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Process-based companies continue to focus on manufacturing efficiency (OEE) and discrete on procurement (PPV) without designing the supply chain to balance transportation, manufacturing, and procurement to a balanced scorecard. Aggregate Industry Trend Apparel Industry Groupthink In short, the industry struggles with Groupthink.
Emergency tariffs have raised the landed cost of essential imports in medtech, forcing procurement teams to seek alternative (and often less validated) suppliers, which is a regulatory risk. Kourosh Samini, Director, Industry Principal Retail & apparel: How will legal tariff uncertainty affect seasonality and promotions?
Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.
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This heightened awareness places a significant responsibility on procurement professionals to ensure that their supply chains align with ethical and environmental standards. Implementing Ethical Sourcing in Procurement 1 Set Clear Goals: Define specific, measurable, achievable, relevant, and time-bound (SMART) ethical sourcing goals.
Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains. AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data. Retailers are following suit.
For a big wave of work associated with an order, there might be 500 items, both shoes and apparel, that needed to fit in the tote. Better inventory accuracy also improves procurement. But for the new process, it was critical. Fleet Feet has over 200 brands and over 10,000 of stock keeping units. What about the other 300?
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Under the category of finished goods, the first industry to be affected is textiles and apparel, with the DPP requirement to be adopted in 2027. In the EU, “a heck of a lot” of new fashion apparel goes straight to landfill at the end of its life, he says.
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RELATED CONTENT RELATED VIDEOS Artificial Intelligence Supply Chain Planning & Optimization Regulation & Compliance Sourcing/Procurement/SRM Industrial Manufacturing Related Articles When Fines Fail, How Can Companies Be Made to Pay for Deforestation? NEXT: More on AI and 3D printing in manufacturing.
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The AI-Powered Solution: Supply Chain Decision Intelligence from ThroughPut ThroughPuts AI in fashion retail software analyzed 840,000+ rows of delivery data across 280,000 SKUs, mapping SKU value vs. demand and optimizing operations from procurement to retail.
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The ongoing fluctuations in trade relations, including tariffs on goods such as electric vehicle batteries, semiconductors and apparel, are creating a moving target for businesses to hit. These unpredictable changes make it increasingly difficult for suppliers to forecast costs, manage cash flow and ultimately ensure timely payments.
Webinars Watch: An Alternative to Traditional Battery-Making Technology for EVs Sourcing/Procurement/SRM Watch: Getting Ahead of Customs Compliance Violations Regulation & Compliance Five Ways AI-Enabled Digital Twins Will Shape the Future of Supply Chains Technology Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
These technologies work together to deliver a unified, digital-first approach to managing medication flow — from procurement to administration. Smart cabinets, pharmacy automation stations and medication workstations integrated with RFID data further enhance safety, speed and auditability.
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They’ve built a footwear and apparel brand that is timeless, stylish, versatile, and highly functional. The apparel and footwear company decided that being an industry-leading brand required industry-leading enterprise planning and execution capabilities across all of its major markets.
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Additionally, order accuracy improved by 15% as automated data capture minimized manual entry errors, ensuring that procurement and fulfillment processes were more precise and responsive. Examples include the semiconductor industry, fashion apparel, and food and beverage, as demonstrated during the COVID-19 pandemic.
RELATED CONTENT RELATED VIDEOS Global Trade & Economics Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt Supply Chains in Crisis Chemicals & Energy Related Articles China’s Electricity Crunch Is World’s Latest Supply Chain Threat Canada’s Shrinking St. farmers, don’t expect a reversion down in pricing,” Taylor said.
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From apparel to automotive to solar, enforcement of UFLPA touches virtually every industry. Understanding where the UFLPA is headed—and how to stay ahead—is increasingly relevant for compliance, procurement, and supply chain teams. regulatory and trade strategy. regulatory and trade strategy. billion— due to UFLPA risk.
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The same source indicated that the electronics, automotive, aerospace, apparel, footwear, and textiles industries were the most significantly impacted by UFPLA enforcement. The top three shipper industries are: 1) Textiles, Apparel, and Luxury Goods; 2) Electronic Equipment, Instruments, and Components; and 3) Metals and Mining.
Inventory is not merely a static concept; it is dynamic and directly impacts multiple business processes, from procurement and production to sales and customer service. Examples: Branded apparel at retail stores. Improve cash flow and operational efficiency. Respond quickly to market fluctuations or disruptions.
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In areas such as apparel, commodities and other products, Latin America countries have garnered added supply contracts. We have observed and industry media continues to reinforce that manufacturers and retailers have already initiated China Plus sourcing resiliency strategies that include other regions.
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Having a clear and current view of inventory becomes the foundation for intelligent procurement, better vendor negotiations and smart reallocation of inventory across nodes. Inventory is capital sitting on the floor. If it’s miscounted, mislocated, or miscategorized, it’s dead capital — and worse, it leads to bad decisions downstream.
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Low-margin products that companies dont make a lot of money from- like toys, apparel, holiday items and home goods- could see shortages and price hikes sooner than others. In a section subtitled The bullwhip effect, Bob predicts that if the shortages start, further price hikes would be close behind.
Bowman, SupplyChainBrain There’s always been procurement in supply chains — but today’s CPO is a whole different animal. Procurement sits at the center of every global supply chain, for acquisition of raw materials, components, assembly, finished goods, transportation and a range of other business functions.
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