Benefits
Managing the financial aspects of any business is essential to continued success – “cash is king” and an accurate assessment of stock requirement is important if working capital is not to be needlessly tied up in unwanted or unneeded raw materials.
Accurate assessment of Thread Demand enables the sewn products manufacturer to order precise quantities of thread and thereby avoid having excessive amounts of capital “locked up” in the stockroom.
Moreover, an accurate measure of Thread Demand may be used as a measure against “thread consumption” (the quantity of thread used, including wastage, part used, lost or misplaced cops and cones) and thereby provides a key performance indicator of the efficiency of raw materials usage.
- Accurate Thread Demand
- Consistent cost assessment
- Low stock levels
Complete products or styles may be stored and later retrieved and modified where style variation is required. Data may also be stored at “Feature” level (e.g. pockets, cuffs, collars…) so that commonly used construction elements may be compiled and used on multiple designs, creating a data rich library of Thread Demand and Cost.
