Historically, the fashion industry has faced criticism for its environmental impact and labour exploitation. From excessive resource consumption to unethical labour practices, the industry has for long grappled with a tarnished reputation. Previously, certain global fashion companies attempted to portray themselves as environmentally conscious without real commitment. However, as regulations now specifically target pollution levels, worker treatment and the production and recycling processes, the fashion companies are compelled to adhere to stricter norms and this will impact the entire supply chain as well as its stakeholders.
One of the key drivers of change is the collaborative relationship between fashion brands and their vendors. Rather than a traditional buyer-seller dynamic, a more symbiotic partnership is emerging with the realisation that by working closely with vendors, the brands can influence and improve sustainable practices. A cornerstone of this collaborative relation is transparency and the fashion brands are therefore increasingly demanding visibility into every stage of the supply chain, from raw material sourcing to the final product. By working together, brands and vendors can also implement efficiency measures that improve productivity and reduce costs without compromising on fair wages and ethical treatment.
While changes are inevitable, technology plays a crucial role in establishing a close relation between brands and vendors. Supply chain management platforms, data analytics and blockchain are the go-to technologies that empower brands and vendors to trace every step of the production process. These not only ensure compliance with regulations but also enable informed decision-making, driving process visibility and sustainability.
Apparel Resources joins forces with Coats Digital for a knowledge-packed Webinar
To address persistent challenges in the fashion supply chain regarding brand and vendor collaboration, Coats Digital – in collaboration with Apparel Resources – is organising a webinar on ‘Optimising Negotiations: Enhancing Brand/Vendor Collaboration with GSDCost’, where we will explore why brand and vendor unity is important to weave sustainable practices into the fashion industry.
Be a part of this insightful one-hour webinar as Coats Digital delves into the evolving landscape of fashion and addresses the pressing challenge faced by brands and their supply chain partners: striking a delicate balance between cost efficiency and sustainability.
The webinar caters to the needs of apparel manufacturers, brands, retailers and technologists across the South Asia region. Its key discussion points will include:
- Going Beyond ‘Green’
- Language Unification to Boosting Brand/Vendor Collaboration
- Embracing Data-Driven Negotiations
- Transparent Costs for True Clarity
The speakers in this webinar are renowned subject matter experts including:
- Stuart McCready-Stocks, Global Commercial Director – Brands, Coats Digital
- Neeraj Rana, Solutions Consulting Manager, Coats Digital
Participation is complimentary, so hurry and register for the webinar now!
