PAST PROJECT HIGHLIGHTS
FACTORY X GROUP - Gorman, Alannah Hill, Jack London, Dangerfield, Revival, Princess Highway, L’urv, Autonomy
PROJECTS
PRICE NEGOTIATION
Re-negotiated prices on confirmed PO’s to improve margin by 2.5%
20 mil OTB
2.5% margin = 500k saving (one season)
GENERAL EXPENSES REVIEW
Reviewed company expenses and re-negotiated with key suppliers / contractors saving the company approx. $300k in the 1st year
SUPPLY CHAIN REVIEW
Reviewed Supplier by Category & introduced new Suppliers to fill the gaps
OTB plan based on Supplier performance
Re-negotiated commercial terms with Suppliers
Created new Supplier Agreements
DESIGN / PRODUCTION
Improved timeline management & communication to ensure seamless workflow between Design & Production teams across the business
FREIGHT / SHIPPING / LOGISTICS
Re-negotiated rates with Courier companies / 20% saving
Re-negotiated rates / terms with Freight Forwarders / 8% saving
Reduced AIR freight by 70%
Consolidation of SEA freight
Direct to Store shipments from China saving time & cost
CONCESSION BUSINESS
David Jones - Alannah Hill / Jack London
Myer - Dangerfield / Princess Highway
Negotiate commercial terms with concession managers at DJ’s / MYER
Grow performing stores, Close non-performing stores to meet business objectives
MAXIMUM AGENCIES – Asilio, Immoni, Mahhon, AKA
PROJECTS
SUPPLIER REVIEW
Reviewed Supplier base and introduced new Suppliers to the business – Knitwear, Woven, Knit, Denim
PRODUCT DEVELOPMENT OPPORTUNITIES
Sourcing of products to price point to realise sales opportunities in the Domestic & International Markets
STOCK CONSOLIDATION / FREIGHT FORWARDING
Introduced new Freight Forwarder
Renegotiated terms with existing Freight Forwarder
Set up stock consolidation across all Suppliers
Set up 3PL logistics in HK to service Australia & International customers
CRITICAL PATH & TIMELINE MANAGEMENT
Reengineered the CP
Improve timeline management reducing AIR freight delivering significant cost saving to the business
BUSINESS COSTS REVIEW
Review of running costs of the business and set up budgets
Implement cost reduction plan to improve profitability
REVIEW OF CONTRACTS WITH MAJOR RETAILERS & INTERNATIONAL DISTRIBUTORS
Review of Commercial contracts to ensure best outcomes for the business
SUPPLIER AGREEMENTS
Set up Supplier agreements re-negotiating commercial terms including; favourable trading terms, efficiencies in freight forwarding, penalty clauses, IP security etc…
GDW GROUP – Ziggy Denim, 2 Blocks South, Neon Blonde, Private Label
BUSINESS REVIEW AND RESTRUCTURE
SALES
Full review & restructure of;
Wholesale Brand Sales
Wholesale Private Label
International Distributers
EXPENSES
Reduced overhead expenses;
Closed stores
Ceased working with 2 non-performing distributors in USA
Re-negotiated all commercial terms across the business
MARKETING
Invested in this area appointing new marketing manager to focus on Social & collaborate with Major retail partners
Targeted approach to marketing grew Database; FB, Insta & improved Brand profile
STAFF RESTRUCTURE
Retrenched staff & employed new staff with better skill base, reducing staff costs and improved productivity
PRODUCT REVIEW
Product Category Review to determine opportunities
Reviewed Brand profile, sales, margin, price architecture against cost of business.
Focussed on growing private label and core denim business (Ziggy)
SUPPLY CHAIN
Analysis of Supplier performance – quality, delivery, price
Re-negotiated commercial terms with all Suppliers
Introduced new Suppliers
Set up Supplier Agreements
BUDGETING
Strict management of all budgeting - Sales, OTB, General overheads in challenging environment
Achievements: Achieved Sales Growth 20%, reduced expenses 60%, improved bottom line profit 600k in 1st year.
DOUGAL by ARABELLA RAMSAY
PROJECTS
SOURCING
Improve sourcing of Fabric including digital printing, embroidery suitable for Dougal products
PRODUCTION
Review Suppliers and introduce new Suppliers who could manage small production units.
PRICE NEGOTIATION
Negotiating with factory to meet margin requirements
SALES
Set Sales targets and strategy to achieve them via on-line, wholesale, pop-up shops
BUSINESS MENTORING
Run weekly meetings to make sure business runs smoothly
Planning & Budget review
Problem solving