Home / Knowledge / News / Textiles / Coats & GSD ally to hike output in sewn products sector
Coats & GSD ally to hike output in sewn products sector
20
May '14
Coats plc, the world’s leading industrial thread and consumer textile crafts business, and GSD (Corporate) Ltd announce an important strategic alliance. GSD, a UK based company, supplies expert management solutions that analyse time, cost and production capability in the sewn products sector with the focus on maximising productivity and controlling costs. 
 
Coats and GSD will collaborate on offering their respective management solutions to maximise productivity and drive down costs in the manufacturing sector, with GSD providing time-cost benchmarking and Coats offering consulting and technical production expertise, for retailers, brands and their supply chain vendors.  A key element in this process will be to analyse working methods and manufacturing procedures, including machinery and associated equipment requirements, to provide internationally accepted and globally recognised GSD based Standard Minute Values (SMV).  
 
The SMV is invaluable to brands and manufacturers worldwide as it facilitates fact based decisions on multiple aspects of production, including unit cost, production targets, operator performance, factory efficiency, wage levels, location and ethical sourcing, as well as identifying thread demand and highlighting potential improvements in productivity.  
 
Paul Forman, Group Chief Executive, Coats plc, said, ‘GSD is an innovative company and a world leader in its field of expertise.  This strategic alliance further strengthens the position of Coats Global Services by providing a valuable addition to the portfolio of products and services we are able to offer our customers.’
 
Paul Timson, Managing Director, GSD (Corporate) Ltd, said, ‘This is an important strategic step for GSD and we are delighted to be working with Coats, which is a recognised global leader.  This alliance provides further recognition of our world leading management solutions and consolidates GSD’s position as the accepted international standard in work measurement and productivity improvement.  
 
The combination of GSD’s specialist technical knowledge, data integrity and industry experience married to the global reach, industry stature and consulting expertise of Coats, creates a unique and exciting offering.’      
 
Coats Global Services was launched in response to customer demands to help them achieve operational excellence across manufacturing, sourcing and colour management.  It provides technical services, consulting, training, accreditation and technology solutions.  Once GSD’s management solutions have defined and predicted manufacturing methods and labour costs for brands and manufacturers, Coats Global Services can then collaborate with them on how to optimise production and speed to market. 
 

Coats Plc


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Lynda Kelly
Suominen Corporation

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X