Home / Knowledge / News / Textiles / Coats launches 'Colour StockMatch' to manage thread stocks
Coats launches 'Colour StockMatch' to manage thread stocks
26
Jun '13
World leading industrial thread and consumer textile crafts business, Coats plc launches Coats Colour StockMatch, a new and proprietary service to effectively manage and utilise excess thread stocks, a long term problem area in garment manufacturing. 

Coats’ new Coats Colour StockMatch tool helps customers keep track of thread stock quantities in warehouses as well as providing a solution for faster thread sampling.

A factory with five hundred sewing machines will typically have between 40,000 to 60,000 excess thread cones in the warehouse.  The excess thread is usually only eliminated by selling to dealers or traders at heavily discounted prices. 

Thread is currently ordered against each finished goods production run, taking into account style, size and colour. As thread has to match fabric, it is difficult to check thread stocks in the warehouse before making fresh orders. Therefore often a new order is placed when a close enough thread match may already exist in the warehouse. As a result this causes delays in prototype sampling as customers await a new order and exacerbates the excess stock issue.

Coats Colour StockMatch provides a solution to both thread problems. Using the electronic Capsure device which can be preloaded with the customer’s shade cards, the nearest thread match can now be conveniently and accurately identified from existing excess thread stocks.

Frazer Smith, Chief Commercial Officer, Coats plc, said: ‘Coats Colour StockMatch was developed in response to customer feedback and our own research which found that typically 15% excess thread is ordered as standard to take into account built in efficiency factors such as machine operator capabilities, thread breakage and waste. Coats Colour StockMatch further demonstrates our commitment to sustainable, efficient cost effective solutions that meet our customers’ needs.’

About Coats

With a rich heritage dating back to the 1750s, Coats is the world's leading industrial thread and consumer textile crafts business, at home in more than 70 countries, employing 20,000 people across six continents. Revenues in 2012 were US$1.7bn.

Our well-known brands and strong relationships with customers and consumers mean our products and services meet current and future needs. Our company-wide understanding of our business partners and consumers, coupled with the deep expertise of our people, builds trust and certainty.

Coats

Must ReadView All

Textiles | On 27th Feb 2017

Surat to get a mega textile park, centre of excellence

The textiles ministry is positively working on the proposals for a...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: Invista

Textiles | On 27th Feb 2017

Invista explores alternatives for apparel & textile trade

Invista, one of the world's largest integrated producers of chemical...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search