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SAI launches FairCapacity platform to build trust between Buyer-Indian Apparel Suppliers

Updated: Dec 14, 2021 10:56:14am
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SAI launches FairCapacity platform to build trust between Buyer-Indian Apparel Suppliers

New Delhi, 14 Dec (KNN) The Social Accountability International (SAI) has launched Blockchain-enabled FairCapacity platform, in India last week to strengthen buyer-supplier relationship and improve consumer confidence in Indian apparels, said the press release.

Garment makers in India can access the platform at no cost and gain prioritized access to digital tools and free training.

Commenting on this, Dr A Sakthivel, Chairman, AEPC said, “Indian apparel sector has come a long way in improving the working conditions for the garment workers. We at the Apparel Export Promotion Council (AEPC) consistently inform and encourage our members to meet the highest standards of social compliance.”

He also said, the launch of FairCapacity platform is a welcome step as it will further showcase our commitment towards delivering international quality apparels while safeguarding the health and safety of our workers. 

The FairCapacity platform, works towards improving working conditions in the supply chain, gives buyers greater visibility into their supply chains and rewards responsible suppliers with access to buyers. 

It helps suppliers in capacity measurement and planning.

“Companies that proactively make sustainability a part of their strategy will drive innovation. With the help of this platform, industries can effectively manage the risks and demonstrate good compliance mechanisms that are in place,” Dr Sakthivel said.

The platform includes a production capacity calculator and a mechanism for improving capacity measurement and forecasting practices. 

Apparel manufacturers face various business pressures. At times, they take on more last-minute orders and find themselves at increased risk of excessive overtime and unauthorized subcontracting.

“FairCapacity platform is expected to address these problems. It will add transparency, forge better buyer-supplier relationships, increase consumer confidence, generate more responsible business and benefit the bottom line,” he added.

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