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 high performance, cost-effective and scalable solution.
GSDCostV5 launches with a native integration into the Res.Q shop floor suite of solutions providing a real-time, digital feedback loop of actual versus standard minute value at the operation level, highlighting variances and opportunities for proactive, continuous improvement.
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 on the fair living wage allowance for any given garment, in any factory in the world.
GSDCost is proven to:
Design for value and manufacturing with accurate cost prediction and win-win pricing negotiation
Standard and optimised method & SMVs improve capacity planning, line balancing and productivity
Accurate SMVs improve planning & line balancing, supporting smoother flow & improved OTDP
Standardised methods and sustainable times support worker motivation, retention, performance and fair wage
Key Features and Benefits:
Hosted, scalable solution with reduced upfront costs and subscription pricing supports cash ow and ensures data security. No additional IT infrastructure or resource required, with automatic upgrades, backups and monitoring.
Digital Feedback Loop
Native integration to Res.Q shop floor suite leverages the power of GSDCost standards to drive skill and machine mapping, line layout planning and balancing, and standard vs. actual cycle times for real-time data insight.
Fair Wage Tool
Supports open discussions and cost allowance for a sustainable, fair living wage in any country to ensure high standards of Corporate & Social Responsibility (CSR) and Ethical Compliance for brand and manufacturer.
Scientific costing using international standard motion codes and pre-determined times support open, fact-based approach to design for value and manufacturing, with accurate cost prediction and win-win pricing negotiation.
Method and time standardisation provides strong foundations for optimising each operation in the production line to improve the current method and boost overall productivity. Helps to improve productivity by up to 5% or more.
Optimised Planning & Line Balancing
Accurate SMV values are essential for accurate capacity planning and line balancing, supporting a smoother production flow, increased efficiency and improved OTDP of more than 10%.
Standardised garment construction methods improve the consistency of product quality, resulting in fewer defects.