Home / Knowledge / News / Information Technology / Infor suggests technology adoption in textile sector
Infor suggests technology adoption in textile sector
14
Nov '16
Infor, a leading provider of business applications specialised by industry and built for the cloud, organised a Fashion Roundtable in Tirupur with the Confederation of Indian Industry (CII) and Tirupur Exporters Association (TEA). The importance of adoption of technology in the textile sector and trends in the fashion industry were discussed at the event.

Discussions at the Roundtable pivoted around the need for innovations to survive and stay profitable in the highly competitive textile industry. Garment, textile manufacturing and retail companies must adapt to changing customer tastes and preferences and respond quickly by making informed decisions.

The group also discussed the adoption of cloud for flexible, subscription-based delivery model, which can help lower IT expenditures while continuing to provide visibility across the global value chain with system-wide transparency for key stakeholders.

“Retailers today face several complexities in the marketplace – technological advances, the need for strong brand distinction, growing competition, price pressure, changing legislation, and lingering economic uncertainties—in addition to more savvy consumers. To thrive in such an environment, retailers need to build relationships with their customers by offering innovative services - by leveraging machine learning, cloud, comprehensive supply chain insights, and a beautiful user interface that is intuitive, so that they can stay nimble enough for perpetual evolution,” said Ashish Dass, vice president and managing director, South Asian Subcontinent, Infor.

The event was attended by representatives from the CII, TEA, an association of producers and exporters of cotton knitwear and readymade garments and one of the prominent industry bodies in the textile manufacturing belt of Tamil Nadu, as well as top officials from textile companies around Coimbatore and Tirupur.

“The textile and garment industry is highly competitive and is rapidly evolving in a dynamic landscape with changing government policies. We are happy to have leveraged Infor’s M3 solution which is industry-specific and has helped us consolidate processes, optimise cost and adapt to changing business conditions like GST. Implementation of technology is always a cause of concern for any enterprise, but Infor provided ‘One Solution, One Experience’ to all apparel and textile customers in real time,” said Krishan Lal, Sr VP and head - corporate IT, LNJ Bhilwara Group. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

S Korean fashion brands expand overseas amid slump at home

Fashion | On 17th Oct 2017

S Korean fashion brands expand overseas amid slump at home

South Korean fashion firms are keen on tapping into overseas markets...

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Top executives
Textile industry

The foremost issue is bridging the skill gap

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

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

Yes No

Active Poll

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

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

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

Yes No

Active Poll

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

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

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

Active Poll

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

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


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