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Supply Chain Management in Textile Industry: Issues and Solutions

   

Added on  2023-06-03

7 Pages748 Words238 Views
SUPPLY CHAIN
MANAGEMENT
NAME OF THE STUDENT
STUDENT ID
NAME OF THE UNIVERSITY
Supply Chain Management in Textile Industry: Issues and Solutions_1
SUPPLY CHAIN
MANAGEMENT
The concept of the supply chain management
can be described as the movement of the
products or the goods, services and information
regarding those regarding them across the
various components like manufacturers,
suppliers and the customers (christopher 2016).
SCM in the textile industry is observed to have
four different goals which are the reduction of
the waste in the processing, reduction of the
times, decrement in per unit cost of the products
and increment in the flexibility (monczka et al.
2015).
Supply Chain Management in Textile Industry: Issues and Solutions_2
PROBLEM DISCUSSION
The organizations of the textile industry
is significantly facing the issue of the
vendor selection and the incapability in
matching with the fast fashion.
The concept of the fast fashion changes
are significantly reducing the lead times
and the process cycles are increasing in a
significant manner (diabat, kannan and
mathiyazhagan 2014).
The organizations are facing issues in
effective communication between the
suppliers, manufacturers and sellers
which is observed to affect the business
in a significant manner (govindan et al.
2014)
Supply Chain Management in Textile Industry: Issues and Solutions_3

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