Brands urged to avoid knee-jerk sourcing shifts

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Textile executives favour diversified sourcing, recycled materials and better risk data over rushed supply-chain moves driven by supply chain shocks 

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The closure and disruption of key trade routes and waterways has impacted textile supply chains.

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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