TJD International Holding Company (TJD) will perform an industry analysis on the apparel manufacturing industry. China is the largest exporter of this $480 billion market, while the EU, Japan and the United States are the main importers of clothing. These three importing nations account for 90% of all imported clothing. Demand is driven by consumer preferences and a combination of manufacturing costs in the United States and abroad. “The profitability of individual companies depends on efficient operations and the ability to obtain contracts with apparel retailers. Small businesses can compete effectively with large ones by specializing in a particular type of clothing production.” 1 US imports represent 90% of the US market. The largest suppliers to the United States are Bangladesh, China, Indonesia, Mexico and Vietnam. International companies do not report their data globally at the macro level, which does not allow competitors to evaluate sustainable progress. Therefore, TJD will analyze the strategic framework of the three major exporting countries and identify companies that have been successful. Factors such as political, cultural, economic and financial components will be evaluated to determine competitive advantage. Overall, the TJD analysis will provide insight into the key factors that attribute to the global competitive position of the top three companies in the industry. An assessment will include our global market position and goals for improving our operations. This will lead to a seven-year strategic vision to create a long-term competitive advantage to be recognized in the apparel manufacturing industry as a major emerging exporter. Question 1 Manufacturing is a $480 billion market. China is the largest exporter and the E...... center of paper...... The success of this lean approach depends on the implementation of physical changes in production processes, greater leadership capabilities and the development of an empowered workforce (nike). Our lean manufacturing process will seek to engage the minds of those closest to the work to solve the problems that prevent them from delivering quality products on time, every time. Workforce Development Training must be the most important element in the apparel manufacturing industry. Because our goal will be to employ millions of workers around the world over the next seven years, especially in low-income countries, it is important that workforce development and training programs are easily accessible to our staff . Our development program will consist of monitoring the factory's performance in terms of labour, health, safety and environment against industry standards.
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