Our capabilities for worldwide procurement and sourcing enable us to deliver to our customers competitive, high quality and low cost goods on a timely basis. We have an extensive established network of worldwide sourcing partners that enables us to meet our customers' needs in an efficient manner and not rely on any one vendor or factory or on vendors or factories in any one country. We also operate a network of wholesale and retail distribution centers that we believe has sufficient capacity to accommodate planned growth, as well as additional brands we may license or acquire.
We are continuing to develop strategies and make investments in people and locations that enhance our ability to provide our customers with timely product availability and delivery. Our investments are focused on allowing us to reduce the cycle time between the design of products and the delivery of those products to our customers, while increasing service levels, reducing inventory exposure and improving quality and consumer value. We believe the enhancement of our supply chain efficiencies and working capital management through the effective use of our distribution network and overall infrastructure will allow us to better control costs and provide improved service to our customers. The integration of Warnaco's sourcing network has been a key element to our strategy to realize efficiencies. As our supply chain shifts from a single destination focus to a global distribution network, we continue to assess our manufacturing footprint to ensure we have the best infrastructure to meet the future needs of our global wholesale and retail businesses.
We are committed to the health, safety and well-being of the workers throughout our supply chain and to the integrity of our products. We actively work to educate our associates and partners and improve factory conditions, as well as continue to invest in the communities where we do business.
These and other Corporate Responsibility issues are key considerations with regards to our supply chain. Please click here to learn more about Corporate Responsibility at PVH.
"We are committed to the health, safety and well-being of the workers throughout our supply chain and to the integrity of our products."
- Bill McRaith
Chief Supply Chain Officer