October 2019 Edition Apparel October 2019 issue | Page 91

NEW AVENUES lies in its manufacturing processes. This is where Industry 4.0 has quickly become the norm. For the uninitiated, Industry 4.0 is the fourth industrial revolution that has evolved from the earliest industrial processes, starting with the first generation of steam-powered industry to electricification to the emergence of machines, and finally, digital technologies. Industry 4.0 takes this to the next level by factoring in new innovations such as mobile networking, smart sensors, location services, artificial intelligence (AI), 3D printing, data analytics, cloud computing, robotics, cyber-physical systems, and the ‘Internet of Things’. Imagine an apparel factory unlike any that you have seen before: Completely autonomous and self-sufficient. This factory would be linked to distributors and retailers worldwide, using next-generation applications such as Enterprise Resource Planning (ERP), Project Lifecycle Management (PLM), Warehouse Management System (WMS), and more to ensure seamless operations. Such a factory would receive non- stop data inputs letting it know which designs need to be produced in what quantities for which geographies and customers in an instant. It would very well be able to receive individual orders and use optimised manufacturing techniques to produce a single unit with no waste or extra cost. Sounds like science fiction, right? Well, only that it is not. Amazon is on its way to building such a factory in the next couple of years. SUPPLY CHAIN AND E-COMMERCE So while Industry 4.0 can help Indian apparel transform how it produces goods, the bigger challenge lies in how the products are sold to the consumer. Currently, the apparel and fashion industries make for about two per cent of the global Gross Domestic Product (GDP), at upwards of US$ 4 trillion. The total demand for apparel and fashion is increasingly rising, what THE BIGGER CHALLENGE LIES IN HOW THE PRODUCTS ARE SOLD TO THE CONSUMER. APPAREL I October 2019 I 89