The textile and garment industry in Sri Lanka depends heavily on imported raw material and accessories. More than 70 percent of the raw material and 70 to 90 percent of the accessories used in this industry are imported.
Since fabrics and accessories account for more than 70 percent of 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 up to 10 percent 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. Being 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, and Hirdaramani, and helped them reduce their wastage to under one percent. EAM Maliban Textiles Managing Director Azeem Ismail uses ThreadSol’s IntelloCut for 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.” 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.
“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” stated Crystal Martin COO Colin Vose.
“Sri Lanka’s apparel manufacturers have realized the gravity of targeting fabric costs 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 ThreadSol Country Manager (Sri Lanka) Prateek Nigam.
ThreadSol demonstrates an entire range of enterprise material management solutions, which can help Sri Lanka’s apparel manufacturers save enormous material costs and boost major profits by up to 50 percent, in an industry that is heavily dependent upon economic priorities.