Published March 27, 2017
Listen up, Apparel and Footwear executives! Below are three startling facts and three important recommendations that you need to take full advantage of to stay competitive.
First, the 3 startling facts:
- Amazon is the number 1 seller of Apparel & Footwear in the US.
- Amazon has 11 Apparel & Footwear private label brands that are GREAT VALUES.
- Amazon logistics scale is so large in the US, that no Apparel & Footwear seller operating alone can be competitive. All retailers & brands must collaborate to match Amazon’s logistics efficiency and effectiveness.
Now, 3 important recommendations for you to enhance your competitive position:
- Watch this video to understand how Apparel & Footwear companies can increase their logistics scale: http://www.monarchfxalliance.com/Thought-Leadership/Videos/What-is-The-MonarchFx-Alliance
- Watch this video to understand the latest, most cost effective, unit and shipping sortation material handling solution for Apparel and Footwear and why this technology is the foundation of MonarchFx: https://tompkinsinc.com/Services/Tompkins-Robotics
- Attend the Supply Chain Leadership Forum May 8-10th to understand how to reinvent your Supply Chain: https://www.tompkinsinc.com/sclf/index.html#schedule