Start 25th December - Finish 29th Dec 1.1 Introduction (Ifham mohamed) The textile and clothing industry in Sri Lanka has been one of the major export industries which is tremendously contributing to the national income since 1980s. This has mainly expanded under the Multi-Fiber Agreement (MFA) which governed international trade in textile and clothing. The gradual phasing out of the MFA in 2005 steered the intensified competition which triggered numerous innovations in the clothing and textile industry in Sri Lanka, especially in leading companies, in terms of product, process, marketing and organizational structures. Some companies have aspired to become total service providers by designing and developing products while some are exploring the establishment of their own brands. Organic cotton and fair trade clothing have recently been introduced in response to market demand for clothing products. The textile and clothing industry has also introduced innovations in the production side by developing backward linkages, implementing productivity improvement programmes, and adopting lean manufacturing methods. The main driver for process Innovations was intensified global competition. Given that many global players like China and India are delivering basic customer expectations of price, quality and speed, Sri Lankan producers needed to differentiate themselves from the competition by providing better service. Customers are increasingly demanding suppliers to provide integrated services so that they could focus more on consolidating their brand image. In this regard, Sri Lankan textile industry has adapted several innovations in their processes like Total Service Providing options, Development of Backward Linkages, introduction to CAD/CAM Technologies, Enterprise resource planning systems and Green Manufacturing Plants. This report has mainly concerned over the application of Product and Process innovations by MAS Holdings, one of the giants in the textile industry in Sri Lanka. At the wearable technologies show in San Francisco in 2017, MAS unveiled ‘Firefly’, the result of a collaboration with Flex to integrate IoT into clothing. The smart clothing embeds a series of flashing LED lights in an attempt to provide better safety measures for runners, cyclists and construction workers. MAS Innovation has partnered with international universities such as Massachusetts Institute of Technology and Stanford University as well as Sri Lankan universities to research on areas such as wearable technology, health, wellness, digitization, and customization.The MAS holding is being gaining benefit from different types of innovation strategy through R & D. Which are likely Product innovation, process innovation and incremental innovation. In this report we will discuss about three R&D projects and their uncertainty, attractiveness and feasibility but sometimes there can be equal value for all three projects individually on the viewpoint of different analysis.further use of appropriate tools for performance assessment will lead to decide the whether to invest on which project. Finally developing business plan how to commercialize the R&D outcome. 1.2 Organization Overview (Chinthaka) Inspiring the world with design, innovation and excellence, MAS Holdings has established themselves as the preferred supplier of the world’s foremost fashion brands. A company built on a far reaching idea 25 years ago, MAS exuberates the perfect blend of daring, creativity and visionary thinking that has earned them global acclaim. The legacy began in 1986, when three brothers, Mahesh, Ajay and Sharad Amalean took on what seemed to be an unconventional product choice of the time, and went on to pioneer the art of lingerie manufacturing in the South Asian region. Today MAS is one of Asia’s leading manufacturers of intimate apparel, sportswear, performance wear and swimwear, with an annual turnover of over USD 1 billion. Their 41 state-of-the-art facilities spread over 10 countries provide employment to over 60,000 people. MAS’s customer portfolio include strategic partnerships with global brands Victoria’s Secret and Nike, as well as world-renowned brands such as Marks and Spencer, DBA, lululemon, Soma, Columbia Sportswear, Ralph Lauren and Banana Republic. Global design studios located across the world have developed into a vital value addition for MAS, and by integrating lean manufacturing principles through MAS Operating System (MOS), the business is transforming into a lean enterprise, delivering speed and agility to customers. MAS’s investment in people & resources is facilitating innovation throughout the value chain. Today, MAS is a vertically integrated powerhouse with the ability to offer an extensive range of services from design to delivery. The establishment of Bodyline in 1992, signified a momentous achievement in the history of export - oriented garment industries in Sri Lanka. The Company