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!

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. Labor Procurement/Sourcing Retail Social Media Supply Chain Risk Management brand equity corporate responsibility extended supply chainsThere are as many ways to approach corporate social responsibility as there are companies.

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Modern Slavery in Today’s Supply Chains

Kinaxis

Through the supply chain. Modern slavery is one of the supply chain industry’s dirty little secrets, but thankfully, governments in the US and UK are attempting to wash it clean, working to put a stop to a problem that should never have been allowed to exist in the first place. It’s based on California’s Transparency in Supply Chains Act, which was passed in 2010. So how is this going to solve the supply chain slavery issue?

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.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. Supply Chain Next · 013 – Brian Aoaeh, CFA. It was during that process that I honed in on supply chain. Let’s talk about why supply chain, and why now.

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.

Supply Chain Peak Season Technology: Are Your Systems Updated & Ready?

Veridian Solutions

Supply chain peak season technology aids supply chain leaders in understanding their operations, unlocking insights, reviewing performance, and much more. Signs Your Systems Are Ill-Equipped for Supply Chain Peak Season. When supply chain systems lack efficiency, problems began to arise. Without data , supply chain leaders base all decisions on an assumption, significantly increasing risk for supply chain disruption.

Top 25 Supply Chains of 2018

Material Handling and Logistics

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. Debuting at # 24 is footwear and apparel company Adidas (arch-rival Nike has been a Top 25 mainstay for years). billion over the next five years to overhaul its supply chain.

The Secret to Successful Enterprise Strategy? Always Include Supply Chain Management

Supply Chain Opz

In this guest commentary, John McKeller , senior lecturer for the Wisconsin School of Business Grainger Center for Supply Chain Managemen t at the University of Wisconsin-Madison, explains four key considerations for successfully integrating a firm’s strategy with supply chain management. Before entering academia, McKeller held various supply chain managerial positions with subsidiaries of Ralston Purina, Eli Lilly and Company, and General Dynamics Corporation.

The Divergent Procurement World

Claritum

Claritum Article - Procurement Blog. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). The non-strategic products and services that need to be procured for individuals to carry out their job function. These domains, by their very nature, cause a divergence within Procurement.

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.

Supply Chain News on Procurement News Round Up for Aug. 8, 2017

Supply Chain Digest

Bangladesh Launches Program to Map Apparel Suppliers, Best Interview Questions for Procurement Hires, Jail Sentences for Principals in UK Horsemeat Scandal

A solution for the “New Normal”: Real Time Supply Chain thinking

NC State SCRC

But there’s nothing stable about the environment we operate in, as there is plenty of volatility and disruption to go around in the global supply chain. It’s time to start operating in “real-time” The real-time supply chain is based on two essential elements of technology: 1) The rapid digitization of the supply chain, and 2) the rise of real-time information enabled by technology.

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?”.

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

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.

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. Risk management became a big issue as supply is a key input into customer-facing production. Procurement Sustainability Supply Chain Strategy Sustainability

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.

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.”.

Do markets reward sustainable supply chains? The forces of social capital may change the rules…

Supply Chain View from the Field

It seems that companies who seek to identify problems and issues in their supply chain, and who intend to do the right thing, are not always rewarded by the markets for doing so. In the series of sustainable supply chain assessments we’ve completed this year, our student teams assessed the extent to which codes of conduct were measured, audited, and rewarded/penalized by companies seeking to drive improved sustainable performance down the supply chain.

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.)

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?”

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?

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.

Managing the Procurement of Promotional Goods and Services

Claritum

Claritum Article - Procurement Blog. This can result in products and services being purchased across the company with no consistency of supply or quality. Many of the product related suppliers are based in the Far East, so there is also a need to understand local pricing, laws, duties, testing and shipping to be fully informed of the potential impact to supply over time. Plus, with this approach to purchases there is no supply chain visibility.

Augmented Reality (AR) is Set to Transform Retail and the Supply Chain!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out The Digital Supply Chain (SC 4.0) The closure of a number of major American chains, as well as Amazon’s recent move into the grocery space with its acquisition of Whole Foods market, signal an industry in flux as it reckons with the ongoing transformations of the eCommerce revolution. The post Augmented Reality (AR) is Set to Transform Retail and the Supply Chain!

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.

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. With dynamic product lines (more than 8,000 styles of boots, shirts, jeans and more), the company requires flexibility in how it operates throughout the supply chain, and HighJump’s solution helps to improve order accuracy and efficiency from top to bottom.

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. Better supply chain capacity planning, supply and demand management, and improved collaborative forecasting is the real culprit.

Supply Chain by the Numbers for Week of March 24, 2016

Supply Chain Digest

American Apparel Enters the eFullfillment Wars, Legacy of Legendary Intel CEO Upon his Passing, Target Rethinks Supply Chain Software Development, and Logistics Model, CPOs Think Procurement Teams Lack Talent

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. Both move the supply chain design from inside-out to outside-in. Traditional supply chains respond, but they do not sense. These legacy processes amplify and distort market signals putting the supply chain on the “back foot.”

Course 191

Bangladesh Clothes Factory Fire

SCM Research

Let us view this tragedy from a supply chain perspective. Supply chains are typically customer-focused. Consumers who do not know a product’s supply chain? Human rights groups urge Western governments to press retailers and apparel brands to join the Bangladesh Fire and Building Safety Agreement. Practice Corporate Social Responsibility Globalization Procurement