Significance of Supply Chain Management for Brand Development

Significance of Supply Chain Management for BrandDaimler-Benz undertake almost all of their production
DevelopmentThere is a pressing need of inspiringat home, and they are distinguished by very exclusive
thinking amid the industry managers and policy draftersmanagement techniques and capabilities. Daimler-Benz
so as to facilitate them to produce a well-calculateddisplays the natural German forte in production
all-embracing strategy and an action plan for theirengineering. Chrysler demonstrates standard American
sustainable development and gainful operations. Thetalents in dealing with new product promotion. There is
concept of creating a powerful "Made in India" brandno cause why the united companies fail to carry on
has been suggested as one of the important strategicbusiness on large national lines and reap benefit of
initiative by several stakeholders.The present articleeach partner's potential.In the same fashion, with the
aims to underline key sources of problems for theintention of sourcing and production, creative design
industry and explains all the challenges the industry ishouses of Paris, New York and Italy joined hands with
facing and likely to face. It also brings up significantIndian apparel production companies having competitive
matters for competent supply chain management inbenefit; this could prove profitable for both.Output
the textile-apparel-retail network and the function it canEnhancementWhen productivity is over-stressed, the
perform to overcome all the major barriers to makeeagerness to make huge investments in thoroughly
them competitive worldwide and add largely tonew process technology gets lost. Performance in
develop a high brand impression for the country.Whatcustomer care, distribution, lead times, quality, and
is happening in the Industry?The Indian textile andassets turns become less important. The
apparel sectors have not only contributed to theperseverance for productivity is paradoxical. The more
national economy regarding direct and indirectit is chased, the more puzzling it would become. A
employment creation but also raised net foreigncraving for cost reduction may result into a confined
exchange earnings. The textile and apparel industryvision.The productivity method of manufacturing
makes up 18 per cent of employment in the industrialmanagement is not just sufficient to bring competitive
sector, 20 per cent of industrial production, 9 per centclimate back (companies cannot reduce expenses
of excise duty collections and more than 30 per centacutely enough to restore competitive strength), it
of Indian's total exports.Because of ample stock ofactually harms as much as it helps. Manager is
cotton, low-cost labour and flourishing mill sector, Indiaengrossed by a natural reply and it averts his/her
had few competitors in the expanding internationalattention from more competent manufacturing
textile business during the post-independence decadesmethod.In today's competitive atmosphere, most
of the 50s and 60s. But our trade failed to resist theimportant operational sources benefits include quality,
rising competition from some new industrialist nations incommitted supply chain, short lead times, customer
a widening world economy and consequently lostcare, and fast product launch, flexible capability and
market share during 1970s. The 1980s proved aeffective capital deployment. These are obviously
colourful decade in terms of fast evolution for Indianrecognised as the important forces of the Indian textile
apparel exports, which were assessed at Rs 6500industry for its competitiveness in the global
million in 1981 and Rs 8500 million in 1985. Sinceperspective. An efficient harmonised delivery chain
exchange value of rupee decreased in 1991 andmanagement is expected to react positively to most
export-oriented plans were enacted, value of apparelof these drivers.Contemporary issues of putting the
exports escalated to Rs 62823 million in 1991-92, Rsproduction unit into a more striking place to function are
183896 million in 1998-99 and Rs 254799 million innot new. They are the direct results of the 150-year
2000-01.OpportunitiesIndian apparels made up a smallhistory of an institution based on productivity. Since
part of less than 3 per cent of total world export ofcost and competence are the basic criteria of factory
apparel; this indicates ample growth opportunity. India issuccess, the manufacturing unit would carry on to
able to offer a vast local market to its apparelkeep many talented and innovative people
producers. The study of McKinsey reveals that theaway.Strategic AlternativesIIt is crystal clear that the
market size is of Rs 20,000 crores, but only Rs 4,000textile industry in India is heading for fierce competition.
