Sylwia Szymczyk’s Post

This will definitely be a thought provoking session. Being a PLM expert, I see value in 3D being a crucial tool in reducing samples for decisions making on line profiling and basic assortment planning. However, when a design is challenging to produce or new to a specific factory, then physical sampling will always be required to ensure the design can be produced in bulk.

Fashion forecasting is a powerful tool that allows businesses to navigate the fast-changing fashion landscape. It provides valuable insights that inform decision-making across the entire supply chain, from design and production to marketing and sales. By strategically utilizing forecasting, companies can gain a competitive edge, optimize their operations, and achieve sustainable success in the fashion industry. But do you know how to start learning it? #FashionInsight

PDF Product Innovation in the Global Fashion Industry Byoungho Jin, Elena Cedrola (eds.) digsell https://lnkd.in/eHwzCWkN As an initial attempt to understand innovation in fashion, this volume focuses on product innovations, realizing that this industry is truly an innovative sector in which diverse technologies, science, art, and tradition have been merged, synthesized, and utilized to solve the needs and concerns of the end-users. In doing so, this book categorizes product innovation into three levels—materials, style and product development—and aims to present the broader scope of innovation in the global fashion industry with the hope that other sectors can learn from these developments and be inspired. https://lnkd.in/epUH-DdW

According to a Vogue Business article (link in the comments), adopting micro-trends can be profitable for brands – as long as it’s timely and aligned with the overall brand direction. But how to decide which trends are worth pursuing? How to separate fleeting fads from trends that are going to last long enough for the production cycle? You need to have a system in place to evaluate them and find the ones with the most commercial potential. Some of the questions a brand needs to answer to validate a fad from the commercial point of view are: ➤ Do you already have capabilities to design, manufacture and ship this type of product? ➤ Do you have a supply chain in place to be able to implement this design? Can you manufacture it locally? ➤ Do you have the financial capacity for short-term experimentation? We’re building Enstyle to help fashion retailers confidently identify trends worth investing in. #FashionRetail #FashionTech #ArtificialIntelligence

🚀EntryMapper & IVALO.COM: A Strategic Expansion Success🌍 Thrilled to share insights from our collaboration with www.ivalo.com a sustainable fashion leader, on their European market expansion journey. Despite their diligent preliminary efforts, the need for a more profound strategic approach became evident. Our Approach: 1. Competitor Analysis & Innovation Opportunities - Identified market gaps and opportunities for IVALO.COM. 2. Uncovering B2B Opportunities - Revealed new avenues in sustainability validation for fashion brands. 3. Market Prioritization - Conducted in-depth evaluations for strategic expansion. 4. Strategic Plan Development - Created a comprehensive strategy enhancing stakeholder decision-making. Impact: This collaboration provided IVALO.COM with actionable insights for expansion and identifying acquisition targets, marking a significant stride in their growth trajectory. Investor Resonance: Our strategic plan significantly influenced investor engagement, facilitating successful funding rounds. Takeaway: EntryMapper's detailed analysis and strategic planning set a new industry benchmark, aligning IVALO.COM with its vision and investor expectations. Interested in how EntryMapper can transform your strategy? Reach out at hello@entrymapper.io. 🚀 #MarketExpansion #StrategicSuccess #SustainableFashion #BusinessGrowth

Is your fashion business ‘ buried ‘ in inefficiencies? Learn how to get greater control over your processes and transform complexity into simplicity. After going through supply chain management and data analysis, Yushkova Design Inc. reveals some ideas to turn your fashion company into a smooth-running business. Our latest blog explores the challenges, the solutions, and most importantly, actionable strategies you can implement today. We discuss: ✔ The Efficiency Challenge in Fashion ✔ The Power of Streamlined Operations ✔ Optimizing Efficiency: Key Strategies Making the operations of a business entity efficient is a critical success factor in a highly competitive fashion industry. Are you ready to transform your business in the fashion industry? Check out our blog for more details on the principles of efficiency and enhance your brand to the next level! https://lnkd.in/gTxprQrE #fashionblog #fashion #fashionindustry  #streamlining

One of the key takeaways from the The State of Fashion 2024 McKinsey & Company report was that fashion retailers will need to strike a balance between managing uncertainty and seizing opportunities. In our work at KIVALUE, we rely on this framework to guide our thinking about opportunities as a part of the white space analysis. In short, it is about identifying products that will: ➤ Offer you a competitive advantage over competition ➤ Be easily integrated into your existing assortment ➤ Will be commercially viable The way we approach the white space analysis project at KIVALUE can be described as doing your homework, learning from competitors’ mistakes and discarding options that are not fulfilling the criteria we have described above. Fashion retail brands shouldn't rush to act on every single opportunity. Instead, they should only act on opportunities that check all of the boxes, so that they can stay competitive and avoid wasting resources on chasing opportunities that are not a good fit. Any examples of brand product mistakes you can think of, Christoph Graeber and Giorgio Loiodice? #Consulting #FashionRetail #AssortmentPlanning

Are you a fashion brand considering private label production? Then check out why and how private label practices are transforming the industry! From higher margins to efficient production processes, private label can be a game-changer for your brand. Learn about the benefits, the mechanics of production, and how K3's innovative solutions can support you every step of the way. 💡👗 📖 Read the full blog to get all the insights and see how you can leverage private label to boost your brand! (Link in the comments) #PrivateLabel #K3Fashion #FashionERP #FashionTech

"Importance of Revenue in Fashion Industry" The dynamic landscape of the fashion industry, robust revenue growth stands as a cornerstone for sustained success. Beyond the obvious financial implications, consistent revenue growth empowers fashion companies to drive innovation, foster creativity, and remain agile in the face of ever-changing consumer trends. It serves as a catalyst for global expansion, enabling brands to explore new markets and diversify their reach. Moreover, a healthy revenue stream is instrumental in attracting and retaining top-tier talent, as it allows for competitive compensation and the creation of an environment conducive to innovation. In the competitive realm of fashion, where adaptation is key, growing revenue provides the necessary resources to swiftly respond to evolving consumer preferences, invest in cutting-edge marketing strategies, and optimize supply chain processes. As the industry embraces sustainability, revenue growth becomes a linchpin for implementing eco-friendly practices and materials. Furthermore, it fosters investor confidence, essential for securing funding and partnerships that drive long-term sustainability. In essence, in the fashion industry, revenue growth is not merely a financial metric but a strategic imperative that underpins innovation, adaptability, and the overall vitality of a brand. #fashionindustry #RevenueGrowth #Innovation #businessstrategy