Shaoxing Opens Online Light Textile City And Orders Trading For Spot Trading

Shaoxing Daily: changing from order processing to spot trading

At the twenty-third China International Clothing and Accessories Fair (CHIC2015) in Shanghai, Shaoxing.

The launching ceremony of spot market was officially launched.

This is also an upgraded version of the online Textile City following the launch of the "stock market" last year.

On the same day, the online Textile City signed a strategic cooperation agreement with the China clothing association to accelerate the promotion of spot mode.

"To build a fast supply chain system with spot fabrics, solve the fabric demand of instant purchase and quick replenishment of garment enterprises, and achieve quick response to the upstream and downstream industry chain, is the 4 positive exploration of the textile industry."

Yang Jizhao, vice president of China Textile Industry Federation, said that it will change the mode of operation of textile enterprises, that is, the change from traditional order system to spot system.

Behind the spot paction

A finished garment is often placed under the orders of the upstream garment enterprises, and the downstream fabric enterprises are organized to produce after delivery. The delivery time is even longer.

In other words, from design to cabinet, at least one year.

However, modern people

Consumption is developing towards fast fashion and individuation. Small batch, multi frequency, fast production and sales are new business models pursued by garment enterprises.

Shortening the production cycle and establishing a fast supply chain is a great competitive power for garment enterprises.

At present, such as ZARA, UNIQLO and other world-renowned fast fashion clothing brands, have already built a quick response chain of spot fabric supply enterprises, the shortest production cycle is only one month, or even a week.

A stark contrast is that spot purchases of clothing brands, garment manufacturers and online sellers reached 106 billion 600 million yuan in 2014.

The proportion of the average order trade volume of the supply enterprises has decreased from 97% to 74%, and the spot trade volume has increased from 3% to 26%.

"Relying on the advantages of the industrial cluster in the Textile City, we build online online trading platform for online fabrics to meet the needs of garment enterprises for immediate procurement and quick replenishment."

Yesterday, CHIC2015 "fast e cloth" clothing enterprise fast supply chain solutions forum, Zhejiang vice president of e-commerce promotion, China Light Textile City Network Co., Ltd., general manager Ding Jianjun is introduced.

Profit from stock market

Opening the "spot market" of the online Textile City, the "popular fabric recommendation" and "the latest release" are two striking plates.

New bamboo fiber yarn dyed fabric shirt fabric, all brocade combed cotton printing thin style

Fabric, Bali yarn reactive prints...

The unit price per meter is mostly over 15 yuan, and the spot quantity is one or two kilometers.

"Most of these new products are independently developed by enterprises."

Ceng Xinfu, chief executive officer of the platform, said that hundreds of enterprises have been involved in the release of tens of thousands of spot goods, of which more than half of new products are available.

All goods are delivered at extremely high speed.

For example, goods marked with 24/48/72 can be shipped within 24/48/72 hours respectively.

"Spot trading has opened up a platform for enterprises to connect with global garment enterprises. It has more advantages than a single company."

Yu Xingxiang, general manager of Shaoxing County Textile Co., Ltd.

"Fu Lai Ya" earlier set foot in

Online pactions account for more than 40% of total sales.

"Only in front of the garment enterprises can the fabric enterprises really control their profits."

The "R & D" R & D team launched new products almost every day, and released it with the help of the electronic commerce platform.

Last year, 30% of the new products of "rich Lai Ya" supported more than 60% of the profits, and the profit margin of new products was as high as 20%.

"The pformation of business models brought about by spot trading will fundamentally solve the problem of poor funds caused by backlog."

A textile enterprise owner said that this will become an opportunity for fabric enterprises to get rid of low price competition.

At present, the online Textile City has about 2000000 members and more than 40 thousand garment processing enterprises, with an average daily visit of 2 million 300 thousand times.

By the time of press release, more than thirty thousand kinds of spot markets have attracted thousands of visits.