Sustainability is one of the biggest buzzwords in the manufacturing industry today. A recent study found that 66% of consumers worldwide and 64% of consumers in North America prefer to buy products and services from firms that give back to society. The same study found that environmental sustainability topped the list of concerns from consumers, with 66% of respondents saying it was their primary issue.
The Apparel Business Blog
With the rapid growth of technology, customer trends are changing faster than ever. Thankfully, these changes have come at the same time as huge advances in enterprise resource planning software and analytical tools. Showrooming, webrooming and the widespread adoption of smartphones are changing the way customers interact with retailers. With a little work, you can use your planning tools to stay ahead of the trends and keep your customers coming back.
If you’re ready to get started using an apparel enterprise resource planning (ERP) software solution but don’t want the on-site hassle and financial commitment of hosting your software, SaaS might be just what you need. SaaS platforms are hosted remotely in the cloud, and can be maintained and serviced by off-site professionals. It takes less time to get set up with a SaaS apparel ERP software solution, and they typically cost less up front as well. Although moving to the cloud can be perilous if it doesn’t fit your needs, SaaS can be a great asset for the right business.
Your apparel ERP is your business’s brain — it takes in data from all different parts of your business (sourcing, warehouse operations, sales, you name it), and analyzes that data to help you to direct resources more efficiently. With so many types of apparel (from haute couture to occupational gear), the ever-changing nature of fashion and the wide range in prices for the end product, your ERP must be flexible, reliable, and adaptable to your individual business’s needs.
One of the most useful functions of apparel management software is the huge variety of reports and analytical data it can provide, but all the options can be overwhelming. Data is everything, but while some reports are helpful, there are a few reports that are indispensable to your business. To get the most out of your system, make sure you can generate and understand these four crucial reports.