3. Price Lead time Flexibility Quality Supplier Category - Key Energy Waste Chemicals Transportation ECO-System Health & Safety Working Conditions Wages OT Sustainability
4. H&M Supply Chain Activities 1 st tier (Supplier) 2 nd tier (WEP) 3 rd tier (Mills) 4 th tier (Spinners) 5 th tier (Farms) Energy/CO 2 Water Consumption Water Quality Chemicals Raw Materials People Today Future
Textile industry is facing the challenge to withstand the price competitiveness and the growing the demands of CSR. We expect a fine balance between these two factors, Price and CSR. To have a better price CSR should not be compromised.
Low-cost - a low carbon foot print means lower consumption of energy & more efficient use of energy giving scope for cutting costs by reducing waste of raw materials and energy. Firms are looking for long term horizon they need to embark on green paradigm. Being ahead of regulatory curse reduces the risk of supply chain disruptions at a future date Consumer increasingly demanding environmental stewardship by the manufacturers and suppliers of goods and services by taking into account life cycle approach.
1. Both man and machine Reducing Energy Consumption & Installing Energy Management Systems Opting of renewable energy solutions to meet energy requirements Reducing inputs, rejections etc. 2. Increase the machine efficiency. 3. Look for ROI, an investment – if we have the right mindset, today’s expenditure is an investment for tommorrow.