Business

The volume of world trade has not seen a healthy outlook for a few years now, and the dynamics are being dictated by trade wars more than ever. All this would mean that a small country like Bangladesh should stand extremely worried. Yet, it is not. Bangladesh is one of the fastest growing economies in the world. The gross domestic product (GDP) in 2018 fiscal year expanded by 7.9 per cent over the previous year. Industry grew by 12 per cent (10.2 per cent in 2017) and manufacturing 13.4 per cent...

Bargaining power imbalance and information asymmetry between marketplace platforms and their business users are holding back the e-commerce sector in India. The Competition Commission of India (CCI) came to this conclusion in its report Market Study on E-commerce in India: Key Findings and Observations that was released on January 8. But, even without a formal determination of violation of competition law, the CCI remarked, "improving transparency over certain areas of the platforms’ functioning...

For a long time, with the end of the quota regime in January 2005, the global fashion industry seemed to follow a singular model of sourcing. Broadly speaking, of course. At some point, the cost factor started giving way to the speed element. The jobs lost to the offshoring strategy of fashion companies were sought to be bought back home (i.e the West) through a reshoring drive. Even as things were beginning to coalesce and new realignments in the sourcing world were taking form, the discourse...

The event promises to be the largest confluence of technology, professionals and policymakers from the Indian textiles and apparel industry. It its third edition this year, ITMACH India is positioning itself itself as a must-visit platform for machinery makers desirous of meeting investors, demonstrating new innovations, and exchanging ideas with user industries. The third edition of ITMACH India will be held from December 5–8 in Gandhinagar, Gujarat. Coming barely six months after ITMA 2019 at...

Please tell us more about the ERP/PLM solutions that your company offers. In what ways are they unique? NGC’s cloud-based Andromeda PLM solution was designed specifically for the needs of apparel, fashion and footwear brands and retailers. NGC’s PLM is configurable and user-friendly, and it provides a common platform for all PLM related elements including planning, merchandising, design, costing, sampling, quality and sourcing. Workflow calendars allow users to track progress, predict unexpected...

Technology is developing at a frenetic pace, reshaping life everyday as we know it. Technology is also reshaping the global textiles-apparel-fashion industry in ways that one cannot even imagine. But technology does not develop in isolation; new technologies also mean new ideas and new materials. For those in the industry, ShanghaiTex 2019 would be a heaven-sent opportunity to look at some of them before they eventually come into play and disrupt lives all over again. This November, ShanghaiTex...

Please tell us more about the ERP/PLM solutions that your company offers. In what ways are they unique? Aptos’ PLM solution differentiates in the marketplace for the following characteristics: Specifically tailored to the needs of fashion, it also serves ‘fashion-like’ sectors such as eyewear or furniture where the design aspect is strong. In this way it offers proven support to all retailers pursuing brand extension strategies. The solution delivers truly end-to-end capabilities from line...

Please tell us more about the ERP/PLM solutions that your company offers. In what ways are they unique? Bamboo Rose’s retail Product Lifecycle Management Solution offers design, development, and testing of private label and branded merchandise. Our PLM enables retailers and suppliers to develop quality merchandise and reduce cycle times. Whether the design is done in-house, collaboratively with partners, or products are bought directly from suppliers, Bamboo Rose can support the simplest...

Please tell us more about the ERP/PLM solutions that your company offers. In what ways are they unique? Centric Software PLM—a cloud-based, out-of-the-box platform—empowers internal and external teams by giving them a single, actionable version of the truth, enabling information transparency—a fundamental pillar of Industry 4.0. By giving teams access to all product-related data in real time, Centric PLM eases communication, reduces errors and accelerates decision making. Centric PLM is enhanced...

Please tell us more about the ERP/PLM solutions that your company offers. In what ways are they unique? The CGS BlueCherry enterprise suite is an end-to-end supply chain management solution tailored to the fashion, apparel and consumer Products market. BlueCherry ERP and PLM can operate as standalone solutions and can also be fully integrated to increase supply chain transparency and increase speed-to-market. Our ERP has built-in OMS functionality to support today’s omnichannel demands...