Wednesday, February 18, 2009
"Buy American" policy of America
As a "buy Americn" policy, America's Transportation Security Administration (TSA), the Coast Guard, Customs and Border Protection, the Secret Service, Federal Emergency Management Agency and the US Citizenship and Immigration Services may purchase domestically produced uniforms, rather than importing these from other countries.
Pakistan's Nishat Mills Profits
Nishat Mills Ltd (NML), Pakistan's largest composite mill increased its first-half (2008-2009) net profit by 128% to PKR1197m (US$15m), compared to the same period last year. The company's sales rose by PKR4.2bn to PKR12bn, while the cost of sales was upby PKR2bn to PKR9bn during the period under review.
Its profit after tax in the year ended June 2008 jumped by 267% to PKR6.13bn (US$87m), compared to PKR1.67bn a year earlier.
Source: just-style
Friday, February 6, 2009
China's new strategies for textile and apparel survival
1. Production relocation to places where labour is cheap
2. Shifting focus from export market to domestic market and from exports to US and EU to new markets in nebouring Asian countries and south American markets
3. Shifting focus from 'making' to 'creating'
4. Shifting focus from labour intensive to technology and capital intensive production
5. Improving quality
6. Taking joint initiatives such as joint effluent treatment plants
How China may be loosing its competitive edge in textile and apparel?
China may be loosing is competitiveness in textile and apparel due to following factors:
1. Rising labour cost
2. The strenghthening of Chinese Yuan against Euro
3. Rising cost of raw material
4. Inceasing tax rates
5. Shortage of workers
6. Stricter pollution regulations
7. Tight credit policy of banks
Tuesday, February 3, 2009
Operations Management Resources
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