Apparel Online Bangladesh Magazine April Issue 2019 | Page 17

COVER STORY India has,” said Mohit Mathur, adding, “Make sure that the transformations done within the length, breadth and depth of an organisation is what is going to bring in changes for the retailers.” “Indian retail industry is moving towards re-engineering sourcing, which is a very good sign for fashion retail sector of India.” “In today’s market, it is important for us to relook at our manufacturing practices to seed the potential that India has...” – Wicrant Gambhir, Head Sourcing, Jockey India – Mohit Mathur, Senior VP Sourcing, Landmark Group “Speed, agility and technology are the keys to serve today’s customers,” underlined Neetu adding, “The main ingredients to a successful organisation are the quality of the products and a clear consumer understanding.” Apart from the combination of speed, technology and flexibility, manufacturers need to look carefully at the other aspects as well, she emphasised. “The mindset of the manufacturers is what needs to be changed, as today the customers are striving for new products and want to stand out from the crowd everyday,” explained Neetu stating the relevance to help the vendors/manufacturers grasp the emerging concepts in retail, and fine- tune and upgrade their capabilities accordingly to make a successful foray into the Indian fashion retail sector. I am impressed by the collection displayed by Bangladeshi garment manufacturers and will try to focus more on sourcing from Bangladesh” – Bipan Jain Managing Director, Madame Second session of the Day-2- EASE OF FASHION IMPORTS - STEER YOUR WAY THROUGH LOGISTICS, Day 2, Panel Discussion 2: Seminar titled ‘Ease of Fashion Imports’ marked presence of industry professionals who addressed the pain points of handling import and export sector “We work very close to our vendors to make sure that the products outsourced are consistent and according to our need, supporting us and tool propelled by technology.” – Ramesh Ramalingam, AVP– Sourcing Operations, Arvind Lifestyle Brands BANKING AND CUSTOMS, moderated by Neeraj Nagpal (Customer Care Associate and President – Brands, Shoppers Stop) saw speakers like Naagendra Srinivasa (Head Supply Chain & Sourcing, Raymonds Limited), E. S Shankar (MD, Synergy Logistics), Mohd. Nasir, VP – Finance, BGMEA and MD Evergreen Sweaters) and Sandeep Golam, (Director Operations, Armana Group) run through many important issues related to the concerns of importing garments from Bangladesh. The next panel discussion revolved around products, quantities, sourcing strategies and delivery expectations of both Indian and international brands sourcing for Indian stores with focus on new challenges and also growth areas like opportunity buying. Titled RE-ENGINEERING SOURCING- SOURCING STRATEGY FOR INDIAN & INTERNATIONAL RETAILERS AND BRANDS IN INDIA, eminent names from the Indian fashion retail sector including Mohit Dhanjal (Director Retail, Raymond Limited); Wicrant Gambhir (Head Sourcing, Jockey India); Mohit Mathur (Senior VP – Sourcing, Landmark Group); Yogesh Choudhary, VP – Production/ Sourcing, Gini and Jony Ltd.); Purvi Joshi (VP – Being Human Clothing/ Mandhana, India); and Ramesh Ramalingam (AVP – Sourcing Operations, Arvind Lifestyle Brands), took part in the dialogue. “In today’s market, it is important for us to relook at our manufacturing practices to seed the potential that Moderating the session, Mohit Dhanjal stressed that since retail formats and the way of working are changing fast, the back-end support in terms of sourcing also needs to keep pace by using new technologies to reduce time to market. Last session of the show, DRIVING SMART RETAIL AND SOURCING WITH NEW TECHNOLOGY IN 2019 included eminent names like Robert Lobo, Consultant, AI, Applications, Venture Partner at Z Nation Lab; Vikas C. Raykar, Senior Researcher, IBM Research; Ankur Dinesh Garg, President & CEO, Hotify & Co; Gunish Jain, CEO, Blue Kaktus; and Urvashi Gupta, Head of Account Management, WGSN, South Asia underlining the role and importance of technology in today’s retail perspective. The session was moderated by Prabir Jana, Professor, NIFT, Delhi. The Open House session by Winkl on Day-2 garnered similar attention just as it had on Day-1 with Divya Maben, Deena Pinto and Farah Magi of Winkl continuing forward with the discussion on the growing significance of the new concept of ‘influencer marketing’ in retail segment. The fun highlight of the final day of ASW was hands-down the interactive and highly engaging WGSN Fashion & Retail Quiz. As stated by Puneet Dudeja, “This was the first time that WGSN held a quiz in India. We generally do trend forecasting presentations, but being a great way to engage the audience, we took up this quiz at Apparel Sourcing Week as it had the correct audience for an industry-oriented theme like fashion and retail. We are happy with the response.” The winners of the quiz competition were proud recipients of Amazon Alexa as well as a presentation by WGSN. Considering the huge success and acclamation that the inaugural edition of ASW has received, the organisers are soon to declare the dates for the next edition… So, be ready to be a part of the next ASW! www.apparelresources.com | APRIL 2019 | Apparel Online Bangladesh 17