speaks - spesa
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speaks - spesa
speaks N EWSLETTER OF THE SEWN September 2009 www.spesa.org PRODUCTS EQUIPMENT & SUPPLIERS OF THE AMERICAS Textile & Sewn Products Industry Week 2010 Textile & Sewn Products Industry Week 2010 has been selected by the U.S. Commercial Services unit of the Department of Commerce for its prestigious International Buyer Program. Exhibitors and attendees of the events will benefit from the opportunities to meet, network, and develop business partnerships with international buyers, sales representatives, and strategic partners. Textile and Sewn Products Industry Week 2010; which features three independent exhibitions – SPESA EXPO, ATME-I/ MEGATEX, and TECHTEXTIL NORTH AMERICA – has been selected as one of only thirty-five 2010 trade events for the coveted U.S. Commercial Service’s International Buyer Program (IBP). Each year, the IBP brings thousands of international buyers to meet with U.S. companies at major trade shows representing leading industrial sectors in the United States. Exhibitors and attendees of the three co-located shows on May 18-20, 2010 at the Georgia World Congress Center in Atlanta, Georgia will benefit from the expanded opportunities that the IBP creates to meet, network, and develop relationships with international buyers, sales representatives, and strategic partners. As the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration (ITA), the U.S. Commercial Service operates the IBP to help U.S. companies find new international business partners by recruiting more than 125,000 foreign buyers, representatives and distributors from all over the world. In addition to the expanded international attendance that the IBP will bring, exhibitors in the three Textile and Sewn Certified By Products Industry Week 2010 events will also benefit from promotion of their products and services through an Export Interest Directory; access to hundreds of current international industry-specific trade leads; and export counseling, marketing analysis, and matchmaking services. An onsite International Business Center staffed by country and export specialists from the U.S. Commercial Service will arrange meetings for U.S. exporters and international delegates. IBP will also provide valuable assistance to international buyer delegations with the visa application process as well as hotel and travel packages. “We are honored to be selected for the International Buyers Program,” noted SPESA Managing Director Dave Gardner. “The program will exponentially increase business opportunities for everyone at SPESA EXPO through both increased international attendance and the valuable services offered by the U.S. Commercial Service.” “Being selected as the only textile industry event to receive the International Buyers Program certification confirms the value that is being created for exhibitors and attendees at the Textile and Sewn Products Industry Week tri-location of the leading industry shows,” added David Audrain, President of Messe Frankfurt North America. “This valuable Department of Commerce Program will result in increased attendance from key countries around the world and create new business opportunities for both exhibitors and attendees,” stated American Textile Machinery Association (ATMA) Chairman Jay White, Jr. “Anyone who is in the textile business in the Americas should recognize that this is a ‘must-attend’ event.” Sewn Products Equipment & Suppliers of the Americas • 9650 Strickland Road • Suite 103-324 • Raleigh, NC 27615 USA speaks 2009 Annual Meeting Address group of Southern Baptist preachers at a North Alabama retreat. He invited me to go with him. After Uncle Henry was introduced, he took the podium and started by telling the audience that “I have been married for 45 years,” but before he could finish his sentence … the audience gave him a standing ovation that lasted almost three minutes. When they returned to their seats, Uncle Henry completed his sentence …. “to seven different women.” …….. Have you ever seen 1,500 Southern Baptist preachers trying to take back their applause? Albert Einstein Albert Einstein, the great physicist was traveling from Princeton on a train one day when the conductor came down the aisle, punching the tickets of every passenger. When he came to Einstein, Einstein reached in his vest pocket to retrieve his ticket. He couldn’t find the ticket in his vest, so he reached into his trouser pockets. It wasn’t there, so he looked in his briefcase but couldn’t find it there. Then he looked in the seat beside him. He still couldn’t find it. The conductor said, “Dr. Einstein, I know who you are. We all know who you are. I’m sure you bought a ticket. Don’t worry about it.” Einstein nodded appreciatively. The conductor continued down the aisle punching tickets. As he was ready to move to the next car, he turned around and saw the great physicist down on his hands and knees looking under his seat for his ticket. The conductor rushed back and said, “Dr. Einstein, don’t worry about the ticket, I know who you are. I’m sure you bought a ticket.” Einstein looked at him and said, “Young man, I too, know who I am. What I don’t know is… where I’m going.” Where are you going? We at SPESA want you to know where we are going in these difficult days. I hope that you will leave these meetings with a better understanding of… where you are going. When was the last time the United States had a continuous 10-year period without a recession? The answer is: never. A look at recent history