The Drapers Supply Chain Summit 2024 convened industry leaders to explore essential strategies for supply chain improvement.
- Panellists stressed the importance of ESG (environmental, social, and governance) considerations in modern supply chains.
- A significant focus was placed on the potential benefits of digital product passports.
- Experts discussed methods for addressing the supply chain’s most pressing challenges.
- The event provided insights from prominent figures representing major brands like Harrods and Neem London.
The Drapers Supply Chain Summit 2024, held on 3 July, brought together industry experts from across the fashion sector. Prominent panellists from Harrods, Deckers Brands, Infor Nexus, and Neem London shared their insights on enhancing supply chain operations, with a particular emphasis on ESG practices. This focus highlights an industry-wide commitment to incorporating environmental, social, and governance considerations into business operations.
The notion of digital product passports emerged as a critical element in the discussion, highlighting a shift towards greater transparency and accountability in product sourcing and lifecycle management. Nick Reed, founder of the climate-conscious brand Neem London, emphasised the urgency by stating, “People need to wake up to product passports.” His remarks underline a growing recognition of the role digital tools can play in streamlining supply chain processes and ensuring compliance.
The discussions also addressed significant challenges facing the industry today, including the need to adapt to evolving regulatory landscapes and consumer expectations. By focusing on these challenges, the summit underscored the necessity for brands to innovate and adapt their supply chain strategies to remain competitive.
Furthermore, the summit featured contributions from esteemed representatives of leading brands such as Harrods and Neem London. These discussions provided valuable perspectives on the diverse approaches companies are implementing to tackle supply chain inefficiencies while remaining compliant with ESG standards.
The Drapers Supply Chain Summit 2024 highlighted the vital role of digital innovation in advancing supply chain transparency and compliance.