Audio Recording May 31, 2022 at 8:19:45 PM. Final Course Project. 

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Online Production & Sourcing Strategies By: Esther Kim June 07, 2022

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Audio Recording May 31, 2022 at 8:19:45 PM

Audio Recording May 31, 2022 at 8:27:10 PM. Diagram Description automatically generated. 

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Alexander McQueen’s Leather Biker Mini-Dress

Biker Denim Dress with a Waist Tie & Zipper Details

Audio Recording May 31, 2022 at 8:27:10 PM

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Fabric: 7oz Denim Fiber: 100% Cotton Color: Vintage

Fabric: Pocket Lining Fiber: 65% Poly/35% Cotton

Fabric: Fusible Interfacing Fiber: 100% Polyester

Audio Recording May 31, 2022 at 8:38:46 PM

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Audio Recording May 31, 2022 at 9:27:10 PM

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Audio Recording May 31, 2022 at 9:41:25 PM

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Bill of Materials
Date:
Sam le Size
Fabric:
Descri •on:
Descri tion
Fabric:
58" 60
58" 60
58" 60
Trims:
Sendouts:
2-Ma -2022
KIMOOOI
Denim
Denim
Color
70z Denim
Vinta e
Fusible Interfacin
pocket Linin
Buttons
ers - Closed B
Se aratin
Zi
White
White
Label Brand:
Season :
Size Ran e
Fiber Content
Biker Mini-Dress
w
EK
Fall 2023
XS - XL
ICH)O/O Cotton
Waist Tie & Zi er Details
Content
100%
Material
Cotton
100% polyester
65% Poly/35% Cotton
Metal
Metal
Metal
100% Polyester
100% polyester
100% Plastic
100% Plastic
Size
20L
#5
17"
25" x 14"
YD Unit
YRD
YRD
YRD
3.25
0.30
0.30
4
3
Packi Labels
Brand Label
Care Label
swivel TO Han er Black
Plastic Garment Ba Clear

Audio Recording May 31, 2022 at 9:53:57 PM

Audio Recording May 31, 2022 at 10:25:54 PM. Domestic Sourcing:. 

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7oz Denim  Hyde Park Denim Company Interfacing, Pocket Lining Mood Fabrics Snap Buttons KAMsnaps Closed Bottom Zippers, Separating Zippers Products from Abroad

Audio Recording May 31, 2022 at 10:25:54 PM

Audio Recording May 31, 2022 at 10:32:26 PM. Domestic Sourcing:. 

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Brand Label, Care Label, COO/Contents, Hang Tags Cruz Label Swivel Top Hanger, Plastic Garment Bag Mainetti Shipping Box Uline Full Packaging Maker’s Row

Audio Recording May 31, 2022 at 10:32:26 PM

Audio Recording May 31, 2022 at 10:48:14 PM. Import Sourcing:. 

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7oz Denim  Jiangsu  Zhongma  Yarn Dyed Technology Company Interfacing, Pocket Lining Jiangsu  Zhongma  Yarn Dyed Technology Company Snap Buttons Fuzhou  Lida  Industrial Development Co., Ltd. Closed Bottom Zippers, Separating Zippers Ningbo MH

Jiangsu  Zhongma  Yarn Dyed Technology Company

Fuzhou  Lida  Industrial Development Co., Ltd.

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Audio Recording May 31, 2022 at 10:48:14 PM

Audio Recording May 31, 2022 at 10:53:45 PM. Import Sourcing:. 

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Brand Label, Care Label, COO/Contents, Hang Tags Dongguan Suer Garment Accessories Co., Ltd. Swivel Top Hanger, Plastic Garment Bag, Shipping  Boxe Alibaba Full Package H&Fourwing

Dongguan Suer Garment Accessories Co., Ltd.

Audio Recording May 31, 2022 at 10:53:45 PM

Audio Recording May 31, 2022 at 11:01:48 PM. Cost Analysis:. 

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Domestic Import Total Cost $41.92 $34.30 Wholesale Price $104.80 $85.75 Retail Price $220.63 $180.53 Estimated Wholesale Price $269.47 $269.47 Wholesale Margin 67.3% 73.2%

Audio Recording May 31, 2022 at 11:01:48 PM

Audio Recording May 31, 2022 at 11:14:21 PM. Domestic:. 

