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WWD Forum: Global Sourcing & Supply Chain

Sourcing in the next decade

WWD Forum: Global Sourcing & Supply Chain

 

See below for full coverage and exclusive WWD video highlights from the first part in a series examining global sourcing in the next decade>>

 

Michael McBreen

Brands, Retailers Play Catch-up With Recovery

The recession forced executives to reexamine their supply chains and find new efficiencies. Now, according to speakers at last week’s WWD Global Sourcing & Supply Chain Forum, getting back up to speed during economic recovery will mean recognizing where sourcing is headed.

Steven Lotito and Diane D’Erasmo

HSBC Stresses Vertical Awareness

The economy might be inching its way back after two years in the dumps, but sourcing executives still need to be hyper-aware of the financial strength of each link in their supply chain. The importance of such “vertical awareness” was one of the key points of an HSBC Bank USA presentation by Diane D’Erasmo and Steven Lotito.

John Strasburger Jerry Cook Nicole Bivens Collinson and Stephen Lamar

Washington Reawakens to Trade Issues

Trade will get a bit more attention in Washington now that the Obama administration has succeeded in its long battle for health care reform. President Obama strode boldly into the trade arena during his State of the Union address in January, proclaiming the goal of doubling U.S. exports within five years. Such efforts do little to help sourcing executives trying to cut their costs on goods made in Asia and South America, but the shout-out to trade has been seen by the industry and policy wonks as a sign the issue might slowly come off the Beltway’s back burner.

Kumar Mirchandani

Suppliers Count on Service, Sustainability

The world’s manufacturers are looking to strengthen customer relationships by expanding the services they provide and moving forward with initiatives to become more sustainable enterprises. Smaller countries such as Sri Lanka and Singapore have found success by uniting their apparel industries around campaigns. Sri Lanka, for instance, has tried to make its experience in ethical sourcing a selling point to brands.

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