A violent increase in the price of cotton, direct labour wage increases in low cost countries, inflationary wage increases in manufacturing giants, and a tripling in the cost of shipment. All of these factors and more have affected the cost elements of the supply chain. In this first-edition report, just-style has created six supply chain cost models to illustrate the differences between the supply price from different countries and the effect of changes to those cost elements.
The first day of this year's Prime Source Forum in Hong Kong threw up the usual mix of ideas and insight. Rising costs, finding capable capacity, new sourcing locations such as Myanmar, collaboration across the supply chain - and of course China's role in all of this - were all up for discussion. Here are some of the most quotable highlights from the first day.