A tool to explore the impact of the Fourth Industrial Revolution across the textile & apparel value chain.
The textile & apparel industry is unavoidably digitalising. Across industries, the digitalisation of supply chain processes has been overarchingly embraced as the Fourth Industrial Revolution (also known as Industry 4.0).
Its strength is palpable in industries including automotive and aerospace, yet despite the intrinsic ties between the textile & apparel industry and the First Industrial Revolution, the sector has fallen behind compared to the fast digitalisation of its peers. Nevertheless, as technological innovation seeks to answer some of the industry's longstanding issues — such as environmental footprint, production inefficiencies, rapidly changing (and increasingly individualised) consumer interests and contemporary bottlenecks such as the pandemic - digitalisation has gripped our traditionally conservative industry.
Today, most governments around the globe recognise the importance of implementing Industry 4.0 concepts within its textile and apparel manufacturing sectors to boost economy, competitivity, innovation, sustainability and supply chain resilience.
The tool below allows WTiN subscribers to peruse the textile & apparel supply chain. Users can read through summaries and explainers of the ways the industry is digitalising in various sectors, the latest WTiN content around the sectors, and data such as related patents, industry sentiment towards digitalisation and trending companies.