“A technique (and correct strategy) to deal with rising enter costs, hike in wages and elimination of subsidies in apparel and textile manufacturing and export enterprise is adopting technology-driven strategies,” advocated Andreas Dietz, Managing Director, Groz-Beckert East Asia LLP when he simply these days had an distinctive face-to-face dialogue with Crew Apparel Sources.
It’s worth noting proper right here that Groz-Beckert is a German agency that specialises in manufacturing and providing high-precision needles and precision elements for textile manufacturing and related industries. These precision elements are used for varied textile features, along with knitting, weaving, felting, tufting, carding and stitching, proving to be important components inside the manufacturing of supplies, garments and totally different textile merchandise.
All through a freewheeling dialog, Andreas touched upon key factors in Bangladesh’s RMG enterprise attributable to rising wages, the company’s strategy of reacting to persistent challenges and its place in educating the consumers on digitalisation along with know-how merchandise. Listed below are the excerpts.
AR: How has Bangladesh market been shaping up for you?
Andreas: With 172 years of world experience, we’re a strong participant in Bangladesh. Groz-Beckert has been a longstanding participant in Bangladesh which initially was operated by the use of our Indian advisor manufacturing facility and office in Chandigarh, India, although it was geographically distant from Bangladesh. We established a advisor office in Bangladesh in 2007, subsequently taken over by Singapore in 2013. Since then, our group has steadily grown. Our foremost focus is on buyer assist, providing not solely merchandise however as well as full assist by the use of teaching and servicing to spice up manufacturing of apparel factories inside the nation.
We work with sellers and as well as present prospects immediately from our Asia logistics centre in Singapore which houses all Groz-Beckert merchandise, serving as a hub for our foremost markets in Asia, along with China, which is our largest market.
AR: Embracing high-end automation and superior textile gear and auxiliaries is to drive price. How far is it true for Bangladesh?
Andreas: Bangladesh is constantly labelled as an ‘fairly priced’ and ‘low-cost’ apparel manufacturing trip spot. Nonetheless, newest developments, akin to the rise in labour wages and the federal authorities’s elimination of subsidies on RMG exports, have put very important stress on apparel factories. I think about fixating solely on low-cost labour and low-cost merchandise seems as if a dead-end method for patrons. That’s one factor we want to deal with by the use of know-how. It’s very important for factories to spice up operations by refining manufacturing methods, minimising costs, embracing optimisation and digitalisation. The crux lies in understanding that the true price of a high-quality product turns into apparent solely when accompanied by appropriate datasets and the right knowledge for full analysis.
Nonetheless, the progress of digitalisation inside the textile enterprise tends to be slower compared with quite a few totally different sectors. Whatever the gradual tempo, I am optimistic about Bangladesh as we have seen a extreme adoption for our high-end auxiliaries. There is a willingness amongst many purchasers to find new-age approaches, entertain modern ideas and actively interact in a digital learning curve.
| We have market evaluation personnels in Singapore who’re working fastidiously with our Asian operations. We diligently observe market modifications, relying on quite a few data sources, along with our private figures, export/import statistics and further data launched by utterly totally different firms. |
AR: Groz-Beckert simply these days launched three new merchandise. How have these been accepted by the market?
Andreas: The response has been fantastic. These three merchandise have been developed in collaboration with machine builders. One in every of them is LCmax, a enchancment showcased on a model new machine with Mayer & Cie. The newly developed, modified shank geometry of the LCmax needles has significantly simplified coping with and considerably lowered friction when used inside the needle channel of the spherical knitting machine.
One different innovation is the Inotas system, created in partnership with Santoni, eliminating the need for machine cleaning. We moreover collaborated with Vanguard Pailung to develop a high-speed compound needle for a very fast machine.
Whereas the Vanguard Pailung high-speed machine is at current targeted on the American market, the concept of high-speed knitting machines is related globally, along with Bangladesh which is significantly investing in knitting machines. We’re capitalising on the sturdy presence of Pailung and Santoni in Bangladesh to make our merchandise’ attain additional seen inside the nation.
AR: What’s Groz-Beckert’s method to react to the market challenges, considerably in its Asian market?
Andreas: Let’s be easy. Will we really must react shortly inside the textile enterprise? Not primarily, significantly when considering the short-lived world disruptions. Take Cambodia as an example! Primarily, it has been dominated by cut-and-sew operations, with Chinese language language producers establishing factories in Cambodia for his or her cut-and-sew operations. This improvement has on a regular basis been there. Have there been any noticeable modifications inside the newest years? No. Points are associated in numerous Asian nations akin to Vietnam, Indonesia, Myanmar and lots of others.
Having spent spherical 30 years inside the enterprise, I can wager on the reality that one ought to maintain alert and watchful. We have market evaluation personnels in Singapore who’re working fastidiously with our Asian operations. We diligently observe market modifications, relying on quite a few data sources, along with our private figures, export/import statistics and further data launched by utterly totally different firms. This methodology permits our companion factories to have a broad view, addressing complexities in areas like material manufacturing, weaving, knitting and cut-and-sew processes.