ThreadSol, a pioneer in enterprise material management for sewn products sector, today announced the launch of its 'cost-cutting' garment solution IntelloBuy for the Tirupur knitwear hub.
The solution will help manufacturers save fabric cost by 10 per cent and boost their bottomline by 50 per cent, Threadsol Sales Head, India, Anuj George said.
IntelloBuy is a material estimation solution that gives accurate buying consumption for a particular style, saving on costs at the buying stage for manufacturers worldwide.
"The product has been successfully adopted by Vietnamese, Chinese and Indonesian markets and now we plan to customise this software for the Tirupur garment cluster," he said in a release.
This will help both medium and large enterprises of Tirupur, bring down operational costs and compete effectively with international competitors like China and Bangladesh, he said.
Tirupur was a major textile and knitwear hub contributing to 90 per cent of total cotton knitwear exports from the country worth USD 3.1 billion, he said.
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