In mid-October, the Sourcing Journal Summit, dubbed \u201cR\/Evolution: Overhauling Fashion\u2019s Outmoded Supply Chain\u201d, brought together leaders from the apparel and textile industry in a virtual format to navigate the path forward for retail. Renowned apparel publication Sourcing Journal organized the namesake event, which this year undoubtedly had a focus on the pandemic\u2019s effect on fashion. The summit featured Tradewind Finance\u2019s John Stillwaggon, CEO of the Americas, who spoke on a panel titled, \u201cThe new rules of supply chain finance post Covid-19\u201d.<\/p>\n
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The session included discussion on how financial institutions and alternative lenders are advising supply chain partners, re-evaluating risk and how they are developing new instruments to help ensure liquidity for businesses. During the panel discussion, Stillwaggon honed in on what factors matter in the buyer\/supplier relationship when considering a financial partnership with either party. He pointed out that strong communication between the customer and their suppliers, as well as a shared tenacity to overcome business challenges, make for an attractive supply chain dynamic for financing.<\/p>\n
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Other panelists at the summit included executives from Foot Locker, H&M, McKinsey, Google, Gartner, Wells Fargo, L.L. Bean, Madewell and more.<\/p>\n
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Watch a short clip of this panel by clicking on the banner below.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" In mid-October, the Sourcing Journal Summit, dubbed \u201cR\/Evolution: Overhauling Fashion\u2019s Outmoded Supply Chain\u201d, brought together leaders from the apparel and textile industry in a virtual format to navigate the path forward for retail. Renowned apparel publication Sourcing Journal organized the namesake event, which this year undoubtedly had a focus on the pandemic\u2019s effect on fashion. […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[465,518],"tags":[],"class_list":["post-29565","post","type-post","status-publish","format-standard","hentry","category-articles-hu","category-press-releases-hu"],"acf":[],"yoast_head":"\n