“A long-term customer, who has been making elastic eight-mei satin for about three years, has always been very satisfied with it. Some time ago, he suddenly said that he wanted to change the rolled edge to a wide edge. Originally, the gray fabric had already come out, and now he has to do it again. , this batch of rolled hems can only be used as inventory.” said a textile boss.
For small and medium-sized textile companies, inventory is undoubtedly the biggest pressure. The gray fabrics that were obviously prepared for orders turned into inventory for some reasons, which caught the textile boss off guard.
Accept change, innovation is the most important
Although innovation in fabrics has high requirements on raw materials, machinery and equipment, simply changing the tissue specifications is also an innovation. Because of this, R&D innovation is something that small and medium-sized enterprises can play at any time.
The customer’s change of mind is not a bad thing for the textile boss. It may also be a change. Don’t look at the small curling to wide hem, it is also a small innovation for the weavers. Maybe the inventory in the warehouse has increased, but what you get is another style of gray fabric. Isn’t this an unexpected gain?
In the current market, there is really nothing creative to sell. You must know that conventional fabrics are just because they are too large and can be produced by everyone. Their prices will always be difficult to rise. But as long as textile companies can come up with some innovative fabrics, For the same thing, orders will be placed. Not only the orders, but also the profits are very good.
Some powerful manufacturers must slow down their research and development after seeing that they cannot obtain high returns despite high investments, and even find it difficult to recover the costs. This has also hindered the development of textile fabrics to a certain extent. At the same time, some small and medium-sized enterprises are more “fearful” of transformation and upgrading due to various reasons, and it will be inevitable to accumulate inventory in their areas of expertise. The lack of high-end products and the proliferation of low-end products may be problems that the textile market will inevitably face in the short term.
Innovation cannot be said to be the only way out in the current market, but it is also a very critical point. Conventional fabrics can never produce satisfactory profits, and the increase in inventory will only add more troubles.
Inventory increases, pressure increases
Inventory has always been a problem for everyone. The main reason why it is difficult for fabric prices to rise now is because of excess production capacity. No matter how much something is, it loses its value. In the past two years, textile bosses have also worked very hard to control inventory. Those who can reduce production and take holidays will never produce one more meter of inventory.
It can also be seen from the inventory days of sample enterprises monitored by Silkdu.com that the current local inventory days are around 36.3 days. In previous years, the inventory days during this period were as high as around 40 days. However, this year’s off-season inventory has remained around 36 days. It also shows that the textile boss has indeed put in a lot of effort.
In the current textile market, not to mention that the inventory cannot be sold at a high price, customers are also suppressing the price of fresh blanks. The price of crude oil has been rising for 6 consecutive weeks, and raw materials have also begun to rise. However, in addition to the price of nylon products in the current market In addition to the increase, other fabrics are still not very good. At this time, the cost is high and the price cannot rise. If the high-priced inventory produced cannot be sold, it will be a big loss.
No matter what, the market adheres to the survival status quo of survival of the fittest. Conventional fabrics become conventional fabrics and conventional fabrics fail. Innovation is necessary if we want to keep a firm foothold.
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