South Asia Textile Industries Lanka joins with IFS for major IT expansion
View(s):South Asia Textile Industries Lanka , an ultra-modern manufacturing plant producing weft knitted fabric is on a capacity expansion programme of Rs. 1 billion and, has invested in an ERP solution in collaboration with IFS Application, a media release said.“Under the capacity enhancement programme, we are acquiring state-of-the-art machinery for our production activities and with the connection to IFS Applications Enterprise Resource Planning ( ERP), seamless production cycles are envisaged through better coordination of Machines with Information,” said Madura Wijeweera, the Head of IT of South Asia Textile Industries Lanka was quoted in the release.
The company currently produces weft knitted fabric and specialises in knitting, dyeing, finishing, printing, brushing, and polar fleece fabric with an asset base of over US$ 34 million, generating an annual turnover of $ 60 million, employing over 1,200 people. IFS is a globally recognised leader in developing and delivering enterprise software for (ERP), Enterprise Asset Management (EAM) and Enterprise Service Management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change according to the release.
Priyantha Hapuarachchi, the Chief Financial Officer of South Asia Textile Industries Lanka was quoted as, “The company is a preferred fabric supplier for some of the world’s most renown brands, such Victoria Secret PINK, Tesco F&F, Adidas, PVH/Calvin Klein, Hugo Boss, Armani, Marks & Spencer, Decathlon, Levi’s, and NEXT”. South Asia Textile Industries Lanka is a subsidiary company of Lanka Century Investments PLC and Ceylon Leather Products PLC.