bears this out. In February 2000, the NASDAQ average was at 4700 and by September 2002, it was down to 1170, representing a decline of 75%. In January 2000, the S&P 500 average was up to 1500 but, by July 2002 it was down to 815, a 46% drop. In the current markets, the NASDAQ has fallen 54% from its 2007 high while the S&P has also lost 54%. Page 2 Yesterday Frank Henderson, SPESA President CEO, Henderson Sewing Machine Co. When I became the SPESA President, in 2007, I described what I believe to be the “State of our Industry.” I don’t want to take any of it back. We have been here before Today As you can see, we have been here before with similar drops in market values less than 10 years ago. In the five years from the 2002 low to the 2007 high, we survived and prospered with the NASDAQ up 139% and the S&P up 87%. And yes, we will do it again. I realize these are difficult times for both people and companies, but they are not really strange times. We have been here before and survived and prospered during the recovery, and we will do it again, but we have to be prepared. Let’s be optimistic about the future because, with history as our guide, we know we will recover, so don’t stop your improvement efforts, research & development efforts and skills development….. make sure you’re ready when it happens…. I know that you probably think that all of us that were raised in the backwoods of Alabama are all “rednecks,” but I want you to know that one of my uncles is a well-known motivational speaker. Today… there is a new generation of customers, consumers, and businesses. There are cell phones, PDAs, computers, the internet, and Apparel magazine’s Top 50 Retailers are all much different today, and there are new, emerging markets We MUST have forward-looking companies who are optimistic and willing to evolve into the global economy. The US excels in innovation, creativity, design, styling, fashion, sales and promotion. Examples are Nike; Abercrombie & Fitch; Under Armor; Bed, Bath & Beyond; out centers; direct to the customers, and internet sales. We MUST have “passion” for our jobs and our industry. Passion is the catalyst that transforms all the action-oriented information into a successful strategic plan. We MUST be innovative and resourceful. We MUST constantly find new ways to evolve and to prosper. We MUST find radical solutions in an ever-changing world. Uncle Henry Uncle Henry was invited to speak to a (continued on page 3) speaks 2009 Annual Meeting Address We live in a global economy, where companies seek low wages wherever they can find them and sell their products wherever they can get the highest prices. Wal-Mart is an example of the global market. Wal-Mart buys in excess of $15 billion of goods each year from China, while just a few years ago they bought nothing from China. We MUST stay one step ahead of the changing times by embracing change while becoming more flexible. We MUST be agile enough to recognize shifts in demand and respond to them quickly. We MUST quickly react to changes in the marketplace. We MUST have vision… the power to see beyond the obvious. I believe this still represents our industry today. Reconsidering Offshore Sourcing A new study by Archstone Consulting shows that many companies are contemplating the re-establishment of domestic manufacturing amid rising costs and other strategic challenges within the offshoring model. As companies reassess their manufacturing and supply chain strategies for today’s global economic environment, the trend may create significant job opportunities in the U.S., according to their recent study. “For years, the concept of off-shoring, or moving production and/or sourcing operations to a foreign country, has been the mantra of any supply chain manager looking to cut costs,” said John Ferreira, Principal, Archstone Consulting. “Now, amid volatile oil prices and an uncertain global economic future, this analysis no longer is a certainty. Furthermore, companies that will commit to domestic manufacturing can spur much-needed improvements in customer service, innovation, and job creation – especially when servicing the large domestic market.” The study revealed that in the last three years, manufacturers have seen a signifiPage 3 cant increase in costs related to off-shore manufacturing for export purposes rather than in-country demand, which include: Ocean freight costs have increased 135%, highlighting risks and cost volatility; The global commodity price index has risen by 27%; The Chinese Yuan has gained 18% in value compared to the U.S. dollar; Chinese manufacturing wages have risen by 44%. In addition to the rising costs of conducting business on a global basis, the study found several soft cost issues, which affect the true cost of off-shoring, including: Slower cycle/delivery time (59% of respondents); Reduced supply chain flexibility and responsiveness (56% of respondents); Lost visibility, coordination, and control over the supply chain including quality (50% of respondents); Bottlenecks in logistics networks (e.g., ports, transportation) (50% of respondents). The study found that almost 90% of the companies surveyed are considering changing – or have begun changing – their manufacturing and supply strategy and are being more and more selective in making off-shoring decisions. U.S. manufacturers have become increasingly aware of the need for a more sophisticated total cost model that considers factors such as supplier price and terms, delivery costs, operations and quality costs, customer-centric supply