Module 3 The Supply Chain and Sustainability

Question 1

Capsule collection

Answer 1

small collection (often experimental in nature) created by a fashion brand company for a particular fashion season

Question 2

Contractor

Answer 2

company that specializes in the constructing, sewing, finishing of goods or that specializes in a specific part of the production process (such as pleating piece goods)

Question 3

Cultural sustainability

Answer 3

strategies that maintain the value and integrity of cultural norms, including artifacts and processes that represent the culture

Question 4

Cut, make, trim (CMT)

Answer 4

contractors who cut, make, and trim the garments/products for the fashion brand company

Question 5

Direct-to-consumer

Answer 5

strategy in which a fashion brand company sells merchandise directly to the ultimate consumer, typically through e-commerce or direct sales

Question 6

Dual distribution

Answer 6

strategy whereby fashion brand companies sell their branded merchandise themselves as well as through other retailers

Question 7

Economic sustainability

Answer 7

creating supply chains that provide financial resources necessary for building and sustaining profitable businesses that serve the common good

Question 8

Electronic data interchange (EDI)

Answer 8

technology that makes possible the digital transfer of of data from one computer another without human intervention

Question 9

Enterprise resource planning (ERP)

Answer 9

systems that assist fashion companies in managing and integrating core business processes

Question 10

Environmental sustainability

Answer 10

focuses on sustaining the earth’s natural resources using practices that (1) reduce consumption of nonrenewable resources and (2) ensure that consumption of renewable resources does not exceed their long-term rates of natural regeneration

Question 11

Fashion season

Answer 11

name given to lines or collections that correspond to seasons of the year when consumers would most likely wear the merchandise (e.g., spring, summer, pre-fall, fall, holiday, and resort)

Question 12

Fast fashion

Answer 12

ultra fast supply chain calendar and operations that focus on consumer demand of fashion goods

Question 13

Full-package contractor

Answer 13

a type of contract facility that provides design, manufacturing, and trimming services

Question 14

Horizontal integration

Answer 14

business strategy whereby a company focuses on a single stage of production/distribution but with varying products or services

Question 15

Logistics

Answer 15

coordination of the purchasing and movement of materials, components, and products through the company’s supply chain

Question 16

Multichannel retail

Answer 16

supply chain strategy whereby a company offers merchandise through multiple retail channels (e.g., brick-and-mortar stores, online, mobile app)

Question 17

Omnichannel retail

Answer 17

strategy resulting in the seamless integration of multichannel retail strategies including brick and mortar and online retail operations

Question 18

Point of sale (POS)

Answer 18

time and place where a retailer sells merchandise to the customer

Question 19

Product life cycle management (PLM)

Answer 19

technologies used to track fashion product information through their design, development, manufacturing, and retailing strategies

Question 20

Replenishment

Answer 20

reordering of merchandise. Automatic replenishment is the automatic reordering of merchandise

Question 21

Radio frequency identification (RFID)

Answer 21

wireless communication and tagging technology used to accurately track containers or merchandise through the supply chain

Question 22

See now, buy now

Answer 22

supply chain calendar whereby consumers can purchase the merchandise immediately after the new line/collection is presented to the media

Question 23

Short-cycle supply chain

Answer 23

ultra fast supply chain calendar and operations that focus on consumer demand of fashion goods

Question 24

Social sustainability

Answer 24

focuses on creating and sustaining social structures and processes that ensure the health and well being of individuals and communities

Question 25

Specialty store retailers of private label apparel (SPA)

Answer 25

specialty retailer that offers only private label merchandise (e.g., zara, banana republic)

Question 26

Specification buying

Answer 26

process by which a merchandiser works directly with a full-package contractor to create a tech pack

Question 27

Stock-keeping unit (SKU)

Answer 27

a number code used to identify each distinct product and service that can be purchased, thus enabling the company to systematically track its inventory or product availability

Question 28

Supply chain assurance

Answer 28

assuring responsible sourcing, production, and purchasing throughout the supply chain

Question 29

Supply chain calendar

Answer 29

stages and time necessary for fashion companies to research, design, manufacture, and distribute a fashion product

Question 30

Supply chain management (SCM)

Answer 30

coordination and management of the business activities necessary to take a fashion product from materials to manufacturing to be sold to the ultimate consumer

Question 31

Supply chain traceability

Answer 31

knowing where, how and by whom all aspects of a fashion product are made and distributed

Question 32

Supply chain transparency

Answer 32

effective communication where, how, and by whom all aspects of a fashion product are made and distributed

Question 33

Universal product code (UPC)

Answer 33

a bar coding systems used to electronically identify merchandise; a 12 digit number that identifies the manufacturer and merchandise item by stock keeping unit

Question 34

Value-added network (VAN)

Answer 34

third party computer system that allows business data to be transmitted electronically from one company to another

Question 35

Vendor-managed replenishment (VMR)

Answer 35

programs whereby the fashion brand company (vendor) reviews retail sales/stockout data and orders replenishments as often as required

Question 36

Vertical integration

Answer 36

supply chain strategy whereby a company handles several steps in production and/or distribution