“A way (and correct means) to take care of 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 currently had an distinctive face-to-face dialogue with Employees Apparel Sources.
It’s value noting proper right here that Groz-Beckert is a German agency that specialises in manufacturing and providing high-precision needles and precision parts for textile manufacturing and related industries. These precision parts are used for varied textile functions, along with knitting, weaving, felting, tufting, carding and stitching, proving to be important parts throughout the manufacturing of supplies, garments and completely different textile merchandise.
All through a freewheeling dialog, Andreas touched upon key factors in Bangladesh’s RMG enterprise because of rising wages, the company’s strategy of reacting to persistent challenges and its operate in educating the purchasers on digitalisation along with experience merchandise. Listed below are the excerpts.
AR: How has Bangladesh market been shaping up for you?
Andreas: With 172 years of worldwide experience, we’re a robust participant in Bangladesh. Groz-Beckert has been a longstanding participant in Bangladesh which initially was operated by 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 crew has steadily grown. Our predominant focus is on buyer assist, providing not solely merchandise however moreover full help by teaching and servicing to bolster manufacturing of apparel factories throughout the nation.
We work with sellers and likewise present prospects straight from our Asia logistics centre in Singapore which houses all Groz-Beckert merchandise, serving as a hub for our predominant 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 value. How far is it true for Bangladesh?
Andreas: Bangladesh is usually labelled as an ‘cheap’ and ‘low value’ apparel manufacturing trip spot. Nonetheless, newest developments, equal to the rise in labour wages and the federal authorities’s elimination of subsidies on RMG exports, have put very important pressure on apparel factories. I think about fixating solely on low value labour and low-cost merchandise seems to be as if a dead-end approach for patrons. That’s one factor we have to deal with by experience. It’s very important for factories to bolster operations by refining manufacturing methods, minimising costs, embracing optimisation and digitalisation. The crux lies in understanding that the true value of a high-quality product turns into apparent solely when accompanied by right datasets and the acceptable information for full analysis.
Nonetheless, the progress of digitalisation throughout the textile enterprise tends to be slower as compared with quite a few completely different sectors. Whatever the gradual tempo, I am optimistic about Bangladesh as we’ve got now seen a extreme adoption for our high-end auxiliaries. There is a willingness amongst many consumers to find new-age approaches, entertain latest ideas and actively engage in a digital finding out curve.
| Now we’ve got market evaluation personnels in Singapore who’re working rigorously with our Asian operations. We diligently monitor market modifications, relying on quite a few data sources, along with our private figures, export/import statistics and additional data launched by completely completely different firms. |
AR: Groz-Beckert simply currently launched three new merchandise. How have these been accepted by the market?
Andreas: The response has been wonderful. These three merchandise have been developed in collaboration with machine builders. One amongst them is LCmax, a development 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 enormously lowered friction when used throughout 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 centered 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 further seen throughout the nation.
AR: What’s Groz-Beckert’s approach to react to the market challenges, notably in its Asian market?
Andreas: Let’s be simple. Will we really must react quickly throughout the textile enterprise? Not primarily, significantly when considering the short-lived world disruptions. Take Cambodia for 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 throughout the newest years? No. Points are comparable in several Asian worldwide areas equal to Vietnam, Indonesia, Myanmar and so forth.
Having spent spherical 30 years throughout the enterprise, I can guess on the reality that one ought to hold alert and watchful. Now we’ve got market evaluation personnels in Singapore who’re working rigorously with our Asian operations. We diligently monitor market modifications, relying on quite a few data sources, along with our private figures, export/import statistics and additional data launched by completely completely different firms. This technique permits our affiliate factories to have a broad view, addressing complexities in areas like material manufacturing, weaving, knitting and cut-and-sew processes.