crores is dealt with by branded apparel. Therefore,The market is expected to be over-peopled with
Indian apparel manufacturers have Rs 16,000 croresdistributors and price pressures will escalate. It is likely
market, which has been dealt with by the disorganizedthat only those who are receptive to change will
small size units. The developed nations, which are thesubsist.Since the last two or three years India has
landing places for Indian textile products, use textiles infailed to make its mark in textile and apparel exports. It
the form of apparel. If Indian apparel manufacturersseems that the textile industry has not been
wish to consolidate their position in markets andsuccessful in utilising its competitive benefits altogether.
capture larger values of the chain, they must moveDecisively, it can continue as a distributor of quantity of
their target to the efficient performance ofproducts, competing basically on prices, to large local
textile-apparel supply chain system and not look atmarket having lower level demand on quality, creativity
textile industry separately.Risk FactorsIndian textileand pliability. But all they need is change if they wish to
industry was supposed to be influenced by severalseize a sizeable portion of large and rising international
regulatory, technological and marketing modificationsmarket of textile products. To gain the lion's share of
over the next few years. Under the WTO, the exportthe international market, each company has to choose
quotas would be discontinued from January 1, 2005.which part of the value chain it should compete. Their
This will launch a fierce competition in this industry fromchoice will essentially be influenced by the capacities
countries like China, Sri Lanka, Thailand, Indonesia,and confidence of the relevant organisation and what
Bangladesh and Vietnam.For a product line describedpolicy it takes on to be a winner, with regards to the
by fluctuating demand system and seasonality on onebrand image our nation possesses in the minds of
hand and highly labours demanding on other, it istarget customers.The industry players require to outline
essential to have complaisance to maintain stability oftheir future competitive policies on the ground of their
the labour force employment from time to time.Thoughcompetitive benefits, merits and demerits and also on
India has advantages of more than enough low-pricedthe global developments in the market situation. A
workers, reduced production cost, accessible rawmagnified picture for the country of origin can perform
material and a huge domestic market, there are somea significant function in influencing the consumers
aspects like infrastructure and government plans thatpositively and that in turn can affect the global brands,
have brought about a wide divide in the economicsuppliers, retailers and bulk buyers.Organisations with
progress between India and other nations for textileefficient policies would adopt one or a combination of
industry in particular.Strong PointsIn proportion to otherthe following strategic choices:
industries of India, the textile sector is more competitive. Sell to the most genuine and demanding buyers and
worldwide. Most of the inputs needed for this sectorchannels.
are available from domestic supplies and necessity of. Look for the buyers with the most complex
imports and valuable foreign exchange is little.Therequirements.
Indian apparel-production industry was broadly broken. Set standards surpassing the most challenging
up as knitted hosiery and yarn-dyed, woven apparel.regulatory obstacles or product criteria.
Only 6 percent units out of total firms have more than. Source from the most leading and international native
50 machines, while 80 percent units are working withsuppliers.
