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- Reduced cost: CoEs help reduce costs by providing latest solutions, incubation ground, testing and training—lowering the risk of production downtime and achieving the same or greater levels of testing and service development with fewer resources.
- Increased efficiency: Helps organizations to optimize their staff and operational efficiency across projects by implementing consistent, repeatable processes , enabling best practices and refreshers courses.
- Reduced risk: CoE models helps reduce risk by providing latest and updated skill sets and continuously monitoring. It also reduces production risk by improving the consistency, quality, and reliability of all applications and services.
- Improvements: By constantly providing Best practices , updated trainings, product development support in processes, SOP architecture , governance policies and organizational structure, These practices can then be custom made also, to the other organizations—in turn shortening the learning curve .
- Alignment: The CoE model can help organizations synchronize business goals .Standardized processes improve communication and productivity.
- Career advancement: The CoE model creates a compelling new career opportunity for professionals.
- This enables the most skilled resources to be directed to areas where they provide the greatest value, which
- in turn helps the organization recruit and retain top talent.
- Outsourcing/off shoring: A CoE can help small enterprises to use its facilities and train work force to do R&D and also (may) provide spare capacity for production.
- Establish satellite CoE’s at around industry clusters and be a standard model for other training institutions to follow.
- Facilitate accreditation of the Enterprise Based Training (EBT).
- Conduct research on various pressing issues of the Apparel industry.
- Be an information hub and a knowledge bank for the Apparel industry.