The textile industry is facing 3 forces that are shaping and changing the industry: e-commerce & online purchasing, personalization and sustainability. Industry 4.0 principles and innovative digital technologies will enable brands, manufacturers and other players in the market to outperform and gain a competitive edge once they identify and use the right tools.
According to Yariv Bustan, VP (Product & Marketing), Twine Solutions, with digital innovative technologies we can better plan and control our inventory and supply chain. He questioned that, can we also virtualize our inventory and enable it to manage itself…? Automatically "download" the right colors and the right quantity, on-demand and at the right time...?
Industry 4.0 Principles:
http://forum.daffodilvarsity.edu.bd/index.php/topic,52052.0.html
