Latest Entries

FDRA & Romans CAD Host Workshop to Help Brands Save Production Time, Cut Costs

Technological advances are infiltrating all aspects of design — and 3D product development is at the head of the charge. The 3D Product Development Workshop, co-hosted by FDRA and Romans CAD in New York on Nov. 13, aimed to bring 3D design software to a broader swathe of the footwear industry. Consisting of a full day of talks and case studies, the workshop explored the different applications of 3D platforms — specifically Romans CAD — on the design process.
The impetus for brands to change their production process is clear: the financial environment for footwear companies is increasingly challenging. Shoes carry some of the highest duties of any imported good, with an average rate of 11 percent per pair and some reaching as high as 67 percent for children’s shoes.
“U.S. companies spent $2.88 billion on duties in 2017 alone; by comparison, the iPhone has a duty rate of 0 percent,” explained Andy Polk, SVP at the Footwear Distributors & Retailers of America.
Combined with increasing customer expectation for discounts and affordability, he said, the result is a squeezed profit line for footwear brands.
One solution is to maximize the efficiency of production to save both time and cost — and 3D product development achieves this.

Follow Footwear News on Twitter or become a fan on Facebook.

Read More…

Via:: https://footwearnews.com/2018/business/technology/3d-product-development-footwear-industry-fdra-1202706313/