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Moving the goods out the door

Staff -- Home Textiles Today, 8/12/2002

Moving the goods out the door

Inventory turns

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. Wellman6.0x
2. Polymer Group5.7
3. Quaker Fabric5.7
PICKING UP THE REAR: Far behind in inventory turns in a year of stunted retail sales, were three big home fashions producers.
1. Dan River3.1x
2. WestPoint Stevens3.4
3. Pillowtex4.3
Source: Home Textiles Today market research

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