Technology is redefining the future of apparel sourcing and one of the companies leading the way is Inspectorio, according to the latest report by Coresight Research. The publication, titled ‘The Future of Apparel Sourcing: Technology Set to Enable More Transparent, Local and Faster Supply Chains’, was released earlier this month and pointed to the company’s application of IoT, data analytics, AI, and machine learning as examples of how it’s disrupting traditional offshore apparel manufacturing.
Other key findings from the report include:
1) Technology is changing apparel sourcing. In the future, sourcing will combine offshoring and onshoring to deliver speed to market and gain competitive advantage. Production closer to the end market is becoming more cost effective thanks to automation.
2) Offshore sourcing will become more transparent, efficient and sustainable. Technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) will enable companies to identify problems immediately and intervene promptly, making apparel sourcing overall more efficient and cost effective.
3) Automation will mean fewer people are needed, making production lines faster and more cost effective. Tech firms such as Grabit and Softwear Automation are collaborating with companies including Esquel Group and Li & Fung to automate apparel production.
4) Apparel manufacturers and brands such as Tianyun Garments, Adidas and Levi’s are experimenting with highly automated onshore production facilities to better respond to end market consumer demand.
Find the full report here.
Inspectorio has also recently been highlighted by Forbes contributor Louis Columbus in his article 'How Machine Learning Improves Manufacturing Inspections, Product Quality & Supply Chain Visibility' where he explains how the company is "revolutionising product inspections".