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Global suppliers band together to improve purchasing practices


Global suppliers band together to improve purchasing practices
ADVERTORIAL
12 Feb 2021
Industry Associations from Turkey, Indonesia and Morocco join Asian Associations in IAF and STAR Network Initiative on Manufacturers Payment and Delivery Terms
Four major industry associations, the Indonesian Textile Association (API), the Turkish Clothing Manufacturers Association (TCMA), the Istanbul Ready-Made Garments Exporters Association (IHKIB) and the Moroccan Association of Textile & Clothing Industries (AMITH) are joining the new initiative by Asian manufacturer associations to drive better purchasing practices in the textile and garment industry. The initiative, started by the STAR Network, supported by GIZ FABRIC, the International Apparel Federation (IAF) and the Better Buying Institute, presented their plans at the OECD Forum on Due Diligence in the Garment and Footwear Sector on February 3rd, 2021. This marks a joint global effort led by manufacturers to establi ....

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Outlook 2021 – What next for apparel sourcing?


How is the sourcing landscape likely to shift in 2021, and what can apparel firms and their suppliers do to stay ahead, remain competitive and build resilience for the future? Reimagining apparel supply chains and ramping up investments in technology and digital tools to help mitigate risk, speed up production and reduce costs are key, experts say. Also top-of-mind are rewriting the rules on buyer-supplier relationships, end-to-end visibility, and a renewed push for sustainability and carbon neutrality.
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Outlook 2021 – Apparel industry challenges and opportunities


2021 should be a year of winners and losers. The fallout from the coronavirus pandemic means there will be continued volatility, uncertainty, complexity and ambiguity, with fewer retail brands, stores and malls. The winners will be those companies that communicate purpose, deliver new value, and adapt to this new normal, according to executives consulted by just-style.
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