Panam Group, a leading Dhaka-based knit garment manufacturer, has increased its forward plan visibility from 3 months to 12 months using FastReactPlan, offered by Coats Digital.
The Group also claimed to increase its capacity utilisation by around 50 per cent, while improvement in efficiency is measured around 3 per cent using FastReactPlan.
A press release sent by Coats Digital to Apparel Resources states that using the pull system principle, FastReactPlan automatically creates detailed schedules for Panam Group from yarn dyeing to finished goods packing.
This detailed schedule is created by considering style and colour variations of orders and therefore accurate T&A target dates are generated based on the production plan.
Besides, high-level capacity planning board of FastReactPlan has assisted Panam Group in better planning of all projected and confirmed orders of relevant units based on customers, product types and material availability.
The software has helped Panam Group to have a clear visibility of the load vs. capacity for each machine group or production process well in advance so that the production planners can ensure sewing demand is achievable and any potential problems can be reviewed during weekly production meetings. This simplification of whole process further ensures that staff members are proactive rather than reactive, reads press release.
Balaram Roy Chowdhury, Executive Director, Panam Group averred, “It has become much easier to understand buyer trends, factory loading, gap between planned output and actual output as well as overall production status.”
“This means we have reduced our order confirmation process as well by being able to consider open capacity much quicker,” added Balaram.
With the precise installation and implementation of FastReactPlan, Panam Group can now reportedly forecast more accurately for the next 6–12 months, while the duration was just maximum 3 months previously with the use of Excel sheets.
It’s worth mentioning here that Coats Digital is a fashion technology arm of the leading industrial thread manufacturer Coats PLC, which empowers the fashion supply chain through a digital ecosystem.