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Domestic: Few holidays such as Thanksgiving, Christmas, & New Year NY Fashion Week 2023 is on Feb 9-15 Import:  Chinese New Year in 2023 is on Jan 21 – Jan 27 “Email Tech Pack to Import Suppliers,” “Send 1 st  Samples for Fit Approval,” “Send Comments for Revisions,” and “Receiving Final Samples,” “Ship Samples by Air” dates are crucial  NY Fashion Week is a couple of weeks after Chinese New Year.  Both: Careful planning of Production time Shipment to the Warehouse takes 5 days on-air or 3 weeks on a boat Careful consideration between overall cost, delivery speed, and impact on the environment

Audio Recording May 31, 2022 at 11:14:21 PM

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A strong presidential democratic political system High tension between Democrats and Republicans With a stable political environment, well-developed technology, and infrastructure, the U.S. attracts as a great destination for foreign direct investment

Global lockdowns in 2020/21 caused havoc to the US economy. The economy shrank by 3.5% in 2020 The Federal Reserve injected $2.3 trillion into the economy in early 2020 to deal with the challenge Labor is not cheap compared to that in China, India, and Mexico

World’s 3 rd  most populated country w/ a total population of 328 million people by the end of 2020 Very diverse country. 1 in 3 Americans are African, Asian, Latino, or Native American ancestry Rising racial intolerance, police violence, crime, and infant mortality rate are some of the grave concerns

U.S. is ranked 11 th  in the world for innovation in 2021 Ranked #4 in technological expertise, but ranked #1 in quality innovation for a high-income economy Disruptive technologies like additive manufacturing, 3D-printing, advanced robotics, and more are revolutionizing U.S. manufacturing

CO2 emissions in the US declined by 3% during 2019 The president vowed to invest $400B over 2021-2030 as part of a broad mobilization of public investment in clean energy and innovation Target of reducing the carbon footprint of the US’s building stock by 50% by 2035

Audio Recording May 31, 2022 at 11:28:58 PM

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Communist party-led state President is XI Jinping & Vice President is Wang Qishan Has 8 nominally independent small parties controlled by the Chinese Communist Party or the President

World’s fastest-growing economies, with real GDP of over 9% growth annually through 2021 Labor force was estimated at 774.71M in 2019 Labor cost is significantly low, so many companies prefer to hire employees from China Inflation rate and the cost of property are increasing

Urban population is 63.6% of the total population (2022) Annual rate of urbanization is 1.78% annual rate of change (2020-25  est )  Lifestyle is changing so businesses are noticing changes in social behavior and purchasing trends Approx. 420M internet users. The number of people using e-commerce is on the rise

Has the largest Internet market in the world with most accessing through mobile devices Biggest tech giants such as Baidu, Alibaba to increase their sales E-commerce is preferred instead of visiting the store

World’s largest single emitter of carbon dioxide, water shortages, water pollution, and habitat destruction However, they set up some guidelines for businesses and aims to secure the environmental standards of production 10-year plan spent between $75 to $100B US per year on clean energy projects – new, more clean energy sources and more electric vehicles

Audio Recording May 31, 2022 at 11:37:30 PM

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Presidential democratic system of government and administration Significant influence and power in the region and in global affairs. Has always maintained a neutral position in the internal conflicts throughout the country’s history. Facing a severe challenge of corruption. Became a challenge in a country’s economic growth.

Annual nominal GDP of Mexico in 2020 was $1.322T US (15th’s world’s highest) Known for a lot of cotton goods; especially for their denim The foreign direct investment of Mexico in 2020 was $23.5B and has declined to the pandemic

About 126M people are populating the country Social challenges like the gap between rich and poor 53% of the country’s population is under the poverty line

Many research and development facilities opened in Mexico’s second-largest city, Guadalajara Attracted Facebook, Google, Amazon, Uber, and many others Passed a bill in 2018 to be able to adopt technology such as cryptocurrency crowdfunding, and digital technology

Environmental challenges such as loss of freshwater, toxic waste, water pollution, and air pollution Established new policies and incentives to guide inclusive, sustainable development through activities at the G20 meetings in Germany, the Paris Agreement on Climate Control and the UN SDGs

