In today’s Fashion and Luxury landscape, sustainability and traceability have become essential for business management. Environmental, Social, and Governance (ESG) factors significantly impact corporate strategies and operations, requiring a comprehensive review of supply chain processes. The industry's leading companies are shifting direction, from supplier interactions to final consumer communication, while also implementing optimal post-sales strategies to boost business growth and increase revenue.
Sustainability in the supply chain is no longer just an ethical choice, but a strategic imperative.
Tesisquare SRM is a leading supplier collaboration solution, highly recognized in the Fashion & Luxury sectors. Thousands of Fashion and Textile suppliers—ranging from raw materials, tanneries, to finished product manufacturers—are already leveraging the Tesisquare SRM Collaboration Portal for Supplier Qualification, Item Qualification, Purchase Orders, Work Orders, and ASNs. Equipped with advanced features such as alerts, widgets, and workflows, the platform enables users to seamlessly collect traceability and sustainability information and certifications, ensuring full compliance with industry standards.
Data collection is managed from multiple sources and consolidated into a single platform, with the option to notarize data using Blockchain technology (such as Aura). This creates a seamless link between raw materials, batches, fabric rolls, and finished products within a digital collaboration framework. Our ESG Control Tower, Product Genealogy, and TMS modules provide full visibility and management of all data, ensuring comprehensive control over the environmental impact of both logistical and production operations.
The genealogy structure begins with finished products (unique IDs), containing detailed information on raw materials, textile batch numbers, production dates, locations, and certifications. Through the Digital Product Passport, brands can share the entire product journey with customers, from the first supplier to the final pre-sale stage, ensuring complete product transparency. This approach creates new after-sales business opportunities, including product repairs, second-hand resale, and combatting the grey market, enhancing customer trust and brand loyalty.
Implementing sustainability in the supply chain presents several challenges. The complexity of global supply chains, the lack of universal standards, and the difficulty in monitoring and verifying supplier practices can hinder companies' efforts. Additionally, transitioning to more sustainable practices may involve high initial costs and require significant changes to business processes.
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