MILL PERFORMANCE INDEX GLOBAL
MILAN, ITALY
By IFAB MEDIA - NEWS BUREAU - June 12, 2023 | 53 2 minutes read
An essential new benchmarking tool for spinning mills launches today at ITMA 2023 that allows mills to evaluate their performance vis-à-vis others and definitively show the positive impact of U.S. cotton: the COTTON USA Mill Performance Index.
The COTTON USA Mill Performance Index (patent pending) anonymously collects data from participating spinning mills and gives performance measurements across five key cost drivers: material yield, machine productivity, labor productivity, efficiency management and energy management. Data security is a top priority, and anonymity is guaranteed.
The launch of this exclusive tool at ITMA 2023, the world's largest international textile and garment technology exhibition, follows a successful pilot program involving 47 mills across 13 countries. The pilot showed U.S. cotton increased labor productivity and led to better running conditions/less ends down, higher yield in combed and carded yarns, higher machine productivity and higher spindle speed.
"The benchmarking capability of this tool from Cotton Council International (CCI) has the potential to transform a mill's performance," said CCI Executive Director Bruce Atherley. "The COTTON USA Mill Performance Index shows how mills compare to their direct competition and how sourcing U.S. cotton ultimately increases productivity and provides higher yields."
The COTTON USA Mill Performance Index is available on an invitation-only basis to spinning mills that are members of the U.S. Cotton Trust Protocol and consume at least 10,000 bales of U.S. Upland and Supima cotton.