capabilities and other situational costs that arise. Uncle Roy Uncle Roy Morris ran a country filling station/store on US#27, just on the outskirts of Booger Holler. US#27 was a main route for Northern Appalachians (Yankees) to get to Florida. Uncle Roy’s store was a hangout for local retired men. Uncle Roy was thought to be a religious man even though he was never known to attend church. Every time Roy would (continued) make a sale he would look up and quote a verse of scripture from the Bible’s New Testament. Two little boys got off the school bus and bought some Moon Pies. As Roy was ringing up the sale he looked up and said “Suffer the little children to come unto me.” Matthew 19:14 A short time later an elderly man came into the store and bought some bread and milk but didn’t have quite enough money. So Roy gave him a quarter. As Roy was ringing up the sale he looked up and said, “Blessed are the poor in spirit for their’s is the kingdom of heaven.” Matthew 5:3 Around noon a brand new 2009 Chevy truck with a new horse trailer pulled up to the gas pump. Uncle Roy went out to fill the tank, check the oil, and wash the windshield. The man went in the store and was drinking an RC Cola and eating a Moon Pie. Roy said, “That’s a good looking horse you’ve got there.” And the man said, “Yea, that is a Tennessee Walking Horse that I’m carrying to a horse show in Tallahassee.” The man asked Roy if he sold horse blankets, and Roy said, “As a matter of fact I do.” Roy went to the back of the store and returned with a green horse blanket and said, “This one is $25.” The man said, “You don’t understand. That is a champion horse, I wouldn’t put a $25 blanket on him, do you have anything better?” Roy heads to the back of the store and returns with a blue blanket. Now… everyone in the store knows that Roy only has one kind of horse blanket but does have them in different colors. Roy said, “This one is $75.” And the man replied, “This one is not good enough.” Again Roy went to the back of the store, brought out a red blanket, and said, “Now, this one is $175.” The man said, “That’s more like it.” As he rang up the sale everyone was wondering what he was going to quote. Uncle Roy looked up and said, “Seek and ye shall find.” Yes, you and I MUST “seek in other places to find business today.” speaks Strategies for Rescuing Your Retirement Peter J. Jackowitz is a Chartered Retirement Plan Counselor and Financial Advisor at Morgan Stanley Smith Barney. He serves as advisor to SPESA’s Investment Committee. There are many do-it-yourself investment resources available to investors today, but none of them can replace the experienced, personal service we provide. We have the expertise and resources to offer an understanding of your complete financial picture, not just your investments. Additionally, in periods of market volatility, when you need the most support, we also can provide: Access to important decision-making research and information Ongoing monitoring of your investment portfolio, while anticipating your changing needs A comprehensive plan for retirement that takes into consideration your other goals—education funding and estate planning, for instance—and includes real responses to market volatility and what the changing markets mean for you. Have A Plan Developing a financial plan is one of the best ways to meet your longterm goals. Your plan should also include a market volatility action plan to help you set realistic goals and manage return expectations in “what if” situations. We can create a new plan for you or refine an existing one. Importantly, we will also follow up at set intervals or whenever changes in your life warrant a financial review. Invest Regularly If you are still working, saving part of your salary for your retirement is an Page 4 By Morgan Stanley Smith Barney LLC help control the uncertainties of financial markets by providing a cushion of income to fund retirement. Check Your Cash Flow Keeping track of where your money goes can give you a better picture of how long your retirement funds might last, or how much you need to save. We can perform a cash-flow analysis to eliminate the guesswork. Peter J. Jackowitz excellent way to rebuild savings that were depressed by market conditions. Your investment could buy more shares of lower-prices equities and other securities that are “on sale” due to market conditions but show good potential. If you don’t feel comfortable investing in more equities, you can choose investments with less risk for your new contributions. We can generate an asset allocation analysis to ensure that your financial holdings, both inside and outside of your retirement accounts, are working together to provide you with a well-diversified portfolio that meets your needs and risk parameters. Consider Working Longer As the unemployment rate continues to rise, holding onto a good-paying job that brings in a regular income can be your lifeline prior to – and even during – retirement. According to a 2007 Urban Institute study, the combination of working longer, continuing to save, reducing spending, and delaying Social Security benefits could significantly increase your retirement income. Just as part-time work allows many people to find a balance between their work and personal lives, part-time retirement can Consolidate Plans for Easier Management Bringing all your financial assets together into one retirement account and/or one spending account can help clarify exactly what you have, where you are spending it and how you might invest your funds to manage them better. We can provide more information on the accounts offered by Smith Barney. Part of the consolidation process will be a comprehensive assessment of your financial holdings and how they might be managed more efficiently to provide you with the current lifestyle and the future retirement you envision. Morgan Stanley Smith Barney and its affiliates do not provide tax or legal advice. To the extent that this material or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Taxpayers should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. 