We believe that virtual traceability of resources is the ultimate key to unlock the extensive business opportunity of circular economy in textile industry.This is why we are developing a software solution for fabric and garment factories to map, measure and track their input and output of fabrics - production and leftovers. We want to help unleash that business opportunity and boost remanufacturing and recycling best practices with virtual support from our software, giving the highest priority to maximising impact, scalability and efficiency.
The volumes of spilled resources from garment production are systematically underestimated - up to 47% of resources get spilled from factories. Taking the first step to start measuring and planning the integration of these resources back into the supply chains would give an opportunity for a major growth within the textile industry while helping to reduce the use of virgin fibres.
We provide a one-point solution to close the loop for spilled fabrics and fibres from garment production. With our software we are creating win-win cooperation between garment factories and their key buyers.
It is in the hands of the factories to provide the remanufacturing and recycling solutions for their buyers. But it is in the hands of their key buyers, the retailing brands, to create an incentive to do so and be the driving power to make that shift toward circular economy.
Our software provides virtual support for both sides to make a mutual agreement on how to close the loop together and hold on to that agreement transparently, leading to long-term gains for all stakeholders.