VALUE THROUGH INNOVATION
RosVN3
RosVN3
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Business Structural<br />
Changes<br />
& Future Proofing Response<br />
Business Structural Changes<br />
Size and efficiency are<br />
not enough. Agility and<br />
innovation (differentiation)<br />
are necessary to survive.<br />
Thailand may face political<br />
instability and in the<br />
aftermath economic<br />
growth may be in the<br />
vicinity of 3% to 4%<br />
Consumer as fashion engineer<br />
Citizens are becoming<br />
‘fashion engineers’ enabled<br />
by the web and open<br />
source platforms. This<br />
trend is likely to continue.<br />
Clothing Care & Sustainable<br />
Consumption<br />
Customers will prefer minimal<br />
clothing care, minimal care<br />
schedules, lesser electricity<br />
and water requirement.<br />
Consumers can also<br />
purchase online”fashion<br />
kits” and use them to make<br />
outfits and accessories<br />
out of locally available<br />
materials.<br />
3D Printing could be<br />
adopted earlier in apparels<br />
A few stakeholders did<br />
not think a scenario where<br />
- a town will have few<br />
outlets which can print an<br />
apparel…..out of fiber or<br />
yarn or fabric-impossible in<br />
near future.<br />
Customers may also be happy if the cloth at the time of<br />
disposal does not harm environment or is recyclable or<br />
is made out of renewable material or with least life cycle<br />
impacts<br />
Future Proofing Response<br />
Business Structural Changes<br />
Organisational culture has to be built so as to be agile, responsive<br />
and innovative.<br />
Consumer as fashion engineer<br />
Be prepared for customisation…..small batch sizes and flexibility<br />
Explore opportunities and threats if 3D printing in apparels<br />
becomes a significant fraction of the market<br />
Clothing Care & Sustainable Consumption<br />
Consider incorporation of the following features in products: antibacterial,<br />
dust repelling, wrinkle free, requiring less chemicals and<br />
water in washing, durability<br />
Develop products suitable for recyclability and improve share of<br />
products from recycled materials<br />
Prepare for product information management and disclosures<br />
and systems to demonstrate traceability to customers (e.g., to<br />
demonstrate source of viscose fibre from sustainably managed<br />
forests or carbon/energy/water footprint in a specific product)<br />
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 56
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