Category: TECHNOLOGY AND INNOVATION
Country: United Kingdom
Coats Digital’s unique, time-cost benchmarking solution, GSDCost, has been recognised for delivering real ROI, whilst supporting a more collaborative, transparent and sustainable global fashion supply chain
By Laurena McKenna
GTS NewsDesk
7th March 2023
LONDON, UK – Coats Digital is delighted to announce that its unique, industry-changing method-time-cost benchmarking solution, GSDCost, has been shortlisted for five awards as this year’s prestigious National Technology Awards.
Now in its 8th year, The National Technology Awards continues to celebrate true pioneers of technology innovation and actively encourages excellence in a burgeoning industry. Organised by National Technology News, the Awards Programme is the UK’s most comprehensive technology awards of the year, covering everything from the public sector and enterprise to security, healthcare and AI.
Coats Digital’s GSDCost solution has been shortlisted in five key categories:
-Innovation of the Year
-Cloud Innovation of the Year
-Cloud Product of the Year
-Digital Transformation of the Year
-Retail Tech of the Year
Kunal Kapur, Managing Director, Coats Digital, said: “We are absolutely delighted to have been shortlisted for so many awards at this year’s highly esteemed UK National Technology Awards. Our GSDCost solution is revolutionising the fashion industry by enabling brands and manufactures to establish and optimise apparel sewing methods to accurately predict time (SMV) and cost. GSDCost harnesses the power of the cloud to create a more collaborative, transparent and sustainable supply chain. We are truly honoured to be named alongside so many leading global organisations at this final stage.”
Coats Digital’s award-winning GSDCost method analysis and pre-determined times solution is widely acknowledged as the de-facto international standard across the sewn products industry. The solution supports a more collaborative, transparent and sustainable supply chain, in which brands and manufacturers establish and optimise ‘International Standard Time Benchmarks’ using standard motion codes and predetermined times. This use of a common language and standards supports accurate cost prediction, fact-based negotiation, and a more efficient garment manufacturing process, while concurrently delivering on CSR commitments.
GSDCost’s enhanced feature of a globalised Fair Wage Tool - with data provided by the Fair Wage Network - enables brands and manufacturers to quickly agree the fair living wage allowance for any given garment, in any region in the world.
The winners of the National Technology Awards will be announced on Thursday 23rd May at the official Awards Ceremony at The Marriott Hotel, Grosvenor Square, London.
Finalist Shortlist is here.
Laurena McKenna is PR & Communications Manager at Coats Digital.
About Coats Digital: Coats Digital is the leading digital transformation partner for the fashion supply chain, powering sustainable processes and high value insights through connected technologies. Coats Digital is the software business of Coats Group, the world’s leading industrial thread company and a trusted industry player.
About GSDCost: GSDCost is the international standard for establishing and optimising accurate method-time-cost benchmarks for sustainable garment cost optimisation and manufacturing excellence.
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