QIMA’s Q2 Barometer: As Businesses Look to Leave ‘Crisis Mode’ Behind, Diversification Continues While Ethical Compliance and Quality Take a Hit
QIMA’s quarterly barometer report shares the latest global quality, compliance and trade trends based on the data analysis from tens of thousands of QIMA inspections and audits.
This quarter’s barometer looks at:
- China’s regional competition going strong – as brands and retailers continue diversifying their sourcing, which of Asia’s manufacturing hubs are emerging as favorites?
- The pandemic-related disruptions accelerate the pace of digitization – are digitized supply chains really more resilient in the face of such sourcing challenges as supplier communication and product quality?
- Ethical violations at a three-year high – while brands and factories slowly emerge from “crisis mode”, are their resources still stretched too thin to address ethical compliance in supply chains?