BUSINESS INNOVATION: SMART FLEXIBILITY

Our focus on Business Innovation aims to position IAF as a leading source of knowledge and expertise for apparel sector leaders. In partnership with the International Trade Center, we explore how garment manufacturers can achieve full supply chain profitability through smart flexibility—delaying garment production to meet changing customer needs. This approach fosters a shared risk model, moving away from purely price-driven transactions to ensure better pricing and profitability for manufacturers. By promoting innovative business models and digital design processes, we help our members stay competitive and responsive in a rapidly evolving market.

Key Components:

  1. Smart Flexibility: Emphasizes the postponement of garment production to better match consumer demand, reducing inventory costs and improving cash flow.
  2. Digital Transformation: Encourages the adoption of 3D digital design and development processes to speed up product development cycles and enhance collaboration across the supply chain.
  3. Collaborative Approaches: Promotes partnerships between manufacturers, brands, and raw material suppliers to achieve shared profitability and innovation goals.

Goals:

  •  Initiate industry programs aimed at creating better business outcomes for the full supply chain through business innovation.
  • Provide members with cutting-edge insights, tools, and resources to drive innovation.
  • Foster a collaborative environment where members can share experiences and strategies for succes.