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CHAPTER 3 | MATERIAL BECOMES CREATION

participated in projects through partnerships with
companies, research centres and universities.
IN MANAGING ITS BUSINESS ACTIVITIES,
In June 2021 the SMART4CPPS (Smart Solutions for THE RATTI GROUP IS COMMITTED TO
Cyberphysical Production Systems) joint research RESPECTING ETHICAL AND MORAL
and innovation project, which had been financed VALUES THAT ARE DEFINED ON THE
by the Lombardy Region, came to an end. In this BASIS OF PROBITY, HONESTY AND
project, as well as in relation to devices used in TRANSPARENCY, AND REQUIRES ITS
product traceability, Ratti has carried out a POC SUPPLIERS TO ACT IN LINE WITH
(proof of concept) for an innovative RFID label THE SAME PRINCIPLES WHEN MANAGING
which could be applied to a swatch of fabric. The THEIR COMPANIES.
idea would be to preserve integrity and function
across the entire production cycle, without any
damage to the textile.

Ratti is also developing, in partnership with a team The suppliers'code
of data scientists, software to analyse demand
based on stochastic analysis and predictions In managing its business activities, the Ratti
using neural algorithms. Group is committed to respecting ethical and
moral values that are defined on the basis
Finally, Ratti is one of the partners in the STARTUP of probity, honesty and transparency, and
BOOTCAMP project. The objective is to select the requires its suppliers to act in line with the same
best innovative start-ups operating in Fashion principles when managing their companies.
The Ratti Group has worked to make the
Tech in Europe and beyond, and to accelerate Suppliers’ Code and the Code of Ethics
their growth through mentorship and business an integral part of supplier contracts, as a
development programmes, putting them in prerogative for continuing such relationships.
contact with investors and other businesses. To ensure supplier compliance, the Group
The programme has enabled partners to reserves the right to check that the principles
meet and become acquainted with start-ups stipulated have been complied with. The
committed to developing business projects contents of the Suppliers’ Code focus
focused on technological trends involving the specifically on respecting human rights
fashion value chain. and working conditions, safeguarding the
environment, the fight against corruption and
respect for intellectual property.
In 2021, Ratti met with a number of start-ups
operating in the textiles and digital field and, with
some of these, has begun to carry out a detailed
study and verification of the proposed innovations.

3.4

A virtuous circle of good
practices

Selecting suppliers
Ratti targets maximum reliability and quality in its
daily operations. This means management which 3 The acronym represents
the first letters of the original
is accountable and sustainable and which is Almost all the Group’s purchases are made by name of the company in
solidly anchored in values and a company policy Ratti SpA. The foreign subsidiaries in Tunisia German: Systemanalyse
that also includes its approach to the supply and Romania purchase a negligible quantity of Programmentwicklung, i.e. the
development of programmes
chain. Operating at international level, the Group materials, following the recommendations of for analysing systems. Today the
interfaces with businesses and organisations in compliance with local regulations which favour official name of the company is
Italy and abroad. This is why selecting suppliers the use of substances that have less impact SAP SE – with SE standing for
Societas Europaea, a joint-stock
and managing relationships with them in the right on the environment and that are suitable for company set up in compliance
way is a theme of fundamental importance. This recycling, as set out in the Environmental Policy with the company law of the
creates an opportunity to generate value in the of the foreign companies. Purchases of chemical European Union. For further
information see the link: https://
complex textile-fashion supply chain. substances and dyes are all carried out by www.sap.com/italy/index.html

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