The company coordinates directly with its suppliers and manufacturers throughout product development and production, emphasizing quality control. Its primary fabric technology, FIONx, is used in most products. An in-house team manages fabric and trim suppliers as well as production schedules. Quality standards are maintained through both internal and third-party quality control processes. Finished products are purchased on a purchase order basis without long-term supplier agreements, although the company maintains long-standing vendor relationships. The company also sources new suppliers to support innovation and growth, particularly outside of scrubwear. Ethical practices are emphasized, with Tier I Suppliers required to comply with a Vendor Code of Conduct aligned with international labor standards and fair labor practices.
Figs Inc's Comment on Supply Chain
The company coordinates directly with its suppliers and manufacturers throughout product development and production, emphasizing quality control. Its primary fabric technology, FIONx, is used in most products. An in-house team manages fabric and trim suppliers as well as production schedules. Quality standards are maintained through both internal and third-party quality control processes. Finished products are purchased on a purchase order basis without long-term supplier agreements, although the company maintains long-standing vendor relationships. The company also sources new suppliers to support innovation and growth, particularly outside of scrubwear. Ethical practices are emphasized, with Tier I Suppliers required to comply with a Vendor Code of Conduct aligned with international labor standards and fair labor practices.
Sources:
Figs Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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