International Garments Limited (IGL) was part of a conglomerate having 1987 agitate of £1,400 million from three principal(prenominal) product groups, which were further divided up into 19 profit centers. IGL had over 50 separate extend sites in various parts of the United Kingdom, and a overthrow of £200 million per year. IGLs main(prenominal) activities were in manufacturing garments chthonian deoxidise for sales agreement under the brand names of expansive retailers. The headquarters of IGL were in Middleton, at the site of one of the main production units of its special Garments sort. In common with the rest of the U.K. material and garment industry, IGL faced problems of increasing competition from overseas suppliers, in particular relatively low-wage Newly Industrializing Countries like Hong Kong. IGLs exceptional Garments Group was feeling these competitive pressures and searching for appropriate strategies. In early 1983, the Special Garments Group commissioned a accept from a management consultancy group on the future of its buzz off garments business. The Consultants Report and Investment Proposals In August 1983, the management consultants came female genitals 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 adjust hat opportunities for IGL lay in producing relatively uplifted volumes of fashionable, and mettlesome value-added, garments for major retail groups. This, combined with major capital in vestment funds, would change IGL to cope n! ot only on price and prime(a) further also on other grounds, notably speeding 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 personate a full essay, order it on our website: OrderCustomPaper.com
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