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Suggest You - IT Usage in the Apparel Industry
What is it that has set the great leaders and entrepreneurs of the world apart from the rest of the world? You know what I’m talking about- the truly remarkable ones that have made their mark on the world. Sam Walton didn’t create the Wal-Mart Empire overnight, and he certainly didn’t do it alone. He had a group of quality employees working for him, a group that both respected and admired Mr. Walton and of his accomplishments. He is a prime example of possessing the right leadership styles and skills to get the job done, and created and kingdom in the process.Of course, success means different things to different people; therefore the personal de
Secondly, the Indian Auto-ancillary industry is a close parallel. This industry has emerged as a leading sourcing destination for automobile majors. Despite the mounting steel prices and the fact that steel is a major component of the automobile cost; the vehicle costs have remained stable. Are you wondering how? Well, this has been made possible because of IT adoption by the Indian spare
Online businesses do best with online marketing. Online opportunity and online work is, at the moment, at its zenith. Online communities help me connect Defining Collaboration Communities and Collaboration Web 2. Perhaps a better way of stating the issue is: What should you do to make online work successful in your work area. Most people manage by deadlines, and making decisions based on the online input keeps it real. People need to know what they are expected to do when they come to the online work area.Creative Commons licenses attach to the work and authorize everyone who comes in contact with the work to use it consistent with the licens
For an industry of this stature and size, the usage of IT by the Indian apparel industry has been woefully inadequate. North American and European apparel companies spend about 3 to 5% of their revenues on IT. The Indian apparel industry in contrast, has typically invested less than 1%.
Historically there have been many reasons for this low usage.
1) Earlier most of the software suppliers in the Indian market have been North American or European companies for e.g., in the case of CAD, the earliest vendors in the Indian market were Gerber and Lectra. In 1995 CAD solutions were available for about USD 45000! Today the same solution is available at USD 15000.
2) Earlier vendors had proprietary solutions that were not compatible with other applications. Customers who bought a CAD system had to buy it from the same vendor the next time; this was used for 'vendor lock-in’. Often this meant that the vendor had no incentive for quality support or for innovative research leading to reduced prices.
3) The small pool of professionals trained on IT applications of the apparel industry meant there were not enough people who could be recruited from the market in case someone changed jobs.
Fortunately for India, a lot has changed. Firstly, the Indian Software industry has come of age and India is widely regarded today as one among the hottest destinations for software engineering. Almost all software majors including IBM, Microsoft, and Oracle have engineering and R&D centers in India today.
Secondly, the Indian Auto-ancillary industry is a close parallel. This industry has emerged as a leading sourcing destination for automobile majors. Despite the mounting steel prices and the fact that steel is a major component of the automobile cost; the vehicle costs have remained stable. Are you wondering how? Well, this has been made possible because of IT adoption by the Indian spare-
Who do you think is better at selling your product or service, you or your satisfied customer?If you are trying to close a $10,000 deal, would it help if the potential customer could talk to a satisfied customer?It's obvious, your satisfied customers are your best sales people, and they will outsell you by 100 times. You can say how good you are, until you are blue in the face, but a 2 minute conversation between a potential customer and a satisfied customer will close the deal very quickly.Now you can't send a satisfied customer with every sales piece, so their testimonials are the only proof you've got.When you say how good
For an industry of this stature and size, the usage of IT by the Indian apparel industry has been woefully inadequate. North American and European apparel companies spend about 3 to 5% of their revenues on IT. The Indian apparel industry in contrast, has typically invested less than 1%.
Historically there have been many reasons for this low usage.
1) Earlier most of the software suppliers in the Indian market have been North American or European companies for e.g., in the case of CAD, the earliest vendors in the Indian market were Gerber and Lectra. In 1995 CAD solutions were available for about USD 45000! Today the same solution is available at USD 15000.
2) Earlier vendors had proprietary solutions that were not compatible with other applications. Customers who bought a CAD system had to buy it from the same vendor the next time; this was used for 'vendor lock-in’. Often this meant that the vendor had no incentive for quality support or for innovative research leading to reduced prices.
3) The small pool of professionals trained on IT applications of the apparel industry meant there were not enough people who could be recruited from the market in case someone changed jobs.
Fortunately for India, a lot has changed. Firstly, the Indian Software industry has come of age and India is widely regarded today as one among the hottest destinations for software engineering. Almost all software majors including IBM, Microsoft, and Oracle have engineering and R&D centers in India today.
