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Improving the Lives of Apparel Workers by Creating an Ethical Apparel Index

NC State SCRC

million) from the Templeton World Charity Fund, that will be used to develop an Ethical Apparel Index and launch a new initiative under the SCRC umbrellas. Unethical working conditions among apparel supply chains present substantial challenges for brands’ pursuit of corporate social responsibility (CSR) and generate systemic dysfunction.

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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit. The retail industry is rich with data.

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Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

In this blog, I’ll try to shed more light on it with examples from our work with our customers. In this blog, I’ll focus on the Q-commerce case. Based on all my conversations with colleagues, “Composability, ” while a well-known concept of programming, is probably the least understood one by the supply chain community.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

This blog post formed in my head as I worked with clients this month. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

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The Fashion Retail Supply Chain is a Speed Game Now More Than Ever

Locus

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. The matters are further complicated by an increasing demand for sustainable sourcing, which puts more pressure on the supply chain. Sources: [link] [link] [link] [link]. million by 2025.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

This blog intends to assist you through the labyrinth of procurement training by pointing out the most reliable courses that fit your objectives and aspirations and hence act as your compass in the realm of procurement training, whether you’re hoping to break into the sector, looking to up skill, or yearning for promotion chances.