2009 Morgan Stanley Smith Barney LLC. Member SIPC. Morgan Stanley Smith Barney, 150 J.F. Kennedy Pkwy, Short Hills, NJ 07078. Tel. 973-912-7772. http://fa.smithbarney.com/jackowitz. speaks SPESA EXPO to Highlight “Supply Chain of the Americas” SPESA EXPO plans to expand its exhibitor and attendee footprint by adding a special “Supply Chain of the Americas” exhibit at its May 1820, 2010 event in Atlanta, Georgia. This innovative exhibit is designed to deliver greater value to attendees by complementing the show’s traditional equipment, technology, and educational focus with exhibits of textiles and components, design and development services, production and logistics providers, country and industry association pavilions, and other related products and services that support the entire concept-to-delivery sewn products lifecycle in the Western Hemisphere. SPESA plans to expand its May 1820, 2010 SPESA EXPO event in Atlanta, Georgia through the addition of a special “Supply Chain of the Americas” exhibit that will highlight the unique opportunities and wide-ranging resources available to sewn products manufacturers, brand marketers, and vertical retailers in the region. Comprising textiles and compo- nents, design and development services, production and logistics providers, country and industry association pavilions and more, the new exhibit will complement what is already the largest and most comprehensive exhibition of sewn products equipment, technology, and education in the Western Hemisphere. Supply Chain of the Americas will expand the event’s coverage to the entire concept-to-delivery sewn products lifecycle and provide value to design, development, engineering, sourcing, production, logistics, distribution and other industry professionals. The new exhibit is also expected to attract a significantly broader audience to the triennial event, which has historically focused primarily on equipment and machinery exhibits. “Interest in producing in close proximity to the U.S. market is growing,” noted SPESA managing director Dave Gardner. “By expanding the scope of SPESA EXPO, we are working to fill the need that sewn products manufacturers, brands, and retailers have to better understand the opportunities and identify the resources available to them in the Western Hemisphere. We believe that, as the largest sewn products technology and educational event in the region, SPESA EXPO is the perfect venue to bring together the complete range of products, services, and resources available to companies that consider the Americas as part of their supply chain strategy.” For the first time ever at SPESA EXPO, the Supply Chain of the Americas exhibit will welcome the full range of product and service resources that serve sewn products manufacturers, brands, and retailers; including fabrics and textiles, trims and components, textile and screen printing, trend and design, product development and engineering, CAD/CAM, spreading and cutting, contract and package providers, laundry and garment dying, logistics and distribution, product identification and labeling, testing and compliance, sourcing and supply chain, fit and sizing, consulting and education, and other related products and services. SPESA EXPO will also co-locate with Techtextil North America and ATME-I/ Megatex to form the first-ever Textile and Sewn Products Industry Week in Atlanta, Georgia on May 18-20, 2010. SEAMS Association to Host “Supply Chain of the USA” The Columbia, South Carolina–based SEAMS association will host the “Supply Chain of the USA” pavilion in the SPESA Expo. Remembering the success of past industry trade shows at the Georgia World Congress Center in Atlanta where the whole industry showed up, the SEAMS association will host the “Supply Chain of the USA.” SEAMS expects a large draw from retailers, brand owners, and large companies looking for “Made in USA” products. No matter where SEAMS members are positioned within the fashion and sewn products supply chain, they are invited to participate in the pavilion. SEAMS has already reserved space for the first 20 Page 5 members to each take a 10' X 10' space in the Supply Chain pavilion. SEAMS will offer its pavilion participants all-inclu- sive, fixed-price booth packages. SEAMS is a not-for-profit organization comprised of manufacturing and contract manufacturing companies in the sewn products industry. SEAMS supplier member companies provide valuable products and services to the sewn products industry. Membership in SEAMS is one way to enhance your company's continued growth and success. The sewn products industry faces many challenges, and one of the best ways to promote our industry's interests is to join forces with your business colleagues in SEAMS. SEAMS supports the resurging U.S. sewn products industry through educational programs that improve the quality and productivity of the sewn products industry collectively, and of their member firms individually. Companies interested in exhibiting can contact Sarah Friedman, Executive Director, at SEAMS, 4921-C Broad River Road, Columbia, South Carolina 29212 Telephone: 803-772-5861. speaks Speaker and Meeting Reviews. 