Business & Productivity
Why does Business & Productivity matter for garment factories in Asia?
As the world's leading hub for clothing manufacturing, Asia's garment industry faces fierce competition and ever-evolving consumer demands. To thrive in this context, businesses must optimize their operations, streamline production processes, and adopt innovative technologies. The importance of efficiency and productivity cannot be overstated, as they enable companies to reduce costs, meet strict deadlines, and maintain quality, whilst simultaneously boosting social and environmental sustainability.
Explore this section for the latest updates, insight, events, and training on Business & Productivity. And connect with industry experts dedicated to enhancing efficiency and bolstering competitiveness through sustainability.
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Why mainstreaming green finance is key to real industry sustainability
Green sustainability metrics are evolving quickly, with financial institutions increasingly adopting them. Innovation in green financing is key to ensure a fair and just transition, says Rakesh Vazirani, Head of Sustainability Services at TÜV Rheinland Group.
“This widespread breakdown across the industry has illuminated how fragile the system really was”
Industry experts agree that the COVID-19 pandemic will continue to shape garment production in Asia far into 2021 and beyond. But how will the pandemic affect garment production systems and practices? And manufacturers and workers? Here are the perspectives of industry stakeholders.
Want to know what the Factory Improvement Toolset (FIT) is all about?
Learn more about the FIT and what added value it has for manufacturers in particular. It's just a click away!
Learnings and Tools
Actions to improve Business & Productivity outcomes hold great potential for industry-wide sustainability in Asia. Explore available learnings and tools and find out how they can help you in your day-to-day work.
Latest News on Business & Productivity
MoreThe hidden costs of our purchases: True Pricing and the road to fairer price
You go to the store for a carton of milk or, if we focus on our industry, a new item of clothing. You pay the market or retail price based on what it costs to produce and sell that item. But did you know that you don't always pay the "true price"? Manufacturers and companies don't usually pass on all the costs to the end consumer. Just think about the impact the production of our items has on our environment, like raw material consumption and the carbon emissions from transportation, for example.
Read MoreBangladesh needs to address export diversification, unskilled labour force
Bangladesh urgently needs to address export diversification, weak financial institutions, an unskilled labour force, poor foreign direct investment and forex reserves and a low tax-GDP ratio for its graduation, businesses said at a seminar on Saturday.
Read MoreBrands' partnerships with suppliers 'improving'
Buyer-supplier partnerships in the garment and footwear sector improved significantly last year, according to a new report from the Better Buying Institute (BBI). The BBI has published its annual Better Buying Partnership Index (BBPI) which enables suppliers in global supply chains to anonymously rate the quality of their commercial partnerships with brands and retailers.
Read MoreIndustry Events on Business & Productivity
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