Tareas

J Crew recently invested a large sum for information technology upgrades to centralize inventory management and analyze product demand. J. Crew is currently using Freeborders Fabric & Trimsolution to significantly improve the management of its fabrics, labels and trims. The majority of the product development lead time and about 30-50% of the cost of finished goods is attributed to rawmaterials. FB Fabric & Trim, is very complex software that enables retailers and brands to lower costs by taking in account raw materials across product lines, and to increase quality by making sureevery product has the right physical standard, color, print, weave, composition, fiber content, and costing.
J. Crew established that smaller stores require management to be smarter and more focusedon inventory management. If the inventory management is at its top performance then it will lead to fewer markdowns that will decrease profit margins. J. Crew sells classic jeans, khakis, and otherfashion items that are keep in mind for young adult wardrobes. J. Crew, is known for its high quality merchandise, has determined that in order to meet the constant demand of its consumers on theireveryday sales per store, and to avoid markdowns, it must reduce product development process time and ensured that the right products get to the stores at the right time.
The corporation has recentlyinitiated a new inventory management strategy for their store, and we can see it in effect at the store location we chose to sample. The new strategic demands, that their fabric sourcing and trimcapabilities should be very efficient. Their new software Freeborders Fabric & Trim, has enable them to work better with their trim suppliers, allowing a faster decision-making, and streamline the fabricand trim approval process overall. As we can see the outcome of this is, a very efficient store with a great inventory management. Due to their strategic reordering point the story never runs out...