Maximize your media exposure with our single PR package
Innovate UK funds to support projects of £1.5 mn: UKFT
14 Jul 20 2 min read
UK Fashion & Textile Association (UKFT) has announced that the funding is now available to help UK manufacturers to develop innovative digital technologies that will transform their supply chains. The fund from Innovate UK will support projects up to £1.5 million and aims to create a more efficient, productive, flexible and resilient UK manufacturing sector.
Advertisement
Projects covered include those seeking to improve existing supply chains, those looking to redesign or re-engineer supply chains; or those aiming to design completely new ones for new products or processes.
According to the press release by UKFT, there are two separate strands running simultaneously: one for feasibility studies and another for industrial research. Businesses interested in finding out more about the fund can join an online briefing event to be held on July 14.
Projects can cover supply chain design or execution: Supply chain design - covering effective risk management; inventory optimisation; sustainable supply chains for increased flexibility; warehouse & logistics optimisation; confidence in shared data; and new business models that affect the configuration of the supply chain; and Supply chain execution - covering demand management, sensing and shaping; proactive use of use of demand data; delivery performance; improved decision-making through analytics; production planning or scenario modelling; and track-and-trace technologies.
Fibre2Fashion News Desk (JL)
Popular News
|
|
Chemours pauses TiO2 production at Altamira amid Mexico drought |
|
|
Rising volatility in China's container market: Container xChange |
|
|
The LYCRA Company & Killer Jeans partner to expand in Indian market |
|
|
Global manufacturing PMI reaches 22-month high in May 2024 |
|
|
Artistic Milliners & Germany’s Vizoo partner for material digitisation |
|
|
ICE cotton prices plunge to new low on weak demand |
