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How Market Intelligence Helps in Enhancing Supply Chain Transparency
The role of market intelligence in supply chain analytics is becoming more pronounced. While market research earlier had only been concentrated on getting hold of data, its role is now evolving. Companies are using market intelligence to figure out market trends, competitor strategies, and supplier risks.
Market intelligence is also being used to protect against potential disruptions in the supply chain. This helps organizations with inventory management, supplier diversity, and resource allocation. Market research can also point businesses in the direction of reliable suppliers, helping keep the supply chain risk-free.
Below we expound on the role of market intelligence in enhancing supply chain transparency.
Why Market Intelligence is Relied Upon for Supplier Performance
With market intelligence, suppliers get real-time data on raw material prices as well as supplier performances. Any abnormal increase or decrease in prices alerts companies to the activities of suppliers. Companies can thus take concrete measures and review their dependence on these suppliers.
Flipkart is an example of an organization that has utilized real-time data to improve its supply chain transparency. Facing a crisis in the time of the global pandemic, the ecommerce giant utilized real-time data to keep the supply flowing and fulfill customer orders. [1]
How Market Research Helps in Making Supply Chain More Reliable
Market intelligence opens up a whole new world of suppliers and supplying regions for businesses. Through thorough market research, businesses can identify suppliers with good reputations.
In case of unethical practices coming to light concerning certain regions or suppliers, companies can take the help of market intelligence to find more reliable ones. For instance, Nike has been taking efforts to move its production and procurement out of China after news of alleged unethical practices in the Xinjiang region. [2]
Market intelligence can then identify suppliers or supplying regions that would help make the supply chain more transparent for businesses. Utilizing the help of market research, many companies that are moving procurement out of China are doing so by sourcing from Southeast Asia. For instance, Puma is increasingly moving production and procurement to nations such as Cambodia and Vietnam.
How Markert Intelligence Mitigates Risk in the Supply Chain
Market intelligence tools can help businesses identify risks in the supply chain. By analyzing geopolitical, economic, and environmental data, the task is made easier for users to forecast potential disruptions.
Consequently, this improves organizations’ risk management capabilities. Businesses can take proactive measures to combat potential supply chain disruptions they see in the future. One of the premier supply chain disruptions in recent times was the global pandemic.
It was reported that nearly 60% of apparel companies faced a shortage of supplies or inputs during this time period.[3] To contend with issues such as these and make efforts to minimize their impact, companies need to leverage market intelligence.
How Markert Intelligence is Crucial to Make Supply Chain Sustainable
A sustainable supply chain is considered a must by most modern businesses. It is claimed that 96% of companies consider sustainability aspects when choosing suppliers or making buying decisions. This concern extends to consumers as well, with 80% of customers wanting companies to demonstrate sustainable supply chains. [4]
As part of its job of finding reliable suppliers, market intelligence also illuminates suppliers who focus on sustainability. Even brands who are wholly committed to sustainability sometimes struggle with supply chain transparency. Suppliers are not always forthcoming when it comes to disclosing their practices.
Market intelligence helps with this as it identifies suppliers who are committed to sustainability. Market research also helps businesses get data on sustainable raw material prices. This helps them look at alternative eco-friendly raw materials and suppliers.
Conclusion
With approximately 77% of organizations considering supply chain transparency to be of utmost importance[5], it is clear that it needs to be the focus of sourcing teams. Market intelligence plays a crucial role in ensuring this transparency.
For textile companies, there is no better tool for this than TexPro. This tool provides daily updated raw material prices, including sustainable ones. In addition, the tool also introduces users to hundreds of suppliers, helping businesses make the supplier list diverse.
In addition, the tool makes clear supplier performance, sustainability targets of companies and countries, and much more. Hence, TexPro is an all-around solution to ensure increased supply chain reliability and transparency.
[1] https://qodenext.com/blog/how-to-increase-supply-chain-transparency/
[2] https://uk.finance.yahoo.com/news/why-27-western-brands-abandoning-170200239.html?
