Speaker "Mey Lakshmanan" Details Back



Textiles and Fashion - BlockChain Usecase to improve margins


The area of focus for the presentation Retail in the Global Market • Global Apparel Retail Industry Value 2014 to 2019 • Global Textile mills Industry Value 2014 to 2019 • Fashion Capitals – Spread to Emerging Markets Regional trade – Surge • Free Trade Agreement and Trading Blocks • Regional Production networks on the Surge • A live example – US as a YARN Supplier Apparel retail business trends • Fast Fashion • Lower price Apparel on the Boom • Luxury Retails on the Rise in Emerging Markets • Sports and Athletic wear • Lean Inventory and fewer Markdowns Blockchain Use cases for Textile and Fashion • I will present the current issues and the ‘AS IS’ trade practices. I high light the high charges caused by intermediaries like Banks & Commission agents, Fiat currency fluctuation and Oil price changes (transportation) • I will present how Blockchain will solve a few of the current issues to improve the bottom line Margin in range of 9% to 12% • I will also show how BlockChain can be used to trace certification (Fair Trade and Organic cotton) across textile and apparel value chain • I will also show how BlockChain will help the businesses to keep up with the trends of the Apparel business trends


Mey Lakshmanan is a Business consultant. He has had a dual career for 30 years. A. Business consulting with a focus on IT product and project development via leading firms such as NTT Data and Tech Mahindra. Provided sales, pre-sales and advisory services in the areas of Blockchain, Cryptocurrency, Big Data and Business Intelligence. - Consulted with JP Morgan, Hanover Insurance, Staples, TJ Maxx, Reebok, Staples, CVS, BNSF, Tokio Marine, MUFG and Forethought - Created three startups Cloveplus -Crypto Products, ML Group – Advisory services in Block Chain, Zubiq – Digital Loyalty product B. Textiles, Apparel manufacturing, sales and global trade of cotton yarn. Successfully developed markets for American and India yarn in North American markets, Colombia and Peru. Focused on costing, supply chain optimization and product positioning in newer markets. - Represented SGR mills, Eden, NC – the USA, Kwality Group – India & Malaysia Mey Lakshmanan holds a Masters in Textile Marketing from School of Textiles – Jefferson University and Bachelor of Engineering – RV College of Engineering, Bangalore, India