As the supply chain has attracted greater attention, and even more investment, the landscape has never been more difficult to navigate. Nevertheless, opportunities abound. Find out how best to use your capital to capitalize. From scalable solutions to the health of your business and employees, the time is now to make the tough decisions that will seed your future.
Sourcing Journal’s Fall Summit is the leading apparel supply chain event, drawing executives, directors and managers from brands, retailers, factories, agents, compliance agencies and service providers. The event features a commanding list of speakers and panelists, designed to challenge the status quo and inspire attendees to view their businesses differently.
Sourcing I: Manufacturing Solutions:
With the cost of raw materials showing increased volatility, the pandemic dragging on, worker issues rising and developing energy concerns, it’s never been more difficult to manufacture goods in a cost-efficient and timely manner. As consumer demand ebbs, how are manufacturers coping with inconsistent ordering patterns, renegotiated terms and an uncertain trade backdrop? This panel brings leaders from the foremost sourcing names together to discuss how they are coping and what they see on the horizon, from the immediate to the longer term.
Devender Gupta, Co-founder, Asmara International Limited
Sourcing II: Brands Navigate an Uncertain Landscape:
There are troubles everywhere. Energy shortages, cotton and yarn shortfalls, unstable governments, currency concerns and inflation. While diversification has long been touted as the key to a foolproof sourcing matrix, it also brings with it an added risk of exposure when things aren’t running smoothly. This panel will take a look at the current geopolitical landscape, with specific discussion on areas of concern and guidance on making the best of difficult times and the safest path forward.
Barbara Fevelo-Hoad, Chief Sourcing Officer & Executive Vice President, Sparc Group LLC
Bryan Riviere, Senior Vice President, Sourcing, Product Development & Production, Macy's Inc.
Michael Bland, Senior Partnership Director, QIMA
Unchartered Waters: Inflation and Today’s Consumer
This intimate discussion between Sourcing Journal founder and president Edward Hertzman and Daren Hull, President at Vera Bradley, aims to shed light on how the consumer, and the market overall, are reacting to an environment of tight credit and escalating prices. After several years of stimulus-boosted spending and easy money, the backdrop has changed rapidly, and drastically. This discussion will dive into how the consumer is responding, the effect of price sensitivity, new offerings as an avenue for growth and how the retailer is managing inventory and coping with relentless supply chain obstacles.
From Fit to Friction:
While the E-commerce surge has been a welcome sight at the checkout, along with opportunities come obstacles. From sizing to costly returns to post purchase customer retention, this panel will look at how to make the most of your resources, from capital to AI to infrastructure, not only to receive orders but process them in a cost-efficient manner and keep customers coming back.
When it comes to ESG sometimes the S gets short shrift. As far as responsibility for the treatment of workers down through the supply chain the buck is often passed in terms of accountability. From the brands to manufacturers to policy, a multipronged approach is needed to address this issue and truly foster change. This panel will look at the points of contention, where the shortcomings lie and what actions need to be taken for true change.
Jennifer Gootman, Executive, Sustainability & ESG Strategy
Simon Platts, Director, Sourcing, Commercial ESG & Sustainability, ASOS
Avedis Seferian, President & Chief Executive Officer, Worldwide Responsible Accredited Production (WRAP)
Logistics, Logistics, Logistics:
To put it bluntly, these days logistics is king. Where once style and price were the true differentiators between success and failure, now the ability to deliver a product on time and in a cost-efficient manner have taken on paramount importance. This panel will spotlight the existing challenges that have faced the industry since the onset of the pandemic, the biggest trouble spots out there today and where and when there is hope for a more predictable environment.
Peter Hsieh, Regional Vice President, Sales & Marketing, OEC Group
Anisa Kumar, Chief Customer Officer, Narvar
Bob Silverman, Managing Director, Supply Chain & Logistics, JLL
Its been said that “the cure for high prices is high prices” and that’s precisely what we’ve seen as 2022 has unfolded. Raw materials, from cotton to oil, skyrocketed over the past 18 months hitting levels not seen in more than a decade. Now that things have normalized somewhat, what does that mean for the year ahead. How will an inflationary backdrop and a wary consumer affect the situation. This presentation will answer these questions and more, as business attempt to forecast this extremely volatile environment.
Managing Your Supply Chain in Inflationary Times:
As prices continue to climb across the board, brands and retailers need to be as nimble and cost-efficient as possible. As the backbone of fulfillment, the proper use and management of your supply chain is perhaps the most effective way to ensure steady margins and profitable sales. In this candid one-one one conversation, Sourcing Journal founder and president sits down with American Eagle Outfitters chief supply chain officer Shekar Natarajan to shed light on his vision of shared services, the wasted costs in our current system and details on how to incorporate radical strategies to revolutionize the way you do business.
Shekar Natarajan, Chief Supply Chain Officer & Executive Vice President, American Eagle Outfitters Inc.
Survey Findings: Do Your Strategies Measure Up?:
Everyone in the industry has the same challenges, but each company tackles them in its own way. Do you invest dollars into better digital tools for supply chain visibility and production, or route money into consumer-facing marketing? Do you spend time getting your suppliers ESG compliant or find new ones? Are you really tracking your carbon footprint or just talking about it? How do you plan new merchandise against an inventory pileup? How are you fortifying your company against future supply chain uncertainties? And why are you still using Excel spreadsheets? In this panel, lead consultants at AlixPartners and Eddie Hertzman will unveil the findings of their joint 2nd annual survey report, which takes the pulse of the fashion industry’s strategies.
Challenges and Opportunities
Throughout the day Sourcing Journal editors will discuss key challenges facing the industry and provide strategic solutions on how best to address these issues.