Next Plc: Fashion Risks & Sourcing Agility
Former Sourcing Director at Next
inpractise.com/articles/next-plc-fashion-risks-and-sourcing-agility
Former Sourcing Director at Next
Interview Transcript
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Yes, they've always done that in Bangladesh to maximize product margins.
Yes, but now they're buying less and deeper, being more strategic. They've always planned. Previously, they negotiated hard but without long-term commitments. Now, they're entering joint business plans or partnerships with specific factories or suppliers, benefiting from longer-term commitments.
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