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Insightful event alongside Lululemon!

by Coats Digital

July 20, 2023 Method Time Cost Optimisation, Sustainability
2 Mins Read

Hybrid event discussing how to build a more profitable and sustainable relationship between brands and their vendors!

What a fantastic event alongside Lululemon at our Coats Phong Phu Factory in Vietnam! Thank you to our guest speaker: Stephen Wong, Global Quality Director at Lululemon for driving the agenda of how GSDCost can deliver greater transparency and collaboration between brands and suppliers. Thanks also to our very own Riza Dumalin who gave a very engaging session to a packed room of 70+ attendees from 16 countries including Bangladesh, Cambodia, China, Korea, Indonesia, Philippines, Taiwan and Thailand.

Lululemon is one of several global brands we are working with who are supporting a standardised approach to the way in which a garment is costed – to ensure the price is both ethical and sustainable. We are seeing more and more brands moving away from the vendors who can produce for the cheapest amount – the conversation is now about transparency: how are garments being manufactured and providing the evidence:

  • are you paying a fair wage to your garment workers?
  • are you calculating sufficient breaks?
  • have you considered personnel learning curves and fatigue allowances?
  • have your production methods been optimised – could you reduce your SMVs?

🚀 🚀 **Thanks to Lululemon for partnering with us to drive industry change. This is how we can make a difference!** 🚀 🚀

Coats Digital’s award-winning GSDCost method analysis and pre-determined 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, in which brands and manufacturers establish and optimise ‘International Standard Time Benchmarks’ using standard motion codes and predetermined times. This use of a common language and standards supports accurate cost prediction, fact based negotiation, and a more efficient garment manufacturing process, while concurrently delivering on CSR commitments.

 

A huge thanks to our extended team for supporting this event, including Stuart McCready-Stocks, Riza Dumalin, Gillian Pinkhardt, Manoj Kumar, Liem Patrick Chau, Dq Tuong, Phuong Dang, Philip Lee, Liv Zhang, Jake Valle and everyone else who was involved!

 

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TAGS: GSDCost, SMV Calculation, Sustainability

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