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Netizens Broke The News: The World'S Largest Knitted Fabric Supplier Was Canceled 4500 Tons A Day?

2020/3/23 14:00:00 168

Knitwear SupplierCancel Order

Since March, textile and garment enterprises in various parts of the country have resumed the resumption of production and production. However, the overseas orders of textile and garment enterprises have been gradually weakened and sustained by the global epidemic.




In March 21st, friends of the circle came out with such a screenshot. Some netizens said, "Fukuda has cancelled 4500 tons of orders a day, including hundreds of tons of it," and it has made many spectators cold.


Futian industry is one of the largest cylinder knitted fabric producers in the world. It provides highly vertical integrated services such as knitting, dyeing, printing and finishing. In addition to the core business of producing and selling knitted fabrics, the company's products include yarn, sewing thread and ready-made garments.


As a supplier of Main knitted fabrics, Foton industries provides garments to garment manufacturers in over 40 countries, producing garments made of sportswear, casual wear, pajamas and underwear, and many other well-known international retailers and brands. The company has production facilities in China, Sri Lanka and Indonesia.


Measures are being taken to strengthen control and control in many countries, including curfew, travel restrictions, closing borders and suspending public transport services. The entities were damaged, and many countries exercised force majeure and countermeasures.



At the same time, the new crown epidemic situation will undoubtedly exacerbate the export of Chinese textile and clothing. Export enterprises are facing severe challenges. With the spread of the epidemic around the world, the demand for major textile and garment markets in the world will drop, and the affected market will not only be as simple as that of last year, but the problem of overcapacity will also become more prominent.
At present, the textile market is in a low season, which is the consensus of the overwhelming majority of people. Of course, this situation is inseparable from the impact of the epidemic of pneumonia and the weakening of the global economic situation. There is no definite answer to how long this effect can last. Textile workers should be prepared for a protracted war.
At the same time, the current situation is changing every day. Finally, I remind you again that you must know the current state and policy of the destination country before shipment, and ensure the safety of the collection.
Textile printing or dyeing enterprises will be suspended.

Affected by the market, the withdrawal of textile trade enterprises is becoming more widespread. In our view, there are many similar withdrawals. At the same time, considering that the latter market will be in a severe state, some printing and dyeing factories no longer consider recruiting new employees.




International Labour Organization

The epidemic or the unemployment of 25 million people around the world


According to the ILO report released in March 18th, the world's largest number of unemployed people will be increased by the new coronavirus epidemic. In all parts of the world, factories are shutting down and shops shut down, and business activities are seriously stagnant. The unemployment rate caused by the epidemic may exceed 2008~2009 years' financial crisis (about 22 million people are unemployed).
 
Guy Ladd, director general of the International Labour Organization, said, "the new coronavirus not only poses a crisis to health, but also poses a crisis to the labor market and economy". Affected by the virus infection, many enterprises use home office mode. The organization predicts that the "incomplete employment" with reduced labor hours and wages and poor working conditions will expand significantly.

        

The decrease in working hours will affect the income of labourers. According to the International Labour Organization (ILO), loss of revenue of US $860 billion will be generated at the end of 2020, which will cost US $3 trillion and 400 billion at most. It may be plunged into a vicious cycle of decreasing income, cooling personal consumption and further stagnation of corporate activities. The organization is particularly concerned about the employment situation of young people, the elderly, women and immigrants.

  

On the other hand, the International Labour Organization emphasizes that if countries can introduce policies to protect workers, the impact of the epidemic on employment will be greatly reduced. It is estimated that only 5 million 300 thousand of the unemployed will be affected at the lowest level.   

 

Please make timely receipt of shipment in the near future.

Otherwise, the goods may be two empty!


The United States declared a state of emergency in March 13th. The federal government will start a $50 billion emergency fund for state medical institutions to cope with the outbreak of new crown pneumonia. Meanwhile, all States are required to establish an emergency command center for new crown pneumonia as soon as possible. At the same time, we will close the personnel access between Europe and Europe, and will make more strict management and inspection of personnel and goods. In view of the current situation, it is suggested that trade actions with the United States need to be taken care of.

It is understood that at present, many enterprises and institutions in the United States have entered the state of remote home office and semi shutdown, which has a great impact on the normal operation of logistics. Here, we have also summarized the following points for attention. Please tell each other to avoid two empty goods.

1. as the shipping companies and logistics enterprises in the United States began to work at home, there was a significant delay in the delivery time of the shipping companies. The truck hour for transferring inland is also uncontrollable.

2. there will be a lot of additional storage fees, container fees and truck waiting time for the terminal congestion. Therefore, all the extra expenses will be paid attention to.

3. if shipowners continue to work at home, in order to avoid delay in delivery, they may take the form of radio frequency release, which will generate corresponding electricity release fees.

4. be sure to confirm with the consignee whether the goods can be collected on time. If the consignee fails to receive the goods on time, there will be overdue charges for the use of boxes, storage and prepaid expenses.

5. to the United States, we need to send ISF (import safety declaration) or customs clearance POA (US Customs customer authorization letter). It is recommended to send as early as possible to avoid fines.

6. taking into account the financial collapse and economic downturn in the United States, we must understand the financial situation of the consignee, collect timely payments and avoid the situation of abandonment.

In addition, Recently, Amazon suddenly issued a notice calling for "FBA unnecessary goods to stop storage".

1, Amazon is closely monitoring the development of COVID-19 and its impact on buyers, sales partners and employees. In order to provide the best service to all, we only give priority to receiving necessities and medical supplies in the operation center. Commodities such as household staples or medical supplies can not be sent to Amazon operation center.

2, the warehousing limit is March 17th 5am (PST), and is implemented until April 5th. Seller email notification / seller background notification / help page will be released in 5am (PST) in US and EUS in March 17th, and all language versions (including Chinese) will be updated later.

3, during the restricted storage period (-4 March 17th, 5), we expect that the meeting will have a greater impact on the seller's business, Amazon's warehouse management and buyers. The seller can not send any commodity other than daily necessities and medical supplies to the operation center. We will publish seller's background notification, seller email notification, and new help page, so that sellers can understand this restriction.

Therefore, a small partner who is a FBA must also pay attention to warehousing, inventory and so on. It is suggested that overseas warehouses should be transferred to other ways as soon as possible.

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