The above infographic discusses the North American apparel industry, statistics on apparel ecommerce and what apparel inventory software is all about.

1. visitapparelpage
Sources:ResearchandMarkets,Treehugger,RetailCouncil,TheTorontoStar,Reuters,INC,Euromonitor
Formoreinformationon
ApparelInventorySoftware
matrixexample
Onestyleofproductmaycomein5coloursand7sizes,creating35
discreteproductsforinventorytrackingpurposes.Belowisan
exampleofamatrixtosimplifyorderentry.
Sincebothsalesandpurchaseordersare
likelytocontainproductsofthesamestyle
withvariedcoloursandsizes,itismuch
easiertoenterquantitiesinamatrixfora
givenstyle.Usingthisapproach,anorder
entryemployeecanplaceordersby
navigatingamatrixofallcoloursandsizesnavigatingamatrixofallcoloursandsizes
foragivenstyle,addingquantitieswhere
appropriate.Thiswillcreatemultipleorder
linesinafractionofthetimeitwouldtaketo
keytheminlinebyline.Thesame
functionalityshouldbeavailableforplacing
purchaseorders.Similarly,amatrix
approachtopricechangesonasalesorderorapproachtopricechangesonasalesorderor
purchaseordercansavetimeandreducethe
chanceoferrors.
OrderEntryandPurchasingMatrix
Usersdefineabasepartnumber(suchasastyle)
withvariationsintheproductIDtoaccountfor
sizeandcolour.Thisisparticularlyusefulinsitu-
ationswhereusersnotonlyneedtocreatedozens
ofvariationsofaproduct,butneedtoinputde-
scriptions,categories,pricingandotherproduct
information.Replicatingthis
informationmanuallyacrossdozensof
variationscanbebothtime-consumingand
error-prone.
ProductGeneration
apparel-specificfunctionality
ERPisafullyintegratedsystemthat
includesinventory,accountingandcontact
managementandisdesignedasan
end-to-endsolutionforallaspectsof
businessoperations.SomeERPsystems
willalsoincludeeCommerceintegration.
}
enterpriseresourceplanning
Whensearchingforapparelsoftware,itisbesttosearch
forasystemthatincludesapparelspecificfunctionality
butalsofunctionalityforallbusinessoperationssuchas
anERPsystem.
whatis
apparel
inventory
software?
Abilitytogetstock
informationin
realtime
Abilitytoeasily
makechangesto
product
information
Abilitytomanage
numerousproduct
codesproperly
apparelinventorysoftware
Anyonewhohasworkedinthe
apparelindustrywithclothing,shoes,
sportinggoodsandsimilarproducts
knowstheinherentcomplicationof
dealingwithlargenumbersof
productsthataresimilar,yetneedtoproductsthataresimilar,yetneedto
betrackedseparately.
commonissues:
Mobile
eCommerce
intheUS
continues
toincrease
65%ofmid-largesize
retailersinCandahadan
eCommercesitein2010,
withmostplanningto
haveasitewithin
fiveyears
AlthoughtheCanadiannumbersare
good,USretailersandmarketersare
evenbetteratutilizingtheinternetfor
drivingapparelsalesandhavebeen
consistentlyprovidingmore
sophisticatedonlineofferings.
Theseincludecomponentsthatallow
consumerstocompareprices,followconsumerstocompareprices,follow
styletrends,viewnewcollections,and
readcustomerratingsandreviews.
eCommerceisveryimportanttothe
apparelindustryandalthoughmany
companieshavetakentheleapto
sellingonlinetheopportunitystill
remainsforthosewhohavenot.
Clothing,accessories
andshoesareoneof
themostpopular
categoriesofitems
purchasedover
theinternet
apparelecommerce
Mostgarmentproductionforthe
U.S.marketisnowindeveloping
countriessuchasChina,Dominican
Republic,ElSalvador,Guatemala,
Honduras,Indiaandthe
Philippines.
In2010,Americanhouseholdsspent,onaverage,
$1,800onapparel,footwearandrelatedproducts
andservices.
However,manufactuirngproductionintheUShas
increasedbyabout5.7%sinceJune2009-itsfastest
paceinadecade.
theusapparelindustry
Percentageofthe
approximatley
73,000employeesin
theapparelindusrty
whoarewholesalers
In2010,Canadiahouseholdsspent,
onaverage,$2,500onapparel,
footwearandrelatedproductsand
services.
37%
TheCanadianapparelindustryisagrowingmodern
industrynolongerdefinedbythelocationofasewing
machine,butbasedonitseconomicoutputthroughout
itsvaluechain.Manynewjobsandopportunitiesare
beingcreatedforthethousandsofyoungCanadians
nowstudyingincollegesanduniversities.
thecanadianapparelindustry
In2010,China’stextileindustry
processed41.3milliontonsoffibre,
whichaccountedfor
53%oftheworld’stotalproduction
Theglobaltextiles,appareland
luxurygoodsmarkethadtotal
revenuesof$3,049.5billionin2011
theglobalindustry
thenorthamerican
apparelindustry