| | SEPTEMBER 202519Innovation is not a departure from tradition, it is a tribute to it, woven with purpose, precision, and a promise to the planetResilience in Every Woven ThreadChampo has also faced its share of challenges since its inception. The uncertainty of foreign markets, especially in the US and Europe, is one of the biggest challenges, and it can result in irregular levels of orders and planning inefficiencies. Weather disruptions also cause heavy rains during the monsoon months of July and August to make sun drying yarn a challenge, causing unplanned setbacks to the process of production. In spite of all these, the company keeps itself strongly rooted by carrying out process automation, immersive people engagement with its craft workers and future-readiness. Over the past seven years, Champo has been dedicated to modernizing data collection and analysis across every critical checkpoint in its operations. This sustained initiative allows the company to establish a solid end-to-end digital mapping system, tailored specifically to simplify and enhance efficiencies across its manufacturing operation.Weaving Future with Mindful MachinesGoing forward, the company is targeting the fourth industrial revolution, with a focus on leveraging AI responsibly to drive operational excellence by integrating best of technologies and craftsmanship; thereby enabling the purpose of maximizing efficiency, reducing waste, and adhering to the ideals of Just-in-Time manufacturing. From the last decade, the company has greatly focused on strengthening its expertise via reverse integration. Now, it envisions to propel forward integration, bringing quicker, wiser, and more intuitive solutions to its customers, in the coming decade.
<
Page 9 |
Page 11 >