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As global fashion retailers evolve in an increasingly digital-driven world, a connected approach is key to accomplishing their sales goals and giving customers what they want. Through implementing a Digital Supply Chain (DSC), companies can instantly respond to the latest sales trends, overcome slow moving information and disconnected data and reduce overstocks and markdowns.
According to McKinsey, DSCs can enable cost reduction of at least 2.5% and will reduce lead times by 2-8 weeks, indicating the sooner the better when switching to a digital supply chain.
This infographic breaks down the components, stages and benefits of using a digital supply chain and guides readers through the visible application of this tool. Download the graphic to gain a comprehensive understanding of DSCs and assess how they can benefit your company.