[3] https://www.sensiblemicro.com/blog/supply-chain-fallout-top-7-hardest-hit-industries
[4] https://www.dnv.com/news/customers-demand-more-sustainable-supply-chains-6134/
[5] https://www.ivalua.com/press-releases/the-supply-chain-transparency-challenge-report-highlights-gap-between-procurement-organisations-transparency-ambitions-and-their-capabilities/
#market intelligence services#market intelligence#market research#market intelligence tool#texpro#tradefair#fashion#suuply chain#raw materials
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Navigating the Global Garment Supply Chain for Apparel Supplier and Manufacturers
Managing the Worldwide Clothing Supply Chain for Manufacturers and Suppliers The complex network of connections that connects clothing suppliers and manufacturers is known as the global garment supply chain. The complexity is increased by the rise of digital technology and shifting trade regulations, necessitating flexibility and strategic thinking. Businesses must exercise caution while managing the global apparel supply chain in light of trade conflicts, rising geopolitical tensions, and other difficult circumstances. Businesses must also make sure they are working with trustworthy suppliers. The opportunities and risks that face apparel stakeholders as they traverse the global garment supply chain are examined here. Global Garment Supply Chain Challenges Rapidly Changing Trends: The fashion industry's ever-evolving trends have a direct impact on the clothing sector. This gives the industry an unpredictable character and makes demand forecasting difficult. Ethical Concerns: Players in the clothing sector may unintentionally join an unethical supply chain if suppliers fail to disclose information. The apparel industry has been tarnished by the use of unethical labor methods by garment suppliers, particularly in Bangladesh and China. Sustainability Issues: As the need for sustainability grows, so do the regulations and reporting guidelines. Creating environmentally friendly clothing frequently necessitates altering production methods, which raises expenses and takes time to execute. Trade Wars and International Conflicts: In recent years, trade wars have led to a rise in tariff imposition and a rise in geopolitical tensions. These
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How B2B Membership Provides Access to Premium Tools and Services
With textile companies working to increase their reach, streamline their supply chains, and keep up with industry trends, the importance of digital trading platforms has grown exponentially. B2B memberships to these platforms provide textile firms a worthwhile chance to tap into an expanded array of services, ranging from procuring high-quality raw material to networking with major industry stakeholders.
In a rapidly changing industry, a subscription to a reputable B2B trading platform allows textile businesses to remain competitive while having access to useful tools and services unavailable for free. Fibre2Fashion’s B2B membership provides that platform.
Subscribing to Fibre2Fashion’s B2B services opens up a world of textile and chemical businesses for members. Our brand promotion services further help you climb the apparel industry ladder. Find below a deep look into the services provided by our B2B membership and how they can transform your standing in the industry.
Establishing Relationships Across the Industry
Fibre2Fashion’s B2B platform is populated by leaders in the textile, apparel, fashion, and chemical industries. Members have access to a plethora of movers and shakers in these industries.
They can hence utilize this opportunity to establish relationships with some of the bigwigs in their industries. Whether it is enquiring about certain information, establishing collaborations, or even forging long-term partnerships, Fibre2Fashion is your source to seek out opportunities in the b2b marketplace India.
Discover Buying Leads
Fibre2Fashion B2B members have unprecedented access to a list of buyers, representing both local and far-out opportunities. On the business platform, businesses can also see buying ads put out by these buyers and connect with them to fulfill those orders. Hence, Fibre2Fashion is your one-stop solution for generating buying leads in the textile and chemical industries.
Enhanced Sourcing Opportunities
The list of sellers is equally as impressive as the buyers list on our B2B platform. Businesses can plan out a comprehensive sourcing strategy by navigating this list. We also provide enhanced sourcing assistance, helping you formulate a sourcing strategy.
As with buyers, there are also advertisements on our platforms by suppliers. These suppliers sell a wide range of products, ranging from kids wear to feedstock to bathroom furnishing, and everything in between. Hence, Fibre2Fashion is your home for finding reliable suppliers in the textile, apparel, and chemical industries.
Assistance in Finding Buyers and Suppliers
Our help doesn’t end with just introducing you to a myriad of buyers and sellers. We also provide assistance to help you find the right companies to do business with. Hence, if you are struggling to generate B2B leads or failing to convert, Fibre2Fashion’s B2B membership should be your go-to solution.
Fibre2Fashion’s name is etched into the textile and chemical industries as a reliable intermediary. Hence, with our B2B platform, we help you set up business meetings with bigwigs in these industries, whether they be domestic or international.
Promoting Your Brand
One of the most significant perks of a Fibre2Fashion B2B marketplace is the boost to your brand awareness. We provide comprehensive media promotion services, ranging from banner ads to PR services.
Through advertising solutions, brand awareness is raised. We make sure our ads and PRs reach our wide list of clients, through mediums like social media and newsletters. This ensures that your brand comes to the notice of leaders in the textile and chemical industries.
Creating a Dedicated Website
With Fibre2Fashion membership, we help you develop a co-branded website. Falling under our umbrella, your website will be visible to some of the biggest names in the textile and chemical sectors. Hence, your products will be introduced to a brand-new audience, one that is likely to generate more leads.
