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At tangent… Is ‘Lean’ the solution to increase efficiencies?

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StitchWorld March, 2017

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The tide is ‘surprisingly’ turning in favour of Indian apparel industry, not because of its good performance, but due to the ‘adversities’ faced by the competition… Bangladesh is struggling with political and labour unrest, coupled with the compliance issues; and China, Vietnam and Cambodia all are dealing with the same problems, like labour shortage and high labour wages. Piyush R Vyas, an old industry hand and currently a Management Consultant, writes… Whenever a discussion starts on the country’s performance, inadvertently our comparison is with Bangladesh. But let us understand that the business model of both the countries is entirely different. While Bangladesh’s focus is ‘return’ on each (sewing) machine, India works on raw material cost + conversion cost + rejection…

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Source: StitchWorld March, 2017
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