"Global Supply Chains" News Archive

When the pandemic broke out, many supply chains around the globe were rattled. But those chains have also been vital in responding to the crisis, keeping medical supplies, food and other key necessities flowing where they were needed most.

Recently, the bill went through a third reading in the House of Commons in March, and once passed, it will be a step forward in the fight against modern slavery in the apparel industry and other sectors in Canada.

By building better sustainable procurement taxonomies and then coordinating data sharing across entities, search and information costs can be reduced for both wholesale and retail purchases.

As only 10-13% of the global cotton supply can be classified as sustainable, it’s imperative that companies understand which standards should be part of a sustainable procurement plan, such as the Better Cotton Initiative, Fair Trade Cotton, and GOTS.

The growing complexity of the international environment, increasing regulations and natural disasters mean that companies need to monitor and anticipate possible future disruptions to their business.

By incorporating such certificates, companies can effectively and efficiently monitor their targets to hit critical ESG Performance targets.

Good Weave International is a Nobel Prize-winning organization that works tirelessly to stop child labor in global supply chains.

The company has partnered with Coats Digital to enhance its supplier network and streamline sourcing processes for improved efficiency and transparency.

Hansae, the grand prize winner in the Comprehensive ESG sector for the ‘Manufacturing, Wholesale, and Import/Export of Textiles and Textile Products’ business division, was recognized for its differentiated ESG performance.

Switching from synthetic fibers to natural fibers is one way to solve the fashion waste problem, however the industry as a whole needs more progress to provide transparency within viscose supply chains.