was formed by bringing together two of the world’s renowned lingerie retail brands: Victoria’s Secret - the number one fashion lingerie brand in the US, and Triumph – an influential German lingerie brand present in most countries across Europe and Asia, along with MAS as its local partner. In the beginning, Bodyline operated mainly as a manufacturing arm of the JV’s key brand partner, MAST Industries (the sourcing arm of Victoria’s Secret), committed to fill capacity, while Triumph International, the product development partner provided technical support for the business. Bodyline (Pvt) Ltd. based in Horana Sri Lanka is a world-class apparel manufacturer and is engaged in product design, development, execution and marketing to global brands including Victoria’s Secret, Nike, Triumph, Sloggi, VSX, Arena & Odlo across multiple product categories. Bodyline also has a satellite operation in India with a state of the art factory which employees almost 3000 employees and is a 100% export oriented unit. With 24 years of expertise in intimate apparel, Bodyline prides itself being a lead vendor to Victoria’s Secret with renowned capability for launch execution. 24 years’ experience of making the world’s best bra’s has also resulted in Bodyline developing the ability to better engineer and innovate 3D fit garments which led to key innovation projects with Nike such as the “Nike Sponsored game day kits for Rugby World Cup 2011”, “Turbo Speed swift suit for London Olympics 2012”, “Nike Compression Tight for speedy after game recovery” and “NIKE Fall ‘14 sports bra series”. By 2015, Bodyline was able to reach the category dominance in NIKE Sports Bras and also launched Knockout Front Closure, the best-selling sports bra for VSX. Bodyline believes in changing the game and continues to rewrite the rules in its pursuit for excellence. Selected Projects 1. Project 1 - R&D project(Product Innovation), Smart Garment (Smart Sport Bra), Real time human health statement provider and changes identification. 2. Project 2 - R&D project(Process Innovation), Autonomation Solution, Minimized the operation hadelling. 3. Project 3 - R&D project(Process Innovation), “Name” solution, Total process implement and upgrade. Project Attributes 1. Project 1 - Level of Uncertainty, Attractiveness, Feasibility Uncertainty 50- 50 % Attractiveness 100% Feasibility 100% This project was base on “Victoria Secret” under smart sport garments. Before to start to get this project as a company we have to prove that we have all relevant garment technologies, Skill people and ability to provide the first sample within the given time period. If not the company will loss the relevant Order from the customer. Victoria's Secret is selling an Incredible sports bra - quite literally, as that's what it's called - that boasts heart rate sensors for bpm tracking on the go. The electrodes are on the inside of the bra - which comes in pink or grey - and connect up to "most clip-on heart rate monitors by leading brands". The Incredible sports bra by Victoria's Secret is made from a Body-Wick fabric to keep you cool and dry during workouts, and its makers claim it is suitable for running, boxing and high-impact workouts. https://inhabitat.com/ecouterre/victorias-secrets-incredible-sportsbra-monitors-your-heart-rate/ 2. Project 2 - Level of Uncertainty, Attractiveness, Feasibility Uncertainty Attractiveness 20% Feasibility 100% 100% The purpose was to minimize the operation hadelling. There are level of Autonomation according to the level of human involvement of the process and this project is under Autonomation level 3. Levels of Autonomation Loding Machine cycle Trimming/ Cutting Dispose Transfer to other mach. Level 1 Level 2 Level 3 Level 4 Level 5 Brief Description about the Innovation Combined machines for bottom attach and top stitch of intimates Bra. Simultaneously completing second operation according to tension feed backs between 1st & 2nd machine. Bobbing indicators, Quick & easy de-cupling of machines. Improved access to bobbing. End cutter. Gravity dispose. Current Method Propose Method Analysys 3. Project 3 - Level of Uncertainty, Attractiveness, Feasibility Uncertainty 20% Attractiveness 100% Feasibility 100% Project 3 - R&D project(Process Innovation) is under Autonomation. When doing Autonomation projects there must be involvement of 3 parties:: those are: ● Autonomation Engineers and team ● Industrial Engineering Team ● MAS- MOS (MAS Operation system ) team The purposes of doing this project Proper construction method finalize Proper use of Standard Work Sheet Process mapping and reduce retraining time Production line and process balancing Tack time balancing Increase the efficiency and the effectiveness of the team member Assessment of Project Before doing a new project the project owner or project leading team must follow the “NTI” (New Technology Introduce) process. Project Stage Activity Document Responsibility