Overcoming overproduction: Pathways for waste-prevention, enhanced efficiency, and supply chain optimisation
13:50
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14:35
Estimates suggest there could be anywhere from 8 billion up to 60 billion garments produced that remain unsold each year. This highlights the urgent need for change, but also the huge opportunity that overproduction presents.
Brands are committed to change. According to the Global Fashion Agenda, 78% of brands have set targets to reduce overproduction, and 95% seek collective industry alignment. But how can we take actionable steps toward these goals?
In this session, our panellists will explore effective strategies to optimise production processes, focusing on:
- The need for transparency: Currently, only 6% of global brands publicly disclose their production volumes (Fashion Revolution). What’s going to deliver greater transparency and accountability?
- Addressing under-utilization: Approximately 30% of produced clothing remains unsold, and another 30% is sold at discounts (Global Fashion Agenda). How can brands improve forecasting to adopt limited production models and better utilise existing stock?
- Efficiency gains: How can design, procurement, and sustainability teams collaborate with suppliers to streamline processes and minimize material waste? What role does AI play in achieving these efficiency gains?