TJD International Holding Company Performs Analysis on the Apparel Manufacturing Industry

TJD International Holding Company (TJD) will perform an industry analysis on the apparel manufacturing industry. China is the largest exporter of this $480 billion market and the EU, Japan, and the U.S. are top importers of apparel. These three import nations account for 90% of all imported apparel. Demand is driven by consumer preference and a combination of costs of manufactures in the U.S. and overseas. “The profitability of individual companies depends on efficient operations and the ability to secure contracts with clothing marketers. Small companies can compete effectively with large ones by specializing in a particular type of apparel manufacture.” 1 U.S. imports account for ninety percent of the U.S. market. The largest suppliers to the U.S. are Bangladesh, China, Indonesia, Mexico, and Vietnam.
International companies do not report their data globally on a macro level, which doesn’t allow competitors to benchmark sustainable progress. Therefore, TJD will analyze the strategic framework of the top three export countries and identify firms that have had success. Factors such as political, cultural, economic, and financial components will be assessed to determine competitive advantage.
Overall, TJD analysis will provide insight of the key factors that attribute to the global competitive position of the top three firms in the industry. An assessment will include our position in the global market place and objectives to improve our operations. This will lead to a seven-year strategic vision to create a long-term competitive advantage to be recognized in the apparel manufacturer industry as a leading emerging exporter.
Question 1
The manufacturing industry is a $480 billion market. China is the largest exporter and the E...

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... The success of this lean approach depends on the implementation of physical changes to production processes, increased leadership capabilities and the development of an empowered workforce (nike). Our lean manufacturing process will seek to engage the minds of those closest to the work to solve the problems that prevent them from delivering quality product on time, every time.
Workforce Development
Training has to be the most important element in the apparel manufacture industry.
Because our goal will be to employs millions of workers around the world in the next seven years, especially in low income countries, it is important that workforce development and training programs are easily accessible for our staff. Our development program will consist of monitoring factory performance in labor, health, and safety and environment areas against the industry standards.