Approval Project Initiation Idea Generation (name.doc) (name) Idea Evaluation (name.doc) (name) (Departmnt) Project Requisition (name.doc) (name) (Departmnt) The responsibility is to evaluate idea against the current best method. Project stage Activity Document Responsibility Remarks Concept Designing Process Analysis (name.doc) (Person & Department) User feedback need to be taken Initial concept Development Tool to be Used ● PFMEA ○ A Process Failure Mode Effects Analysis (PFMEA) is a structured analytical tool used by an organization, business unit, or crossfunctional team to identify and evaluate the potential failures of a process. ● QFD QFD uses a series of matrices to document information collected and developed and represent the team’s plan for a product. The QFD methodology is based on a systems engineering approach consisting of the following general steps: 1. Derive top-level product requirements or technical characteristics from customer needs (Product Planning Matrix). 2. Develop product concepts to satisfy these requirements. 3. Evaluate product concepts to select most optimum (Concept Selection Matrix). 4. Partition system concept or architecture into subsystems or assemblies and flow-down higher- level requirements or technical characteristics to these subsystems or assemblies. 5. Derive lower-level product requirements (assembly or part characteristics) and specifications from subsystem/assembly requirements (Assembly/Part Deployment Matrix). 6. For critical assemblies or parts, flow-down lower-level product requirements (assembly or part characteristics) to process planning. 7. Determine manufacturing process steps to meet these assembly or part characteristics. 8. Based in these process steps, determine set-up requirements, process controls and quality controls to assure achievement of these critical assembly or part characteristics. ● Axiomatic Matrix Project Stage Activity Document Responsibil ity Approval Remarks Prelim Business Case Compile business case (name.doc) (Person & Department ) (Person & Department ) Meeting has to call Prototype Developme nt Proto design (name.doc) (Person & Department ) (Person & Department ) PDR & CDR review need Final Business case Production test (name.doc) (Person & Department ) (Person & Department ) User feedback need to be taken Business case review (name.doc) (Person & Department ) (Person & Department ) Activity Document Responsibl e Approval Project Stage Remarks Industrializa Handover tion Product to Process owner (name.doc) (Person & Department ) (name.doc) (Person & Department ) Complete Rollout Post Evaluation Business case review (Person & Department ) Responsibil ity for to complete solution implementa tion/ monitor solution at least 3 month User feedback need to be taken 2. Innovation project Selection 2.1. R & D Expenditure 2.2 Uncertainty in R & D project We can conclude the R & D project uncertainty according to the probability of success of the relevant projects and considering the R & D expenditure. If the R&D expenditure is high it can be uncertain project with the failures. 2.3 Scoring Project for Attractiveness Criteria Weight (1-5) Rating (1-5) 1 1 Score (W×R) Projects Inventive Merit Durability of Comp. Advantage Reward Probability of technical success Probability of commercial success R&D costs to completion Time to completion Capital and/ or Marketing Industry profitability 2 3 2 3 1 2 3 Economic, stakeholders, environmental and technological factors Strategic fit Resource Requirements Market size and projected growth rate Emerging opportunities and threats Total 2.4 Profile Analysis Evaluation Criteria Relative Weight I. Economic Impacts Profitability of a new venture Producer’s cost reduction Customer’s value Judgemental Scores V. Low Low Med. High V. High 1 2 3 4 5 addition II. Stakeholders Impacts Companies formed Investment capital attracted Job created III.Environment al Impacts Conservation of natural resources Pollution reduction Environmental friendliness IV.Technological Impacts Publication and patents Royalties and fee earned Licenses and joint ventures 2.5 R & D Portfolio Dimensions In the probability of overall success part, there are three categories: Technical success, commercial success and overall success. In here probability of overall success is getting from considering these three categories. Pro ject s Evaluative Dimensions of Study An nua l R& D Pro ject Cos t Proba bility of overal l Succe ss Technol ogical Maturit y Technol ogical competi tive strength Risk Project Uncert attracti ainty veness Compe titive impact of technol ogies Time to Compl etion R & D project Portfolio Selection Proje ct 1 Proje ct 2 Proje ct 3 Using these tools, study can perform an assessment of each R&D project and select the best project to investment. 2.6 Attractiveness - Feasibility Matrix 2.7 White’s Approach Business Plan - Commercialization of R&D outputs (Manesh Kalansooriya)