More Benefits
Some other premium tools and services are listed here in brief:
Priority listing on the Fibre2Fashion website
A dashboard to track your leads, enquiries, and other useful information
Customer care executives exclusively assigned to you
E-mail marketing promoting your product
Access to industry insights and reports
Representation at trade fairs all over the world
This list is not exhaustive and to get an idea of the full list of benefits, and learn about packages, visit our website here.
Conclusion
A Fibre2Fashion B2B membership provides textile and chemical business unrivalled access to high-quality tools and services that give them a competitive advantage. From establishing useful industry connections to maximizing sourcing strategies, the platform is an all-around solution for businesses looking to take a leap in their industry.
With the added perk of brand promotion, brand awareness is also increased. With priority listings and international exposure, Fibre2Fashion helps textile and chemical businesses broaden their reach. A B2B membership is thus a valuable investment for any textile or chemical company hoping to thrive in today's competitive marketplace.
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How Fashion Magazines Are Adapting to the Age of Social Media and Influencers
Fashion magazines are characterized by their glitzy look, the fine print, the diversity of colors, and above all, the unique fashion. These magazines have been the go-to for fashionistas all over the world ever since their inception. In yesteryear, fashion enthusiasts would wait eagerly for new editions of these magazines to look at all the trendy new looks.
However, the advent of the internet has made the fashion world more accessible. Fashionistas are now able to access the latest red carpet and fashion week looks at the pressing of a button. One consequence of this has been that fashion magazines have had to adapt for the digital age.
The problem is compounded by the existence of fashion influencers on social media. These influencers provide information on the latest trends, provide fashion inspiration, and also review looks. In short, they do many of the things that magazines on fashion have done previously.
Below we take a look at how the best magazines for fashion have adapted to the age of social media and influencers.
Challenges
Social media brings with it significant challenges that threaten the viability of fashion magazines. Some of them are:
Social media influencers provide real-time updates on looks and trends, making the monthly release cycle of fashion magazines obsolete to some.
Fashionistas in the social media age are not partial to print like earlier generations, leading to declining circulation.
Influencers themselves are sometimes responsible for setting fashion trends, a power that is declining among fashion magazines.
Influencers have a wide quota of fashion topics to discuss, while magazines on fashion have a set monthly agenda.
Influencers can make their content as cost-effective as possible, while magazines require printing costs, photography costs, editing costs and more.
However, the best fashion magazine have shown a willingness to take these challenges head-on and still thrive in the social media age.
Collaborations
Instead of seeing social media influencers as an obstacle, the top fashion magazines have embraced a spirit of collaboration. Magazines collaborate with influencers to boost brand image, reach a younger audience, and advertise their content.
In return, influencers get a boost of credibility. The wide readership of the best fashion magazines also brings with it potential to reach a new audience for these influencers.
Cataloguing Social Media Happenings
Social media trends are an inescapable part of the modern fashion world. Fashion magazines cannot ignore these trends in their examination of the fashion world. For instance, the re-emergence of Y2K fashion and rural-inspired clothing are both fueled heavily by social media.
Another reason magazines cannot ignore social media influencers is the brands collaborating with them. Brands like Daniel Wellington and Banana Republic, among many, have stepped up influencer collaborations. The top fashion magazines, instead of shying away, are reporting on these tie-ups.
Boosting Digital Presence
To keep up with social media influencers, fashion magazines have no choice but to enhance their digital presence. This includes not only marketing their magazine online but also making available digital editions available. As a result, magazines can gain readership among people who generally consume their content online as opposed to print.
Publishing Influencer Content
Magazines can take collaboration with influencers further by inviting them to contribute to the magazine. This can take the form of fashion bloggers submitting writeups or social media trendsetters contributing with their own designs.
Fashion magazines can also involve influencers by providing them with a platform to curate an entire issue or section. For example, influencers can become guest editors, choose themes, create mood boards, and work on photo shoots.
Leverage Industry Connections
This measure is not so much in the spirit of collaboration. While these social media influencers wield tremendous influence, they are not as entrenched in the fashion industry as magazines are. Some of the top fashion magazines have deep connections in the fashion world that they can use to run counterprogramming.
This can involve interviews with top designers, early access to upcoming designs of large brands, behind-the-scenes access to top fashion events, and much more. This helps the best fashion magazines distinguish themselves from influencers who exist on the fringes of the fashion world.
Conclusion
It can be seen from the above that instead of spurring or ignoring social media and influencers, fashion magazines need to foster collaborations with them. These collaborations can be mutually beneficial, opening up new audiences for both.
