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Tag: garment industry

  • Analysis and Market Growth of Apparel ERP Software

    The Apparel and garment industry has been challenged by the growth of a global market and E-Commerce lately.

    The solution is to meet the updated operations, enhancing supply-chain and distribution to meet customer demand. Nowadays, Apparel ERP is used on a greater scale to get detailed data of orders online, form query responses, effective control and, plan and schedule order accurately and predict data efficiently.

    ERP is used in the apparel industry for a garment manufacturing process, design, material checking, shipping, and distribution. A fashion ERP provides a centralized database of all the business processes and so on.

    Handling and operating Apparel industry without an ERP Software would be a disaster. ERP software for manufacturing in the Apparel industry will let help the organization anticipate user demand patterns, Wishlist, and clients requirements. In the absence of an operating Apparel ERP software, these tasks would turn into challenges.

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    Growth of Apparel ERP software

    The global ERP software market in 2018 was valued at $35.82 billion and is predicted to reach $78.4 billion by 2026, growing at a CAGR of 10.2% from 2019 to 2026.

    Growth factors in Apparel ERP Software
    Growth factors in Apparel ERP Software

    The production industry dominated the ERP Software Market in 2018 and is expected to continue this trend during the forecast period. It is expected to rise in several pharmaceuticals, automotive, garments, and electronic manufacturing market. However, the apparel industry is expected to witness the highest CAGR during the forecast period.

    As per the latest research of the Apparel Business and ERP Software Industry market provides a comprehensive assessment of the key factors driving the industry growth. It also lists out the existing challenges and opportunities crucial to business expansion in the upcoming years. It has an economically wide database to enhance business management and boasts a dedicated section for considering leading players. So, the impact of the pandemic is covered too.

    The Apparel ERP Software Market is forecasted to rise at a significant rate between 2020 and 2025. The forecast report studies the Apparel ERP Software market size which includes value and volume, by players, regions, and product types. The history data 2014-2018 and the forecast data 2019-2025.

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    Reasons to adopt Apparel ERP software

    ERP software in the apparel and textile industry offers businesses unlimited benefits in monitoring operations, helping the organizations to plan effectively and work on a unified, seamless platform for greater operational efficiency.

    Inventory Management

    Apparel manufacturing ERP software lets the business comprehend the basic ideas of cost while maintaining the right mix of merchandise across the organization. Monitoring the state of stock/inventory of the Organization gives a proper picture of whereabouts of the material and makes the management easier.

    Improving Production Planning

    With advanced ERP software and algorithm at play, it will help organizations to draw the best and most cost-effective schedule in planning and control of production.

    Accessibility

    Digital transformation has made it necessary for key personnel to have access to reports and information 24/7, from anywhere, from any authorized device.

    Time Management

    To fulfil the purchase orders quickly while allocating the right person the right work, ERP software makes it possible. It helps in reducing errors, redundant data entry and other problematic activities. With an ERP software, real-time tracking and reporting of resources at the warehouse, shop floor, procurement, shipment is also possible.

    Hub of Multiple Functions

    The dashboard offers a complete view of every department or operation which includes Production, Supply Chain Planning, RCCP, QC, Warehouse Management, Finance, HR, Sales, Marketing, Shop Floor Control.

    Accuracy

    ERP facilitates prompt decision making, productivity and improves the connection between vendors, customers, and coworkers by offering the correct information to the authorized users who work from anywhere in the world.

    Top Apparel ERP Software
    Top Apparel ERP Software

    Top Apparel ERP Software

    There are several different ERP Software which performs and help in Apparel, Clothing industry and Garment industry to make the operations easier.

    Fishbowl

    Fishbowl Management software offers the Apparel Organizations a complete supply chain management and efficient sales tracking process in one convenient system. It is an inventory system, with features for raw materials management, customized reporting, barcoding, and asset management. This management automates the quoting, ordering and purchasing processes.

    Fishbowl Manufacturing allows businesses to track stock/inventory across multiple locations including warehouse and office branches. Professionals can use the app for purchase order management, warehouse management, inventory tracking, and more, and multiple warehouses can be managed from one centralized solution. The inventory management feature allows businesses to carry out barcode scanning as well as serial number identification to trace shipments and orders.

    e-Smartx

    e-Smartx is an efficient, modern, cost-effective, and proven enterprise platform solution that meets the requirements of the apparel manufacturing industry. e-Smartx monitors and manages the total processes in the apparel manufacturing business. Its workflow system provides accurate business management capability for faster response to consumer demands. The internet-enabled, real-time system gives manufactures the capability to monitor the whole process from product development to exports.

    FDM4

    FDM4 is an integrated system that leverages fashion ERP to the next level by allowing enterprise-scale apparel manufacturers to work smarter, faster, and more efficiently across the global market.

    It was designed specifically by fashion users and involves a comprehensive matrix of processes allowing the company to handle purchasing, inventory, customer orders, sales fulfilment, billing and financial reporting, everything based on the particular needs of required operations in the fashion domain.

    INFOR Fashion

    INFOR Fashion ERP provides resource management operations based on fashion requirements. This ERP is configurable that operates the entire fashion process chain ranging from design, materials sourcing, and product distribution, to manufacturing, private brand wholesale and retailing.

    Apparel Connect

    Apparel Connect was developed specially by garment manufacturers, in direct support of the global buying audience.

    The system allows the apparel enterprise to operate seamlessly due to its high performing toolset including product development, marking and processing, order management, demand-based processing, inventory control, purchasing, reporting, production planning, carton packing, outsourcing operations, task management processing, and much more management to these processes.

