The big "Retail Reset" and its impacts on Supply Chain of Fashion companies

Which are the more relevant problems for the Supply Chain of Fashion companies?

• the ‘demand‘ concept will be temporarily redesigned using approaches such as zero-based forecasting, where demand is continually rebuilt from scratch until a new normal begins to establish itself
• merchandising will require unprecedented levels of support from the supply chain to facilitate optimal product distribution and management of a continuously moving assortment to mitigate the risk of slashing operating margins

During this period of uncertainty, leaders of operations and supply chain activities must present reorganization plans, evaluating the key technologies that will allow operations to improve both during the crisis and once a new normal is established.

Temera recommends:

• accelerate decision-making processes to introduce an adequate level of automation of the Supply Chain
• establish a true ‘cross-channel integration‘ that can provide an integrated view of product inventory
• implement orchestration tools capable to offer end customers an “endless aisle” approach by efficiently managing the fulfillment dynamics and goods dispatching, enhancing the capabilities of the Supply Chain

• Identify optimized paths for supply chain operations
• Enhance new business models
• Rationalize the product portfolio and channel strategies

These are the key ingredients of a winning strategy to re-emerge even stronger and above all RESILIENT.