Coats Digital has announced that Egyptian knitted garments manufacturer Dice Sports and Casual Wear has achieved a 16% efficiency increase on its production lines and reduced its core style Standard-Minute-Values (SMVs) by 11%, following the successful first phase rollout of GSDCost solution. DICE chose to adopt GSDCost at the beginning of 2022 to help it overcome a series of costing, planning, and manufacturing inefficiencies. The company realized that capacity planning and subsequent order cost quotations were not founded on accurate data but were instead based on historically recorded experiences via Excel spreadsheets and emails.
Coats Digital informs that, with no Plan vs. Actual data onboard, capacity plans often did not align with the reality on the shop floor. The lack of a standardized method across all its manufacturing units consequently resulted in various costings and production efficiencies, inconsistent line layouts and line balancing on the shop floors, and lower productivity, negatively impacting OTDP targets and overall profitability.
Coats Digital’s GSDCost method analysis and predetermined times solution is widely acknowledged as the de-facto international standard across the sewn products industry. The solution supports a more collaborative, transparent, and sustainable supply chain where brands and manufacturers establish and optimize ‘International Standard Time Benchmarks’ using standard motion codes and predetermined times. This common language and standards support accurate cost prediction, fact-based negotiation, and a more efficient garment manufacturing process while concurrently delivering on CSR commitments.
Coats Digital’s enhanced feature of a globalised Fair Wage Tool combines the international standard time for any given style with detailed factory efficiencies, contracted hours, and the fair living wage for the country (data provided by the Fair Wage Network). This added tool enables brands and manufacturers to quickly agree on a fair living wage allowance for any given garment in any factory worldwide.
