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New Alarm Bells for Raw Materials Prices

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.

The global seasonally adjusted Manufacturing Purchasing Managers’ Indexes (PMI)–a composite designed to provide a snapshot of operating conditions in the manufacturing economy–showed a general drawback in momentum in March and the first quarter of 2022 brought on by rising inflation, continued Covid-19 surges and Russia’s invasion of Ukraine. Companies also reported paying significantly more to…

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