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How would you recommend responding to the low-cost imports

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Reference no: EM132708197

Problem - Just-in-time as a strategy

The American textile industry has moved much of its operations offshore in the pursuit of lower labor costs. Over the past 50 years, textile imports have risen from 2% of all textile production to over 70%. Offshore manufacturers make long runs of standard mass-market apparel items. These are then brought to the United States in container ships, requiring significant time between original order and delivery. As a result, retail customers must accurately forecast market demands for imported apparel items.

Assuming that you work for a U.S.-based textile company, how would you recommend responding to the low-cost imports?

Reference no: EM132708197

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