Although it is still in an emerging stage, generative AI presents, like so many other new technologies, the possibility of helping fashion companies become more effective, producing faster and responding …

Retail distribution means making the products readily available to the consumers by placing them in stores and other places. In the apparel business, the right retail distribution will determine the …

The ultimate goal of fashion buying, and the entire retail business, is to make sales. Retailers generally plan the sales, stocks, purchases and reduction amounts much in advance for a …

Assortment planning is the process conducted by the retailer to determine the number and options (style-color) in a line. Key questions that arise in this process include choosing the inventory …

The range plan is an important piece in the planning process The range plan covers every aspect of a product’s life cycle including manufacturing, lead times, sizing, quantities, pricing, margins …

Open-to-Buy or OTB is an inventory planning strategy that helps retailers accurately work out how much inventory to buy. An OTB plan can start with your revenue goal for the coming months and …

In today’s retail business, a mistake in inventory planning can lead to overstocking or understocking, which can cause significant cash flow problems. Against a backdrop of rising costs, declining consumer …

If we ask ourselves what traceability means within the fashion industry, the answer would be to know who, when and how each one of the parts that make up a …