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Global sourcing needs more than supply chain audits

Posted by Peter Needle

26-Jan-2016 11:40:35

how-production-tracking-systems-can-benefit-the-garment-supply-chain.jpgFor many businesses, the decision on whether to implement supply chain audits is made simply in terms of financial risk. How much will a delay at one factory cost? How likely is it that orders will go unfulfilled? Are suppliers financially sound?

These are serious questions for any company but they don’t represent the whole picture. In addition, brands must consider the reputational threat involved. What happens if the quality of goods produced falls below an expected standard? Or worse still, if a supplier is exposed for improper working practices or modern slavery?

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Topics: global sourcing, supply chain management

Why the world still needs supply chain risk management

Posted by Peter Needle

08-Dec-2015 10:02:00

Despite manyWhy the world still needs supply chain risk management recent advances, it’s fair to assume that there will always be some degree of supply chain risk in global sourcing models. As the political, economic and environmental climate continues to change around the world, experts predict that the ability to innovate will be essential for any business with global operations. 

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Topics: supply chain management

How are department stores improving the garment supply chain process?

Posted by Peter Needle

06-Aug-2015 09:00:00

TheHow are department stores improving the garment supply chain process? final steps of the supply chain journey, from the production line into the hands of paying customers, is coming under increasing focus in fashion retail.

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Topics: supply chain transparency, supply chain management

Supply chain risk management for fast fashion

Posted by Peter Needle

20-Jul-2015 09:00:00

When itSupply chain risk management for fast fashion comes to the fast fashion industry, the level of supply chain risk can be monumentally high. What’s more alarming is that some brands and retailers still rely on teams of employees to ring individual suppliers around the globe to chase complex production processes and find out where orders are in. Sometimes it seems staggering that any garments actually make it onto a shop floor!

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Topics: supply chain management

Why garment retailers struggle with seasonal supply chain management

Posted by Peter Needle

10-Jul-2015 09:00:00

David Why garment retailers struggle with seasonal supply chain managementMcCorquodale, head of retail at KPMG, once referred to Christmas as “a true bellwether of consumer confidence". The autumn and winter trading period can be incredibly lucrative for garment retailers as seasonal shoppers search for new party outfits and Christmas gifts, and a flexible supply chain strategy can act as a big competitive differentiator.

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Topics: supply chain management

Solving the supply chain compliance problem

Posted by Peter Needle

10-Jun-2015 09:00:00

Compliance Solving the supply chain compliance problemcan refer to any ethical, environmental, financial or quality standards set in place, and these can often form the terms of a binding contract. However, secondary supply chain compliance can be tricky to achieve, as these suppliers are further removed from a company’s sight. Here are some tips to help you assess your organisation’s current performance and potential abilities.

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Topics: supply chain management

The importance of supply chain processes in the manufacturing industry

Posted by Peter Needle

07-Apr-2015 09:00:00

Strong The importance of supply chain processes in the manufacturing industrysupply chain management can dictate a company's public image and financial success. Manufacturers face huge pressures from well-informed consumers and anxious retailers to assess the social and environmental impact of their products, and technology is helping to automate these complex processes.

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Topics: supply chain management

Supply chain risk management and the cost of doing nothing

Posted by Peter Needle

02-Apr-2015 12:17:07

Your Great supply chain management demands systematic production tracking – but it doesn't need to be time consuming.company’s board of directors may well ask, “What’s the point of supply chain consulting?” It’s not an uncommon question. However, neglecting supply chain risk management can have enormous financial, practical and competitive consequences, as our infographic illustrates.

Supply chains across various industries are rapidly growing more complex, thanks to global sourcing and production, sales in new markets and increased manufacturing segmentation. As a result, supply chain management is increasingly difficult, and disruptions are becoming less a question of ‘if’ and more a matter of ‘when’.

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Topics: supply chain management

Retailers retune their supply chain process ready for next Christmas

Posted by Peter Needle

04-Feb-2015 15:29:00

We've only Retailers retune their supply chain process ready for next Christmasjust entered February, but some major retailers are already starting to make plans for next Christmas. After considering all the lessons learnt from the past festive season, companies are looking to improve their supply chain process model in time for December 2015.

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Topics: supply chain management

What's in store for supply chain sustainability in 2015?

Posted by Peter Needle

09-Jan-2015 13:24:00

What's in store for supply chain sustainability in 2015?Over the past decade, supply chain sustainability has grown in importance from a moral obligation to a strategic necessity, and companies are increasingly aware of its potential as a powerful vehicle to implement profound business changes.

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Topics: supply chain management