Rick 2018 Vietnam Garment Intelligent Production Seminar: Opening A New Era Of Intelligent Operation

September 14, 2018 Hu Zhiming, Vietnam - As the use of fabric and Soft materials such as leather The company's first technology partner, recently A symposium on intelligent production of clothing was held in Hu Zhiming, Vietnam. Together with the head of Vietnam garment factory in Greater China, we will discuss how to make use of lean production solutions and intelligent equipment to open a new era of intelligent operation of factory intelligent management under the new Vietnamese tariff and export trade policy. At the seminar, the distinguished guest, DDT Vietnam, shared the customs regulations and updates of the garment industry in Vietnam, as well as the impact of Sino US trade friction and tariff policies on the current business. Li Ke shared the experience of Chinese garment enterprises in Southeast Asia.

At present, the world Clothing apparel The production segment has gradually shifted to ASEAN, and Vietnam has attracted the attention of many Chinese garment manufacturers with lower labor and production costs and preferential tariff terms. According to the latest free trade agreement between Vietnam and the EU, Vietnam's tax rate on exports to the EU will be reduced to zero. Once the agreement is signed and entered into force in 2018, it will further attract more Chinese garment manufacturers to invest and build factories in Vietnam. "Vietnam's export tariffs to the European Union will gradually decrease in recent years," said Bob Fletcher, director of Vietnam customs and Global trade division of DDT. "It will undoubtedly be a great benefit to the garment enterprises." At the same time, the new customs tariff inspection rules of Vietnamese Customs on clothing categories require enterprises to have a fairly good control capability for the whole process of garment production and supplier processes, especially the prediction. Raw material Consumption and Bill of material (BOM) tracking, enterprises must establish a complete production management system to manage the life cycle of materials and products, so as to effectively enjoy the tariff reduction policy.

Relying on the professional accumulation of garment industry for more than 40 years, and relying on advanced technology and equipment and full range of professional services, Rick meets the various needs of Chinese garment manufacturers in product development and tailoring production, not only helps enterprises improve efficiency and reduce costs, but also provides full range process management and control to the management of garment enterprises from development to production, assists enterprises in realizing digital transformation of supply chain management, and promotes intelligent operation of trans regional factory production management, helping domestic garment manufacturers to develop their global business and expand their territory.

　　 Qingdao Development Group As a domestic knitting giant, it was the first batch of garment enterprises that responded to the national call to go abroad to build factories in Vietnam and Kampuchea in 2005. Liu Gang, general manager of the company, shared the experience of appointing to Southeast Asia to explore and create factories, and revealed the challenges of recruitment and management. He gave three suggestions for investment in Vietnam. First, he had to be in a standardized industrial park on site selection. Second, he must fully understand the local laws and customs regulations. Finally, he must delegate management from headquarters to local management in the first few years of investment.

Andreas Kim, President of Greater China, spoke at the seminar.

Andreas Kim, President of the Greater China region, said: "with the increasing attrition of Sino US trade, more and more Chinese garment enterprises will choose to build factories in Southeast Asian countries, and Li will help customers realize intelligent transportation, global layout and enhance their core competitiveness with advanced technology, equipment and professional services."

　 About Rick

Rick is committed to developing promising technologies for forward-looking fashion, automotive interior and furniture companies. By promoting the digital transformation of these industries, Li provides support for brands and manufacturers from design to production in an all-round way, helping them win the market. Rick was founded in 1973, and now there are 32 subsidiaries in the world, serving more than 100 countries in the world. Rick has more than 1650 employees, and its operating income was $313 million in 2017. The company's shares are traded on the Euronext.