Glossary

In the context of the textile sector, the value chain refers to the entire process of producing textiles, from raw materials to the finished product. Each stage adds value to the product, transforming raw materials into usable goods.

In the context of supply chains, the volatility refers to the degree of unpredictability and fluctuations in the supply chain's performance. This can include sudden changes in supply and demand, disruptions in production or transportation, price fluctuations, and other uncertainties that can affect the smooth flow of goods and materials.