Fashion Business Glossary
This glossary explains key terms used in the fashion industry, from operations to strategy.
SMEs (Small and Medium-sized Enterprises)
Businesses with a limited number of employees and revenue. In fashion, SMEs often operate with agile structures and focus on niche markets or specialized production.
Supply Chain
The entire process of producing and delivering a product, from raw materials sourcing to final distribution to customers.
Retail Operations
All activities involved in running a retail business, including store management, sales performance, staffing, and customer experience.
SAP
An enterprise resource planning (ERP) software widely used in fashion to manage inventory, logistics, finance, and operations.
Fashion Operations
The coordination of all processes required to bring a fashion product to market, including production, sourcing, logistics, and distribution.
Value Chain in Fashion business glossary
The full range of activities involved in creating a product, from design to production to final sale.