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Moving the goods out the door
Staff -- Home Textiles Today, 8/12/2002 12:00:00 AM
Moving the goods out the door
Inventory turns
| Source: Home Textiles Today market research |
|
| OUT IN FRONT: In last year's recession and consumer spending slowdown, building inventories and moving the product out the door became more of a tricky, critical issue. It is particularly challenging when suppliers are increasingly trying to balance what they produce in the United States and what they bring in from abroad. It says a lot about the current state of the industry that of the three highest rates of return recorded in this year's Report Card, only one came from a home fashions producer, Quaker Fabric. The other two companies, Wellman and Polymer Group, are further down the supply chain as suppliers to finished goods producers. | |
| 1. Wellman | 6.0x |
| 2. Polymer Group | 5.7 |
| 3. Quaker Fabric | 5.7 |
| PICKING UP THE REAR: Far behind in inventory turns in a year of stunted retail sales, were three big home fashions producers. | |
| 1. Dan River | 3.1x |
| 2. WestPoint Stevens | 3.4 |
| 3. Pillowtex | 4.3 |
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