STABILITY is a word few would use to describe supply chains these past 18 months. In fact, “extreme” is more fitting, considering how overzealous consumer shopping was countered by out-of-control freight costs, shipping delays, port backlogs and retail out of stocks.
Companies aren’t built to thrive in such extreme booms and busts, and while helpful, planning and forecasting tools will only get them so far in these shifting sands. But knowledge creates resilience, and better-informed companies will be better prepared to react and pivot as necessary.
This 2023 State of the Industry Sourcing Report provides a global overview from all angles.
Gain Insights Into:
• The current and pending legislation (domestic and abroad) that will impact sourcing and sustainability strategies this year.
• What’s happening with raw material prices and what they mean for textiles.
• China’s waning long-time dominance in footwear and apparel and the return to U.S. production.
• What executives at Macy’s, Tommy Bahama, RapidRatings and RSC predict for 2023.
VIEW SOURCING REPORT
About Informa Markets Fashion
Informa Markets Fashion connects and inspires the global fashion community through online experiences, industry insights, and worldwide fashion trade events including MAGIC, COTERIE, PROJECT, and SOURCING at MAGIC. From more effective manufacturing and supply chain opportunities to creative design inspiration and retail on the wholesale floor, Informa Markets Fashion’s diverse portfolio supports the entire fashion ecosystem - fostering innovation and driving creativity year-round.
About Sourcing Journal
Sourcing Journal Media, LLC, a leader in B2B trade media, produces publications and events under the Sourcing Journal and Rivet brands. We’re a resource for our industries, offering essential news, expert commentary and in-depth analysis. Sourcing Journal’s parent company, Penske Media Corporation (PMC), is a leading digital media company, publishing, and information services company founded in 2003.
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