Textile Supply Chain Solutions
for Higher Efficiency
Scope
The textile and apparel industry is one of the world’s oldest and most globalized industries.
The industry has increasingly relied on outsourcing to low-cost labor markets since the early 1990s. This strategic shift has been driven by major brands seeking to leverage the cost advantages of production in regions with lower labor expenses. While this approach enables brands to access high-quality products at reduced costs, enhancing their competitive position, it also introduces a range of significant risks.
These risks collectively undermine the sustainability of the supply chain, posing considerable challenges for brands striving to balance cost-efficiency with ethical and environmental responsibilities.
This white paper focuses on the key challenges faced by textile manufacturers, the need for sustainability, the dominating fashion industry’s role of traceability, and how a supply chain visibility and collaboration platform can help build a textile supply chain of the future.
Textile companies face losses reaching 40% of the end product value without traceability.
Fiber producers, textile mills, and fabric manufacturers generate between 1.5 and 1.9 billion pounds of new fiber and fabric waste annually.
The Turkish lira has depreciated significantly, losing 35% of its value against the dollar in 2023 alone, exacerbating cost challenges in the textile industry.
Harvesting and spinning methods significantly impact silk production costs, accounting for about 80% of the final price.
Cotton, a pesticide-intensive crop, costs your wardrobe more than you think. Cotton production consumes 16% of all insecticides and 7% of herbicides worldwide.
The main challenge is setting up technology for farmers, field workers, and others to collect and store data on a centralized platform for easy access and informed decision-making. Achieving this requires adopting supply chain solutions that helps address these critical needs and enables textile manufacturers to take control of their supply chains through enhanced operational efficiency, increased visibility, effective purchase order management, and reduced risks.
Textile supply chain solutions go beyond traceability and transparency.
Dive into our whitepaper to learn how supply chain solutions influences supply chain performance and helps textile manufacturers achieve higher effeciency.
Download our whitepaper to address supply chain challenges and optimize the textile supply chain.