2009 Annual Meeting Speakers SPESA President Frank Henderson Henderson Sewing Machine Co. Auggie Tantillo, American Manufacturing Trade Action Coalition and Nate Herman, American Apparel & Footwear Association The SPESA annual meeting is a must attend event for me every year. The speakers always share timely information that I can use in our business. The main reason I attend the SPESA annual meeting, however, is to take advantage of the opportunity to network with leaders from various companies in our industry. Mike Land, Dunlap Sunbrand Int'l. My congratulations go out to Frank, Benton, Dave, and the entire SPESA team for an excellent, exciting, and highly relevant Annual Meeting. The speaker lineup was really on point and delivered a message appropriate to the times we face today in the marketplace today. Those that were not there missed alot. Thanks for all you do! Al Irvine, American & Efird Steve Jesseph, WRAP Page 6 This was one of the best annual SPESA meetings I have attended so far. The networking opportunities, excellent speaker quality and wealth of timely industry information made it a very productive meeting. Nina McCormack, Dürkopp-Adler Aaron Ledet, VF Corporation Mary O'Rourke, Jassin-O'Rourke speaks Speaker and Meeting Reviews. Col. Kurt Wilson, U.S. Department of Defense I want to thank you again for the tremendous job you did in putting together an absolutely fantastic annual meeting. The venue was wonderful, the speakers were fantastic and the content was extremely meaningful in these turbulent times. What I learned in the two days will pay for the cost of attending many times over. Kudos to all. Lonny Schwartz Superior Sewing Mch. & Supply The 2009 SPESA Annual Meeting was one of the most complete meetings we have ever had. The location – I thought we were in Italy. The food was the best. The hotel and meeting rooms were great. The speakers and topics were “right on” for our current economic climate. It was the best balance between self improvement topics and topics that are of interest to our customers. There was plenty of time for the always important networking. In conclusion… price, location, and content all helped to set the new standard to beat! John Stern Methods Workshop Page 7 2009 Annual Meeting Speakers I want to congratulate you and the SPESA leadership for organizing one of the best annual meetings in the last 16 years that I’ve attended. The speakers were all knowledgeable, interesting, and very relevant to the state of our industry today. I’ve come away not only with a sobering and realistic appraisal of our industry and our national economy, but also with a renewed sense of optimism for the medium and long-term prospects for the industry. We all know that we have to adopt to changes; now we know how to do it a little better. I also want to compliment you and the staff for creating a relaxed atmosphere at the meeting that encouraged social interaction, free-flowing exchange of ideas, and felt like a party with old friends in beautiful surroundings. Congratulations on a job well done! Martin Gopman Universal Sewing Mch. Carlos Eduardo Botero, Inexmoda (Colombia) Once again the SPESA Annual Meeting which took place this past week in Orlando offered me an opportunity to reconnect with old friends and to make new introductions for growing my business. Morgan Stanley Smith Barney is proud to be an on going sponsor and a part of this meaningful event. Peter J. Jackowitz CPRC Morgan Stanley Smith Barney Bill Smith, International Textile Associates Thank you again for the opportunity to speak at the SPESA Conference. I also really enjoyed meeting everyone at dinner on Friday night. SPESA has a great group of people. Nate Herman, AAFA John Manley, Morgan Stanley Smith Barney speaks 2009 Annual Meeting Gallery Sam Simpson, Gerber Technology; Eric Schlossman, Consew; Mel Berzack, Sewn Products Equipment Co., Kathryn Doggett, SPESA; Al Irvine, American & Efird Patti Fralix; Mike Fralix, [TC]2; Benton Gardner, SPESA Frank Henderson, Henderson Sewing Machine Co.; Lonny Schwartz, Superior Sewing Machine & Supply; Dave Gardner, SPESA; Al Irvine, American & Efird; Mike Fralix, [TC]2 SPESA’s Annual Meeting offered an outstanding opportunity to learn about important economic, governmental, and industry trends. The highly focused presentations and industry networking opportunities helped me identify a number of new business opportunities and better equipped me to compete in the future. The knowledge and contacts that I gained at this meeting are of great value to me and my business. Frank Henderson, Henderson Sewing Machine Co.; Melissa Henderson; Lonny Schwartz, Superior Sewing Machine & Supply Rick Ludolph Productive Solutions John Stern, Methods Workshop; Eric Schlossman, Consew; Jerry Inman, Lectra Americas Page 8 Mike Fralix, [TC]2; Jerry Inman, Lectra Americas; Reed Catlett; John Stern, Methods Workshop; Patti Fralix speaks 2009 Annual Meeting Gallery Mike Land, Dunlap Sunbrand Int'l.; Lonny Schwartz, Superior Sewing Machine & Supply; Martin Gopman, Universal Sewing Machine Co.; Peter Jackowitz, Morgan Stanley Smith Barney; Nina McCormack, Dürkopp-Adler Dave Gardner, SPESA; Steve Jesseph, WRAP; Carlos Eduardo Botero, Inexmoda; Cristina Botero The 2009 SPESA Annual Meeting was excellent as usual. The conference was well organized with wonderful speakers and topics of discussion. As