Coats Digital has announced that following the successful first phase roll out of Coats Digital’s GSDCost solution, award-winning Egyptian knitted garments manufacturer, Dice Sports and Casual Wear, has already achieved a 16 per cent efficiency increase on its production lines and reduced its core style Standard-Minute-Values (SMVs) by 11 per cent.
Dice chose to adopt GSDCost at the beginning of 2022, to help it overcome a series of costing, planning and manufacturing inefficiencies. The company found 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. Without a standardised benchmark to record accurate SMVs on the production floor, Dice, consequently, had no way of ascertaining whether its plan/cost targets reflected the reality of its manufacturing processes, Coats said in a press release.
With no Plan Vs. Actual data onboard, capacity plans often did not align to the reality on the shop floor. The lack of a standardised method across all its manufacturing units consequently resulted in varied costings and production efficiencies, inconsistent line layouts and line balancing on the shop floors, and lower productivity which negatively impacted both ODTP targets and overall profitability.
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