Coats introduces problem solving Coats Colour StockMatch
- 26 Jun 2013
World leading industrial thread and consumer textile crafts business, Coats plc launches Coats Colour StockMatch, a new and proprietary service to effectively manage and utilise excess thread stocks, a long term problem area in garment manufacturing.
Coats’ new Coats Colour StockMatch tool helps customers keep track of thread stock quantities in warehouses as well as providing a solution for faster thread sampling.
A factory with five hundred sewing machines will typically have between 40,000 to 60,000 excess thread cones in the warehouse. The excess thread is usually only eliminated by selling to dealers or traders at heavily discounted prices.
Thread is currently ordered against each finished goods production run, taking into account style, size and colour. As thread has to match fabric, it is difficult to check thread stocks in the warehouse before making fresh orders. Therefore often a new order is placed when a close enough thread match may already exist in the warehouse. As a result this causes delays in prototype sampling as customers await a new order and exacerbates the excess stock issue.
Coats Colour StockMatch provides a solution to both thread problems. Using the electronic Capsure device which can be preloaded with the customer’s shade cards, the nearest thread match can now be conveniently and accurately identified from existing excess thread stocks.
Frazer Smith, Chief Commercial Officer, Coats plc, said: ‘Coats Colour StockMatch was developed in response to customer feedback and our own research which found that typically 15% excess thread is ordered as standard to take into account built in efficiency factors such as machine operator capabilities, thread breakage and waste. Coats Colour StockMatch further demonstrates our commitment to sustainable, efficient cost effective solutions that meet our customers’ needs.’
To download a high resolution image for Coats excess stock management tool go to: www.coats.com/imagelibrary
ENDS
For more information please contact:
Kristina Blissett, Communications Manager, kristina.blissett@coats.com
T +44 208 210 5084, M +44 7714 539 887
About Coats
With a rich heritage dating back to the 1750s, Coats is the world's leading industrial thread and consumer textile crafts business, at home in more than 70 countries, employing 20,000 people across six continents. Revenues in 2012 were US$1.7bn.
Our well-known brands and strong relationships with customers and consumers mean our products and services meet current and future needs. Our company-wide understanding of our business partners and consumers, coupled with the deep expertise of our people, builds trust and certainty.
Coats’ pioneering history and innovative culture ensure the company continues leading the way around the world: providing complementary and value added products and services to the apparel and footwear industries; extending the crafts offer into new markets and online; and applying innovative techniques to develop products in new areas such as tracer threads, aramids and fibre optics.
One in five garments on the planet is held together using Coats’ thread
- 75 million car airbags are made using Coats’ thread every year
- Coats produces enough yarn to knit 65 million scarves a year
- In three and a half hours, Coats makes enough thread to go to the moon and back
- 300 million pairs of shoes are made every year using Coats’ thread
- One million teabags using Coats’ thread are brewed every 10 minutes
- Thousands of surgical operations take place every day using Coats’ thread
- Thomas Edison used Coats’ thread in 1879 to invent the light bulb
- Coats produces enough thread to reach around the Equator every 11 minutes
- Coats is the second largest and fastest growing global zip manufacturer
To find out more about Coats visit www.coats.com
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