well, the ability to meet and speak on a personal basis with many industry leaders is always invaluable. It’s quite easy to justify the entire trip when you make one good contact. On this occasion we had several. I highly recommend participation in SPESA and this event in particular. Eric Schlossman Consew Lonny Schwartz, Superior Sewing Machine & Supply; Chris Godek, Efka America; Sandy Godek Benton Gardner, SPESA; Frank Henderson, Henderson Sewing Machine Co., Melissa Henderson; Wendy Smith; Dave Gardner, SPESA; Ron Smith, National Machine Products As you know Groz-Beckert USA belongs to other industry organizations because of the various businesses that we are involved in. However, I can safely say that SPESA always has the best speakers, with the most relevant topics of the day. This year was once again no exception. Philip Champagne Groz-Beckert USA Frank Henderson, Henderson Sewing Machine; Carey Friedman, Aiken Industries; Dave Gardner, SPESA; Sarah Friedman, SEAMS; Nina McCormack, Dürkopp-Adler Page 9 Rick Ludolph, Productive Solutions; Dorothy Fullam, Juki America; Marcia Ludolph speaks SPESA Elects New Officers and Board Frank Henderson, Chairman Mike Fralix, Vice Chairman Al Irvine, Secretary/Treasurer Benton Gardner, President Per Bringle, New Board Member Nina McCormack, New Board Member At June's Annual Meeting in Orlando, the Board of Directors elected the following members as officers. The following members were elected to serve on the Board of Directors. Chairman of the Board Frank Henderson President Henderson Sewing Machine Co. Vice Chairman of the Board Dr. Mike Fralix President [TC]2 President Benton Gardner Secretary/Treasurer Al Irvine Group V.P. Sales American & Efird Page 10 Frank Henderson President Henderson Sewing Mch. Dr. Mike Fralix President [TC]2 Al Irvine Group V.P. Sales American & Efird Nina McCormack Chief Financial Officer Dürkopp-Adler America Per Bringle Vice President North America Eton Systems Eric Schlossman Vice President Consew Martin Gopman President Universal Sewing Machine Co. John Stern President Methods Workshop Lonny Schwartz President Superior Sewing Machine & Supply Rolando Bohlemann President Schmetz Needle Corp. Mike Land President Dunlap Sunbrand International Mel Berzack President Sewn Products Equipment Co. Sam Simpson Vice President Global Sales Gerber Technology Jerry Inman Vice President Marketing Lectra Americas speaks New Member - JustEnough Software JustEnough helps companies accurately forecast their demand so they can smartly order inventory without overinvesting. While JustEnough’s customers range from large to small and from industry to industry, some of their apparel and textile customers include Levi Strauss, Chanel, Strandbags (Australian bag retailer) and Ackermans (South African clothing manufacturer). JustEnough was founded in 1994, seeking to help customers meet demand with the right level of inventory. Many times, JustEnough sees companies that struggle with knowing when to take ownership of the inventory (fabric, parts, finished goods) that they ordered. If a company takes on too much inventory, then they risk incurring additional costs from owning it too soon. There’s also the risk that trends change before the inventory is needed, leading to poor sales and markdowns. JustEnough guides companies through this dilemma by giving them a solution that starts with forecasting demand in an accurate and timely manner. With an accurate forecast, it’s then easier to move through inventory planning, assortment planning and replenishment. Through this process, JustEnough has seen many successes such as Ackermans, a retailer with over 540 stores. Ackermans used JustEnough to standardize its demand forecasting, driving down excess inventory by 10 percent and increased sales by five percent. JustEnough is now recommending inventory adjusted for seasonal trends and based on accurate forecasts. Neil Muller, Head of Project Management, said, “JustEnough has taken us to the next level without overtaxing us.” Another success story involves speciality retailer Strandbags. With 350 stores, Strandbags lacked store-by-store buying pattern data and other tools to ensure accurate, prompt inventory replenishment. Using JustEnough, each item’s stocked stores are now ranked so that limited items are sent to stores most likely to sell them. In addition, faster-selling SKUs are proactively restocked and slower moving items are reactively replenished. As Nathan Toussaint, Business Analyst, put it: “JustEnough has a unique way of forecasting and replenishing Strandbags’ stocks accurately at the store SKU level. This would be very labor-intensive otherwise.” To learn more about JustEnough’s solutions and platforms as well as read more customer success stories, visit their website. JustEnough Software 610 W. Main Street, Suite 102 Durham, NC 27701 Email: [email protected] Web: www.justenough.com Malcolm Buxton, President & CEO Todd Kolber, VP Sales, North America Melissa Culbertson, Director Marketing Member - Material Concepts Material Concepts, Inc. is a premier converter and master supplier of consumables for sewn products manufacturers, importers & distribution centers in North America. They are also master Distributors of DuPont™ Tyvek® carrying over 20 styles of hard and soft structure Tyvek. MCI also distributes recyclable wide format sign and banner media made with Tyvek that replaces PVC. MCI can supply your company with any of the following materials. Tyvek® Valéron® Rug Wrap / Carpet Wrap CAD/CAM Supplies Sewn Products