Download Globalization of the Fashion Industry - Outline | AMID and more Study notes Production and Operations Management in PDF only on Docsity! Globalization of the Fashion Industry I. How has Globalization Impacted the Fashion Industry? A. Firms found it necessary to __________________ B. Part of ___________ activity C. Countries trying to expand __________ D. ____________ to compete II. What Has Contributed to the Fast Rate of Globalization? A. Interconnected global ___________ B. _______________ systems C. _____________ development D. Lower labor _____________ E. Success of this country_____________ F. Ability to start businesses with little _______________________ III. All Industry Segments Affected A. Textile Producers- B. Apparel Firms- C. Retailers- D. Consumers- E. Auxiliary Enterprises IV. Why the High Rate of Imports? A. _________ Prices B. Availability of ______________ C. ___________ voids D. _____________ more adaptable / cooperative E. F. Fashion or ________________ influences V. Growth of Global Trade A. Import penetration - B. Labor- C. Trade barriers mean- D. Barriers cause- E. Who wants barriers?- VI. Import Buying Methods A. Foreign Trade Shows B. Foreign Producers at _______________ C. Foreign Producer’s ______________ in US D. Store-owned ________________ E. Mass _______________ F. Foreign Commissionaires/ _________________ VII. Imports by Manufacturers or retailers A. Direct Imports by mfgs- _____________________________ B. Offshore Production 1. _____________- Everything but the design is supplied by contractor (fabric, finishing, labeling, pkg, shipping) 2. _____________- Even design added to above 3. _____________- Domestic producer supplies design and buys fabric and then has it shipped to contractor/ cut and sew 4. _____________- Fabric is made and cut in the US and sent elsewhere for sewing. Sent back to US for finishing (duty advantages) VIII. Trade A. Deficit- B. Protectionism- who? C. Free Trade- who? D. ______________trade policies for purpose of ______________ E. Importance- IX. World Trade Organization A. Why important B. Administers multi-lateral trade agreements/ dispute settlement systems C. 153 Countries X. DOHA Talks A. What? B. Objective- XI. Barriers to Trade- Quotas A. ____________ pacts established country-by-country quotas B. ___________________ responsible for tracing C. Measured in ______________ D. Most all quota ended in ___________ except those with “safeguards” E. Safeguards- F. Safeguards through _____- G. Transshipping-
