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Elaine Stone
Part Three
Chapter Seven
Product Development
Key Concepts
The major advantages and disadvantages of the contractor system The six-stage process of developing and producing a line of apparel The major industry practices of licensing, brand extension, private label and specification buying, offshore production, CAD/CAM, PLM, use of factors, chargebacks, and SIC/NAICS codes The supply chain management movement and the mass customization theory and their effects on the product development chain How bar codes, scanners, and RFID are integral parts of supply chain management
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Introduction
Product development is the teaming of market and trend research, with the merchandising, design, and technical processes that develop a final product
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Contractors
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Specializing by Product
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Industry Practices
Manufacturers Acting as Retailers
Licensing
Brand Extensions Private Label and Specification Buying Offshore Production Use of Factors Chargebacks SIC/NAICS Codes
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Mass Customization
Body Scanning
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Globalization
Globalization of the marketplace finding both foreign competitors and foreign customershas happened to a wide range of U.S. manufacturing products
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Trade Talk
computerintegrated manufacturing (CIM) corporate licensing electronic data interchange (EDI) factor floor ready graded group item house
collection
computer-aided design (CAD) computer-aided manufacturing (CAM)
line
line-for-line
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Trade Talk
quick response (QR) radio frequency identification (RFID) sample hand section work specification buying specification manager spreader supply chain management (SCM) universal product code (UPC)
outside shop
piece work private label product development product lifecycle management (PLM) product manager quality assurance (QA)
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