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CAN LEAN PRINCIPLES BE

IMPLEMENTED IN FASHION RETAIL?


PRESENTED BY
ANKITA CHANDEL
OBJECTIVE

 PRIMARY OBJECTIVE
 To recognize the possibility of lean implementation in fashion retail.
 SECONDARY OBJECTIVE
 To explore the lean principles that can be implemented in fashion retail.
METHODOLOGY

Developing research strategy

Data collection

Analysis

Discussion & conclusion


RESEARCH DESIGN & DATA COLLECTION

 Exploratory research
 Intended to explore the possibilities where fashion
retailers can incorporate lean management
 DATA COLLECTION
 Online Resources
 Unstructured Interviews
 Direct Observations
WHAT IS LEAN?

DEFECTS
 Operating strategy which
requires maximum efficiency WAITING OVER
coupled with identification and TIME PRODUCTION
elimination of waste.
 Requires simple workflow,
eliminating the loss of effort,
time and materials HANDLING
MUDA INVENTORY

MOTION REWORK
RETAIL FUNCTIONS

 Providing an assortment of products and services


 Breaking Bulk
 Holding Inventory
 Extending services
 Retail is largely based on three Vs- Value, Volume and Variety
RETAIL CHALLENGES IN DEPLOYING LEAN

 Change inputs from multiple functions


 Tightly budgeted labor hours
 Inexperienced associates
 Constantly changing consumer demographics
 Significant store autonomy
 Dynamic nature of fashion
LEAN RETAIL

Lean retailing is about -


 Total integration in the process from ordering to delivery
 Increasing delivery frequency with reducing number of tracks
 Increase sales combined with decrease inventory.
OPPORTUNITIES FOR LEAN

RETAIL STRATEGY

MERCHANDISE
MANAGEMENT

STORE AND
DISTRIBUTION
OPERATIONS
LEAN MANUFACTURIG TO LEAN RETAIL
LEAN SUPPLY CHAIN
LEAN TOOLS THAT CAN BE EXPLORES

 Value Stream Mapping


 Kaizen
 Visual Control Boards
 Standardized Work
 Just In Time
BENEFITS OF LEAN RETAIL
THANK YOU