While some may think Samsung C&T is probably a division of the Samsung which makes smartphones, it’s actually the other way round.
The C&T stands for Construction and Trading, and Samsung C&T was actually founded as the parent company of Samsung Group.
What this specific division of Samsung does is “purchases fashion inventory and manages fashion logistics for growing fashion industry brands”, according to its website.
But Samsung and many other South Korean conglomerates have vast operations which include many different industries, which makes it difficult to categorise them.
The Korean word “chaebol” – which loosely translates to conglomerate – is often used to describe such companies.
Infor, meanwhile, says it is “a provider of business applications specialized by industry and built for the cloud”. Its software suite sounds like an as an enterprise resource planning application, or maybe a product lifecycle management application.
However it’s categorised, the fashion division of Samsung C&T America, located in New York’s Garment District, selected Infor Fashion and Infor Factory Track to help streamline operations across its operations.
Infor Fashion is comprised of a purpose-built, industry-specific suite of solutions designed to address the challenges brand owners, distributors, manufacturers, and retailers face, says the company.
Infor Fashion’s capabilities include product design and development, sourcing, demand management, supply chain planning, production management, inventory management, and support for multichannel distribution.
Eung Beom Lee, director, SCTA, says: “Our business continues to expand and grow, and we needed a technology partner and industry-specific solution that is powerful enough to manage our US and UK operations today, while being nimble enough to adopt to what we will need in the future.
“Infor Fashion was the right fit for a global company like SCTA because not only does the team truly understand our industry and our company-specific goals, but the underlining technology is exactly what we need to support multi-site locations more efficiently as we evolve.”
SCTA has also decided to implement Infor Factory Track, a solution that provides end-to-end warehouse automation, along with warehouse mobility, traceability, and tools for tracking labor and time.
Using Factory Track, SCTA is able to help streamline production and improve inventory operations as well as increase visibility and insight to understand true costs, improve cycle times, and respond to customer expectations for on-time delivery.
In addition, Infor SupplyWeb, a web-enabled Supply Chain Management solution, will help SCTA reduce supply chain and inventory costs while increasing operational efficiency and transparency across the organization, says the company.
Stephan Scholl, president, Infor, says: “The fashion industry, while glamorous, is not always easy.
“It’s highly competitive, with global supply chain challenges presenting themselves at each turn. It is more important than ever to have industry-specific IT solutions with the flexibility to meet fluctuating consumer demand, in order to stay profitable and reduce time to market.
“Infor’s fashion and retail solutions designed specifically for the ever-changing demands of the fashion industry, so organizations can move as quickly as the market does.”