Managers voted shorter lead times as the number one most important factor for cost-efficiency and profitability for their business in the fashion industry, stated by 74 percent of respondents. A higher service level as well as an efficient return proces were voted the second and third most important factors with 68 percent and 64 percent of respondents respectively. Digital commerce was voted the least important factor with just two percent of respondents.
Which are the most important factors for being cost-efficient and profitable in the fashion industry?
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The original question was phrased by the source as follows: "Vilka är de viktigaste faktorerna för att vara kostnadseffektiv och ha en bra lönsamhet?".
*Lead time is defined as time between initiation and completion of production.
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NaviPro. (March 30, 2019). Which are the most important factors for being cost-efficient and profitable in the fashion industry? [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1078543/most-important-factors-for-profitability-in-the-fashion-industry-in-sweden/
NaviPro. "Which are the most important factors for being cost-efficient and profitable in the fashion industry?." Chart. March 30, 2019. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1078543/most-important-factors-for-profitability-in-the-fashion-industry-in-sweden/
NaviPro. (2019). Which are the most important factors for being cost-efficient and profitable in the fashion industry?. Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1078543/most-important-factors-for-profitability-in-the-fashion-industry-in-sweden/
NaviPro. "Which Are The Most Important Factors for Being Cost-efficient and Profitable in The Fashion Industry?." Statista, Statista Inc., 30 Mar 2019, https://www.statista.com/statistics/1078543/most-important-factors-for-profitability-in-the-fashion-industry-in-sweden/
NaviPro, Which are the most important factors for being cost-efficient and profitable in the fashion industry? Statista, https://www.statista.com/statistics/1078543/most-important-factors-for-profitability-in-the-fashion-industry-in-sweden/ (last visited July 05, 2024)
Which are the most important factors for being cost-efficient and profitable in the fashion industry? [Graph], NaviPro, March 30, 2019. [Online]. Available: https://www.statista.com/statistics/1078543/most-important-factors-for-profitability-in-the-fashion-industry-in-sweden/