Apparel Online Bangladesh Magazine June Issue 2018 | Page 8

FROM THE EDITOR-IN-CHIEF ’ s DESK …
From compliance to ethical sourcing …, the journey so far has been full of challenges and conflicts . The players and stakeholders of the garment value chain , have struggled not only to come to terms with the realities of global business but also to follow the path , which is best for all .
The goal , as defined by the groups that are overseeing the change , sometimes seems too big to achieve in a short period of time . The degree of difficulty is even higher considering the fact that everyone wants to work towards ethical sourcing , but not everyone wants to bear the cost !
The dilemma of every business is the same – how to balance social and environment commitments of the future with profitability and sustenance today .
Which brings us back to the three intertwined circles of true sustainability – social , environment and economic . Unless an initiative or movement meets all the three goals , long-term sustainability is not possible .
Yet , demands for social sustainability and to a certain degree environment sustainability are now becoming a norm … almost like quality and timely delivery , which are non-negotiable .
So , the only factor that remains negotiable and , in all honesty , is the biggest deciding factor when placing an order is the ‘ price ’… the nature of the RMG sector is such that it always chases the lowest cost destination !
However , there is an urgent need to relook at this matrix . On one end , the buyers want an ethical supply chain , where every worker is given their due and the production process is environment-friendly , and on the other end , they still want to place orders with the factory that offers the best price !
The Bangladeshi entrepreneur is among the most proactive in the global garment industry … He is always willing to invest in his factory and on his people to stay in step with the expectations of the global business .
But , is he getting anything in return … tangible or intangible ? This is a debate that has been raging for long and will continue to dominate discussions and platforms around the world for many more years .
Every stakeholder has his / her own take on the debate and some buyers openly feel that since the industry has been exploiting workers for long , it is their duty to give a fair wage to these workers and this should not be the buyer ' s responsibility .
Encouragingly , there are some other buyers , who understand that changing overnight and adding additional cost in a highly competitive market can be suicidal for any organisation … These buyers are in their own way supporting their suppliers in this journey of change , not necessarily with better prices , but by improving efficiencies and managing business .
Whatever the scene , the pressure is on the factories and ethical sourcing is the direction . We can only hope that more and more buyers will stay loyal to the factories that strive to achieve this essential goal !
EDITORIAL TEAM
EDITOR-IN-CHIEF EDITOR DEPUTY EDITOR COPY EDITOR ASST . COPY EDITOR SUB EDITOR CREATIVE TEAM
PHOTO EDITOR OPERATION DIRECTOR
Deepak Mohindra Ila Saxena Deepankar Shyam Veereshwar Sobti Sahil Sehgal
Priyanka Mishra
Raj Kumar Chahal Peeush Jauhari Satyapal Bisht
Gaurav Naroola Mayank Mohindra
PUBLISHER &
Renu Mohindra
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8 Apparel Online Bangladesh | JUNE 2018 | www . apparelresources . com