IAF holds digital pre-convention occasion

2020/11 18 09:11

On November 10 and 11, the Worldwide Attire Federation held a digital ‘pre-event’ to its 36th IAF World Trend Conference to be held from June 7-Eight, 2021 in Antwerp, Belgium. The objective of the pre-event was to start out a worldwide, trade vast and in-depth dialog on the Conference’s theme: ‘Transition within the International Trend System’.

 

The digital pre-event consisted of 4 separate on-line periods with a variety of companions, together with Dutch affiliation Modint, London School of Trend, ITMF and Motif, supported by firms akin to AFM (consists of Decathlon, Pimkie, Auchan, and many others), Hugo Boss, Lenzing, Alvanon, QIMAone, Triple Tree Options, the Amsterdam Trend Institute, Chainge Capital and Pt Pan Brothers. It additionally consists of 6 film clips recorded by distinguished IAF members giving their imaginative and prescient on the theme of transition from a various vary of trade views together with shopping for relations, expertise, standardisation and training.

 

Even earlier than the Covid-19 disaster, IAF wrote that ‘merely adapting doesn’t appear to be sufficient in 2020. Adapting is simply too gradual’. As IAF president Han Bekke remarked in his video message, the complete style system wants a reset. Overstock, misplaced gross sales and the trade’s strain on the setting are rising uncontrolled. IAF believes that greater than ever, the important thing to a profitable transition may be discovered upstream within the provide chain. Solely by higher balanced, much less adversarial and extra collaborative relations within the provide chain, as clearly advocated within the clip by BGMEA’s president Dr Rubana Huq, can transition be achieved.

 

The core of the transition is shaped by the change of the predominant sourcing mannequin. John Thorbeck of Chainge Capital within the IAFX Motif webinar ‘Shared Threat and Reward’ spoke of the ‘excessive prices of the low price sourcing mannequin’ and highlighted that firms efficiently lowering uncertainty by flexibility can attain market worth features of 30 to 40 per cent. It was exceptional to listen to that the totally different views the periods and audio system provided on trade transition all yielded very comparable underlying messages. Clearly expertise, and significantly 3D digital design expertise is massively necessary. 

 

However the main key to transition turned out to be course of and organisation innovation, which is much less tangible and more durable to understand however which featured strongly in each session. Inside firms, cross departmental groups have to be shaped. Throughout the provision chain partnering strategically and speaking transparently amongst companions is what permits sooner, extra responsive and extra sustainable provide chains. 

Fibre2Fashion Information Desk (JL)

On November 10 and 11, the Worldwide Attire Federation held a digital ‘pre-event’ to its 36th IAF World Trend Conference to be held from June 7-Eight, 2021 in Antwerp, Belgium. The objective of the pre-event was to start out a worldwide, trade vast and in-depth dialog on the Conference’s theme: ‘Transition within the International Trend System’.




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