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McKinsey: Sustainable supply chains are 5 years away

October 17, 2019 / Deborah Barrington
SHARESHARESHARE

A more sustainable supply chain model is about five years away, according to executives who represent sourcing value of about $100 billion in a McKinsey Apparel CPO survey, Fashion’s New Must Have: Sustainable Sourcing at Scale. The cause for optimism stems from placing an emphasis on four factors: transparency, greater implementation of sustainable materials, tighter relationships with suppliers and revamping best practices for purchases. More than 50% of North American apparel CPOs report sustainability and transparency as their top concern. Digitization of the sourcing process is tied for second with supplier base consolidation, according to 35% of respondents.