FAS 353 Lecture Notes - Lecture 10: Equity Sharing, Alien 3, Quality Assurance
Document Summary
Offshore vendors in developing and newly industrialize countries offer services in: textile manufacturing and finishing, testing and colour- matching service, patternmaking and grading, apparel manufacturing. Allows developers to: respond quickly to shifts in demand, maintain control of quality, costs, scheduling, support functions and working conditions. Facilities are equipped with cutting-edge tech and have access to a highly skilled workforce. Checklist of points to review in choosing vendors. Preparing for a market visit purposes of buying trips. To learn about new trends and new merchandise. To attend previews of new vendor lines. The industry has been hit hard by a series of factors, largely emanating from trade liberalization and retail industry restructuring. Major trade liberalization initiatives include: the removal of import quotas in accordance with the world trade. Organization agreement on textiles and clothing which commenced in 1995 and was fully implemented by jan1 2005.
