Global Sourcing in the Textile and Apparel Industry

Global Sourcing in the Textile and Apparel Industry, 3rd Edition is a comprehensive guide to global sourcing in the textile and apparel industries, providing practical insight into procedures, implications, and current issues. It includes new content, case studies, and video interviews and offers instructor resources to help incorporate the text into the classroom.

Format: Paperback / softback
Length: 280 pages
Publication date: 21 March 2024
Publisher: Bloomsbury Publishing PLC

The textile and apparel industries have undergone a significant transformation in recent years, with a growing trend towards global sourcing. In this 3rd Edition of Global Sourcing in the Textile and Apparel Industry, we delve into the critical role of global sourcing in these industries, providing practical insights into its practices and strategies.

According to recent statistics, over 95 percent of today's textile and apparel products are sourced from across the globe. This makes sourcing one of the most crucial business functions in the industry, as it enables companies to access a wide range of materials, components, and labor at competitive prices.

Global sourcing encompasses a range of procedures and practices, including supplier selection, negotiation, and quality control. It involves identifying and evaluating potential suppliers, establishing long-term relationships, and ensuring that the products meet the required standards and regulations.

One of the key benefits of global sourcing is its ability to facilitate innovation and product development. Companies can tap into a diverse range of expertise and resources, allowing them to create new products and technologies that meet the changing demands of their customers. Global sourcing also enables companies to reduce their production costs and improve their efficiency by leveraging the economies of scale and specialization of suppliers.

However, global sourcing also presents several challenges and risks. Companies need to navigate complex international trade regulations, deal with cultural differences, and manage supply chain disruptions caused by factors such as natural disasters or political instability. Additionally, concerns about labor rights, environmental sustainability, and social responsibility have become increasingly important in the sourcing landscape.

In this Edition, we have expanded our coverage of global sourcing to include new content called "global sourcing in the news." Throughout the chapters, we have made direct connections between theoretical principles and industry activities, providing students with real-world examples and insights. We have also updated our discussion about the impact of the COVID-19 pandemic and supply chain disruption on global sourcing, highlighting the challenges and opportunities that companies have faced in this unprecedented time.

Our case studies have been revised and updated to offer real-life scenarios and challenges that professionals in the textile and apparel industries face every day. We have included video interviews with industry professionals, allowing students to hear from experts in the field and gain a deeper understanding of the industry's practices and trends.

In addition to the textbook, we have also provided Instructor Resources to help incorporate this text into the classroom. The Instructor Guide provides guidance on how to use the textbook effectively, and the PowerPoint slide decks for every chapter provide visual aids and support for lectures and discussions.

Studying Global Sourcing in the Textile and Apparel Industry can be a challenging but rewarding experience. By gaining a comprehensive understanding of global sourcing practices and strategies, students will be well-equipped to succeed in the fast-paced and dynamic world of these industries. Whether you are a business student, professional, or simply interested in the textile and apparel industries, this Edition is a valuable resource for anyone seeking to gain a deeper understanding of global sourcing and its impact on the industry.

Dimension: 280 x 215 (mm)
ISBN-13: 9781501399459
Edition number: 3 ed