April 28, 2021
On April 28, Invest HK and the World Textile Information Network (WTIN) co-hosted a webinar on “Innovation and Sustainability: Trending Textiles”, featuring speakers from the HK Economic Trade Office, HKRITA, Sung II International Company, AmCham, and InvestHK. Alongside these speakers, Vivek Ramachandran, CEO of Serai, discussed the challenges and opportunities in the post-COVID world and how Serai can help them. Watch the full recording and highlights below!
The world has changed in a few key ways. From travel to data, trust, transparency, mix, and economics, nothing remains the same as before COVID. Therefore, companies need to adjust and adapt using digital tools to move past the current industry challenges. The only issue is the apparel industry has a relatively low digital quotient. There are a lack of incentives for proactive data sharing and transparency. Data is scattered through the ecosystem, and there are no consistent tools or standards adopted across the industry. A new way of thinking is required to move the industry forward. This includes product-level traceability, incentives for data providers, easy access to insights, and independent verification.
Serai can help businesses work towards this new mindset to make their processes more efficient and transparent. Join today to start your journey into a better future.
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