Supplies Die Cutting Pads Template Paper Packaging and Shipping Supplies Poly Bags Hangers Page 11 MCI supports CAD/CAM with supplies for sewn products manufacturers and their design, marking, cutting, finishing, trim, laminating, packaging, shipping, and quality control departments in the Northern and Southern Hemispheres. tissue, pattern papers and design papers. MCI’s Dealer Direct™ Private Label Program customers enjoy the benefit of drop ship inventory with no order minimums. Custom packaging and shipping makes inventory sources transparent and fulfills customer needs as quickly as possible. Discounted pricing is available for Private Label Program customers as well as competitive pricing on LTL shipments. MCI is also known for their product consultation, responsive customer service, and CAD/CAM supply specialists. Apparel, upholstered furniture, luggage, nautical, automotive, and aerospace companies are among the industries that use these products and services. MCI manufactures and stocks for immediate shipment perforated papers up to 120″ wide, polyoverlay, plotter papers, plotter pens, separating Material Concepts, Inc. Geoffrey Kohn President and CEO Email: [email protected] Website: www.materialconcepts.com Office (215) 338-6515 x 104 Fax (215) 338-0199 Cell (267) 784-6820 speaks ISMACS ISMACS Convention The International Sewing Machine Collectors’ Society will stage its Third American Convention on October 23-25, 2009 at the Marriott Executive Park Hotel in Charlotte, North Carolina. More than 200 visitors attended each of the previous American Conventions. They came from England, Australia, Japan, Hungary, Germany, Holland, Canada, Norway, and the USA. Convention activities will include a tour of the Harry Berzack Museum (SPESA member) of sewing machines in Charlotte and a visit to the Carter Bays Collection – America’s first serious sewing machine collector and author in Columbia, South Carolina. Machine auctions, machine sales, and social activities are planned. About ISMACS ISMACS was formed in 1985 by a small group of English sewing machine collectors. Since then it has grown into a strong international group with members in every continent and branches in America and Australia. ISMACS is recognized as the leading authority on early sewing machine history and is regularly consulted by the media, museums and other institutions. The Society maintains the world's finest archive with copies of manuals, early advertisements, and patents. All are available to members. For more information: visit www.ismacs.net or contact Harry Berzack at John E. Fox, Inc. (The Fox Company), 2909 Interstate Street, Charlotte, NC 28208 USA Telephone: (704) 399-4581. Page 12 New Member - FastFit360.com FastFit360.com is a web-based tool that speeds up the garment design process by allowing retailers and suppliers to view samples and communicate style and fit changes visually over the Internet. In the same way that social networking sites Twitter, Facebook and MySpace allow users to share information, FastFit360.com allows garment information and images, in either photographic or in 360° format (using FastFit® studio), to 360.com be viewed online by retailers and their suppliers from anywhere in the world. This means that as long as users have Internet access - which can even be through an iPhone or Blackberry - they can view samples, compare them and make fit comments online. FastFit360.com launched in 2008, as a product of Shapely Shadow, Inc. to face the biggest challenge in the Apparel business: the lack of visual tools. Not only is it difficult to produce a consistent fit from location to location, but even more difficult, is getting this done in a timely fashion. By sending an e-sample™ your calendar time is shortened and the idea of a shipment getting lost or stuck in customs disappears. Adapting to a social technology provides a business-to-business network that allows you to collaborate effectively. Networks are the key to success these days. The FastFit360.com network not only slashes the time and cost of shipping garment samples around the world, but also cuts down the number of physical samples that are required and accelerates the approval process. FastFit360.com 1218 S. Santa Fe Avenue Los Angeles, CA 90021 Tel: 1-310-578-8579 Fax: 1-310-577-1817 [email protected] www.fastfit360.com FastFit™ and FastFit360.com™ are products of Shapely Shadow, Inc. Ilona Foyer, President [email protected] Roxy Starr, Chief Technology Officer [email protected] Ben Silver, VP of Sales [email protected] www.spesa.org Attention SPESA members ... If you haven’t done so recently, be sure to check out the new and improved SPESA website. www.spesa.org speaks New Member - Kereon Solutions Kereon Solutions S.A. was established to provide leading edge RFID, GPS, and Biometric solutions to businesses, organizations, and industry to help overcome problems associated with logistics, access control, and tracking of equipment and inventory. Founded by veterans of the RFID, logistic and automation sectors, the company is focused on providing complete solutions using their own knowledge and their exclusive partners’ support. Kereon’s engineering staff, composed of highly experienced hardware and software engineers has developed a RFID technology that can keep track of any activity associated with RFID, GPS, or Biometrically tagged equipment and inventory in real time. Kereon solutions will identify and keep track of goods located in any place within an entire production chain or any other part of a manufacturing