UK fashion lead times halved since start of COVID
UK footwear retailers have seen delivery times slashed since the 2020 crisis.
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UK companies trading in the fashion business have reduced their delivery lead times by 50 per cent over the last two years, according to new research into supply chains conducted by inventory management specialist Unleashed. Over 2,500 businesses across 25 different sub-sectors were analysed to understand which experienced the most severe shortages during the pandemic and which thereafter recovered the fastest.
Considering the length of time between an order being placed to replenish products and when the goods were received in the warehouse, the delivery time for the participating footwear, clothing and accessories retailers in the United Kingdom has reportedly decreased by 49.86 per cent since March 2020. Only four other sub-sectors fared better: food (which saw lead times cut by 56.14 per cent), electronics and telecommunications (54.9 per cent), health, medical supplies and equipment (53.71 per cent), and office equipment and supplies (51.73 per cent).
This article was originally published on page 4 of the July/August 2022 issue of SATRA Bulletin.
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