The off-season did not disappoint the textile boss. The market conditions plummeted, and the sharp drop in orders made the textile boss complain: “I can’t do it anymore!”
I heard a few friends in the textile circle chatting a few days ago: A certain large textile factory is going to take a month’s holiday. The wages of workers are almost no longer being paid…
Textile boss: Let’s wait for a month and then talk…
Generally speaking, it is nothing for a relatively large textile factory to have millions of meters of inventory in the off-season of previous years. It cannot be said that there is no pressure, but it is not great. But under such a special situation this year, millions of meters of inventory can put a lot of pressure on the company. As the inventory grows more and more, the pressure is getting bigger and bigger, and the holiday trend is also coming…
“A large textile factory is going to take a month’s holiday. They have too much inventory. More than 10 million meters, with a two-month supply, can still be sold if it is not the off-season. Now the market is so bad, if we don’t have a holiday, it will probably be over…” A person in the textile industry told the editor.
Indeed, the larger the scale of the textile factory, the greater the pressure. The textile factory has about 1,000 looms. The main reason why the textile boss takes a holiday is due to funds and inventory. pressure.
Capital and inventory are full of pitfalls!
On the one hand, the inventory pressure in the factory has not been completely overcome this year. First, the epidemic caused some orders to be cancelled. Half of the goods are regarded as inventory. In addition, although the market was not good before, the factory is still weaving every day. There are no orders placed, and the woven gray fabric can only be regarded as inventory. The factory has more than 10 million meters of inventory. , is a very large amount. It is difficult to digest a two-month quantity immediately under the current circumstances. According to the current market conditions, selling goods at low prices is no longer popular. The backlog of these inventories is causing the textile boss to Part of the reason for the vacation.
Another aspect is financial pressure. It is understood that the factory produces The types of gray fabrics are high-end, and the more high-end the raw materials are, the more expensive they are. For example, the raw material cost of nylon weft stretch gray fabrics produced by this factory is 5 yuan/meter. A simple calculation, based on the 1,000-unit weaving cost of this factory Taking the loom as an example, if there is no holiday, the cost of using the loom such as raw materials for one month will be about 5 to 6 million yuan (or even more). Such a high fee plus employee wages is a very huge number, which is also the main reason for the boss to decisively take a holiday.
It is also helpless to take a holiday. Who wants to take a holiday?
“We are going to be closed for a week in the factory now, because if the workers keep working now, they will definitely not be paid. The profit of the current orders is very low. Those who could make 1 yuan in the past now only have a profit of 20 or 30 cents, and some are on holiday. Workers with longer working hours are only given a basic salary this month, which is almost less than 2,000. This month’s salary has been paid in full. I don’t know if there will be funds to pay workers next month.” A worker with five years of experience said The textile boss with hundreds of looms said helplessly.
In fact, the textile boss doesn’t want to take a holiday, but under the current circumstances It is already difficult for the company to continue operating without holidays, and financial difficulties force them to choose to take holidays.
In this year’s situation, holidays seem to have become a common thing. In the second half of this year, many textile bosses still have a negative attitude. However, the editor believes that, The market can look on the bright side in the second half of the year, because no matter what, the epidemic situation has improved, demand will be greatly improved, and it is the off-season and the market is already deserted. I believe that the market will improve starting from September. Go in the direction!
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