Technology like ThreadSol is key to accelerate Sri Lanka’s apparel export
Textiles and garments industry in Sri Lanka depends heavily on imported raw material and accessories. More than 70 per cent of the raw material and 70pct -90pct of the accessories used in this industry are imported. Since fabrics and accessories account for more than 70pctof the cost of production, lack of backward linkages is a major constraint to the development of this industry.
ThreadSol, an Enterprise Material Management provider for the sewn products industry, has been successful in saving upto 10pct fabric for garment manufacturers in Sri Lanka with its innovative solutions, intelloBuy and intelloCut.
ThreadSol’s IntelloCut is a material planning and optimization solution for the sewn products industry. With the help of its advanced algorithms, IntelloCut gives the most optimized fabric usage plan for the optimized cutting and wastage reduction. ThreadSol’s IntelloBuy is a material estimation solution for the sewn products industry. It is the second product by ThreadSol, IntelloBuy gives accurate buying consumption for a particular style which saves millions of dollars of material cost at fabric buying stage.
ThreadSol has successfully partnered with the largest manufacturers in Sri Lanka including MAS Holdings, Orit Apparels, EAM Maliban Textiles, Omegaline, Crystal Martin, Brandix, Hirdaramani and helped them reduce their wastage to under 1pct.
Aroon Hirdaramani, Director- Hirdaramani Group is using ThreadSol’s intellocut in 10 of their factories across Sri Lanka, Bangladesh and Vietnam. He says, ‘ThreadSol’s IntelloCut has improved our cutting efficiency by effectively handling multiple fabric groups and planning all end pieces which would otherwise be wasted. This is a solution we would recommend without hesitation.’
ThreadSol aims to induce the apparel industry with the current technology prevailing in the world and provides all real-time information of the factories to manufacturers on their mobile phones.
‘One of the biggest improvements I get from intelloCut is the intelligence to command the process from the beginning- right from the fabric store to the cutting floor. It’s like a common thread functioning in the factory that allows for an efficient feedback system. This coupled with automation can get us to become the best in the domain,’ said Felix Fernando, CEO- Omegaline.
Azeem Ismail, Managing Director, EAM Maliban Textiles is using ThreadSol’s intellocut in 10 of their factories across Sri Lanka, Bangladesh and Vietnam. He says, ‘IntelloCut has reduced our effort by effectively handling multiple fabric groups and planning all end pieces which would otherwise be wasted. Indeed a solution worth recommending.’
‘IntelloCut is a powerful business tool that has helped us standardize our cut planning process to achieve consistently high utilization of our fabrics across all sites,’ said Colin Vose, COO- Crystal Martin Sri Lanka.
‘Sri Lanka’s apparel manufacturers have realized the gravity of targeting fabric cost to increase their profits. In order to stay competitive they need to automate their processes by using the right technology. We are proud to stand by them in these evolving times,’ said Prateek Nigam, Country Manager (Sri Lanka) – ThreadSol.
ThreadSol demonstrates an entire range of enterprise material management solutions, which can help Srilanka’s apparel manufacturers save enormous material cost and boost major profits by upto 50%, in an industry that is heavily dependent upon economic priorities.
ThreadSol was established in 2012 launching its pioneering innovative solutions to challenge the predominant method used by manufacturing industries. In the short span of its operations, ThreadSol has offices in Delhi, Bangalore, Jakarta, Colombo, Istanbul, Ho Chi Minh City and Dhaka. With over 100 success stories around the world, ThreadSol is a name synonymous with consistent material saving and sustainable profit.For more information, please visit www.threadsol.com
