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It's time to express the hidden pain behind fabric sourcing that has become a bane of the textile industry.
Everyday we are hearing the unprecedented stories of cotton price hike, yarn price increase and lack of availability.
Coal prices are at sky level, dyes and chemicals have no mercy and the freight charges at the level of flight charges.
How to support the art of merchandising without hampering the business? Are the customers ready to listen to these indefinite changes?
Is there room to accommodate the bottom-line hit ?
Prices are closed, orders are accepted but mills are not ready to maintain the prices even for a single day as they do not know what will happen in the next hour.
Is this a man-made situation? Is there a lobby behind it? How does a sourcing person manage to protect the business a billion $ question?
It is very difficult to make sense of certain things.
What will happen if prices fall tomorrow ?
Struggling to digest the unknowns..