Digital Transformation in Textile & Apparel: Leveraging Martech Strategies within Industry 4.0
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Abstract
The fashion sector is at the forefront of digital transformation, propelled by a change in consumer preferences that favours supra-functionality over mere economic functionality. This paper aims to highlight the significance of new age marketing strategies in the field textile & apparel sector. The increasing digitalization in fashion aligns with the emergence of digital fashion, which effectively addresses the swift changes in consumer demands. Cloud-based digital fashion platforms embody a comprehensive omnichannel strategy, uniting all participants & offering real-time insights into their operations.
The digitalization process presents both advantages & challenges for the sector, influencing its opportunities & potential obstacles. Strategies for digital transformation, encompassing Artificial Intelligence, cloud computing, blockchain, big data analytics, Internet of Things (IoT), Radio Frequency Identification (RFID), & 3D printing, enable the clothing industry to adopt the industry 4.0 paradigm. Considering that the fashion industry is the second largest contributor to environmental pollution, it is essential to adopt proactive strategies aimed at achieving business sustainability through the implementation of smart factories & digital apparel.