Levi's CFO: Technology Can Ease Supply Chain Pain

The video discusses the challenges of bringing products to market amid supply chain disruptions and pricing issues. It highlights the importance of diversified sourcing and cost management strategies. The brand's pricing power and revenue recovery post-pandemic are emphasized. Future supply chain strategies, including globalization and diversification, are explored. Technological innovations, such as the RFLX program, are presented as key to improving production processes.

What is one strategy mentioned to handle supply chain disruptions?

• Reducing the number of suppliers

• Diversifying sourcing across multiple countries

• Increasing production in a single location

• Relying on a single country for sourcing

How did the company manage costs during the pandemic?

• By cutting down on marketing expenses

• By leveraging global buying power

• By increasing the number of suppliers

• By reducing the quality of products

What financial goal did the company achieve post-pandemic?

• Reducing costs by 50%

• Increasing revenues by 10%

• Expanding to new markets

• Matching 2019 revenues with higher margins

What is the RFLX program focused on?

• Increasing the number of retail stores

• Using lasers to finish denim products

• Outsourcing production to other countries

• Reducing the number of employees

What is a key consideration for future supply chain strategies?

• Reducing the number of products offered

• Learning from the pandemic experiences

• Ignoring technological advancements

• Concentrating production in a few countries