The countdown to 2024 has begun... According to market practice, this time in previous years is the busiest receiving stage of textile enterprises, either busy to catch up on early delivery, or busy preparing goods for next year. However, some people say the "cold winter" before the end of the year! Some enterprises closed down and bosses ran away frequently......

Clothing owners' run away '

Jiaxing, a small village in Zhejiang province that was once famous for its garment industry, has recently become a hot topic for "runaway traffic". In a village in Haining, there were 26 garment factory owners who collectively "disappeared" within a month. As soon as the news came out, the Internet exploded. Workers who have worked hard for a year, seeing that the New Year is coming, but their wages will not come back, this matter is on anyone's heart.

The reason behind the run - Since last year, the domestic clothing industry has been "destocking". Simply put, the goods in the factory can not be sold, the inventory pressure is more and more, and the capital chain is naturally broken. Even if there is an order, it is some low-end, very low profit work, can not fill the hole. As a result, these bosses can only choose to run away.

Will the order explode next year?

As for the state of production, it mainly depends on the continuity of orders.

As we all know, from November to December every year, a considerable part of the production orders of weaving enterprises are foreign trade orders. Due to the long Chinese Lunar New Year holiday, foreign buyers will place some orders for next year in advance to cope with this production gap. This means that it is time to rush to produce the last wave of foreign trade orders.

Judging from the feedback of enterprises, orders for next year have indeed been placed, and the high start-up situation observed in the previous research still exists. This shows that the production stability of weaving enterprises is still continuing. According to the monitoring data of the silk City network, the current orders still provide support for production, and the cold-resistant fabric orders have increased slightly, and the load rate of the weaving factory is stable at 76.6%.

Payment at the end of the year is a top priority

At the end of each year, "payment" is undoubtedly the most important task for textile enterprises, because it directly affects the flow of funds and production and operation of enterprises.

Compared with the past, the payment situation in the textile industry has improved significantly this year. Most textile companies reported that the payment cycle this year was shorter than in previous years. This positive change brings many benefits to the business, not only meaning that the business can recover payments faster, but also means that the money flow efficiency of the business can be improved.

It can be seen that this year, textile enterprises have become extremely cautious in the choice of customers, and are more inclined to deal with some reputable old customers or high-quality customers. This prudent customer selection strategy, whether in the face of regular batch orders or small batch customized orders, effectively reduces the risk of payment and ensures the stability of the company's cash flow.

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