Risks in Supply Chain of Textile Industry

Running head: STRATEGIC PROCUREMENT
Strategic Procurement
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1STRATEGIC PROCUREMENT
Table of Contents
Introduction................................................................................................................................2
Risks in Supply Chain of Textile Industries..............................................................................2
Material Flow Risk in Textile Industry......................................................................................4
Conclusion..................................................................................................................................5
References..................................................................................................................................7

2STRATEGIC PROCUREMENT
Introduction
In general, the demand associated to the business environment and the trends in the
emerging markets associated to the textile industry is seen with the presence of intricacies
and dynamism associated to the industry. The risks in the different areas of the SCM in the
textile industry are depicted with production planning, inventory, maintaining of inter-
organizational relationships and performance measures. Moreover, the concept of fast fashion
is overcoming the traditional practices in the apparel industry. The main discourse of the
report has considered the different nature of risk in the textile industry. In addition to this, it
has also considered the various implication of the risk areas along with the recommendation
plan for such risks (Börjeson and Boström 2018).
Risks in Supply Chain of Textile Industries
The main classification of the risks in the supply chain needs to be considered as per the
following points:
Supply Management
The risks pertaining to the supply management in the textile industry needs to be
identified as per the following heads:
 Supply Network Design
 Supplier Relationship
 Process of the supplier selection process
 Uncertainties of demand, supply lead times, supply cost and supply capacity
pertaining to supplier order allocation
 Supply Contracts (Nazam et al. 2015)
Demand Management