{"id":28741,"date":"2023-02-23T14:01:30","date_gmt":"2023-02-23T14:01:30","guid":{"rendered":"https:\/\/www.kornit.com\/magazine\/?p=28741"},"modified":"2023-10-26T11:11:38","modified_gmt":"2023-10-26T11:11:38","slug":"dont-overdo-it-overproduction-in-textile-printing","status":"publish","type":"post","link":"https:\/\/www.kornit.com\/magazine\/dont-overdo-it-overproduction-in-textile-printing\/","title":{"rendered":"Don\u2019t Overdo It: Overproduction in Textile Printing"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Overproduction is retailers\u2019 worst nightmare. <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2022-11-10\/supply-chain-latest-inventory-waste-totals-163-billion-a-year\"><span style=\"font-weight: 400;\">Each year, retailers find themselves throwing away $163 billion worth of inventory.<\/span><\/a><span style=\"font-weight: 400;\"> The financial damage doesn\u2019t end there, as we add a long line of manufacturing costs, including utilities, work hours, storage, and more. Finally, in an attempt to sell these unwanted items, some retailers end up flooding the market with discounted clothes that cause the entire market to drop prices.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">What leads to overproduction, and how can retailers avoid it? The following reasons and solutions will answer all your burning questions.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Supply chain challenges: <\/b><span style=\"font-weight: 400;\">The past couple of years made it clearer than ever that supply chains can shift dramatically, causing businesses in nearly any field to face difficulties. In an attempt to overcome delays, retailers worldwide stocked up on orders and found themselves facing the opposite problem. Unsold items, also known as \u2018dead stock.\u2019\u00a0<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">A reliable supply chain and the ability to quickly adapt when change occurs are the holy grail in retail. Research shows that <\/span><a href=\"https:\/\/www.zippia.com\/advice\/supply-chain-statistics\/\"><span style=\"font-weight: 400;\">reducing supply chain costs from 9% to 4% has the power to double profits. <\/span><\/a><span style=\"font-weight: 400;\">That\u2019s why <\/span><a href=\"https:\/\/www.kornit.com\/for-brands\/global-fulfillment-network\/\"><span style=\"font-weight: 400;\">Kornit\u2019s global fulfillment network<\/span><\/a><span style=\"font-weight: 400;\"> was created. We offer clients exclusive access to a pool of vetted, reliable vendors in a variety of markets and verticals.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Shifting trends: <\/b><span style=\"font-weight: 400;\">Project Runway\u2019s Heidi Klum taught us that &#8220;In fashion, one day you&#8217;re in and the next you&#8217;re out.&#8221; For retailers, producing many items in order to capitalize on short-lived trends can be painful. Nowadays, trends shift much faster, causing overproduction issues to become awfully common.\u00a0<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Enabling both short runs and high-volume production is a critical part of the solution, which is why this capability was critical when developing Kornit\u2019s MAX technology. But even more important is the ability to print items on demand, after they are sold. This will eliminate dead stock and increase business certainty and profit.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Human error: <\/b><span style=\"font-weight: 400;\">Humans make mistakes. In fact, <\/span><a href=\"https:\/\/www.financialexecutives.org\/FEI-Daily\/August-2021\/The-Staggering-Business-Cost-of-Data-Errors.aspx\"><span style=\"font-weight: 400;\">studies find that we make an average of 118 errors per year in the workplace. <\/span><\/a><span style=\"font-weight: 400;\">Errors lead to overproduction for different reasons. An employee might incorrectly calculate the order size, fail to meet the client\u2019s exact specifications, or misuse the production tools. Also, some businesses overproduce items in advance to make up for any potential error that might cause delays.\u00a0<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Manual printing inevitably leads to more errors because procedures are more complex and labor-intensive. The transition to digital immediately prevents some of the most common errors, offering a sigh of relief for managers and employees alike.\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Production defects and inaccuracies: <\/b><span style=\"font-weight: 400;\">Sometimes, it\u2019s not humans\u2019 fault that things don\u2019t go as planned. Defects can be the cause of outdated technologies, poor color-matching capabilities, and more. An entire line might prove to be defective after it\u2019s produced, leading to delays and reputational damage. Some businesses take that into account and try to battle the issues using overproduction. This isn\u2019t the best strategy since overproduction has its own price tag.\u00a0<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Reliable technologies and partners give textile printing companies the best possible advantage: predictability. Being able to know how many items to produce, how many will be sold, and how they will turn out is worth its weight in gold. Give your business the gift of predictable production and leave surprises for other areas in life. To learn more about Kornit\u2019s line of reliable digital textile printing solutions, contact our representatives today. You can count on them to improve your business.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overproduction is retailers\u2019 worst nightmare. Each year, retailers find themselves throwing away $163 billion worth of inventory. The financial damage doesn\u2019t end there, as we add a long line of manufacturing costs, including utilities, work hours, storage, and more. Finally, in an attempt to sell these unwanted items, some retailers end up flooding the market [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":28742,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[6],"tags":[130,196],"class_list":["post-28741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-sustainability","tag-technology"],"acf":[],"modified_by":"Angora Media","_links":{"self":[{"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/posts\/28741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/comments?post=28741"}],"version-history":[{"count":1,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/posts\/28741\/revisions"}],"predecessor-version":[{"id":29280,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/posts\/28741\/revisions\/29280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/media\/28742"}],"wp:attachment":[{"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/media?parent=28741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/categories?post=28741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kornit.com\/magazine\/wp-json\/wp\/v2\/tags?post=28741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}