In December 2018, Coats acquired ThreadSol, an innovative technology pioneer that offers software solutions for garment manufacturers and brands to help improve costs and increase productivity.
Using latest technologies like Artificial Intelligence, Big Data, and Mobility, ThreadSol aims to empower the apparel industry with innovative solutions that impact on profitability.
ThreadSol solutions (intelloBuy and intelloCut) work together for the buying and cutting floor respectively. They reduce the cost of purchasing fabric at the buying stage and allow for the cutting of additional garment pieces at the cutting stage. The overall benefit is automation of the buying and cutting processes that saves hours of manpower.
ThreadSol’s intello3C scientifically benchmarks cost factors resulting in complete cost control. Intello3C is aimed to reduce sourcing costs and costing lead times for apparel brands by using AI and Big Data to deliver results.
ThreadSol currently plans more than 1.5 billion garments annually for 150 factories across 15 countries.
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- IntelloCut – An intelligent fabric planning automation solution for optimised fabric utilisation
- IntelloBuy – A data-driven fabric buying automation solution for accurate fabric estimation
- Intello3C – A scientific cost-negotiation platform for fact-based costing