International Garments Limited (IGL) was part of a conglomerate having 1987 perturb of Â£1,400 million from three principal(prenominal) product groups, which were further divided up into 19 profit centers. IGL had over 50 separate rick sites in various parts of the United Kingdom, and a inconvenience oneself of Â£200 million per year. IGLs master(prenominal) activities were in manufacturing garments bottom(prenominal) deoxidise for trade under the brand names of heroic poem retailers. The headquarters of IGL were in Middleton, at the site of one of the main production units of its special Garments root. In common with the rest of the U.K. exemplar and garment industry, IGL faced problems of increasing competition from overseas suppliers, in particular relatively low-wage Newly Industrializing Countries like Hong Kong. IGLs especial(a) Garments Group was feeling these competitive pressures and searching for appropriate strategies. In early 1983, the Speci al Garments Group commissioned a film from a management consultancy group on the future of its iron garments business. The Consultants Report and Investment Proposals In August 1983, the management consultants came puke to the Special Garments chief executive with their reports on strategic opportunities for sale to the Special Garments Group.
Their analysis was that in the contract garment business, the nip hat opportunities for IGL lay in producing relatively superior volumes of fashionable, and soaring value-added, garments for major retail groups. This, combined with major capital investing, w ould change IGL to cope not only on price ! and caliber further also on other grounds, notably make haste of rejoinder to changes (buyer misjudgment) in the market in aspects such as disguise and design. Based on this analysis, a detailed investment project was drawn up by the Special Garments Group and submitted to the IGL advance in October 1983. The stated aims were to: (i) increase the proportion of high value-added deal; (ii) improve the speed of response to market...If you want to play a full essay, order it on our website: OrderCustomPaper.com
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