Rising prices are one of the greatest business challenges for retail buying organizations. The challenge is to manage costs in a way that doesn't affect the consumer appeal of your product.
As we showed last week, value engineering your product is one cost management strategy we can use to do this.
By being creative with glove design, and using technical knowledge of the range of glove materials and available substitutes, we can often reduce costs in a way that doesn't affect product performance.
But many other costs are going up as well, so materials selection and value engineering your glove design is just one approach.
Here are 3 more sourcing strategies to use to manage rising glove costs.