to DITA implementations over the years, and part of his job at IXIASOFT is to investigate what works, what doesn’t, and why. Listen to his stories on the best (worst) DITA practices!
Design Principle Basics, UX Best Practices & 2016 Trends - Kuala Lumpur Marke...Freelance
Several basic design principles play an enormous role in the success rate or failure of marketing campaigns.
Learn how to take full advantage of these make-or-break factors – which largely determine whether customers are drawn in by featured content, or simply walk on by without even noticing it.
Download this colorful slide presentation, in which the ever-animated trainer Nikki Johnson highlights the basic principles of graphic design, simple UX best practices, and 2016 website trends, which all marketers should take to heart to position their work for maximum success.
Learn how to provide more constructive feedback to your design team as a marketing professional.
The document outlines recommendations from the NISO DDA Working Group for demand-driven acquisition of monographs. It recommends establishing goals for DDA programs, choosing content and models, profiling collections, loading and removing records, assessment, preservation, and consortial DDA. The working group gathered information over two years from surveys and interviews with libraries and publishers. A final report with best practices will be available for public comment until April 24, 2014.
Levine-Clark, Michael, and Barbara Kawecki, “NISO’s Initiative for Best Pract...Michael Levine-Clark
The document outlines recommendations from the NISO DDA Working Group for demand-driven acquisition of monographs. It recommends establishing goals for DDA programs, choosing content and models, profiling criteria, loading and removing records, assessment, preservation, and consortial and public library DDA. The working group gathered information over two years from surveys and interviews with libraries, publishers, vendors and aggregators. A final report with the recommendations was open for public comment until April 2014.
Levine-Clark, Michael, and Barbara Kawecki, “Best Practices for Demand-Driven...Michael Levine-Clark
Levine-Clark, Michael, and Barbara Kawecki, “Best Practices for Demand-Driven Acquisition of Monographs: Recommendations of the NISO DDA Working Group,” Electronic Resources & Libraries, Austin, March 17, 2014.
This document provides an overview of distribution and channel management. It discusses marketing channels and the functions they perform in bringing products from producers to consumers, such as making products available, providing information, promotion, and taking on risks. It also covers types of channel members like wholesalers, retailers, and agents. Key factors that affect channel decisions are described, like the type of product, customer, market environment and a company's internal considerations. Channel conflict that can arise between members is also summarized.
The document discusses open source software and contributing to open source projects. It defines open source software as community-driven, collaboratively built, transparent, and available for all to change and redistribute. Open source relies on a self-motivated community with different levels of involvement from users to code contributors. Organizations can influence projects through contributions like code, resources, or sponsorship. The document encourages contributing to open source to build skills, learn collaboration, and gain public experience for one's resume. It provides tips like being patient, sharing ideas, accepting criticism, and staying engaged through developer forums and mailing lists.
User Research for the Web and ApplicationsDani Nordin
Update of a talk originally given as a Skillshare workshop. Given at BioRaft Drupal Nights in summer 2013, and to be given at UX Boston in September 2013.
2. • Simplify (non-branded) trim sourcing process
• Organize Trims
• Emphasize importance of short/long lead
times, base qualities, and cost-effective
options
• Create “PINK Trim Fact Sheet” protocol for go
forward
3. • Consolidated non-branded trims across Yoga,
LA, and Lounge categories
• Created Trim Library for Design and Pre-
Production use
– Binder per trim type
– Within binder, separated by region
• Helped work towards prioritized objectives
• Addressed cost issues from a customer
perspective
4. • Disorganized
• Yoga, Lounge, LA may be using the same trim
from different vendors
• Categories using trims that are minimally
different from each other
• Lead times are unclear and long
• Importing most trims and paying to air them
5. • Easy access to Trims that are in development,
currently being used, etc.