20 machines. The acute decentralisation helpedAn analytical study of these choices reveals that if an
manufacturers keep away from labour issues and theorganization wants to put one or more of these
labour associated laws, as well as seasonal variationsalternatives into practice and bring about sustainable
in business. Even operations became flexible and itdevelopment and profitability, it has to make its supply
gave competence in production.From the middle ofchain highly unified and well-managed. A country with a
1990s, production units of larger strength withlarge number of such well functioning networks in a
advanced technology, mainly in association with a jointspecific industry can ultimately develop a great brand
venture partner were set up. During the same phase,out of these unbeaten networks. Communication with
Indian customers could notice easy access ofwell-coordinated action can only do it.Questions that
international brands in domestic market, which werecome to our mind are as follows:Would the genuine
produced by Indian garment manufacturers. Thisrequirement for garments also generate genuine
aroused the expectancy of intelligent clients andrequirement for the Textile industry? Would the Indian
apparel industry did not have any option but to bettertextile industry be asking for genuine buyers to be
its functioning for this group of demanding customers.catered by them?Made in India brand imageIt has been
Importers of Indian apparels were by and large happyexperienced that luxurious products (for example
with price and passionate about the knack to sourcePerfume, wine, etc) fare better when they are
small production amounts. International garmentproduced by French companies. In the same way,
companies introduce new designs, new craftsmanship,customers prefer cars, cameras, VCR's etc
ultra-modern scientific management and also themanufactured by Japanese companies. German
marketing policies in India. These all can make theproducts are favoured in particular slot of engineering
competition machinery stronger in order that themachinery goods.For example, nationalistic advertising
industry might obtain more capital for developing newcan influence the image of a brand and may fetch
products, new brand names, technology enhancementsome genuine customers. On the whole, research
and human resource training so that marketappears to mention that the tag of native-made has
competitiveness can be increased.Weak PointsThean effect on the brand image. The image can be
small production units were not fortified with high-leveltarnished (as it occurred to the image of US-made
strategy and information structure and did not succeedproducts in Japanese perceptions) or enhanced (as in
to offer economy of scale. The present-day labourJapanese image in the eyes of the consumers all
policy in some respects enfeebles Indian apparel unitsthrough the world) over a period of time. Therefore,
to establish large manufacturing units and to realizeIndian textile companies should recognise the
economies of scale. According to Indian criteria, adistinguishing capability, which, with an attempt, can
large-scale unit could be the minute in size in the rivalpossibly make a place for India in the minds of global
countries like China, Indonesia, Thailand, Bangladesh, andbuyers and consumers of textile products, over a
Sri Lanka.The challenge Indian apparel exports have toperiod of time, if not instantly. But it is feasible to
face is the decreasing average unit value realisation,establish a positive image for 'made in India' products
which has reduced to $ 3.70 in 2000 from $ 4.44 inor services with a strategy for the next decade.Brand
1994. This openly indicates the Indian exporters'personality is the total of all the major tangible and
incapability to accelerate the value chain and theintangible property that a brand owns. Brand Image is
hazards of being branded as supplier of low endthe consumer's perception of the brand. If brand
products in the international apparel market. Thispersonality is the reason, brand image is the effect.In
creates the question of whether it is sensible toorder to improve the international market image of the
endorse the brand image that exists presently orIndian textile and apparel manufacturers, it is essential
overcome all the shortcomings significantly before weto exert earnest attempts both in the market place as
consider extra promotion.Buyers were disappointed bywell as within the industry to assure & supply value to
distribution and production lead times, the lack of largeinternational consumers and then raise our country
sized garment producers, and problems linked withimage through a promotion campaign, accordingly
freight managing. The buyers of finished textile goodsassisted by sufficient fund. An effort was made by
and apparels face what appears the most criticalIndian apparel industry in this direction in 1998/99
problem of long and indeterminate lead times. Somewithout much progress.Supply Chain Management:
times products are not delivered on time, losing aChallenges and ImpactsKeeping delivery dates and
season completely. In such circumstances, buyerslong lead times appear to be key factors hampering
generally expect discounts, meting out airfreightIndian textile and apparel industry from setting up a
expense or full payment of the airfreight, and in worstpositive image of 'Made in India' brand.The industry
case cancel the order.The lack of concerns ofmust work in cooperation with all those ambitious
garment manufacturers to mill made fabrics was duesuppliers and distribution outlets/small traders in the
to rigid attitude, absence of product range, long leaddownstream in well-synchronised methods to better
