By Roshan Shishoo
Advances in expertise, mixed with the ever-evolving wishes of the worldwide industry, are inflicting speedy switch in the cloth and garments undefined. the worldwide cloth and garments undefined: Technological advances and destiny demanding situations offers an important assessment of those adjustments, and considers their implications for the way forward for cloth production.
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Additional resources for The global textile and clothing industry: Technological advances and future challenges
Example text
In a more Marxist way, Harvey (1989) describes the following: acceleration in turnover time [is] a strong feature in the recent period of flexible accumulation . . Heightened competition certainly provokes individual firms to speed up their turnover time. Those firms with the fastest turnover time tend to gain excess profits thereby and so survive more easily. (Harvey, 1989, p. 182) This shift was indeed associated with a transformation of Fordist mass production to more flexible forms of production after the neo-liberal reforms of Reagan and Thatcher at the beginning of the 1980s.
These markets do not demand the best product – just a good product fulfilling specific needs at a reasonable price. Ease of care and durability is important, as well as features offering protection. This also creates room for retailers and brands offering basic fashion of a reliable quality. This market is not yet well served since local manufacturers tend to work for exports and western brands cater for the middle and upper classes. The workers and self-employed are, thus, left aside, supplied from the informal economy and from second-hand markets.
5 Conclusions for managing the textile business Lock-in factors are a useful framework by which to assess the management of change in the next decade. Cognitive lock-ins, in particular, are the direct responsibility of management, whereas functional lock-ins are a legacy to handle (both an asset and a burden) and institutional lock-ins involve understanding and accepting a context, and possibly engaging external relations to tackle the issue. The challenges upfront are different for each sector and company.