Textile executives favour diversified sourcing, recycled materials and better risk data over rushed supply-chain moves driven by supply chain shocks
VANCOUVER – Apparel and textile executives have been urged to treat tariffs, oil-price swings and climate shocks as long-term strategic risks rather than triggers for rapid, reactive changes to their supply chains.
Ridwan Bhuiyan, vice president for digital products at insurer Chubb, urged companies to identify concentrated supply-chain risks before losses occur.
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