Coats Vietnam wins People Empowerment award
- 18 Dec 2014
Coats Phong Phu has won the People Empowerment category at the sixth Vietnam Supply Chain Awards. Coats Phong Phu, the Vietnam business of Coats plc, the world’s leading industrial thread and consumer textile crafts business, was recognised at the recent annual awards ceremony of the Vietnam Supply Chain, the national association for supply chain professionals. The awards held in Ho Chi Minh City and attended by over 300 business leaders, honours the best practice of businesses and individuals in the supply chain industry in Vietnam.
Coats Phong Phu won the award due to its reputation as an inspirational company for which to work and its committed people. The judges recognised its people strategy as being built around ‘care, trust, innovation and long term success’. It listens to and implements staff ideas and has increased its employee engagement level from 57% in 2010 to 80% in 2013. It has a culture of continuous improvement with 96 Kaizen projects and 47 individual Lean Six Sigma certifications this year. The company also recently celebrated 25 years of operating in Vietnam through its highly successful joint venture with Phong Phu Corporation
Bill Watson, Managing Director, Coats Vietnam, said: ‘We are extremely proud to have won this award which is testimony to the talent and dedication of our people who have contributed to the success of our business. One of the three goals of our business is positive teamwork which is what people empowerment is all about.’
The awards are open to companies across all industry sectors. Vietnam Supply Chain invites leaders from the supply chain industry in Vietnam as well as throughout Asia to judge the nominations. Criteria includes the nature and complexity of the operations, value generated and the level of internal and external communication.
This award builds on previous industry recognition of Coats Vietnam. Tram Anh, Supply Chain Director was awarded Supply Chain Professional of the Year at last year’s awards. Earlier this year, Quyen Le, HR Director was awarded ‘Human Resources Professional of the Year’ by Towers Watson, a leading global professional services agency.
To request photos from the awards ceremony contact firstname.lastname@example.org
For more information contact:
Kristina Blissett, Communications Manager email@example.com
T +44 (0)208 210 5084, M +44 (0)7714 539887
Bill Watson, Managing Director, Vietnam, firstname.lastname@example.org
T +84 838 960309
Notes to Editors
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 over 20,000 people across six continents. Revenues in 2013 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
- 100 million car airbags are made using Coats’ thread every year
- Coats produces enough yarn to knit 70 million scarves a year
- In three and a half hours, Coats makes enough thread to go to the moon and back
- 400 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