Coats Digital proudly announces that Hojeon Limited Corp., a leading sportswear manufacturer, has achieved a remarkable 90 percent improvement in capacity scheduling accuracy across its Indonesian factories following the implementation of FastReactPlan. This transformative solution has seamlessly connected and consolidated information from diverse sources, fostering enhanced efficiency and unified operations.
FastReactPlan has emerged as a strategic asset for both Hojeon's headquarters in Seoul and its Indonesian factories, delivering a single, clear overview of the production plan. This enhancement has resulted in a noteworthy ten percent increase in line-scheduling accuracy per factory and a substantial five percent reduction in overtime costs. Moreover, Hojeon now boasts a planning horizon of six months, a significant extension from its previous three-month outlook.
Headquartered in Seoul, South Korea, Hojeon specializes in Original Equipment Manufacturing (OEM) of sportswear apparel for renowned multinational brands. With revolutionary seam-attachment technology and operations spanning seven factories across Indonesia and Vietnam, Hojeon employs over 15,000 workers and achieves an annual turnover exceeding $ 370 million.
Prior to adopting FastReactPlan, Hojeon faced challenges due to fragmented capacity planning and production information across its Indonesian sites. This decentralized approach hindered efficient scheduling, leading to issues such as underutilization of machinery, slow production rates, and unnecessary overtime costs. Eric Kim, General Manager of Hojeon Limited Corp., emphasized the imperative need for a solution to streamline planning processes and address multi-level planning complexities.
FastReactPlan swiftly provided Hojeon with access to critical planning and production data from a unified digital source, enabling holistic visibility into production capacity and standardized information formats. This integration facilitated seamless collaboration across Hojeon's production facilities, empowering master planners to optimize job assignments and enhance overall efficiency.
The implementation of FastReactPlan resulted in a notable 90 percent improvement in production scheduling accuracy rates across Indonesia, alongside a ten percent increase in line-scheduling accuracy per factory. Hojeon also realized significant cost savings with a five percent reduction in unnecessary overtime expenses.
Looking ahead, Hojeon has expanded its partnership with Coats Digital by adopting the GSDCost solution, aimed at establishing accurate method-time-cost benchmarks. Irene Won, Customer Success Manager at Coats Digital, expressed enthusiasm for Hojeon's digital transformation journey, anticipating further enhancements in production efficiencies and financial growth through continued collaboration.
