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By Aadi Vaidya, Chief Operating Officer, Zilingo
How Zilingo is Harnessing Technology to Build a Fair, Transparent and Connected Fashion Value ChainThe world of fashion is abuzz with booming trends such as e-commerce and omni-channel retail. All eyes are on major players to make the next big move in consumer fashion, but how many are looking upstream? The global fashion supply chain is a multi-trillion-dollar industry that remains largely unaggregated and underserved by tech. It is a network ridden with dated processes, resulting in inefficiency, poor connectivity, and minimal transparency. Issues are pervasive at all levels of the value chain—from the smallest garment factory which lacks digital capabilities to some of the largest fashion brands which have low to no real-time visibility over an order. As the industry continues to grow and evolve, two things are for certain: one, that there are huge upstream opportunities in fashion, and two, that the ultimate solution lies in leveraging technology. Technological solutions to age-old issues The fashion value chain is a prime example of an industry bogged down by legacy infrastructure and processes. For an industry as large as it is, this presents massive opportunities for technology players to step in and plug the gaps.