Industry experts discuss the pressing issues in supply chain compliance.
- The podcast features leaders from Harrods, Neem London, Deckers Brands, and Infor Nexus.
- Key topics include the rise of digital product passports in the supply chain.
- Data management strategies are highlighted as crucial for compliance.
- Practical tips are shared to navigate these emerging challenges.
In a recent podcast episode, industry leaders convened to dissect the current landscape of supply chain compliance. Highlighting the pressing need for adaptation, these experts emphasised significant challenges faced by companies in managing their supply chains effectively. The introduction and implementation of digital product passports emerged as a central theme, sparking discussions on the necessity for companies to swiftly embrace these technological advancements.
Nick Reed, founder of Neem London, was candid in his assessment, advising companies to proactively adopt digital product passports: ‘People need to wake up to product passports,’ he stated. ‘It’s going to happen, so just get on with it.’ This sentiment reflects a broader consensus among the panellists that digital tools will play a crucial role in the evolution of supply chain management.
Simon Finch, supply chain director at Harrods, along with Victoria Cobos, vice-president of operations at Deckers Brands, and Richard van der Meulen, general manager of supply chain network Infor Nexus, shared insights on effective data management strategies. The ability to efficiently handle and interpret data is becoming increasingly vital for ensuring compliance and optimising supply chains.
The discussion also delved into practical solutions to these challenges, as experts shared valuable strategies to improve supply chain processes. The integration of advanced digital solutions was frequently highlighted as a way to enhance operational efficiency and compliance. This collaborative sharing of ideas underscores the importance of staying informed and adaptable in a fast-paced industry.
Industry leaders have made it clear that embracing digital passports and managing data effectively are key to overcoming supply chain compliance challenges.