Apparel and fashion accessories wholesalers, along with independent makers, evolve in a highly competitive industry. They encounter many challenges, including:
Managing multiple warehouses and currencies for international import-export activities.
Ensuring a fast and reliable purchasing process from suppliers and manufacturing companies to meet timely deliveries to retailers.
Preventing understocking or overstocking and optimizing working capital.
Minimizing dead stock and excess inventory from previous collections to reduce unnecessary expenses and increase profit margins.
Maintaining a rapid inventory turnover to meet the ever-increasing and rapidly changing demands of customers.
Upholding a code of ethics and environmental standards that require product traceability and consideration of production conditions.
Exploring new distribution channels within an omnichannel strategy, including e-commerce activities.
