Table of Contents
What is product development in apparel industry?
Product development in broad terms may be defined as the process of conceptualizing, designing, creating, producing, introducing and delivering new products and services to consumers (new product development) or improving on the old (product improvements).
Is product development part of supply chain?
The entities in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. The functions in a supply chain include product development, marketing, operations, distribution, finance, and customer service.
What is the apparel supply chain?
The apparel supply chain includes a broad network of clothing designers, fabric and finished apparel producers, transportation providers, wholesalers and direct-to-consumer retailers. It connects all the organizations involved in turning raw materials into finished garments and distributing them to customers.
What is product development and design?
Product development refers to the complete life cycle. This starts from market analysis to goes up to the final product launch. Product design is only a part of the cycle where the design of the product is created. Supervision. The product developer supervises each stage of development.
Why is product development important?
Product development comprises of all the processes, which leads the formation of a product starting from the Initial idea to the sale of the final product. It is the key tool to keep the companies in competition with the competitor products and to keep up with the changes and trends in the market.
What does product development mean?
Product development is the processes required to bring a product from being a concept through to reaching the market.
What is product development in supply chain?
Designing products to match the processes and supply chains, processes to match product platforms and supply chains, and supply chains to match the product platforms and process are the ingredients in today’s fast developing markets. A model for product development process managing in supply chain was proposed.
What are the products of textile industry?
Textile product mills convert raw textiles into finished products other than apparel. Some of the items made in this sector include household items, such as carpets and rugs, towels, curtains and sheets, cord and twine, furniture and automotive upholstery, and industrial belts and fire hoses.
How does clothing supply chain work?
The fashion supply chain is characterized by short product life cycles, volatile and unpredictable customer demands, tremendous product variety, labor-intensive production, and long supply processes. These distinct features increase the complexity of decision making in the fashion supply chain.