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A Proposal for Supply-Chain Improvements in a Luxury Company

Tinoco, NTK; Cassel, RA; Denicol, J; (2017) A Proposal for Supply-Chain Improvements in a Luxury Company. In: Rinaldi, R and Bandinelli, R, (eds.) Business Models and ICT Technologies for the Fashion Supply Chain. (pp. pp. 225-235). Springer: Cham, Switzerland. Green open access

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Abstract

The fashion market is becoming more competitive in the luxury industry, mainly because of the appearance and strengthening of other industries that provide new products more consistently to its customers. This sector, marked by its two annual collections and its unique items, must become more flexible and provide a faster response to its consumer base. In this context, supply chain management is an important factor in determining the degree of competitiveness of a company. This paper proposes tools to assist in the production scheduling of a luxury industry through making its supply chain more flexible by reducing the number of items delivered before the release, thus allowing the company to react according to the sales. To achieve that, an approach to the calculation of orders based on sales forecasts and on the lead time between stores and distribution centers was developed, in addition to a tool to control the delivery of the items through better integration with the suppliers. The proposed approach reduced the number of items in the first two orders by 17 and 12%, and several delays were avoided through the utilization of the order-control tool.

Type: Proceedings paper
Title: A Proposal for Supply-Chain Improvements in a Luxury Company
Event: IT4Fashion 2016
ISBN: 3319485105
ISBN-13: 9783319485102
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/978-3-319-48511-9_19
Publisher version: https://doi.org/10.1007/978-3-319-48511-9_19
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Supply chain management (SCM), Integration with suppliers, Distribution requirements planning (DRP), Fashion accessories, Luxury company
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10081230
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