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Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

NC State SCRC

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. But in Bangladesh, 90% of the jobs come from the apparel sector where workers rely on daily wages and now their lives have stopped!

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

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Maintaining Brand Equity in Extended Supply Chains

Logistics Viewpoints

For large apparel and retail companies, the treatment of labor in sweat shops in third world countries presents a critical set of issues. This article discusses new crowd sourcing apps that could allow brand owners a tool to better protect their reputation. Labor Procurement/Sourcing Retail Social Media Supply Chain Risk Management brand equity corporate responsibility extended supply chains

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

Alexander Wheeler, Target’s Senior Director, Food Supply Chain reinforced that garments and footwear are way down on the year. What we’ve seen is a huge deterioration in the apparel sectors. says Harshad Kavinde, Strategy and Supply Chain Leader, Slalom Consulting. Are there any disruptions in the sub tier supply chain and how will that affect me? Are there any disruptions in the sub tier supply chain and how will that affect me?”.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

7 Rules of Fashion Supply Chain Management

Supply Chain Opz

Fashion industry is one of the most primitive form of supply chain management and its practices have been extended, adopted and become the best practices that we use today. In 1984, US Apparel Industry created the task force called " Crafted With Pride in the U.S.A. One year later "Kurt Salmon Associates" was assigned to investigate the whole apparel supply chain.

2020 Requires Big Wings and Feet

Supply Chain Shaman

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence. They are attempting to learn the supply chain; but to most, it is an enigma. The supply chain is a complex non-linear system.

Managing supply chains in a fragile environment

Supply Chain View from the Field

A major provider of apparel is seeking to bypass 3PL in the hopes of taking out costs, but are in fact being bypassed themselves by the retailer. For supply chain executives, there is a need to recognize that this may indeed be the new normal. The goal for executives in this environment may indeed be just to preserve revenue through assurance of supply, and managing complex cost reduction.

Sourcing promotional products the right way

Claritum

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. So what is the right way for companies to source promotional goods effectively in order to maximise the considerable benefits promotional products offer? Source: PPAI Sales Volume Study Summary.

Why a Cashmere Sweater Can Cost $2,000 — or $30

Supply Chain Brain

Quality & Metrics SC Analysis & Consulting Global Supply Chain Management Apparel Retail All Technology Sourcing/Procurement/SRM Home Page Latest News Home Page Slider Featured ContentMade from the softest wool produced by certain breeds of goats, such as the Zalaa Ginst white goat and Tibetan Plateau goat, cashmere was once reserved for the wealthiest fashionistas. Napoleon Bonaparte’s wife helped popularize the fabric.)

The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt?

Supply Chain Game Changer

Brands labeled with Green Supply Chains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking. For this very reason, companies globally are frantically climbing to the tallest of buildings to shout out their dedication to supply chain sustainability, and describe the sustainable actions that will follow ‘according to their 2020 initiatives’. The Branded Supply Chain. Green Supply Chain Branding done right.

Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Supply chains are multi-tiered and therefore difficult to manage. The “fast fashion trend”, which means that collections are distributed in shorter, and shorter periods of time, has transformed the procurement function.

Italy 40

The business case for extending sustainability in the supply chain: The Burt’s Bees Story

Supply Chain View from the Field

Jenny Sebley, former supplier sustainability manager at Burt’s Bees, spoke in my sustainable supply chain class today. Sustainable supply chains was a key issue at Burt’s Bees, and continues to play an important role. The first focus was on reducing waste and leaning the supply chain. The brand was also key – Burt’s Bees needed to ensure it was sourcing raw materials using sustainability materials and labor rights.

So Your Supply Chain is Banning Bangladesh….and Going to Cambodia?: “The Ugliest Race to the Bottom”

Supply Chain View from the Field

In our ongoing discussion of labor and human rights violations in the supply chain, we’ve discussed in prior posts the problems that occurred in Bangladesh resulting in over 700 dead. Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. This is nothing short of slave labor, and apparel companies are going to have to come together as a group and drive community-based changes.

Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 2

Enterra Insights

In order for that to happen, both supply chains and consumer habits must significantly change. Steven Steutermann, managing vice president in the Gartner supply chain practice, states, “To turn around a supply chain system, 10 years is not a long time. What this means to these managers is that they need to prepare for the transformation from a linear to a circular supply chain.”[2]. ” The Green Supply Chain , 31 July 2012

Seasoned Leadership in Action™ – An Interview with Danny Wang, VP at Canada Goose!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Hey Procurement! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement. leadershipadvice #canadagoose #procurement.

How Europe is Coping with Supply Chain Disruption

Jaggaer

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. Coronavirus will lead to permanent changes in global supply chains.”.

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies. Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. How could the supply chain become demand-driven?

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies. Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. How could the supply chain become demand-driven?

