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Industry 4.0 is coming to Vietnam's garment/apparel and textile industry! There is no better approach to achieving growth and progress in an era dominated by automation.
Industry 4.0 sounds fancy but is also something to look into. With the emerging world, with the world moving into a technology shift, inventions, and inventions, everything shifting to digital, industry 4.0. It works by collecting and processing all the critical and essential pieces of information and data. It helps to make a detailed study and upgrade to higher and higher quality goods and products at an effective low cost.
A recent assessment of over 300 garment enterprises in Vietnam Apparel sector by the research team of the Vietnam National Textile and Garment Group and institutes revealed that the majority of these firms were trying to stay up with Industry 4.0.
This industry 4.0 comes with a beautiful merge of the environment and the digital world. The motive is to enhance the quality of life several folds higher with this increasing population globally. With these incoming innovations, there is a perfect future.
The efficiency of working will increase significantly, along with increased productivity. Transportation and communication costs will decrease, logistics and global supply chains will improve, and the cost of commerce will decrease, which will open new markets and drive economic development, ensuring a sustainable and prosperous future for you.
And how did they manage it? Many companies prioritized increasing productivity, reducing manufacturing costs and workforce, and implementing new technology.
Not unexpected, given the increased attendance of Vietnamese garment/apparel companies at some of Saigon's technical exhibits during the previous two years.
Originally published on www.dfupublications.com, republished with permission.
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