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Improving the Lives of Apparel Workers by Creating an Ethical Apparel Index

NC State SCRC

million) from the Templeton World Charity Fund, that will be used to develop an Ethical Apparel Index and launch a new initiative under the SCRC umbrellas. Unethical working conditions among apparel supply chains present substantial challenges for brands’ pursuit of corporate social responsibility (CSR) and generate systemic dysfunction.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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A New Decade: Give Science A Chance

Supply Chain Shaman

Starting with apparel, let’s compare the two top performers –Nike and VF Corporation. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. Use data and new metrics systems to free the organization from the ball and chain of corporate politics.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

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Let the Qs Begin

Supply Chain Shaman

The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. Bernstein & Co., ” Yes, I said. Supply Chain Design.

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Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Apparel is actually moving backwards. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. We enjoy writing them!

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Water is as Important to Some Industries as Electricity

Enterra Insights

.” According to The Economist , “Water shortages, combined with reputational damage and regulatory overreach, could affect many hydro-dependent industries, from food production, mining and power generation to apparel and electronics. Stimulate private investment through blended financial solutions.”