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Global value chain suppliers are our connection to SMEs
August 12, 2013 Editor 0
SME connectors can boost the supply chains of apparel, and other industries (Credit: India Kangaroo, Flickr Creative Commons)This is the second post in the “Supply Chain Junkie” series, which gives personal insights on supply chains- -the “new normal” of doing business that is currently being prioritized by IFC.
Fashion is about constant change and that holds true for the business strategies of apparel Global Value Chains (GVCs) in response to customer preferences and global developments. The global economic crisis has played a major role in the biggest changes to the operational model of these chains, forcing them to cut costs by further consolidating their operations through long-term strategic decisions on supplier countries and supplier firms.
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