Digitalization Able to Boost Efficiency of National Textile Industry
By : Ridwan And Aldi Firhand. A | Monday, April 02 2018 - 19:35 IWST
INDUSTRY.co.id - Jakarta, National textile industry is considered ready to face digitalization Industry era. The reason, digitalization in the textile industry can encourage efficiency by conducting business transactions directly, without intermediaries.
Chief Marketing Officer & Co-Founder of 88Spares, Rosari Soendjoto said the textile industry is one of the oldest and largest sectors in Indonesia which acts as a pillar of economy and the main source of income for local communities.
"The textile industry is able to generate USD11.87 billion of foreign exchange reserves for the country, and absorb 17.03% of workforce in Indonesia's manufacturing industry," Rosari said in a press release in Jakarta on Sunday (1/4/2018).
For information, 88Spares.com is an e-marketplace platform that brings buyers and sellers in the textile and garment industry directly from the manufacturer to the buyer's factory, which is still dominated by the offline business model through intermediaries.
"We will launch its commercial features in Southeast Asia's largest industry event, Indo Intertex 2018. The event will be held at the Jakarta International Expo, Kemayoran, on 4-7 April 2018," he explained.
The Company will serve the textile and machinery parts business by providing a modern and transparent platform so that they can conduct business transactions directly, without intermediaries.
Businesses can also easily sell and supply inventory with factory-to-factory concept.
"The goal is one, which is to simplify the industrial supply chain by cutting the role of intermediaries that usually demand high profit margins and raise prices for end-buyers," he explained.
By reducing the role of intermediaries, 88Spares creates a working supply chain that allows sellers and buyers to sell more and buy at lower prices.