Fibre2Fashion magazine shows the way forward for fashion and textile magazines. The magazine regularly features roundups of the influence of social media on fashion trends. On the other hand, the magazine’s exclusive insights help distinguish it from readily available social media content. This has helped establish it as one of the top fashion magazines in India and it is gaining increasing recognition worldwide too.
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ABC-Salon Munich 2025- The Premium Trade Fair for Fashion Enthusiasts
Some of the top bridal fashion brands in Europe and beyond are set to descend upon Munich for ABC-Salon 2025. Held on the 2nd and 3rd of March, the event is a premier trade fair courtesy of AVR Messe- und Veranstaltung GmbH. The event is set to be held at MOC Veranstaltungscenter München APCOA, Lilienthalallee in Munich, with facilities like free admission and free Wi-Fi to ease the experience of exhibitors and customers.
The trade show is set to showcase the best and latest in bridal, cocktail, bridegroom and more festive fashion. The 2024 edition of ABC-Salon welcomed over 190 brands and this year’s edition is set to dazzle with even more labels, a significant quantity of them being newcomers. Join us as we take a look at some of the brands that are set to set the stage alight.
German brands
Local brands have been a staple at ABC-Salon since its inception. Some of the biggest German brands in the wedding segment keep returning to the expo to show off their new apparel. Two examples include:
Amelie – One of the premier bride fashion brands in Germany, Amelie is set to grace the stage again at ABC-Salon. With its showroom located at D106, the brand is set to showcase some of its existing as well as new collections. These include Bella (wedding wear for curvy brides) and deluxe (featuring intricate lace details and handmade beading).
Christian Koehlert – The Hamburg-based brand is all set to light up the fashion trade fair with its range of cocktail and evening dresses. The brand’s showroom is located at B104.
Lina Becker Germany – Featuring elegant wedding dresses that embrace tradition while still being innovative, Line Becker Germany’s showroom can be found at D104.
Foreign Brands
While ABC-Salon provides a strong platform to German brands, the foreign influence is only growing. Last year’s edition saw an increase in visitors and exhibitors from the rest of Europe. The trend is set to continue this year, with even non-European presentations. Some significant foreign brands include:
Bridalstar – This Dutch brand is known for its innovations in plus-size bridal outfits. At the textile expo, its showroom is located at E111.
Marfil Barcelona – This Spanish brand specializes in evening gowns and cocktail dresses. Its showroom can be found at E126.
Istanbul Fashion Center – This Turkish outfit sells all its attire at wholesale. Its showroom can be found at F109.
Élysée and Enzoani - US brand Bridal Collective is set to show off two of its collections, Élysée and Enzoani, at the apparel trade fair. They can be found at C122.
Emerging/Small Brands
ABC-Salon provides glittering opportunities for small or emerging brands in the wedding attire sector. At last year’s event, almost 30 per cent of brands were newcomers. The 2025 edition too is set to showcase a host of exciting newcomers, including:
Brautschwestern – The Austrian brand offers a wide variety of wedding dresses, including for kids. A new brand at the fashion trade fair, its showroom can be seen at E113.
Tina Valerdi – Another major new entrant for the textile trade fair is Tina Valerdi. Featuring exquisite wedding dresses, their showroom can be found at F108.
But Wait That’s Not All
While a big part of the attraction at ABC-Salon is apparel for brides, that is not all it offers. The apparel trade fair is also set to showcase bridegroom fashion, wedding outfits for kids, festive lingerie, and more. There truly is something for everyone at the event.
Before the summer scramble, brands are looking to show off their new collections. Retailers are also looking to secure first orders and early delivery dates before the wedding season starts in full swing. The trade show comes at an opportune time for retailers looking to stock up on wedding attire and set the tone with fresh designs.
The fashion trade fair is held at a comfortable venue that prioritizes ease of navigation. To go from showroom to showroom, attendees only have to take a short walk. There is also a fashion show where exhibitors will be able to showcase their best products to draw more eyeballs.
Conclusion
ABC-Salon 2025 is set to be a significant networking opportunity for those in the fashion industry. Some of the most prominent wedding and cocktail attire brands in Europe will be present at the event, providing myriads of opportunities for relationship-building. On the other hand, exhibitors will also have the opportunity to secure buy orders.
The international trade fair has earned many plaudits from both exhibitors and attendees in the past. With this year’s edition set to be an even bigger experience, ABC-Salon 2025 is unmissable for those in the wedding apparel industry.