Secondly, the Indian Auto-ancillary industry is a close parallel. This industry has emerged as a leading sourcing destination for automobile majors. Despite the mounting steel prices and the fact that steel is a major component of the automobile cost; the vehicle costs have remained stable. Are you wondering how? Well, this has been made possible because of IT adoption by the Indian spare
The credit card is preferred by most people when paying for purchases and services because of its safety, security and ease of use. The use of credit cards is growing exponentially fueled by the growth of e-commerce and the increasing usage of credit cards in business-to-business transactions. Accepting credit cards in a business has many advantages. Not only will it help expand your consumer base, it will also provide an easier and more convenient alternative to paying by cash or check. When you accept credit cards, funds can be transferred to your bank account as soon as possible. If you are planning to sell online, accepting credit cards is a necessit
2) Earlier vendors had proprietary solutions that were not compatible with other applications. Customers who bought a CAD system had to buy it from the same vendor the next time; this was used for 'vendor lock-in’. Often this meant that the vendor had no incentive for quality support or for innovative research leading to reduced prices.
3) The small pool of professionals trained on IT applications of the apparel industry meant there were not enough people who could be recruited from the market in case someone changed jobs.
Fortunately for India, a lot has changed. Firstly, the Indian Software industry has come of age and India is widely regarded today as one among the hottest destinations for software engineering. Almost all software majors including IBM, Microsoft, and Oracle have engineering and R&D centers in India today.
Secondly, the Indian Auto-ancillary industry is a close parallel. This industry has emerged as a leading sourcing destination for automobile majors. Despite the mounting steel prices and the fact that steel is a major component of the automobile cost; the vehicle costs have remained stable. Are you wondering how? Well, this has been made possible because of IT adoption by the Indian spare
Businesses are regularly changing - it's simply in their nature and a requirement in today’s dynamic markets. Whether such change involves expansion, downsizing or sourcing specialist means of support, business owners undoubtedly have some big decisions to make along the way. Many companies, for example, will find they have to move office at some point in their business life due to changing circumstances - a transition which takes a great deal of organization, time and thought. However, with the right kind of support, any firm will be able to accomplish this task with ease and minimal disruption. Serviced offices provide just that kind of support and tak
3) The small pool of professionals trained on IT applications of the apparel industry meant there were not enough people who could be recruited from the market in case someone changed jobs.
Fortunately for India, a lot has changed. Firstly, the Indian Software industry has come of age and India is widely regarded today as one among the hottest destinations for software engineering. Almost all software majors including IBM, Microsoft, and Oracle have engineering and R&D centers in India today.
Secondly, the Indian Auto-ancillary industry is a close parallel. This industry has emerged as a leading sourcing destination for automobile majors. Despite the mounting steel prices and the fact that steel is a major component of the automobile cost; the vehicle costs have remained stable. Are you wondering how? Well, this has been made possible because of IT adoption by the Indian spare
Document scanning is an advantageous step to take for your business for many reasons. Documents are kept more secure, retrieval time is slashed in half, organization is much more logical, etc. Now that you have all of your information conveniently scanned, you do not need those pesky, room-using, filing cabinets. What are you going to do with all of that room? Have you noticed your office can use a bit of revamping? Why not? You have just saved your company time, money, and energy by making the sagacious move in using scanning services, so why not reward yourself?Have you ever heard the saying, “The clothes make the man/woman?” Well, think
Secondly, the Indian Auto-ancillary industry is a close parallel. This industry has emerged as a leading sourcing destination for automobile majors. Despite the mounting steel prices and the fact that steel is a major component of the automobile cost; the vehicle costs have remained stable. Are you wondering how? Well, this has been made possible because of IT adoption by the Indian spare-part suppliers. IT has enabled the Indian auto-ancillary industry to streamline their processes and aggressively cut costs. For the Indian apparel industry to emerge as the favourite outsourcing destination for leading brands and retailers world-wide, it needs to emulate the IT strategy of the auto-ancillary industry.
Thirdly, Indian apparel companies have grown from family run to professionally organized set ups, giving more emphasis on implementing IT solutions to increase the productivity and also providing us considerable domain expertise.
Finally, institutions like NIFT, ATDC, ALT, Pearl academy etc played a pioneering role in training large number of professionals for the industry.
Many believe it is only a matter of time before an Indian company scales to become the largest software company globally catering to the apparel industry.
In this scenario, it is only logical that the Indian apparel industry is able to derive benefits of the acknowledged strengths of the Indian software industry.
Indeed it can be argued that, investment in software to create a nimble enterprise that responds to external and internal customers in real time to reduce throughput times, costs and improve quality is India's defense against China's huge factories that derive benefits from economies of scale. This is especially true as India is likely to continue to excel in high value added styles of smaller order quantities.
There are already a number of functionally rich, user friendly software applications available in India. For e.g., REACH CAD, REACH Fashion Studio, REACH Merchandising Manager, REACH Cut planner etc are offered by REACH Technologies and are being used by over 450 clients across the country.
We are already witnessing the emergence of companies like REACH that offer
OPEN solutions: Software applications that will 'talk' to applications from other vendors as well.
MODULAR solutions: Software solutions that are part of a larger suite enabling the custome
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