Building a Strong Foundation: The Importance of an Integrated Business Plan for Global Clients

When a business is looking to grow, they need strategic planning and results-driven objectives. This is even more true when a business has a global footprint and is worth hundreds of millions of dollars. That’s what happened when a $450M Supplement and Vitamins Consumer brand connected with our team. They were looking for a global standard IBP (integrated business planning) process that would align their business and financial operational plans and ultimately lead to projected growth.

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David Kelley
The Cost Of People

Toyota was one of the first companies to implement the notion of “Lifetime Employment.”  Of course, that has since faded but the rationale for offering it for the amount of time they did has not. Toyota sees all employees as either “Value Adders” or those who support Value Adders.  They take time and energy to develop problem solvers, and that represents an investment.  The more time an employee has been at the company, the more valuable they are because typically you have invested more, and they have become better employees.  And Toyota does not see the logic in parting with that investment except in difficult situations. 

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David Kelley
2024 Crystal Ball: 4 Key Things to Watch in the Footwear & Apparel Industry

The power of a large expert network is the ability to spot trends across the industry, impacting brands and suppliers of all sizes and segments. And the collective of practitioners at Zefyr Consulting have distilled those learnings into 4 key trends for 2024 - and how your company can leverage those insights in the new year. From consumer sentiment to margins to political change... what does our team of experts see on the horizon for the industry?

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Jessica Lackey
Nearshoring: Navigating with Eyes Wide Open

Brands are going into the Nearshoring conversation with a set of expectations that may not be realistic or fully informed.  Surely when the big footwear and apparel brands ventured into China and Vietnam in the 1980s, they had more of a Pioneering Spirit. They knew there would be hardships and obstacles to overcome, but they were hellbent on achieving success because they knew it was the right thing to do at the time.  When facing these sorts of obstacles today, it feels like brands are saying, “It can’t be done until something changes,” without knowing that THEY are the change that needs to push forward.  

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Jessica Lackey
Important Questions to Ask in an E2E Supply Chain Expense Review

While an optimized supply chain involves many more components than cost, it is a great starting point for a supply chain review. Supply chain expenses can be a very large component of your final product cost. Given that fact, it is surprising how few companies actually look at the supply chain as a key competitive advantage and spend time and effort to regularly review and improve on the network. 

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Jessica Lackey
Planning Fundamentals for Growth

When you’re building a brand, you’re determining what you sell and which vendors you can partner with based on financing or cash. You sell what you buy. But once you have a portfolio of products and a suite of factory and material partners, you’re going to face challenges to continue growing sustainably without proper planning fundamentals.

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Jessica Lackey
The Coming Traceability and Transparency Wave

Traceability is the ability to see a product’s journey from the finished product all the way back to the raw material, and all the processing and transportation in between.  Transparency is what you choose to disclose to the public or to your stakeholders. Read more about the elements that should be a part of your traceability initiative and how Zefyr can help through our latest service offering.

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Jessica Lackey
Just In Time is Not Going Away

The global COVID pandemic has stressed economies and supply chains in ways that haven’t been experienced in decades, if ever.  The result has been difficult for many to understand and manage, as evidenced by the overwhelming inventory situations that the US and other nations continue to work through in early 2023.  

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Jessica Lackey
Trends for 2023

The pandemic has continued to affect every part of the #supplychain in 2022 for Apparel and Footwear. As we close out the year and look forward to 2023, we’ve collected the insights from our Zefyr Consulting leadership team. We asked everyone for a key takeaway from 2022 and one key consideration for 2023.

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Jessica Lackey