complex where the system is installed. Kereon has also developed RFID-GPS solutions to the security issues that most concern end users. Social Media Which social media tools do some organizations currently use in connection with their business? Do not use any social media tools (24%) Blog (20%) Discussion forums (46%) Microblogging tools (e.g. Twitter 28%) Photosharing sites (e.g. Flickr 8%) Podcasts (32%) Private social networking sites (only approved users can join 32%) Publicly available social networking sites (anyone can register 46%) Slidesharing sites (Slideshare.net 2%) Social bookmarking tools (e.g. Deliciious or Diigo 4%) Virtual worlds (e.g. Second Life 0%) Web video sites (e.g. YouTube or Blip.tv 8%) Wiki (2%) Page 13 KEREON SOLUTIONS S.A. System Integrator and Industrial RFID developer Kereon’s management team consists of veterans in software, hardware, RF technology, GPS technology, industrial automation, corporate development, and marketing. They have worked in important product development roles for major organizations worldwide. Kereon Solutions S.A. has positioned itself as a leader in creating a total RFID solution specifically targeted toward their customers’ needs. Kereon’s Competitive Advantages Tailor made technology scouting Tailor made turn-key project management 100% real-time detection of equipment and assets Low cost, reliable RFID special tag Low cost, reliable RFID/GPS solutions Exclusive, tailored security solutions Unique approaches in the tag design with a very long read range (combining several frequencies in one product) Low cost RFID reader and system Portable database with flexible memory size Flexible, user-friendly software Overall inventory cost reduction for customers Kereon’s Motto Protect the environment Customer always at first place Innovation always as a base to our solutions Partners always at our side Roberto Rossetti, CEO Kereon Solutions SA P. Marques de Casa Riera 10 08394 San Vicente de Montalt BARCELONA Phone +39 3348031298 [email protected] SPESA Bylaws SPESA members have overwhelmingly voted to adopt new Bylaws for the organization. The newly adopted Bylaws provide updated guidelines for the governance of SPESA. The original Bylaws, while having been amended several times over the past 20 years, did not reflect the changing nature of SPESA and of notfor-profit organizations in general. In certain areas the old Bylaws were even counter-intuitive to how the organization needs to operate. Bylaws need to be flexible, up-to-date, representative of the organization, general in nature, and cover the broad spectrum of how the organization operates. Many of the changes are more reflec- tive of how associations such as SPESA operate, allowing for more efficient and effective management. One of the most public and obvious changes is the title of the elected leadership and the chief staff person. The elected leaders will now carry the titles of Chairman, Vice Chairman, and Secretary/ Treasurer. The chief staff person will be the President. These changes do not alter the practical day-to-day activities of SPESA, but comport to most other similar organizations and allows for better recognition in the marketplace. Congratulations to SPESA members for bringing their association up-to-date with the adoption of the new, improved, and updated Bylaws. speaks Calendar of Events Imprinted Sportswear Show September 10-12, 2009 Atlanta, Georgia CISMA China Int'l. Sewing Machine & Accessories Show September 22-25, 2009 Shanghai, China IFAI Expo September 23-25, 2009 San Diego, California Imprinted Sportswear Show September 25-27, 2009 Ft. Worth, Texas ISMACS October 23-25, 2009 Charlotte, North Carolina IAF International Apparel Federation & World Apparel Convention November 18-20, 2009 New Delhi, India SPESA Board of Directors Meeting December 8, 2010 Miami, Florida Garment Technology Expo January 8-11, 2010 New Delhi, India Perumoda April 28-30, 2010 Lima, Peru IAF International Apparel Federation Spring Meeting May 16-17, 2010 Georgia World Congress Center Atlanta, Georgia TaSPIW (Textile and Sewn Products Industry Week) • SPESA EXPO • Techtextil North America • ATME-I/Megatex May 18-20, 2010 Georgia World Congress Center Atlanta, Georgia USA Material World West September 30-October 2, 2009 Los Angeles, California Garmentech January 13-16, 2010 Bangladesh China Friendship Center Dhaka, Bangladesh SPESA “Business After Hours” October 13, 2009 Los Angeles, California Imprinted Sportswear Show January 22-24, 2010 Long Beach, California SEAMS Fall Conference October 15-16, 2009 N.C. State University School of Textiles Raleigh, North Carolina Colombiatex January 26-28, 2010 Plaza Mayor Medellín, Colombia SPESA “Business After Hours” October 20, 2009 New York / New Jersey ITCE February 17-20, 2010 Cairo International Fair Ground Cairo, Egypt FEBRATEX Brazil Textile Industry Fair August 10-13, 2010 Parque Vila Germânica Blumenau, Santa Catarina, Brazil Sewing and Stitchery Expo Feb 25-28, 2010 Puyallup, WA Texprocess / Techtextil May 24-27, 2011 Frankfurt, Germany ExpoTextil October 22-25, 2009 Lima, Peru CNIV Congreso Nacional de la Industria del Vestido October 22-25, 2009 Hotel Grand Velas All Suites & Spa Riviera Maya Quintana Roo, México Page 14 Imprinted Sportswear Show February 26-28, 2010 Orlando, Florida SPESA Annual Meeting March, 2010 Atlanta, Georgia AATCC International Conference May 18-20, 2009 Georgia World Congress Center Atlanta, Georgia SEAMS Spring Conference May 21-22, 2010 Georgia World Congress Center Atlanta, Georgia