Home / Knowledge / News / Information Technology / 100 delegates attend 'New Economics of Fashion' workshop
100 delegates attend 'New Economics of Fashion' workshop
31
Mar '14
Bangladesh is still the hotspot for apparel sourcing and will remain one of the leaders in apparel production in the coming decades; over 100 delegates at a Fashionomics workshop in Bangladesh were told.

Fibre2fashion in association with Infor, one of the world’s largest suppliers of enterprise application solutions and services to the Fashion industry, and Brandix i3, an Infor Global Alliance and Direct Services Partner, organized a workshop “Fashionomics 2014 – The New Economics of Fashion” on March 20, 2014 at Dhaka – Bangladesh.

This by-invitation only workshop witnessed attendance from over 100 delegates, including senior management, officials and professionals, representing various apparel manufacturing companies, brands and retailers based in Bangladesh.

The panel on the dais included Mr Robert Mckee - Infor’s Global Fashion Industry Strategy Director, Mr Niranjan Vaidyakularatne, Head of Consulting at Brandix i3, Sri Lanka, Mr Piyush Vyas, CEO - BD Designs Pvt. Ltd., Bangladesh, Mr Syed Naved Husain, CEO of Beximco, Mr Syed Ishtiaq Alam, Director at Ananta Group and Dr Abu Sadat Muhammad Sayem, Associate Professor - Department of Textile Engineering at South East University.

The workshop began with a welcome speech from Mr Vyas who said, “Bangladesh is still the hotspot for apparel sourcing and will remain one of the leaders in apparel production in the coming decades”.

Next was Mr Vaidyakularatne, who introduced Brandix i3, which is a business improvement and enterprise application specialist firm compromising of more than 170 multi-skilled professionals and also is a Infor Global Alliance direct service partner. He explained technical & business features of Infor M3 & HCM system.

Mr McKee – the keynote speaker who is also known as an ‘Industry Guru’ gave a presentation on the theme of the workshop ‘Fashionomics 2014 – The New Economics of Fashion’.

He gave an introduction on Infor M3 ERP system and discussed its strategical strengths and key benefits. He talked about operational dynamicity, assumption of consumers demand & multi channel consumer interaction, relation between manufacturer-consumer & manufacturer-buyer & their impact on business.

He concluded by saying, “Smart technology is essential to have a profitable fashion business”.

Mr Naved Husain and Mr Ishtiaq focused on the strengths of the Bangladesh apparel business and explained how the adoption of technology could assist in product innovation, value addition and overall industry skill development. They also stressed that costs in Bangladesh were rising and so adoption of technology could help optimize each & every input at various stages of production.

Dr Sayem revealed that the country’s textile universities were researching on sustainable product development and reducing production costs through virtual simulation (3D). He stressed that in these competitive times, mutual cooperation between universities & industries is the demand of time.

The last presentation of the evening was from Mr Viren Mehta – Marketing Head at fibre2fashion, who explained the various services offered by the portal which could prove helpful to the Bangladeshi textile and apparel industry to increase its business in global markets. 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

C Dhandayuthapani

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

Kevin Nelson
TissueGen

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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
77.6%
No
13.4%
Skip
9.0%

Total Votes: 67

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
61.2%
No
28.4%
Skip
10.4%

Total Votes: 67

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
85.1%
No
10.4%
Skip
4.5%

Total Votes: 67

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
74.6%
No
11.9%
Skip
13.4%

Total Votes: 67


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