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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.

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

In Asia, Vietnam and Bangladesh are more important sourcing locations. The supply plan will include the procurement plan for their raw material supplies (Tier 2) needed for their finished goods suppliers (Tier 1). There will be one view of inventory across the entire distributed network.”. We will manage by exception only.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. For many years large enterprises have taken it for granted that trade barriers are low and the name of the game was to achieve competitive advantage, for example by offshoring production, building not buying, saving on inventory with just-in-time production, and sourcing from low-cost countries.

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. Because one of the major costs in a business, if you take in procurement and cost of goods, is supply chain. That’s been a massive trend.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Morgan indicated in part: “ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. New export orders were noted as rising at the fastest rate in nearly two years.

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Still Don’t Know How Many Slaves Are In Your Supply Chain?

Talking Logistics

I asked that question almost three years ago following the collapse of a garment factory in Bangladesh that killed more than 1,100 workers and injured thousands of others. Based on recent reports, it appears that, three years later, the answer to that question remains the same: We don’t know.