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Showing posts from September, 2013

Planning has become a critical success factor in the textile and apparel business

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Shorter delivery times, on-time delivery, smaller lot sizes and on-line order acceptance, are only some of today’s market expectations. These needs must be balanced with the desire to minimize stock financing and maximize profit margins. Planning Methods and Types Production for customer orders at all or a partial levels (Make to Order – MTO) Make to stock based on forecast (Make to Stock – MTS) Certain products make to stock and others to order Beginning to stock and completing/finishing to order Purchasing of all or part of raw materials based on forecast Job lots allocation to specific customers a order acceptance or before shipping Forecasting Forecast calculation using “arima” (season based) algorithm Trend management Forecast by customer, agent, market, season / collection, period... Forecast per full or partial product code, product family Different levels o