An Overview of Demand Management through Demand Supply Chain
Read this article researching the challenges in the fashion industry to respond to ever-changing consumer tastes. While reading, think about industries other than fashion where managing production capacity is an ongoing task.
Conclusion and Future Research
DSCM is a cutting-edge method of managing value chain which encompasses a wider perspective from customer oriented marketing to demand fulfilment activities. By reviewing existing researches on various perspectives of demand and supply and wandering web resources, this study attempted to investigate the researches on DSCM and its association to textile and apparel retailing and manufacturing. There are a significant number of researches found related to SCM and a considerable amount on DCM is observed especially nowadays in this sector. In most of the fashion chain literature, the emphasis is seen from retailing and marketing perspective and the manufacturing segment dominated by them. However, combining the demand and supply perspective in fashion chain exclusively is inexistent. The study also reveals that researches in textile and apparel DSCM are not ample and this is the motivation of the contribution to this effort. This study tries to fill the gap to bring the demand and supply mutual and complementary co-existence in the same value chain. The connection and essentiality of DSCM with fast fashion concept are more noteworthy. However, it opens up the scope for the retailers running the SC traditionally and does not hold the same view as fast fashion retailers. Further research through specific case study can examine how the less fashion-sensitive brands can adopt and benefited by DSCM. At least non-value adding activities can be minimized and processing pace can be improved which may lead to different scope in their business. Whether it is fast fashion or so-called slow fashion, both would need their product on-time to the stores.
The conjunction of DSCM with other aspects like consumer segmentation,
product and product pricing segmentation deserve ample research.
According to this research it is evident that there are lot of open
possibilities when demand and supply are reciprocally combined. The
organized study in textile and apparel supply and demand chain provides
the ground for developing the framework for the application of DSCM in
this sector. Experts in demand side can have better view on supply side
and vice versa. The drivers of demand-supply integration is widely
discussed and it is also shown that the elements for the integration
existent to some of the retailers in this review. The comparative
picture exposed the gap between successful retailers and the similar
retailers based on the quick response concept. The apparel market is
affected by the fast fashion concept widely and presumably trend will
continue in the same direction. Even it is not fast fashion, brands
would like to include new products in efficient manner. Therefore, in
addition to the present research related to SCM or DCM of fast fashion,
emphasis should be put on further investigation on the DSCM on fast
fashion and for others. It is also necessary to inquire, how the same
interest can be propagated to different members of a SC, especially when
it is not vertically integrated. It is critical because extremely quick
response requires consensus at all levels of DSC, although individual
firms preserve their own interest.