Navigating tariffs: Rethinking sourcing strategies for responsible and resilient supply chains
09:50
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10:30
Since 2015, trade barriers and supply disruptions have increased fivefold, according to Business of Fashion, and tariff disputes and trade wars show no signs of easing. The global sourcing landscape is shifting rapidly, with U.S. apparel and textile imports diversifying away from China at the fastest rate in 15 years.
As new sourcing hubs like India, Turkey, and Bangladesh emerge, procurement teams have a unique opportunity to develop strategies that balance efficiency, resilience, and sustainability. In this session, our expert panel will explore:
- Knock-on impacts: Unpack the immediate and lasting impacts of tariffs in Trump’s first six months in office.
- Reshoring potential:Evaluate the U.S.'s preparedness to reshore manufacturing and the implications for global supply chains.
- Carbon savings: Identify opportunities for carbon footprint reductions, with up to 95.3% of emissions stemming from scope 3 activities
- Climate risks: What are the implications of escalating climate risks for Southeast Asian manufacturing hubs, as demonstrated by the 2024 summer heatwaves?