Part Four MERCHANDISING: THE FUTURE Check for updates on the web now!

Chapter 12 Future Direction Click anywhere on the slide to view the next item on the slide or to advance to the next slide. Use the buttons below to navigate to another page, close the presentation or open the help page.

Chapter 12 Future Direction 3 3 Future Direction Evolutionary changes –Digital revolution Computer technology Communications –Globalization New sourcing opportunities Improved international business partners –Consumer demands More styles Faster cycles: Fast fashion Niche markets Growth in private brands 3

Chapter 12 Future Direction 4 Information Technology Real-time processes Quick response collaborations Planning and control systems Product data management systems Product life cycle management systems

Chapter 12 Future Direction 5 Real-Time Processes Quick response systems –Continuous styling Styles evolve based on consumer and retail feedback –Continuous sourcing Blanket orders Detail orders by style and color based on market feedback Planning and control systems –Proactive systems –Status tracking –Exception reporting

Chapter 12 Future Direction 6 E-commerce B2B –Business-to-business –Ordering supplies and products B2C –Business-to-consumer –Consumers purchasing apparel products online

Chapter 12 Future Direction 7 Development Innovative research technologies Real-time data management CAD systems 3D simulation Color management systems

Chapter 12 Future Direction 8 Research Fashion Web sites Search engines Online focus groups Online consumer panels

Chapter 12 Future Direction 9 Product Development Color management systems 3-dimensional design systems Virtual reality video simulations Integration of textile and garment designs Inventory control Data management Collaboration

Chapter 12 Future Direction 10 Customization Creating and manufacturing a garment to an individual’s body measurements and styling criteria Body scanning Software and cutting equipment to convert scan data into cut garment parts Smart cards Click inside the black square to play again.

Chapter 12 Future Direction 11 Sourcing Expansion of free trade agreements New technologies for supply chain management Expert computer systems to evaluate –Factory performance –Factory reliability –Factory capabilities –Risk assessment –Lead time –Gross profit margins and markdown potential Vendor certification Increase in full package opportunities Decrease in replenishment cycle times

Chapter 12 Future Direction 12 Future Develop new technologies –Capture and manage information –Develop products using digital systems –Collaborate with customers –Sourcing products Shortest time Best quality Lowest price

End Chapter 12

Chapter 12 Future Direction 14 System Requirements: Windows® 98, SE, 2000, ME, XP, or NT 4.0 Service Pack 4 and up Microsoft PowerPoint® 97, 2000, 2002, XP, 2003 or PowerPoint® Viewer 2003 Pentium II Minimum, Pentium III Recommended 72 MB of hard disk space 64 MB of RAM minimum 128 MB of RAM recommended Super VGA (800 × 600) or higher resolution monitor Macro Security: The macros contained in this presentation will not run unless the security settings in PowerPoint are set to “Low”. To change security settings do the following: 1.Open PowerPoint 2.From the top menu panel select “Tools” 3.From the dropdown menu select “Macro” 4.From the Macro menu select “Security” 5.A tabbed dialog box appears, select the “Security Settings” tab 6.Select “Low” 7.Click “OK” When you are finished viewing the presentation remember to reset your Macro Security Level. Support: Phone: am–5pm Eastern Standard Time Help and Support Go to the Help Slide Go to the Next Slide Go to the Previous Slide Go to the Table of Contents Slide End Presentation Go to Last Slide Viewed