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What is the True Cost of Sustainable Apparel from Bangladesh? Insights from Harvard “Sustainable Models for the Apparel Industry” Conference

NC State SCRC

Rejaul is from Bangladesh, and is working on his PhD in the College of Textiles at NC State University, and is passionate on the subject of sustainable apparel from his home country. Are big name brands really paying a fair price to a supplier in Bangladesh? This week’s blog is a guest blog from a PhD Student, MD Rejaul Hasan.

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Implications from the Rana Plaza Disaster (Guest Post by Brian Jacobs and Vinod Singhal)

SCM Research

Rana Plaza, an eight-story building in Bangladesh that housed garment factories employing approximately 5000 workers, collapsed on April 24, 2013. To examine this assumption, we studied the stock market reaction to 39 global apparel retailers with significant sourcing in Bangladesh.

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What You Can’t See Can Hurt You – Is Your Supply Chain Really Transparent?

Logility

A recent study showed they are willing to pay 2% to 10% more for products from companies that provide it. Incidents like the Rana Plaza factory collapse in Bangladesh have led to new laws, but laws are not always followed which makes it incumbent upon your business to ensure your supply chain is ethical. The stakes are high.

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Supply Chain 2015

SCM Research

The report also contains an analysis of three selected sectors (retail, construction and pharmaceutical) and additional case studies, including a case study on the 2013 Rana Plaza tragedy in Bangladesh. More information can be found on the homepage of Raconteur’s Supply Chain 2015 report.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. A 2021 Deloitte study documented how 43% of UK consumers selected brands based on environmentally sustainable values. The same study indicated that 34% stopped buying brands with ethics concerns.

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The Food Supply Chain and the War in Ukraine

Enterra Insights

As a result of the war, Bior reports, “Egypt’s prime minister fixed bread prices, Bangladesh launched a nationwide food subsidy program, and consumers in Indonesia noticed a favorite instant noodle dish went out of stock. In places like Lebanon, where 80% of its wheat comes from Ukraine, the impact of the war will be brutal.

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Audit Safe?

Supply Chain Shaman

Just two months later, more than 100 people died in a garment fire in Bangladesh in November 2012. In a recent study , completed by Supply Chain Insights in cooperation with GreenBiz Group, we see that sustainability leaders and supply chain teams are not aligned on the effectiveness of supplier audits.