former textile worker
“We work all year round, except for the Chinese New Year, and sometimes even on National Day.”
Textile workers today
“We are going to have a holiday again, three days and one day off, and five days and one day off. The boss likes holidays the most, so he has a reason to take a holiday. Now it is even more exaggerated to have a double holiday and a national holiday, which is comparable to civil servants.”
Since the epidemic, the textile market, which originally only had annual holidays, has become more frequent in holidays. Recently, a textile boss said that he is preparing to take annual holidays at the end of November…
Taking a vacation may be the best choice right now
At the beginning of the epidemic, when the factories were shut down and production was suspended, textile bosses were still worried about when work would resume and when machines would be turned on, rushing to catch up on orders. Now that things have gotten better, they simply “shut things down” and will never restart production if they can take a holiday. There were no orders in the past two years. This year is a bit different. There are no orders and no profits. However, many textile bosses complained about the poor market and continued to produce. However, they can really take holidays when they can. As mentioned last time, there are overseas Because the manufacturer produces a single product, has few orders, and does not have production inventory, it does not even have a holiday during the National Day and prepares to take an annual holiday at the end of the month. In fact, there are many such situations. Nowadays, textile bosses who are threatening to take holidays early are grabbing a lot of them. Simply trimming for a period of time and reducing production capacity to bring back demand is another way.
“We generally make small profits but quick turnover, and the machines in the factory are all running at full capacity. Now the prices quoted for orders are very low, and they are all old customers. There is no way to produce at low profits.” A local textile worker the boss said.
Although it is obvious that even if the loom is fully turned on, it does not mean that it can make money. Many textile bosses use low prices to retain customers, leaving green hills without fear of running out of firewood. However, some weaving manufacturers with few old customers and single products only Inventory can be reduced by reducing startups or even taking holidays. After all, held-down inventory may be the straw that breaks the camel’s back.
How to save yourself in tough market conditions
Reduce inventory and keep funds in hand. In fact, many textile bosses have done this very well this year. They will not produce more inventory even if they reduce the startup time. With the lesson of last year’s unsalable nylon spinning, everyone has learned it. According to reports It can be seen from the weaving days and operating rates of sample enterprises monitored by Silkdu.com that the current operating rate in Jiangsu and Zhejiang is only 68.8%, which is a large gap compared with the same period in previous years. Although the peak season has passed, manufacturers are usually still catching up with the Golden Nine and Silver Ten at this time. For orders, the operation rate is still above 75%. The operation rate in this year’s peak season has dropped more than in previous years. The phenomenon of sluggish peak season is vividly reflected. It is precisely because the operation rate is not high that this year’s inventory is less than in previous years. Many, the current number of weaving days for sample enterprises in Jiangsu and Zhejiang is around 36.1 days, which is a relatively reduced number.
In fact, as long as we control inventory well and avoid excessive inventory, and not blindly follow production trends, it is the best way to save ourselves in the current difficult market. Of course, we must also continue to improve ourselves and optimize products on the original basis. This year, we will receive orders There are also soft-handed textile companies, mainly because their products are excellent, which many weaving manufacturers do not have. Nowadays, price concessions are no longer an advantage for many manufacturers in taking orders. With the improvement of the quality of life, only the special properties of the fabrics themselves To get extra points.
Many textile people are not optimistic about the current market. This is also true. This year is indeed very bad, but at the same time, it seems that textile bosses have changed the bad habit of desperately producing inventory. Perhaps this can be due to reduced production capacity and no demand now. How fast it can recover depends on whether fabric prices can rise.
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