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How a Smaller Gap Inc. Means Bigger Profits

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Gap Inc.’s Power Plan 2023, detailed Thursday at a virtual investor day presentation, will streamline the company as it moves from a fixed to a variable expense structure so it can focus on customer-facing opportunities for growth. Sonia Syngal, who became Gap Inc. CEO in March, just before the coronavirus shutdown began, laid out the…

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