As our industry begins to emerge from the Covid-19 crisis, businesses face unprecedented demand volatility and cost pressure, while consumers are increasingly holding brands to account over sustainability. Responding to these challenges will require greater levels of collaboration between brands and manufacturers, more accurate and transparent costings with a fair allowance for a living wage, and optimised manufacturing methods and costs.
The launch of GSDCostV5 builds on a market-leading heritage as the international time-cost benchmark for costing and manufacturing excellence. GSDCostV5 supports a more collaborative, transparent, efficient and sustainable apparel supply chain, taking time-cost benchmarking, costing optimisation and method improvement to a new level and placing people and fair wages at the heart of the recovery from the global pandemic.
GSDCostV5 leverages the latest software architecture to deliver a highly intuitive SaaS solution, hosted in Microsoft AzureTM providing customers of all sizes with fast access from anywhere to a high performance, cost effective and scalable solution.
The stand-out feature of GSDCostV5, is the introduction of a globalised fair wage tool, which brings a new level of visibility and transparency to discussions on time, cost and compliance. Combining the international standard time for any given style, with detailed factory efficiencies, contracted hours and the fair living wage for the country, allows brands and retailers to quickly agree the fair living wage allowance for any given garment, in any factory in the world.