The apparel and textile industries have always been at the mercy of
rapidly changing styles and fickle customers who want the latest
designs while they are still in fashion. The result for these
businesses, often forced to forecast sales and order from suppliers
with scant information about volatile demand, is a history of stock
shortages, high inventories, and costly markdowns. But, as the
authors explain in A Stitch in Time, technological
advances in... more...