times, bureaucratic organisation, snail-paced initialthe general performance of the network.The future will
product evolution and sampling. Thus theshow the competition among the organisations'
well-structured mill industry has failed to grab thenetworks. Knowledge of the idea of integrated supply
chance of a large potential market. The two sectorschain management can help these industries to obtain
namely power loom and handloom are prepared tomuch advanced level of performance in cutting down
provide broad range of design and texture in smallerand meeting the lead time promise, customer choices
lot size. But they are deficient in giving the promise ofthrough quick new product expansion, decreasing their
excellence and reliability.Vital Ingredients forlevel of inventory at different levels in the supply chain
SuccessThe world market for apparel has volatilenetwork. When consumers are changing the course
demand and short-lived products as its trademarks.from apparels made of one type of fibre to another,
Since demand of fashion apparel is dominated morewith such integrated network the message can get to
by taste than impartial consumer requirements, futurethe fibre producers, spinning factories to bypass
predictions are likely to be extremely unreliable. Fashionclogging of valuable working capital in the products
garments, shoes, sportswear are the products whosewhich are expected to more slower than earlier.In the
demand is remarkably seasonal, variable and oftensame way, when customers change their minds and
difficult to foretell. Thus resultant scarcities (stock outs)prefer trousers of denim to khaki twill fabric, the
stand for lost sales opportunities and excesses resultweaving factories have to think of slow shifting
in lost revenues consequent to succeeding decreasestowards newly required fabrics and stop the
(price reductions), often to a point below the cost ofproduction of denim fabric with a view to avoiding
production. Thus, the major success elements for anyoverstock of non-moving/slow moving inventory.The
supplier country are "first time right quality", timely andsignificance of bunches in global competition is due to
continual distribution of small lot sizes with a shortthe competitive benefit in local hinges such as
lead-time.Globalisation and CompetitivenessMichael Eknowledge, relations, inspiration, which are not for the
Porter (1990) discovered a new theory thatdistant competitors to correspond. In India, such
recommended going above comparative benefit to thebunches could be developed in and around Bombay,
competitive gain of a nation. It expressed a productiveBangalore, Delhi and Ahmedbad for the textile industry.
idea of competition that embraced compartmentalisedThese cities already enjoy competitive benefits. For
markets, distinguished products/services, technologythe success of these bunches, they need advanced
variations, and economics of scale. This new idea hadretail channel, which consequently can generate
gone past cost and justifies why companies fromdemand for sophisticated garments and also high-class
some nations are better than others at creatingco-operation and co-ordination among the supply chain
benefits based on quality, features, market reaction,associates, through well-integrated information sharing
speed and product improvement.Because some of thestructure.Having demanding clientele of various
factors of cost benefits, the Indian apparel sectorproducts as per their preferences and quality
provided relative gain for the low-end price pointrequirements enable the industry to cope with altering
products. But it could not realise those benefits thatdemands from customers and learn to be receptive.
could have supplied this sector the necessaryAs a result, demand for sophisticated products
competitive lead. A nation can maintain her successfulrequires improvement of technical expertise in textile
high-income status only by racing with unique,and apparel industry. The development is wanted not
discriminated products or services and that is whatonly for producing quality of superior standard but also
helps in creating the image for nation. It is the growingfor output and customer responsiveness.It appears
impact of the performance of organizations thatthat supply chains are truly about aptitude of people,
promotes the brand image for a country. Moreover,not technology, to a greater extent when the intricacy
distinguished, contemporary products are lessof market is ever growing. Most challenging job is to
responsive to price rises. Indian textile and apparelget people work in union and utilise their skills as a
sectors were found to expand diversely when it couldteam. Establishing efficient partnerships among
move its pricing southwards, either due to rise incompanies is difficult. Internal relations can be even
government financial aids or driven by currencymore complex to deal with. Though it's long proven
devaluation, which are neither extraordinary northat working silos hamper communication and
sustainable.As far as the international economycompetence, but many companies still fight to demolish
remains comparatively open, countries willthe walls.Fibre2fashion has emerged as a distinctive
progressively involve highly focused performance in aB2B platform for global Textile, Apparel, Fashion and
worldwide production chain. With a view to choosingRetail and allied industries. offers business solutions,
specific kinds of products and techniques of doingnews, articles and information that help to survive and
things, nations are inclined to promote capability in theirsustain in the most hostile and competitive business
companies and public institutions.Chrysler andenvironment.