A Stitch in Time

Lean Retailing and the Transformation of Manufacturing--Lessons from the Apparel and Textile Industries

Business & Finance, Marketing & Sales, Retailing, Industries & Professions, Industries
Cover of the book A Stitch in Time by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil ISBN: 9780190284350
Publisher: Oxford University Press Publication: July 29, 1999
Imprint: Oxford University Press Language: English
Author: Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
ISBN: 9780190284350
Publisher: Oxford University Press
Publication: July 29, 1999
Imprint: Oxford University Press
Language: English

The apparel and textile industries have always been at the mercy of rapidly changing styles and fickle customers who want the latest designs while they are still in fashion. The result for these businesses, often forced to forecast sales and order from suppliers with scant information about volatile demand, is a history of stock shortages, high inventories, and costly markdowns. But, as the authors explain in A Stitch in Time, technological advances in the 1980s paved the way for a new concept in retailing--lean retailing. Pioneered by companies like WAL-MART, lean retailing has reshaped the way that products are ordered, virtually eliminating delays from distribution center to sales rack by drawing on sales data captured electronically at the checkout counter. Armed with up-to-the-minute data about colors, sizes, styles, and geographic sales, apparel and textile companies now must be able to respond rapidly to real-time orders efficiently based on new approaches to distributing merchandise, forecasting, planning, organizing production, and managing supplier relations. A Stitch in Time shows that even in the face of burgeoning product proliferation, companies that successfully adapt to the world of lean retailing can reduce inventory risk, reduce costs, and increase profitability while improving their responsiveness to the ever-changing tastes of customers. Based on the success of these practices in the apparel industry, lean retailing practices are propagating through a growing number of consumer product industries. A richly detailed and resonant account, A Stitch in Time brilliantly captures both the history and future of the retail-apparel-textile channel and offers bold insights on the changes and challenges facing retailers and manufacturers in all segments of our rapidly changing economy.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The apparel and textile industries have always been at the mercy of rapidly changing styles and fickle customers who want the latest designs while they are still in fashion. The result for these businesses, often forced to forecast sales and order from suppliers with scant information about volatile demand, is a history of stock shortages, high inventories, and costly markdowns. But, as the authors explain in A Stitch in Time, technological advances in the 1980s paved the way for a new concept in retailing--lean retailing. Pioneered by companies like WAL-MART, lean retailing has reshaped the way that products are ordered, virtually eliminating delays from distribution center to sales rack by drawing on sales data captured electronically at the checkout counter. Armed with up-to-the-minute data about colors, sizes, styles, and geographic sales, apparel and textile companies now must be able to respond rapidly to real-time orders efficiently based on new approaches to distributing merchandise, forecasting, planning, organizing production, and managing supplier relations. A Stitch in Time shows that even in the face of burgeoning product proliferation, companies that successfully adapt to the world of lean retailing can reduce inventory risk, reduce costs, and increase profitability while improving their responsiveness to the ever-changing tastes of customers. Based on the success of these practices in the apparel industry, lean retailing practices are propagating through a growing number of consumer product industries. A richly detailed and resonant account, A Stitch in Time brilliantly captures both the history and future of the retail-apparel-textile channel and offers bold insights on the changes and challenges facing retailers and manufacturers in all segments of our rapidly changing economy.

More books from Oxford University Press

Cover of the book Baptized with the Soil by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book One Supreme Court by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book Haitian Revolution: Oxford Bibliographies Online Research Guide by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book Neoclassical Realist Theory of International Politics by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The Oxford Handbook of Public Heritage Theory and Practice by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The Oxford Handbook of Philosophy of Religion by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The Garden Party and Other Stories by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book Election Watchdogs by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The Voice of the Past by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book Truth and Fiction in The Da Vinci Code:A Historian Reveals What We Really Know about Jesus, Mary Magdalene, and Constantine by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book Ships and Shipping: Oxford Bibliographies Online Research Guide by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The Vulgar Tongue by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The Red Star and the Crescent by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book Finance for Normal People by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
Cover of the book The White Image in the Black Mind by Frederick H. Abernathy, John T. Dunlop, Janice H. Hammond, David Weil
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy