Product Leadership Ingredients

Product Leadership Ingredients

I was speaking to one of the product managers, who has established his company to trade recyclable dresses through an online platform.

He is expressing that his company is all about sustainable clothing.

I requested to share some tips about Product Leadership. how significant this skill is in building better products and solutions.

His platform empowers communities to trade old clothes and purchase new clothes which are produced out of recycled dress materials.

To take care of the environmental impact he has created this enterprise.

According to the?BBC, over 92 million tons of textiles are wasted every year as massive amounts of clothes end up in landfills, polluting the planet in the process.

Recycled clothes are re-made garments by reusing and repurposing materials from old, worn-out, and damaged clothes.

There are many benefits to purchasing and wearing clothes from recycled clothing brands.

Less water usage and landfill waste, fewer chemicals and carbon emissions, and as a bonus, the uniqueness of each style!

The World Wildlife Fund has estimated that it takes 8,500 liters (2,245 gallons) to raise 1kg (2.2 pounds) of cotton lint – enough to make one pair of blue jeans. The use of pesticides and fertilizers, in addition to water, makes the global textile industry one of the most polluting and waste-generating sectors in the world. Plenty of companies boast about apparel made from PET bottles, but when that item of apparel is no longer wanted, its disposal once again becomes a nagging issue.

He is performing reasonably well in his business.

Let us glance into the recycling steps

  • Collection of used clothes.
  • Classification is based on material, color, and structure.
  • Disassembly, crushing, dissolution.
  • Reprocessing, quality restoration, regeneration.
  • Integration into the future supply chain.

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All these steps demand a consumer mindset?change, Technology?injection to automate the steps to make them more real-time with ease of use. Significant domain knowledge, business acumen required to trade in this business.

Some of the product leadership attributes he shared that enabled him to start this product company are listed here.

All these attributes are desired to establish an outstanding product and solution. There could be many more, but these are essential to him.

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His major challenge is Fast fashion, which has caused an environmental disaster, and how can we establish a solution to take care of the Earth?

Product discovery and an innovative way of spurring fresh solutions into the market is an uninterrupted endeavor that he is carrying.

There are many elements that come into the picture as a part of the challenges.

  • The supply chain is one of them, where he has to associate with the individuals who would like to regularly sell their old clothes and assemble those and deliver those into the facility.

Once these Clothes are in the facility, Clothes are shredded, to extract fiber, turning them back into raw material. From thereon, the raw material is repurposed accordingly.

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He needs to find a procedure to engage users to his website or business model to use recyclable clothes. Sell and buy to control operating costs.

  • Another challenge is dealing with the sustainable business model. He is dealing with financial institutions and governments to incentivize responsible companies and go beyond carbon credits and tax breaks that will encourage responsible governance of the business.

Recycling includes dismantling the main or original part, smashing it, and then regenerating it into new wire. Which requires a high level of integration throughout the value chain; also it is based on technology developments. Establishing a support system is vital to making recycling financially, technically, and logistically feasible.

  • Maintaining The Global Recycled Standard (GRS), which is a voluntary product standard for tracking and verifying the content of recycled materials in a final product. This GRS helped to enhance product selling because it provided brands with a tool for more accurate labeling; encouraged innovation in the use of reclaimed materials; established more transparency in the supply chain, and provided better information to consumers. He has to constantly maintain the standard to build a credible business platform.
  • Another challenge with data management. Monitoring reports on the collected, reused and recycled material should be created, with the data provided by these institutions together with the information obtained from the municipal points. With this documentation, reliable and objective data can be obtained from the work being carried out to reduce the environmental impact that textile waste causes and which will increase if there is no control over them. Need to always find an integrated solution to calculate those. As a Product team, all the team members need to work together to quickly come up with such a solution.
  • Managing textile workers with the appropriate remuneration and with the appropriate working conditions is also a significant challenge. He has outsourced this work to the appropriate vendor, but he has to be watchful about the practices those vendors use. The brand credibility standard is influenced by these vendors. He has to deal with those stakeholders well to maintain this business.

Thanks to his support to share his knowledge in product leadership and he is still maturing these skills and capabilities. He says miles to go before he sleeps

Toral Patel

Vendor Relationship Mgt | Project Management | IT & Ops Management | Banking & Finance | Third-Party Risk Mgt

2 年

Nice ????

Muthukumar Gopalakrishnan

Solutions Architect @ Relevantz | Design Thinking, Digital Transformation, Generative AI, AI/ML, Blockchain, and Metaverse

2 年

Excellent. I am learning from you.

Harshitha Vate

Certified Scrum Master (PSM-I, CSM) | ITIL? 4 | Master of Computer Application | Senior Consultant | Project/Product Management | Digital Transformation

2 年

Great Initiative! Is there a way I can get more info on this company? Their website may be. Thanks.

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