It is with great pleasure that today we announce the signing of a Memorandum of Cooperation (MoC) with Gherzi Germany Driven by an engineering mindset, Gherzi is the leader in the strategic development and expansion of companies in the textile industry working with its customers to transform the textile industry into an ecologically, economically, and socially responsible trade. Cooperating with the European Blockchain Association, the organisation aims to explore how blockchain technologies can support traditional industries and provide new ways of connecting the old economy with the new.
On February 6, 2023, Dr. Michael Gebert, Chairman of the European Blockchain Association and Anton Schumann, CEO and Partner Gherzi Germany, signed a Memorandum of Cooperation. Going forward, both organisations will work together to bring innovative technologies and management concepts to the textile industry.
Gherzi’s mission: transforming the textile industry
Gherzi, an independent, global firm, is the leader in the strategic development and expansion of companies in the textile industry. The company focuses on management consulting as well as engineering & architecture services, supporting clients during all stages of the value chain in the global textile industry – from fiber/polymer to finished ready-made garments.
Gherzi, an independent, global firm, is the leader in the strategic development and expansion of companies in the textile industry. The company focuses on management consulting as well as engineering & architecture services, supporting clients during all stages of the value chain in the global textile industry – from fiber/polymer to finished ready-made garments.
Gherzi’s expertise is based on 90 years of experience providing the firm with a strong, holistic understanding of textile value creation and the global supply chain. The organisation’s services range from developing business plans and growth strategies to project controlling or design and implementation of warehousing and material flow. Gherzi Germany (founded 2017) is a subsidiary of Gherzi Textil Organisation AG, Zurich, founded in Switzerland in 1929.
The textile industry: an old economy looking for new ways to do business
“The textile sector is a prime example of an industry that needs to undergo change, not only to maintain its position in the market but also to conform to contemporary ideals and the expectations of consumers.”, says EBA chairman Michael Gebert. “We are quite pleased by the organization’s proactive shift to new technology and management methods in order to accomplish this objective, and it is an honor for us to work with Gherzi on this quest.”
“Born in the turmoil of the first Industrial Revolution, shaped by the global drive of the textile supply chain, our industry has always needed the ability to transform and adapt to changing environments. Today, we are looking at many challenges ranging from changing supply chains and consumer behaviour, to new, sustainability-driven legislation, and a shortage of raw material and work force. Blockchain technology can help address these. Cooperating with the European Blockchain Association gives us the opportunity to work with many experienced experts and benefit from the broad, decentralised community. We are very much looking forward to the exchange”, states Anton Schumann.
👉 Read our interview with Anton Schumann to learn more about how blockchain could address the challenges of the textile industry.