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January 2021 Monthly Newsletter
By Winfred Amoako
Supply chain disruptions are commonplace. How do you keep your customers happy while dealing with unforeseen disruptions?
Supply chain disruptions highlight the need for transparency. With global legislation requiring due diligence when it comes to human rights and slavery and consumers demanding more information about the origins and sustainability of products; companies need to be able to track orders through every step of the process. Are you ready to answer the questions?
What are your most pressing supply chain sustainability concerns for 2022? Is it better visibility across supplier networks or providing higher customer service levels and building a more resilient supply chain network? Previous supply chain disruptions have taught us that visibility across supply networks is critical at all levels of business.
This edition provides the insights and trends to help you navigate through the chaos.
On January 13, 2021, the United States Customs and Border Protection expanded the blanket Withhold Release Order (WRO) initially issued on December 2, 2020, and will detain all shipments containing cotton and cotton products originating from the Xinjiang Uyghur Autonomous Region (XUAR). Read more here.
You can appreciate Traceability's benefits if you understand what it brings to your company. To begin, supply chain traceability enables you to track the origin and journey of your company's products and inputs through each stage of the supply chain.
With first-of-its-kind legislation, the state of New York (U.S.) seeks to take bold action in turning fashion into a force for good. The act if passed provides a defining sustainability standard that the fashion industry sorely needs.
With improved transparency across your supply chain network, you can better select and manage your suppliers. You can easily identify bottlenecks in your supplier network by documenting every supply chain transaction from finished goods to raw materials.
Question: How will my supply chain be impacted by the New York Sustainability Act?
Answer: The Fashion Sustainability and Social Accountability Act will require fashion retail sellers and manufacturers doing business in New York state, and generating more than US$100 million in annual revenue worldwide, to relay their environmental and social due diligence policies. This includes the total volume of material produced, carbon emissions, water consumption and pollution, median wages, measures for responsible conduct embedded in policies and management systems, and chemical usage, storage, and disposal practices.
Whether they know it or not, fashion brands and their retailers, manufacturers, and suppliers could soon face a pivotal moment in their operations. If the New York legislature successfully passes this act, meaningful progress toward sustainable fashion can become a reality that every business must embrace. Read more here.
Have questions you would like answered in our next newsletter? Send your questions to firstname.lastname@example.org
Here are some predictions for 2022. This piece will be quite informative, ranging from inventory shortages to the gradual reduction in demand variability and declines in transportation prices causing havoc across supply chain networks. Read more here.
To put it mildly, it hasn’t been an easy time for anyone in the supply chain. The COVID-19 pandemic continues to keep supply chains tangled, and risks, including extreme weather events, have begun to look less like outliers and more like harbingers of an unpredictable future. Read more here.
I would like to invite you to join us at our upcoming webcast to learn more about tracking orders through every step of your supply chain network.
On February 2, we will share insights and reflect on key takeaways from the National Retail Federation 2022 conference, including some of these hot topics:
Can't make it to the live event? Register here for an on-demand video to be sent directly to your inbox.
Manage Disruption Today and Enable a Sustainable Supply Chain of the Future In this webinar, you will learn the critical elements needed to enable resiliency and agility in your sustainable supply chain, as well as the ability to respond and pivot at the pace of disruption while preparing your supply chain for a sustainable future.