Please use this identifier to cite or link to this item: https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/15481
Title: Drivers and Barries in Implementing Smart Factories in Apparel Industry
Authors: Yashaswini, R
Easaw, George
Keywords: Smart Factories
Apparel Industry
Barriers and Drivers
Issue Date: 2023
Publisher: Alliance School of Business, Alliance University
Series/Report no.: 2021MMBA07ASB264
Abstract: This report investigates the barriers and drivers involved in the implementation of smart factories within the apparel industry. The research was conducted by analyzing relevant literature, industry reports, and expert opinions. The findings shed light on the factors that hinder or facilitate the adoption of smart factories in the apparel industry. The study identifies severalsignificant barriers to implementing smart factories in the apparel industry. The lack of technological infrastructure emerges as a key challenge, with outdated systems and limited connectivity hindering the seamless integration of smart technologies. Resistance to change and a lack of employee buy-in also pose considerable barriers, as employees may be reluctant to embrace new technologies or may not fully understand the benefits they bring. High implementation costs represent another major obstacle, particularly for small and medium sized apparel companies with limited financial resources. The limited availability of a skilled workforce further complicates the implementation process. On the other hand, the study identifies several driversthat propel the adoption ofsmart factories in the apparel industry. Improved operational efficiency stands out as a primary driver, offering automation, real-time data analysis, and predictive maintenance to enhance productivity and reduce costs. The potential for enhanced product quality and customization also motivates companies to implement smart factory technologies, enabling them to meet customer demands more effectively. Cost reduction and waste minimization are additional drivers, as smart factories optimize production processes and minimize material waste, leading to sustainable and eco-friendly practices. Data-driven decision making is highlighted as a significant advantage, enabling companies to leverage insights for process optimization and continuous improvement. Lastly, smart factories provide a competitive edge and market differentiation by offering faster production cycles, greater flexibility, and innovative products In conclusion, the report emphasizes the need to address the barriers and leverage the drivers in implementing smart factories in the apparel industry. Overcoming the challenges of technological infrastructure, employee resistance to change, high implementation costs, limited skilled workforce, and regulatory compliance is crucial. By focusing on the drivers of improved operational efficiency, product quality and customization, cost reduction, data-driven decision making, and competitive advantage, apparel companies can embrace smart factory technologies and thrive in the evolving industry landscape.
URI: http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/15481
Appears in Collections:Dissertations - Alliance School of Business

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