Andreas Unruh’s Post

Many companies in the apparel and footwear industry are complaining about falling profit margins. Of course, this has to do with galloping price increases in many areas of life.  But all too often brands and retailers forget the opportunities to intervene in their own area. Margin points are still being missed in purchasing and sourcing due to a lack of understanding and knowledge of the true costs incurred in production and the supply chain.  Newtrims International AB supports companies in calculating and analyzing real production costs, locates and identifies cost anomalies and implements best possible suppliers and target prices for long-term margin protection. #newtrims #sourcingstrategy #fob #opencosting #suppliermanagement

Problems with cash flow and margins? Many companies still lack an overview of the actual costs in the areas of sourcing and production. However, there are immense opportunities here to improve the profitability of the company. Newtrims International AB enables companies in the apparel and footwear industry to achieve higher margins, more transparency and improved documentation for supply chain issues through improved cost knowledge.  This often leads to FOB price improvements of up to 10%. Here lies the potential for increased margin and significantly improved cash flow. For more Information check the website in comments below. #opencosting #newtrims #suppliermanagement #sourcingstrategy #apparelindustry #footwearindustry #outdoorindustry

Leave nothing to chance when it comes to sourcing! There is too much at stake for companies in the apparel and footwear industry. Clear cost picture for products and producers, tight supplier control, transparency along the entire supply chain through DPP (Digital Product Pass) solutions. Newtrims International AB works with customers to implement suitable suppliers, supports the introduction of open costing and thus ensures better margins and cash flow in the long term. #newtrims #sourcingstrategy #opencosting #suppliermanagement

#NEWTRIMS #OPENCOSTING #TRANSPARENCY #SUPPLYCHAIN If sourcing is not a game for you but a strategy, you've come to the right place. We can support you in choosing the right path. www.newtrims.com

Many apparel and footwear companies have reached a crossroad. The market environment, sourcing conditions and profit expectations of some share owners are challenging. How should, or rather, how can things continue? An important factor is knowing the real costs of the product and production. In many companies, costs are a blank spot.  But this is precisely where there are considerable opportunities and chances for brands and retailers to gain a competitive edge. Newtrims International AB helps companies in the apparel and footwear industry to analyze production costs and helps to achieve better purchasing conditions.  With the specially developed opencosting tool, control and transparency are ensured and margin improvements are achieved in FOB price negotiations. #FOB #dpp #sourcingstrategy #suppliermanagement #opencosting #newtrims

Mostly underestimated and often without a real overview of the possibilities and risks - the selection of the best possible suppliers for apparel and footwear companies! Component suppliers have an immense influence on the delivery capability, production costs and sustainability of brands and retailers.  Many companies lack the ability to correctly assess the dangers, risks and opportunities when choosing suppliers. Above all, however, the actual costs and consequences of such decisions are rarely monitored and thus have a negative impact on margins and cash flow. Newtrims International AB helps brands and retailers to analyze and adjust the sourcing structure, select suitable suppliers and control costs and margins. #newtrims #sourcingstrategy #suppliermanagement #apparelindustry #footwearindustry

At the moment, many discussions at brands and retailers are focusing on the topic of increased procurement prices and negotiations with vendors on FOB prices. There is one thing to bear in mind: only those who really know the production costs can negotiate meaningfully and emphatically with manufacturers, otherwise it's just haggling! Newtrims International AB supports brands and retailers in the apparel and footwear industry in analyzing production costs, establishing appropriate target prices and enforcing them with garment manufacturers. 5 - 10 % reduction in FOB costs is definitely possible!  This possible improved margin is currently the deciding factor in the market for remaining or leaving as a competitor. #fob #suppliermanagement #sourcingstrategy #newtrims #dpp #opencosting

Many individual parts make up the complete picture! The same applies to the supply chain for apparel and footwear. Only if the suppliers really fit the company's individual sourcing strategy will the overall picture be harmonious and well-functioning. The potential positive impact of the right suppliers on #margins, #cashflow, delivery capability and #sustainability is often underestimated. Newtrims International AB helps companies to analyze and improve existing purchasing strategies, supplier selection and implementation as well as activating more control and margin along the supply chain. #newtrims #sourcingstrategy #suppliermanagement #partnership

Margin is king!  Seriousness in dealing with manufacturers can only be achieved if the real costs are known! Newtrims International AB helps brands to analyze and determine real production costs, introduce new suppliers and ensure improved FOB prices. #newtrims #sourcingstrategy #suppliermanagement #fob #opencosting

Functioning business models in the textile, apparel and footwear industry are very rarely based on randomly selected, permanently fluctuating suppliers. On the contrary, the success of such business models is rooted in strategic partnerships that work on an equal footing. This is the only way to successfully combine flexibility and speed on the one hand, and reliability, quality and delivery capability on the other. The cheapest price never plays a role, but rather a fair distribution of margins through right costing that ensures long-term business success for all parties involved. This is precisely where Newtrims International AB provides support in the search, evaluation and implementation of new suppliers with its opencosting tool and in-depth in-house analysis expertise, its own database from over 10 years of successful customer projects and its global supplier pool. For long-term margin and cash flow improvement as well as optimization of the sourcing structure and organization, make an appointment now. info@newtrims.com #newtrims #sourcingstrategy #opencosting #suppliermanagement #costreduction