ABC-Salon is just one of the many events on the March calendar for fashionistas. Other events include The IFF Seoul Fur and Leather Exhibition and APPEXPO Shanghai. You can head to Fibre2Fashion's website to take a look at all the major textile trade fairs listed for March. The website not only provides a list of events but also highlights what visitors can expect from them.
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A User's Guide to Navigating Fibre2Fashion's Trade Fair Listings
Trade shows and industry events are important dates on the calendars of professionals in the textile, apparel, fashion, and garment industries. These events provide a great networking opportunity, promoting your brand, and staying updated on current business trends. However, with so many trade shows happening across the world, deciding which ones to attend, exhibit at, or sponsor may be difficult. This is where Fibre2Fashion's Trade Fair section can help. In this guide, we will explore how users can effectively navigate and make the most out of Fibre2Fashion's Trade Fair listings. Why Use the Trade Fair Listings on Fibre2Fashion? Fibre2Fashion is a trusted name in the textile and fashion industry, and its Trade Fair section serves as a comprehensive directory of upcoming events specifically tailored to professionals in this field. Here's why you should consider using this resource: Industry Specificity: Fibre2Fashion's Trade Fair listings are tailored to the textile, apparel, fashion, and garment industry. This specificity ensures that you'll find events directly relevant to your interests and expertise. Global Reach: The directory includes trade shows and events from all around the world, enabling you to look into prospects not just locally but also globally. Up-to-Date Information: These lists are updated on a regular basis to give accurate information on future events, ensuring that you are up to speed on the newest developments. Easy Access: Fibre2Fashion's user-friendly interface makes it easy to browse, search for, and access information about various trade fairs and events. Now that we understand why Fibre2Fashion's Trade Fair section is a valuable resource, let's understand how to make the most of it.
Define Your Objectives Before you start exploring the textile and apparel trade fair listings, it's essential to have a clear understanding of your objectives. Are you looking to find potential trade fairs to attend as a visitor? Are you interested in exhibiting your products or services? Or do you want to explore sponsorship opportunities? Defining your goals will help you navigate the listings more effectively.
Explore Event Profiles Each trade fair or event listed on Fibre2Fashion's platform has a dedicated profile page. Take the time to explore these profiles thoroughly. Here's what you should look for: Event Details: Check the date, venue, and the event's official website for additional information. Organizer Information: Find out who is organizing the event and learn more about their reputation within the industry. Exhibitor and Sponsor Lists: Look for lists of exhibitors and sponsors to see if there are any companies or brands you want to connect with. Event Description: Understand the event's focus, theme, and what you can expect to find or showcase.
Use Filters and Categories Fibre2Fashion's Trade Fair directory offers filters and categories to narrow down your search. These filters typically include location, industry focus, and event type. Using these filters will help you save time and identify events that match your goals and preferences. For instance, if you're a fashion designer based in the United States, you can filter for events in fashion industry within your region or country.
Plan Your Engagement Once you've identified trade fairs or events that align with your goals, it's time to plan your engagement. Here's how: Visitor Planning: If you're attending as a visitor, make a list of the exhibitors you want to visit and the seminars or sessions you'd like to attend. Plan your schedule accordingly. Exhibitor Planning: If you're exhibiting, ensure you have a well-designed booth, promotional materials, and a clear strategy for engaging with attendees. Sponsorship Planning: If you're considering sponsorship, reach out to the event organizers to discuss opportunities and benefits.
Connect Through the Platform Fibre2Fashion's Trade Fair section often provides contact details for event organizers. Don't hesitate to reach out to them with any questions or inquiries you may have. Whether it's about registration, booth availability, or sponsorship packages, organizers are there to assist you.
Stay Informed In the lead-up to the event, stay informed by regularly checking the event's profile on Fibre2Fashion. Look for updates, announcements, and any changes in schedules or exhibitor lists.
Engage with the Community Many trade fairs and events have dedicated social media groups or forums where attendees, exhibitors, and sponsors interact. Join these communities to network, share insights, and stay connected with others in the industry.
Post-Event Follow-Up After attending or participating in a trade fair event, don't forget to follow up with the connections you've made. Take advantage of this opportunity to form trustworthy connections, explore new partnerships, and solicit feedback on your experience. Conclusion Fibre2Fashion's Trade Fair section is a valuable tool for anyone in the textile, apparel, fashion, and garment industry. By defining your objectives, using filters, exploring event profiles, planning your engagement, connecting with organizers, staying informed, engaging with the community, and following up after events, you can maximize your trade fair experience through this platform. Whether you're looking to attend, exhibit, or sponsor, Fibre2Fashion's Trade Fair directory is your gateway to a world of opportunities in the industry.
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