FFD 802 Lecture Notes - Lecture 1: Knitting
Document Summary
Ffd802 strategic production management week 1. We have moved from a time where everything was made by hand to machine. There has been an evolution from custom tailored goods to automated assembly lines. The industry is still very labour intensive, despite evolution. The timing of the product change product change = a fashion change (fashion changes all the time) Seasonal changes in apparel, especially in a country like canada. Quality, intrinsic (what goes into the garment) and extrinsic quality (the price, the marketing, the perceived value of the garment) Price, completely related and associated to quality. The industry has classifications of price, to describe the different levels of merchandise. Low-end/budget: represents the majority of merchandise sold at retail, with low end, price is the primary point of competition, production and material costs must be controlled very carefully, quality does not come in (may not be as important)