European fashion retailer C&A has teamed up with Coats Digital to enhance its supply chain transparency and sustainability.
Coats Digital says C&A recognised the need for a common costing and sourcing methodology among its suppliers so turned to its GSDCost solution. It adds that C&A has taken a proactive step towards enhancing its supply chain operations and enforce its strong commitment to sustainability and ethical business practices.
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Coats Digital suggests that by establishing international standard time benchmarks based on accurate Standard Minute Values (SMVs), C&A’s vendor partners will be able to provide precise Costs to Make quotations and use a universally understood language rooted in scientific analysis.
Coats Digital explains the adoption of this common language and standard will facilitate more accurate cost predictions, fact-based negotiations, and an efficient manufacturing process, all while advancing C&A’s corporate social responsibility commitments across its global supply chain.
Nitin Kumar, lead technical cost at C&A Sourcing Asia said: “As a member of the ACT group, we are continuously improving our supply chain to be more transparent, responsible and sustainable. GSDCost can bring transparency to our sourcing process through a standardised time management methodology, and further support the sustainable growth together with our supply partners.”
Liv Zhang, Sales Director (Greater China) at Coats Digital, added: “GSDCost will enable C&A to align Cost to Make data (CM) across its supply chain network, streamline cost negotiations, foster greater data sharing, and enhance business intelligence. By implementing a standardised language for establishing accurate benchmarks related to production methods, times, and costs, C&A is breaking down communication barriers between the brand and its vendors, paving the way for a transparent, connected, and profitable way of doing business.
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By GlobalData“Moreover, this initiative ensures sustainability and fair working practices, meeting the demands of an increasingly discerning consumer. We are committed to closely supporting C&A in seamlessly implementing GSDCost across its supply chain partners and future-proofing its operations.”