Audio Recording May 31, 2022 at 11:48:11 PM

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Low labor costs, quality of production Highly educated workforce NAFTA and Free Trade – 99% of imports are duty-free with the remaining 1% benefiting from preferential duty Mexico is known for its cotton goods, especially denim Closer to the U.S. which reduces the cost of transportation. Easier access to Mexico operations and manufacturing facilities than in China

Reduced overall costs. Low cost and high quality Although the minimum wage and the working standards had increased throughout the years, China still continues to carry its work ethic, low taxes, and competitive currency practices More advanced with their technology and has more suitable manufacturing facilities than in the U.S. Global Expansion opportunities Improve faster production and scalability Not all facilities in China are exploitative

Consumers’ trust and patriotic loyalty ”Made in U.S.” has a better reputation than in “Made in China” Better guarantee of safety, transparency, and accountability Easier communication Higher labor standards Faster fulfillment times Greater IP security, decreasing the chances of intellectual property theft

Audio Recording Jun 1, 2022 at 12:06:03 AM

Audio Recording Jun 1, 2022 at 12:21:23 AM. Final Decision. 

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China Work ethic, low taxes, and competitive currency practices More advanced technology and more suitable manufacturing facilities Great opportunity to expand globally

Audio Recording Jun 1, 2022 at 12:21:23 AM

Audio Recording Jun 1, 2022 at 12:22:41 AM. Work Cited:. 

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“Cotton Fabric and Yarn Manufacturing Industry in China - Market Research Report.”  IBISWorld , 3 Dec. 2021, https:// www.ibisworld.com / china /market-research-reports/cotton-fabric-yarn-manufacturing-industry/#:~:text=The%20companies%20holding%20the%20largest,.%2C%20Lu%20Thai%20Textile%20Co.  “Dongguan Suer Garment Accessories Co., Ltd.”  Made-in-China Connecting Buyers with Chinese Suppliers , https://dgxiuer001.en.made-in-china.com/company-DONGGUAN-SUER-GARMENT-ACCESSORIES-CO-LTD-.html.  Frue , Kiesha. “Pest Analysis of Mexico: Corruption and the Expanding Fintech Market.”  PESTLE Analysis , 24 Nov. 2020, https://pestleanalysis.com/pest-analysis-of-mexico/.   Garagnon , Elsa. “How the ‘Made in China’ Label Is Transforming in Fashion.”  Good On You , 28 June 2021, https:// goodonyou.eco /made-in- china /.  Lu, Sheng. “Why Sourcing from China? A Case Study on VF Corporation's Textile and Apparel Sourcing and Supply Chain Strategy.”  FASH455 Global Apparel & Textile Trade and Sourcing , 28 July 2021, https:// shenglufashion.com /2021/07/28/why-sourcing-from-china-a-case-study-on-vf-corporations-textile-and-apparel-sourcing-and-supply-chain-strategy/.  Mike, China. “China Facts: Energy, Environment and Pollution in China.”  China Mike , China Mike, 23 Nov. 2020, https:// www.china-mike.com /facts-about- china /facts-pollution-environment-energy/.  Shaw, Ahsan A. “Pestle Analysis of USA.”  SWOT & PESTLE Analysis , 11 Jan. 2021, https:// swotandpestleanalysis.com /pestle-analysis-of- usa /# Political_factors_Impacting_USA .  West, Darrell M, and Christian  Lansang . “Global Manufacturing Scorecard: How the US Compares to 18 Other Nations.”  Brookings , Brookings, 9 Mar. 2022, https:// www.brookings.edu /research/global-manufacturing-scorecard-how-the-us-compares-to-18-other-nations/.  “Why Manufacture in Mexico?”  NAPS , 27 Mar. 2021, https:// napsintl.com /manufacturing-in- mexico /why-manufacture-in- mexico /.  “The World Factbook - China East and Southeast Asia.”  Central Intelligence Agency , Central Intelligence Agency, 20 May 2022, https:// www.cia.gov /the-world-factbook/countries/ china /#economy.  “The World Factbook - United States North America.”  Central Intelligence Agency , Central Intelligence Agency, 19 May 2022, https:// www.cia.gov /the-world-factbook/countries/united-states/#environment.

Audio Recording Jun 1, 2022 at 12:22:41 AM

Final Course Project

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