• All categories aligned and aware of what other
categories are using
• Cost-effective trim options
• Reduced amount of options
• Utilizing same base qualities so we
won’t have to re-negotiate
lead times
• Shorter lead times
• Organized
6. • Use what is already in house or what can be
locally sourced
• Use what another category is using / what has
already been approved
• Be flexible and open to factory options
7. • Costing Example
• We can use a Poly Spun Draw Cord over a
Cotton Draw Cord because it is more cost
effective
– Consumer would not notice the difference
– Poly absorbs color better
8. • Consolidation Example
• LA is currently using a specific draw cord with
Brandix
• Lounge is looking to source the same draw
cord and lands sourcing it with Lee’s but has
to go through approval process
• Solution: Lounge would be able to go through
books and see that LA is already using the
same Draw Cord and then proceed from there
9. • Trim Library is located on the 4th Floor (Owned by Pre-
Production)
• Trim Fact Sheet can be found:
• In Live Link under the PINK PREPRODUCTION folder:
https://inknowledge.limitedbrands.com:443/livelink/livelink.e
xe/overview/161525975
• In the G Drive:
G:EVERYONE# Pink Pre ProductionTrim
Editor's Notes
While working on this project I recognized clear objectives that I focused on and used as a guideline throughout my work. The main objective of this project was to simplify the sourcing process. I worked on the non-branded trims that we source; organizing and simplifying the process in order to make it easier for future use. Our teams want to know important information such as lead times, what the base qualities of trims are, and costs but easy access to this information would make the whole process faster. So, when I was going through already existing trims I noticed that the sheets they were on were all different from each other; nothing was aligned, and most were not entirely filled out with all of the necessary information. So, I created this Trim Fact Sheet for go forward. This sheet will act like a protocol. When we get a new trim from region that we are developing we can go out and request that they fill out the information on this form, or we can do it ourselves. My hope is that all trims will be on this sheet with all of the information for east access, so that the teams do not have to scramble around looking around for missing information. So far, I had one factory from Vietnam fill out this hseet and they came back to me quickly and were happy to work with this.
I spent a lot of time going through all of the existing trims we had on file. Teammates would hand me trims they found along the way, knowing I was working on this project. I organized trims across Yoga, Lounge, and LA categories which was another main goal of this project; consolidating across categories. After going through the many trims, I created a Trim Library for Design and Pre-Production use. Here is the library: Each binder has its own trim type and within the binder, the trims are separated by region. I helped work towards the team objectives mentioned earlier and addressed cost issues from a consumer perspective considering that I am a part of the PINK target demographic.
The current situation of the trim sourcing process is that it is a bit disorganized in that Yoga, Lounge, and LA are not aligned. Categories may be using the same trims or trims that are barely different from each other and sourcing these from different vendors. Additionally, trim lead times are unclear and long. By importing most trims and paying to air them, we are not being cost-effective.
As I mentioned earlier, we would like to be in a place where we have easy access to trims that are in development, currently being used, etc. You might have noticed that some of the trims in the books were even dropped but were still placed in the library because while Yoga designers might have disliked the trim because it didn’t fit with what they were going for, maybe a Lounge designer will think it is perfect. We also want all categories aligned and aware of what other categories are using. We also want to be at a place where cost and the use of base qualities are emphasized. For example, the same yarn to make Lounge’s draw cord can be used to make Yoga’s knit tape. This would be great so that we wouldn’t have to go through the process of re-negotiating lead times.
Our main goal is 100% speed. In order to get there we can use what is already in house or what can be locally sourced by the factories. We can also use what another category is using or what has already been approved. Being flexible and open to factory options will also enable us to go faster.
As for a costing example, we can use a Poly Spun draw cord over a Cotton draw cord because that is a more cost-effective decision. From a consumer perspective, we would not notice the difference between the two. Another benefit to this is that poly absorbs color better. This example proves my point.
An example of a problem would be if LA is currently using a specific draw cord with Brandix and Lounge is looking to source the same draw cord and lands sourcing it with Lee’s. Now Lounge has to go through the entire approval process not realizing that Brandix’s draw cord (that is the same) is already approved. The Trim Library would help because Lounge would be able to go through them and see that LA is already using it and then proceed from there.