The global manufacturing supply chain in the textile and apparel industry is highly intricate involving multiple suppliers, geographies, and stakeholders. Managing and coordinating this complex network while ensuring on-time production deliveries is a significant challenge.
The Challenges of Delayed Production Orders: A Closer Look
Production delays in the textile and apparel industry can have a cascading impact throughout the supply chain. Brands and retailers struggle to meet delivery deadlines, causing financial losses and damaging customer trust. The lack of real-time visibility into production status and communication gaps between vendors, manufacturers, and brands further exacerbate these issues, leading to missed milestones and costly errors.
According to the “State of Fashion 2022” report by McKinsey & Company, nearly 58% of fashion executives cited supply chain inefficiency as a significant challenge faced by the industry. Additionally, the same report revealed that 61% of executives believed that digitizing their supply chains would be crucial to overcoming these challenges and achieving operational excellence.
Unforeseen production delays in textile and apparel manufacturing can trigger a ripple effect across the entire supply chain, causing significant disruptions to planned operations. These delays can lead to missed deadlines, unsatisfied customers, and substantial financial losses. The lack of real-time visibility and actionable insights hinders manufacturers’ ability to address bottlenecks proactively and mitigate potential risks.
Textile companies that can adapt to the increasing complexity by updating and digitizing their operating models and using real-time production tracking for their supply chain are best placed to weather the upcoming storm.
7 Reasons Why You Must Adopt a Real-Time Production Tracking Software for Your Supply Chain
- Accelerated Production Cycles and on-time Deliveries
By leveraging real-time insights, vendors can identify bottlenecks in the production process and take corrective action promptly.
Increased visibility into the production orders and status improves on-time deliveries. Tracking production stages and milestones reduces errors.
- Seamless Communication and Collaboration
Real time production tracking allows for better visibility.
It fosters seamless collaboration among stakeholders. Real-time updates, messaging features, and task assignment capabilities enhance collaboration, reducing miscommunication and facilitating swift resolutions.
- Optimal Workflow Efficiency
Digital production tracking software allows for the standardization of workflows across divisions, products, and brands.
Manufacturers can optimize production planning and execution, reducing inefficiencies and minimizing lead times. They can easily plan and track placements to ensure on time delivery of fabrics.
- Simplified Document Management
All approvals and supporting documents can be consolidated in a single platform, facilitating easy access and retrieval.
- Strengthened Stakeholder Relationships
Improved communication and real-time tracking capabilities foster transparency and trust among stakeholders. It minimizes friction between vendors, manufacturers, and brands, creating an environment conducive to long-term and collaborative partnerships.
- Data-Driven Decision-Making
With robust data analytics, Digitized Production Tracking Software empowers you to make data-driven decisions and continuously optimize processes. Identifying areas for improvement and reducing waste drive enhanced operational efficiency.
- Proactive monitoring and intervention to prevent sales loss
Comprehensive dashboards play a crucial role in driving efficiency, mitigating risks, and optimizing the entire production process.Quick access to order status and pending approvals allows for immediate action preventing sales loss resulting from missed deadlines or delayed deliveries.
Simplify Your Production Management Workflows with TrackIT
Brands now have the power to manage their complex and multifaceted global supply chain on a single platform.
TrackIT’s cost effective and reliable production tracker gives you a bird’s eye view of all tasks that require your attention to plan, track, and manage milestones that are important to you.
As the industry continues to evolve, a real time production tracking software stands as a key enabler of manufacturing excellence, driving success, and shaping the future of textile and apparel supply chain management.