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Technology/Machinery

Thygesen sets new standards with GSDCost

Scientifically based method creates accurate cost and capacity forecasts.

3rd May 2023

Innovation in Textiles
 |  Phu Tho Province, Vietnam

Clothing/​Footwear, Sustainable

Following the implementation of Coats Digital’s GSDCost solution, textile and clothing manufacturer Thygesen Textile Vietnam has increased its overall standard-minute values (SMVs) efficiency on core style production as a result of more accurate and transparent costing and capacity forecasting.

By establishing international standard time benchmarks based on accurate SMVs, Thygesen has also benefitted from an increase in order opportunities by freeing up additional capacity and its ability to set achievable performance targets across the business.

Based in Phu Tho Province, Vietnam, Thygesen was established in 2004 and produces over ten million pieces of diverse garments each year. With an annual turnover of $80 million USD, its customers include DKNY, Calvin Klein, Tommy Hilfiger, G3, Mascot and Girlfriend Collective.

Due to the lack of a robust, scientifically based method-time-cost standard to create accurate cost and capacity forecasts, the company was faced with significant uncertainty surrounding its production planning and waste elimination. Applying a manual method of SMV calculation and control to store data across various sources in Excel files meant that the factory was overstretched and found it difficult to adapt to sudden production changes to fulfil customer orders.

Following the implementation of GSDCost, Thygesen was able to establish international standard time benchmarks based on standard motion codes and predetermined times. This enabled management and planning teams to communicate efficiently using the same language, based on a scientific method for correctly analysing manufacturing costs.

“With the help of the Coats Digital team, we are looking forward to exploring how GSDCost can eliminate further inefficiencies and reduce resource waste in the production process,” said Chris Nguyen, Thygesen’s chief HR officer. “We are graeteful to the Coats Digital team for providing such meaningful support and training throughout the GSDCost implementation. GSDCost will consequently play a pivotal role in our digitisation journey as we continue to invest significantly to improve our operation and enhance our service and delivery to customers.”

www.coatsdigital.com

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