Risk Management

Managing a global supply chain is complicated. When one product has 80 or more different supplier nodes, it can be a difficult and cumbersome task to put systems in place to ensure the integrity of your supply chain.

Most companies are aware that their global supply chains are vulnerable to risks, but not many are prepared to manage those risks. Companies can no longer afford to turn a blind eye to what is happening in their supply chain. Supply chain integrity can help companies practice better risk management and avoid financial loss from product recalls or launch delays as well as late deliveries and shipment problems.

Key Priorities and Initiatives

  • The OIA Sustainability Working Group, whose scope of work includes chemicals management, materials traceability, social responsibility, and product indexing, is committed to developing tools and resources that help companies better monitor their supply chains and mitigate risk
  • Bringing in key topics, speakers and educational opportunities to the Sustainability Insights Conference at both Outdoor Retailer Summer and Winter Market, which provides outdoor industry professionals an opportunity to stay apprised of industry trends, potential threats, and best practices around supply chain management
  • Industry adoption of the Higg Index 2.0 Web Tool, an indicator based assessment tool for apparel and footwear products designed to assess environmental sustainability performance and highlight areas for improvement