For many people, fashion is a way to express yourself and be creative. And even if you’re not into fashion trends, everyone in our society relies on clothing. This makes it an important industry to nourish and improve. Today’s current fast fashion works by overproducing clothing to drive down unit costs. Inefficient communication in the supply chain results in high inventories, high markdown rates, and millions of tons of textiles wasted each year. The present fashion manufacturing process is one that is unsustainable and contributes to the fashion industry being the second most polluting industry, globally. This supply chain issue is one FABRIC, a 501(c)(3) Non-Profit, and many others would like to see transformed to become more successful with better practices.
A more sustainable method is a circular approach. Bill McRaith, previously Chief Supply Chain Officer at PVH, has proposed a revolutionary 2030 Supply Chain Vision that operates from the collaboration between manufacturers and retailers to create a shared supply chain that works on a shared profitability model to produce optimized order quantities based on consumer demand at point of purchase. It connects offshore, nearshore, and onshore manufacturing capabilities. In addition to collaboration, this approach is accomplished through technology and infrastructure. As McRaith told the B-Corp-certified MBS Group, “It’s about building a dynamic ecosystem where they work in harmony with each other”. A large element of this vision is to build an Eco Park that encompasses this circular model. The Eco Park will achieve garment creation, lifespan, and end-of-life, all of which will amplify brand and retail capabilities. This method is not only beneficial to the fashion industry, but it also supports a sustainable, eco-friendly world for today and future generations. On January 18th and 19th, FABRIC, Future Proof Fashion, APPN, and ISAIC are presenting the plan at a summit for this vision to gain support and funding for building a circular supply chain pilot. FABRIC is already a leader in this revolutionary vision, being a fashion incubator with collaborative design space, meeting spaces, and advanced manufacturing testing. FABRIC’s goal is to put words into action by facilitating the required collaboration to make this vision a reality. FABRIC’s vision is to disrupt the current supply chain to create a more sustainable future for fashion and the world.
Fashionably,
FABRIC Eco Squad