    A2000

    This ERP provider produces a market-leading fashion solution oriented to the specific needs of apparel businesses. The system is fully-integrated and includes advanced warehouse management capabilities, order processing, PLM processing, financials reporting, and inventory management.

    In addition to these, there are modules for catalogues and telemarketing. The system is mobile, in addition to a unique capability to develop and deliver internally produced social-network communications.

    PolyPM

    PolyPM system offers an integrated ERP and product lifecycle management which is capable to design and manufacture specifically for the apparel industry. This platform is comprehensive and ranges in value from the development of style to product execution, and lastly to global buyer distribution.

    Some of the system’s more unique features include cut planning, fabric inspection, production and a 2D size ranging, in addition to more accepted manufacturing processes and the inclusion of a comprehensive order auditing capability.

    Conclusion

    The journey of fashion, textile, and apparel industry will significantly take a new shape considering that the businesses implement a powerful ERP software for the apparel industry to work productively while increasing the bottom line.

  • 10 Techniques To Improve Your Sewing Business

    This post applies not just to sewing business, but to any category of specialty or fascination you are willing to monetize on. So even if you aren’t closely related to sewing there’s something valuable for you takeaway nonetheless.

    The garment industry of India is an ₹1 trillion industry. Almost 33 % of it is knitwear production and about 20% of its woven-garment production (both by volume). These are highly exported commodities. About 25 % of India’s garment production (by volume) goes into the export markets, leaving 75 % for domestic consumption.

    Here are 10 popular techniques to take your sewing business to the next level. They can be used across domains and businesses.

    Time Management
    Set Your Customers Intentions
    Your Designs v/s Ready-Made Structures
    Pricing
    Sell In Your Lane
    Network
    Establish A Business
    Manage Finances
    Branding And Promotion
    Overcome Your Fear

    Time Management

    Time Management - Sewing Business
    Time Management

    Time management is the key to success not only in sewing business, but in several areas. Complex embroidery designs require precision and time simultaneously. And when you have several customer orders in line, effective planning is important. Which in turn relies on time management. So make use of remainders and planners to the fullest!

    Set Your Customers Intentions

    For sewing, are you going to do custom stitching, do measures, work on standard sizing, or something else? You need to set customer expectations and intentions upfront. Take the time to establish those expectations. Grab everything as a lesson, enhance it, and go from there. Set high standards in your sewing business.

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    Your Designs v/s Ready-Made Structures

    You have to decide whether you are going to use your unique designs or leverage marketable patterns as the source of motivation. This in turn is the reason for some people to prefer high-end designers over local tailors. Produce the best designs for your sewing business and establish your brand. Otherwise you won’t be able to expand your client reach and presence.

    Pricing

    This is crucial. Do not under-price yourself in sewing business or any other endeavor. Don’t undervalue your aids and abilities. Majority of individuals hold the opinion, “I’m going to start and offer cheaper services to get the clients”. When you undervalue yourself, your consumers mould their expectations accordingly. Common held belief co-relates low prices with compromise in quality. So when you feel that your services are of a certain standard or even exceed them, hike your prices. Some clients may leave you. But that’s bound to happen. Those who value quality work will definitely approach you.

    If your sewing designs and works are up to the mark, buyers will flock to purchase from you.  It simply boils down to understanding the value of your service, the integrity of your product, and appreciating the efforts invested by you.

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    Sell In Your Lane

    It is easy to to accept varied assignments at the same time. Don’t try to go beyond your capacity. Don’t have it hard on yourself by taking every rupee that knocks on your door. You are going to reduce your brand. As you start withe simple stitching and progress over time, your lane is going to expand on its own. There are lots of people who start with skirts and then work on expensive gowns.

    There are alterations tailors and bridal seamstresses. They are tailors but specialize in two different kinds of sewing tasks. Unless one specializes in multiple sewing domains, a person tends to stay in a particular domain of sewing/stitching.

    Network

    Networking Is Important - Sewing Business
    Networking Is Important

    Networking is important for any business to attain success and prosperity. So network with people and educate them about your sewing business. There are tons of resources online to help you with efficient networking strategies. Your business is going to come from word of mouth publicity so networking with possible leads and clients is a must. Leverage in-person events and sessions in addition to online meetups.

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    Establish A Business

    Think of your sewing endeavor as a full-fledged business. There are going to be moments that you will have to capitalize, take business oriented decisions, think about profit-loss, and be decisive. While the initial phases might be a bit challenging, you are only going to reap benefits in the end. You get bargains on products and deductions off services. Also, it will help you firmly authorize these expenditures as write-offs arrive tax season.

    Manage Finances

    Managing finances is a hard job not only in sewing business but in every business. Separate your finances to set up your business in the right manner. You should set a distinct surveying report for your business expenditures. Your accountant or whoever is going to govern your money is going to thank you for it when it comes to filing taxes. It’s something as simple as setting up an unrestricted private checking account and using it only for investments and company expenses.

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    Branding And Promotion

    Branding And Promotion - Sewing Business
    Branding And Promotion

    Your business needs to have an online existence. When you are starting a business, you are transitioning from a hobby to a career. You are nearly ascertaining a name to some grade. It’s best to segregate your private and your business social media accounts. Clear up your social media if your posts and content are unaligned with your business. Start your own website and social media handles to promote your sewing business.

    Overcome Your Fear

    Don’t be frightened. Many issues crop up as your business grows. These are not restricted to financial and mental challenges. And the concoction of all these issues will scare you at some point, even if you have nerves of steel. You are going to make some errors. You are not going to do things right occasionally. There will be ups and downs. There are going to be times when you’ll want to withdraw completely. But continue to remain resilient and sturdy!