Sunday, October 23, 2016

John's Speech at Espace New York

On September 20th, John delivered a keynote speech at the Sourcing Journal Summit 2016 in New York City.

As the first keynote speaker in this year's summit, he shared his insights about the New Normal in Apparel Sourcing. His sharing started with figures and facts that demonstrate the changes of demand and supply over the years and our current position. He raised questions including "How do we persevere? How do we win? How do we provide better quality service and value to customers?"

He then talked about the five C's of supplier's competitiveness, namely Consolidation, Creativity, Cost Containment, Caring and Conservation. At the end, these are essential elements to drive a win-win with retail and factory by Transparency, Optimization, Trust and Innovation. Closing the keynote the way he began it, John said brands' and retailers' success will rely heavily on how well they collaborate.