The 10th anniversary Prime Source Forum gets set for international trade development beyond 2015
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By FashionUnited
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Prime Source Forum (PSF) will celebrate its 10th anniversary from 24th -25th March this year at the Holiday Inn Golden Mile Hong Kong, emphasising its role as a prime source of information and a meeting point for decision makers involved in textile fabrication, apparel manufacturing regions and fashion retail markets.
PSF was initiated to echo the quota elimination in 2006. From 2015 onwards international trade development of the industries is their key focus.
‘The Forum draws the potential from its ongoing support of the industry’s world leaders who like to come and share their ideas and experiences within this exclusive circle,’ pointed out Martin Keil, Managing Director of YEH SHEN Ltd who licensed PSF in 2013 from UBM Asia.
Hon. Adan Mohamed, the Cabinet Secretary of the Ministry of Industralisation and Enterprise Development from Kenya will offer a Keynote Address, plus distinguished speakers from multinational organisations, for instance, adidas, APL Logistics, Bayer MaterialScience, Business Social Compliance Initiatives (BSCI), Lanier Clothes, New Balance, PVH, TAL Group, Under Armour … who will share their wisdom over the two days.
‘The Generation C’s consuming culture remains a powerful change on sourcing strategies challenging the current sourcing models,’ commented Robert Sinclair, Chief Operating Officer of Li & Fung. The KPMG director, Pat Woo who will guide the audience with his panelists and discuss trend and demand projection, product strategy, inventory replenishment, and logistic arrangement to overcoming these massive changes.
‘The continuous pressure on prices is compelling buyers to keep shifting to newer and lower cost countries, resulting in less efficient production with perhaps longer sourcing cycles. On the other hand, uncertain demand, reduced margins and low risks push them to source closer to the markets, perhaps at higher costs. The question is where and how to strike the ideal balance,’ expressed Rahul Mehta, President of the International Apparel Federation, who will join the panel discussion about solutions to apparel sourcing in view of the changing global retailing landscape in the industry.
The Forum will delve into sourcing and offshore production in Africa. William Marshall, the trade agreement specialist from Baker & McKenzie will examine the financial benefits and deficiencies of offshore production, in view of worldwide geo-political instability.
The panel will follow with a debate on the role of Africa becoming the future global sourcing hub. Executives from PVH and VF buying offices will share their experiences of exploring the production opportunities in southern Africa.
Vice President of Bangladesh Garment Manufacturers and Exporters Association will join other panelists from Accord and Alliance to form the best solutions for the Bangladeshi factories to follow. Thomas Nelson of VF and Maren Barthel of the Otto Group will be the session panelists moderated by Christian Ewert of BSCI.
Senior executives who signed up to attend PSF2015 include representatives from Cotton Council, Crocs, Euro Centra, M&S, Marc O’Polo, Mast Industries/Victoria Secrets, MGB Metro, Perry Ellis, QuikSilver, Ralph Lauren, Target, Tesco, Uniqlo, Woolmark, etc. Visit primesourceforum.com/ for details.
PSF was initiated to echo the quota elimination in 2006. From 2015 onwards international trade development of the industries is their key focus.
‘The Forum draws the potential from its ongoing support of the industry’s world leaders who like to come and share their ideas and experiences within this exclusive circle,’ pointed out Martin Keil, Managing Director of YEH SHEN Ltd who licensed PSF in 2013 from UBM Asia.
Hon. Adan Mohamed, the Cabinet Secretary of the Ministry of Industralisation and Enterprise Development from Kenya will offer a Keynote Address, plus distinguished speakers from multinational organisations, for instance, adidas, APL Logistics, Bayer MaterialScience, Business Social Compliance Initiatives (BSCI), Lanier Clothes, New Balance, PVH, TAL Group, Under Armour … who will share their wisdom over the two days.
‘The Generation C’s consuming culture remains a powerful change on sourcing strategies challenging the current sourcing models,’ commented Robert Sinclair, Chief Operating Officer of Li & Fung. The KPMG director, Pat Woo who will guide the audience with his panelists and discuss trend and demand projection, product strategy, inventory replenishment, and logistic arrangement to overcoming these massive changes.
‘The continuous pressure on prices is compelling buyers to keep shifting to newer and lower cost countries, resulting in less efficient production with perhaps longer sourcing cycles. On the other hand, uncertain demand, reduced margins and low risks push them to source closer to the markets, perhaps at higher costs. The question is where and how to strike the ideal balance,’ expressed Rahul Mehta, President of the International Apparel Federation, who will join the panel discussion about solutions to apparel sourcing in view of the changing global retailing landscape in the industry.
The Forum will delve into sourcing and offshore production in Africa. William Marshall, the trade agreement specialist from Baker & McKenzie will examine the financial benefits and deficiencies of offshore production, in view of worldwide geo-political instability.
The panel will follow with a debate on the role of Africa becoming the future global sourcing hub. Executives from PVH and VF buying offices will share their experiences of exploring the production opportunities in southern Africa.
Vice President of Bangladesh Garment Manufacturers and Exporters Association will join other panelists from Accord and Alliance to form the best solutions for the Bangladeshi factories to follow. Thomas Nelson of VF and Maren Barthel of the Otto Group will be the session panelists moderated by Christian Ewert of BSCI.
Senior executives who signed up to attend PSF2015 include representatives from Cotton Council, Crocs, Euro Centra, M&S, Marc O’Polo, Mast Industries/Victoria Secrets, MGB Metro, Perry Ellis, QuikSilver, Ralph Lauren, Target, Tesco, Uniqlo, Woolmark, etc. Visit primesourceforum.com/ for details.
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