Home / Knowledge / News / Information Technology / IT solutions offer additional benefit to textile sector
IT solutions offer additional benefit to textile sector
22
Aug '13
By installing new and advanced software, the textile industry will have the benefits of better visibility, more productivity, increased consumer relation and access to information that allows for better decision making.

In an interview with fibre2fashion, Mr. Paul Magel, president of application solutions at CGS, a leading global provider of end-to-end, technology-enabled business solutions, said, “By having technology solutions employed along the textile supply chain, there is better visibility, more productivity and access to information that allows for better decision making.”

“There are many downward pressures on prices for textile and apparel sector and in order to be able to lower prices, the costs along all aspects of the supply chain have to be lowered. One of the ways to do this is through the use of technology,” he explains.

Talking about the role of IT solutions in apparel sector, Dr. Andreas Seidl, CEO of Human Solutions, a software solutions provider for fashion and other sectors, says, “It takes on an average between 4-5 years to develop a new car model, but a new fashion collection is in the stores almost every month. Speedfashion can only be achieved through new technologies and IT solutions can really make an impact here.”

According to Mr. Magel, technology is also driven by the garment retailers. “Retailers are demanding much more accuracy and accountability from their suppliers in regard to distribution of goods to their doors as well as for vendor managed inventory and replenishment. The retailers’ rules can only be accomplished through the advanced use of technology,” he says.

“Without the technology in place, retailers will not do business with suppliers and if they do, the charge backs for non-compliance are prohibitive to make a profit,” he concludes.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
March 2017

March 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