What is an Apparels Buying House?
A Buying House is an agency that works as intermediaries between the buyer and the manufacturer. Buying agents, indent agents or indenting agents are alternative terms for Buying House.
If you are interested in the apparel industry, you may have heard of the term “apparel/garments buying house” or “clothing buying house“.
An apparel buying house is a company that acts as a mediator between apparel buyers (retailers) and garment manufacturers (export houses, garment suppliers). Apparel buyers are the ones who want to purchase clothing products for their stores or brands. Garment manufacturers are the ones who produce clothing products according to the buyers’ specifications and requirements. An apparel buying house helps both parties to communicate and coordinate effectively and efficiently.
An apparel buying house provides various services to its clients, such as:
- Product development and sampling: An apparel buying house helps the buyers to develop new products and designs based on the latest trends and market demands. It also arranges samples for the buyers to check the quality, fit, style, and appearance of the products before placing orders.
- Finding good suppliers: An apparel buying house has a network of reliable and reputable garment manufacturers that can meet the buyers’ standards and expectations. It also negotiates the best prices, terms, and conditions with the suppliers on behalf of the buyers.
- Order processing: An apparel buying house monitors and follows up the order processing from the beginning to the end. It ensures that the orders are completed on time, within budget, and according to the specifications. It also handles any issues or problems that may arise during the production process.
- Quality assurance: An apparel buying house ensures that the products meet the quality standards and requirements of the buyers. It conducts inspections at various stages of production, such as pre-production, in-line, final, and pre-shipment. It also checks the compliance of the suppliers with social and environmental norms and regulations.
- Shipping and logistics: An apparel buying house arranges and coordinates the shipping and delivery of the products from the suppliers to the buyers. It also prepares and submits all the necessary documents and paperwork for customs clearance and payment.
An apparel buying house can be either a buyer’s regional office or an independent company that works with multiple buyers. For example, H&M has its own regional buying office in some sourcing countries. On the other hand, Edenscraft is a buying house, that has many years of experienced members who have worked with many buyers, brands and retailers.
An apparel buying house plays an important role in the apparel supply chain by bridging the gap between buyers and suppliers. It helps both parties to achieve their goals and objectives in a competitive and dynamic market.
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