COINDU | Sustainability Report 2023

Conclusion and Future Prospects ECONOMIC STRATEGIC INITIATIVE COINDU PRODUCTION SYSTEM (CPS) To maintain competitiveness, COINDU is surfing the next techno- logical wave, creating the digital concept for the cut-and-sew market. Beyond the known standard of technology, we are now faced with the challenge of developing unique and differentiating solutions by replac- ing artisanship with automation and digital and artificial intelligence management. Assets, capable of reacting to high complexity within a shorter learning time and much higher productivity, are progressively replacing labour costs. With this work package, we will be able to beat the 40% threshold in value added cost reduction, an essential condi- tion for our survival and growth. Digital CPS leads to a more efficient usage of all company resources and also of all materials, reducing the waste and the energy consumption, using: • Improve equipment energy efficient in cutting and sewing. • Improve capability of cutting equipment with digital integration which enables more efficient cutting results and less scrap and waste generation. • State of art sewing digital technology which can be programmed to prevent most common human dependent sewing failure modes. 11.Conclusion and Future Prospects Future plans and commitments 138