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

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

Indian inter-ministerial group to study e-commerce issues

Apparel/Garments | On 19th Apr 2018

Indian inter-ministerial group to study e-commerce issues

The Indian Government has set up an inter-ministerial group to study...

Interviews View All

Top executives
Textile industry

GST has levelled the playing field to an extent

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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