38 min
Ep#37 Irrelevance of Seasons in the Fashion Industry with Anindya Ray, CSO & CHRO, Arvind Fashions Limited and Sachin Jain, Senior Partner, Vector Consulting Group Counterpoint Podcast
-
- Management
The fashion industry is known for its seasonality, for the seasons bring with it the need for change in the entire range of clothing. But for the clothing companies, this poses a big challenge, the challenge of huge inventories that are left behind with every switch of a season. Moreover, the inventories cannot be used in the subsequent year because of the fast-changing fashion trends. Hence, this poses a big concern for the entire industry and has been so for decades.
But not anymore, we have with us today, two guests: Anindya Ray, Chief Sourcing Officer and CHRO, Arvind Fashions Limited and Sachin Jain, Senior Partner, Vector Consulting Group, and an expert at distribution and supply chain solutions. We discuss the reasons behind why seasonality is such a huge concern and how we can break free from this constraint and make the seasons irrelevant. Tune in!
The fashion industry is known for its seasonality, for the seasons bring with it the need for change in the entire range of clothing. But for the clothing companies, this poses a big challenge, the challenge of huge inventories that are left behind with every switch of a season. Moreover, the inventories cannot be used in the subsequent year because of the fast-changing fashion trends. Hence, this poses a big concern for the entire industry and has been so for decades.
But not anymore, we have with us today, two guests: Anindya Ray, Chief Sourcing Officer and CHRO, Arvind Fashions Limited and Sachin Jain, Senior Partner, Vector Consulting Group, and an expert at distribution and supply chain solutions. We discuss the reasons behind why seasonality is such a huge concern and how we can break free from this constraint and make the seasons irrelevant. Tune in!
38 min