Services

What Got You Here Won’t Get You There

Overview

Global supply chains are changing more rapidly than ever before. Yesterday’s best practices often become today’s inefficiencies.

In order to stay competitive in this rapidly changing retail landscape, it has never been more important to optimize your procurement practices. 

It all starts with an unbiased review of your back end.  Whether you’re looking to diversify your supply chain matrix, lower your costs, improve your margins, or deliver new levels of sustainability, until you validate your current practices and evaluate leading alternatives, you cannot ensure you will stay ahead of your competition. 

At Herzman Global, our client relationships begin with a hands-on supply chain audit. We take your product and pricing to the factories and mills and we utilize our on-the-ground network to validate your pricing. We also audit your quality standards and verify your sustainability claims to identify weaknesses in your current supply chain matrix.

We answer questions other audits ignore

Have your margins been compressed by increased supply chain costs the past 24 months?
Can you lower your MOQs and increase the number of SKUS each season while maintaining your current cost structure?
Are your supply chain costs fixed? Do you have healthy competition and a variable cost model in place?
Is there a category you have been looking to expand into, but have not been able to get the pricing or quality from your vendor base? How feasible is that?
Have you been unable to service the off-price or discount market with your current, design, PD and sourcing teams? Is there untapped revenue for you here?
Is there a new country you want to enter, whether to diverse your sourcing matrix or lower your current cost of goods? Why haven’t you? No local representation, no on the ground support, lack local knowledge? Are you missing out on opportunities in new areas?
Are you over designing? Are you engineering products to maximize margin? Is your design team working in the most efficient manner possible? Too many bespoke patches? Labels? Are you leveraging your supply chain partners fabrics, designs, running fabrics?
Do you want to have a more sustainable supply chain? Do you know the right questions to ask? The right ingredient companies to partner with? How to validate your green claims? Are you at risk for greenwashing?

Have you answered yes to any one of these questions? Then you need an independent supply chain audit. To get started and profit from our expertise, book your consultation today.