Managing the Procurement of Promotional Goods and Services

Claritum

Claritum Article - Procurement Blog. Problems with current sourcing methodologies. Sourcing the right way for Promotional goods and services. However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in products and services being purchased across the company with no consistency of supply or quality. Source: PPAI Research. Source: PPAI Research. Contents. Introduction.

Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing.

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

Demonstrators are protesting apparel offices (such as Gap’s offices in San Francisco) to demand better working conditions in Bangladesh factories. This is a difficult set of decisions for apparel companies. Some, like Disney and Nike, have announced that they simply won’t buy any apparel produced in Bangladesh. A big order was due for Benneton and Loblaws, who like other retail apparel manufacturers, worship the deity of perfect order fulfillment.

Taking the Hill

Supply Chain Shaman

We believe that supply chain excellence helps a company to better balance demand and supply. We also believe that it helps companies to be more resilient: weathering demand and supply volatility while maximizing opportunities and mitigating risks. We believe that supply chain excellence matters and is important to improving financial market performance. What does the future of supply chain excellence look like?”

4 Best-in-Class Supply Chains To Watch and Learn From

Logistics Bureau

While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. What I mean by this is that there’s no harm in observing companies with best-in-class supply chains , noting the processes, practices, and initiatives that serve them best and adopting them in a way that fits your own enterprise.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. Dick’s Sporting Goods @DICKS In today’s supply chain, speed is king.

Bangladesh Working Conditions: A Human Rights Issue? Or a Supplier Capacity Issue?

Supply Chain View from the Field

A recent discussion with supply chain executives in the apparel industry reveal that the problem is a tricky one to solve – and may be a function of other decisions being made by apparel manufacturers that have nothing to do with labor human rights in the supply chain. This is not only an industry standard, but is now considered an essential element of low cost country sourcing, thanks to the pressure on retailers.

Let the Qs Begin

Supply Chain Shaman

Last week was the Supply Chain Insights Global Summit. 110 supply chain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge Supply Chain Excellence. This report, Supply Chains to Admire , compares the progress of 200 companies within their respective peer groups on both performance and improvement. Supply Chain Design.

Analyzing Product Costs: A Question of ‘What If’

Supply Chain Brain

Take the relatively simple task of determining the true cost of a piece of apparel or other manufactured retail item. In addition to obvious elements such as the price of materials and labor, the correct decision must take into account such factors as weather, tariffs and border taxes, political and economic instability in source countries, and the impact of travel restrictions and visa charges on global talent.

The drive for a New Wave of Easy-to-use Procurement Products

Claritum

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. Procurement of relatively low cost, unpredictable products and services is still highly manual, inefficient, and error prone.

Bristlecone Flash – May 2020

Bristlecone

Bristlecone has introduced several new fixed-price, fixed-scope offerings for SAP products across supply chain planning, procurement and execution. SAP ARIBA: Bristlecone Industry-Specific Tactical Sourcing (BITS) – Introduces industry best practices into tactical sourcing, accelerates SAP Ariba Guided Buying deployment and adoption, and enhances user experience. EXECUTIVE INSIGHT: CREATING A RESILIENT SUPPLY CHAIN. “I SUPPLY CHAIN WAR ROOM.

What I Have Learned Teaching Courses on Market-Driven Value Networks

Supply Chain Shaman

One of the favorite parts of my job is teaching classes on how to take supply chain concepts to the next level to improve corporate performance. I love helping people to see supply chain concepts differently. It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. Both move the supply chain design from inside-out to outside-in.

Course 191

Don’t Underestimate the Importance of Scope 3 Targets

EHS Sustainability Knowledge at Work

According to the CDP’s latest Supply Chain report , the emissions located in the supply chain are on average four times as high as those from direct operations. Scope 3 emissions – that is, indirect upstream and downstream emissions that occur in the value chain – are increasingly important in being tracked and monitored. But there are opportunities to be had by reducing supply chain-based emissions.

Supply Chain Management:The Learning from the 2012 Holiday.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. About Us.

Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

Rob Handfield has over 30 years of experience in supply chain as an educator, researcher, consultant, and author. He is the Bank of America Distinguished Professor of Operations and Supply Chain Management at NC State University, and is a prolific author of articles and books, most recently The LIVING Supply Chain (co-authored with Tom Linton). Supply Chain Next · 010 – Rob Handfield. Basically, Flex runs supply chains.

What will it take for your company to establish a Sustainable Procurement Policy?

EcoVadis

which effectively persuaded the largest toy company in the world to promise to establish a sustainable procurement policy. The campaign leveraged the face of Barbie, perhaps one of the most recognized dolls across the globe, to tell the story in 18 languages of how the Barbie packaging is sourced from suppliers which contribute to deforestation. Last week Greenpeace launched a global campaign against Mattel Inc.