Fast Fashion Systems Theories and Applications

Fast fashion is an industrial trend that refers to the concept of shortening lead time (production, distribution) and offering new products to the market as fast as possible. Despite an abundance of research results, there is no comprehensive reference source that covers the state-of-the-art findings on both theoretical modeling and empirical research on fast fashion systems. This edited volume consists of three sections - review and exploratory studies, analytical models, and empirical research – made up of many interesting contributions in the respective domain. The result is a well-balanced handbook which includes both theoretical results (from various perspectives) and empirical findings. This volume will be of interest not only to those involved in the fashion industry, but also to academics and practitioners in the wider fields of business, manufacturing engineering, systems engineering and supply chain management.

PART IIntroduction, review and exploratory discussions 1 Fast fashion systems – An introduction Tsan-Ming Choi 2 The slow fashion process: Rethinking strategy for fast fashion retailers Arlesa Shephard & Sanjukta Pookulangara2.1 Fast fashion changes the supply chain 2.2 Concerns about the sustainability of fast fashion 2.3 The evolution of slow fashion 2.4 The slow fashion process 2.5 Slow fashion concepts for fast fashion retailers 2.5.1 H&M sustainability initiatives 2.5.2 Challenges of merging slow and fast fashion 2.6 Recommendations for future study 3 Examining global retailing’s innovators: An overview of fast fashion supply chain research Lorynn R. Divita & Jeong-Ju Yoo3.1 Introduction and background 3.2 Impact on the industry and consumers 3.3 Fast fashion supply chain literature 3.3.1 Qualitative analysis and case studies 3.3.2 Supply chain strategies and analytical models 3.4 Conclusion 4 Fast fashion retailing: RFID deployment for enhancing customer value proposition Pankaj M. Madhani4.1 Introduction 4.2 RFID technology: Key concepts4.3 Literature review 4.4 Fast fashion: A retail marketing perspective 4.5 Fast fashion retailing: RFID deployment 4.6 Research methodology 4.6.1 A-1) Development of a business value added framework 4.6.2 A-2) Development of a financial matrix for measuring ROI and EVA 4.6.3 B) Development of various propositions 4.7 Discussions and implications 4.7.1 RFID deployment at American Apparel: A rewarding experience 4.8 Limitations 4.9 Conclusions PART IIAnalytical modelling research on fast fashion systems 5 Flexible procurement models for fast fashion retailers Dogan A. Serel5.1 Introduction 5.2 The basic model 5.2.1 Methods to compute the expected profit EP1(Q1) 5.3 Extensions of the basic model 5.3.1 Random purchase cost at time 2 5.3.2 Order cancellation option 5.3.3 Budget constraint 5.3.4 Multiple products 5.3.5 Price-dependent demand5.3.6 Postponement of orders for components of a product 5.3.7 Ordering policy in the presence of carbon footprint tax 5.4 Conclusion 6 Coordination of a fast fashion supply chain with profit-loss sharing contract Ke Wang, Qinglong Gou, Ling Yang & Siqing Shan6.1 Introduction 6.2 Literature review 6.3 Assumptions and notation 6.4 The model 6.4.1 Baseline case: Coordination via RSC without FB 6.4.2 The coordination with FB 6.5 Comparing the PLSC with the RSC6.6 Numerical analysis 6.7 Conclusions PART IIIEmpirical research on fast fashion systems 7 Investigating on-shelf availability in the UK retail clothing sector John Fernie & David B. Grant7.1 Introduction7.2 Research into on-shelf availability and out-of-stocks 7.3 Strategies for improving availability and reducing out-of-stocks 7.4 Availability and out-of-stocks in clothing and fashion retailing 7.5 Methodology 7.6 Findings 7.6.1 The ‘back to school campaign’ research study 7.6.2 The jeans research study 7.6.3 Interviews as the final phase of the two studies 7.7 Discussion and conclusions 8 A cross regional analysis on fashion quick response programs Tsan-Ming Choi, Pui-Sze Chow, Shuk-Ching Liu & Yeuk-Ting To8.1 Introduction 8.2 Literature review and research contribution 8.2.1 Origin of QR 8.2.2 Benefits of QR adoption 8.2.3 Implementation of QR 8.2.4 Channel relationship in QR 8.2.5 Research contribution 8.3 Methodology 8.4 Findings and discussions 8.4.1 Within-region analysis 8.4.2 Cross regional analysis 8.4.3 Verifications of theories 8.5 Conclusion, recommendations and future research 9 Service quality strategy for fast fashion: An empirical study in Hong Kong Tsan-Ming Choi, Shuk-Ching Liu, Tracy Kwai-Chi Tsang & Jinhui Zheng9.1 Introduction 9.2 Literature review 9.2.1 Fast fashion retailers 9.2.2 Customer service quality 9.2.3 Customer expectation 9.2.4 Customer perceptions and customer satisfaction 9.2.5 Measure of service quality: SERVQUAL 9.3 Method9.3.1 Interview 9.3.2 Focus group discussion 9.3.3 Survey 9.4 Findings 9.4.1 Findings of interview 9.4.2 Findings of focus group discussion 9.4.3 Findings of survey 9.5 Conclusion and research limitations Subject index

Dr. Tsan-Ming Choi (Jason) is currently an Associate Professor in Fashion Business at The Hong Kong Polytechnic University. Over the past few years, he has actively participated in a variety of research projects on supply chain management and applied optimization. He has authored/edited ten books and guest-edited twelve special issues for various leading journals on related topics. He has published over 100 papers in peer-refereed academic journals such as Annals of Operations Research, Automatica, Computers and Operations Research, Decision Support Systems, European Journal of Operational Research, IEEE Transactions on Automatic Control, IEEE Transactions on Automation Science and Engineering, IEEE Transactions on Industrial Informatics, IEEE Transactions on Systems, Man, and Cybernetics (Parts A, B, C; Systems), International Journal of Production Economics, International Journal of Production Research, Journal of the Operational Research Society, Omega, Production and Operations Management, Service Science (INFORMS Journal), Supply Chain Management, Textile Research Journal, Tourism Management, Transportation Research, etc. He is currently an area editor/associate editor/guest editor of Annals of Operations Research, Asia-Pacific Journal of Operational Research, Decision Sciences, Decision Support Systems, European Management Journal, IEEE Transactions on Systems, Man, and Cybernetics - Systems, Information Sciences, Journal of Fashion Marketing and Management, Journal of the Operational Research Society, Production and Operations Management, and various other operations management and information systems journals. He is also an executive committee member of professional organizations such as IEEE-SMC (HK) and POMS (HK). He received the President's Award for Excellent Achievement of The Hong Kong Polytechnic University in November, 2008 (the most prestigious award for a faculty member at the university level). He is a member of various internationally renowned professional organizations such as IEEE, INFORMS, ITAA, and POMS.