1 year, 1 month ago

Tracing success: How technology drives value in supply chain

Global supply chains have reached unprecedented levels of complexity. Given the intricate global web of supply chains, retailers offer products crafted from textiles that have undergone numerous processing stages and exchanges. While cultivating effective, trusted relationships throughout the supply chain serves as a fundamental starting point, technological advancements offer a growing array of tools to bolster and refine traceability efforts. This grants companies heightened visibility into their supply chains, a deeper comprehension of goods movement—from raw materials to finished products—and the capacity to better support their suppliers. Without robust relationships, traceability tools may lack the necessary potency, as achieving full visibility requires active participation from all entities within the value chain.

Hindustan Times

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