Résumé
The clothing manufacturer has taken over management of supply and distribution as well as production. Through the retailer's "open books" practice, the manufacturer has access to information about stocks in the retailer's warehouse. When it sees stocks are low, it automatically increases production, ships the garments to the retailer and then sends an invoice. Small producers in LDCs have an uphill struggle to compete against such suppliers. Individually, they cannot offer an integrated service. They need to build connections between themselves to develop economies of scale, identify complementary products and refine their skills in order to stay in this rapidly changing business. LDC firms need to make special efforts to increase competitiveness, such as: 1. Take part in developing a sector strategy. 2. Improve sourcing skills. 3. Focus on higher-value products. To help LDCs maintain clothing exports, major import markets should offer them non-reciprocal preferential market access conditions, including rules of origin requirements that are easy to fulfil.
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Extrait
Clothing Goes Global
Today, the clothes we wear may have travelled more than us. The shirt below is a good example. Produced for a large retailer in the United States by a mega company based in Hong Kong (China) with branches in different countries, it embodies the globalizing nature of the textiles and clothing trade.
The shirt costs US$ 6.30 to produce up to the shipping point. With transport to the United States and duty, the cost is US$ 8.50. Bringing the shirt to the shop raises the cost to US$ 11.30. Finally, it is sold at a retail price of US...Voir le contenu complet de ce document
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