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Suuchi to bring apparel supply chain innovation at Magic

Aug '19
Pic: Suuchi
Pic: Suuchi
Suuchi Inc, the next generation supply chain platform for fashion brands and retailers, will bring its insights on US-based apparel supply chain innovation to Magic Las Vegas, from August 12-14. The award winning tech company will exhibit (booth # 100119 - South Hall level 2) alongside category leaders and emerging fashion brands at the show.

Founder and CEO Suuchi Ramesh will be a presenter at the show. Her session, 'Transforming Made in USA Apparel', will highlight how Suuchi’s proprietary technology, the Suuchi GRID, combined with its curated network of suppliers and manufacturers, is enabling apparel brands to manage execution risk across their supply chain, said Suuchi in a press release.

The Suuchi GRID is a cloud-based technology, which connects Suuchi's curated network of more than 200 materials suppliers and more than 300 US-based factories. It provides an integrated data store across the entire supply chain to deliver transparency from design to distribution. It is helping more than 200 emerging to established fashion brands double their margins, deliver product to market up to 20 times faster, while reducing excess inventory, markdowns and landfill waste.

"American fashion brands and Fortune 1000 companies already use Suuchi to improve profits and shorten production and delivery times. Amid tariff threats, they're also looking to us to hedge the risk associated with overseas manufacturing," said Ramesh. "We're helping them geographically diversify their supply chain, with a primarily US-based solution, and transform production in an incredibly cost-effective way." Her speaking session will be held on August 13, 9:30-10:30 am, South Hall, Level 2 #S229.

The company's presence at this major industry show comes amid rapid growth for the company, named 'Innovator of the Year' by Apparel Magazine in June this year. Since securing series A funding in April, Suuchi has expanded headcount by nearly 40 per cent and expects to add 50 additional employees by year end. The company is already a recipient of a more than $37 million tax grant offered as part of New Jersey's Economic Development Authority’s Grow NJ initiative.

The company's newly appointed senior leadership team includes: VP of sales Brian Reavell, formerly holding senior roles at ADP; VP of technology Thomas Bardinas, most recently serving as head of technology at Fan Loyalty and Rewards Marketplace firm Sweet; VP of product Andrew McKenna, former lead of S&P Capital IQ’s real-time unit and VP of platform delivery Donna Spillane, who brings deep experience in global sourcing and product development for fashion names including Alice & Olivia, JCrew, Club Monaco and Izaac Mizrahi.

"As we take Suuchi into its next phase with steady growth in New Jersey and across the Americas, I look forward to sharing my perspective on faster, smarter, digitally transformed manufacturing with the wide range of brands attending Magic," added Ramesh. (PC)

Fibre2Fashion News Desk – India

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January 2022

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