Price Benchmarking & Negotiation
Benchmarking
Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.”
The goal of fashion benchmarking is to identify areas of potential for in-house development. We at STS are able to identify and implement best practices by studying fashion companies that function very well. Significant advancements are achieved when these insights are integrated with our processes. When you choose STS Fashion, you’re embarking on a life-changing adventure where benchmarking sparks unprecedented advancements in the fashion industry.
Step-by-step Benchmarking
Benchmarking is a simple, but detailed, five-step process
