The new project eBIZ 4.0 is expected to deliver early results supporting the European fashion companies, notbaly the SMEs, from production to retail, to digitilise the way of working. It is a 24-month project and has an overall budger of € 1.5 million.

“The goal is to bring benefits of IT tools mostly used in large fashion businesses within the actual reach of small and medium companies to significantly improve their processes management as well as the connection with suppliers and customers,” said the company in a statement.

The goal will be achieved by applying RFID and other communication technologies with eBIZ, the European standard for digital data exchange across the fashion value chain.

The solutions developed in the eBIZ 4.0 project will be applied by at least 100 companies, including textile, clothing, footwear producers and retailers to improve product traceability, time to market, warehouse management and digital data exchange throughout the supply chain.

The new project pools together competences from core eBIZ stakeholders such as European Apparel and Textile Confederation (Euratex) and Enea with those of leading IT companies specialised in the fashion value chain, namely - Schaeffer Productique from France, Kyklos from Italy and CLAVEi from Spain, which is also the project coordinator. European Commission is co-funding the project and providing 50 per cent of the costs under its programme COSME that supports the SMEs competitiveness. (KD)

Fibre2Fashion News Desk – India