B2B Enterprises In Textile Fabric Industry Transform The Traditional Trade Process

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Leading trading B2B enterprises often have the following characteristics: industry track market space is broad; 1. The upstream is relatively dispersed and the downstream is more dispersed; 2. There are many traditional links, low circulation efficiency and large space for transformation; 3. Standardized and rapidly reproducible performance services; 4. Product pricing ability and healthy operating cash flow;

Textile fabric industry as a trillion level market space track, the characteristics are fully in line with the above points, the industry has also appeared the head of the B2B enterprises.

In 2018, the scale of China's textile fabric market reached 1.5 trillion yuan (about 217 billion US dollars), occupying an important share in the global textile fabric market with the scale of 6.5 trillion yuan (about 925 billion US dollars).

The industry chain of textile and fabric industry is long. The raw materials of upstream fibers are spun into yarn by spinning mills, and then they are woven by weaving mills and printed and dyed by printing and dyeing factories to form net color, cross stripe and pattern fabrics. The finished fabrics are sold to the downstream garment factories after being circulated by one-level and multi-level wholesalers.

The upstream finished fabric production includes yarn manufacturing, grey fabric production and printing and dyeing.

Yarn manufacturing: China's spinning market is scattered, and the market share of listed companies is less than 1%.

Grey fabric production: the same decentralized market concentration. At present, there are more than 20000 grey fabric factories in China, and more than 1.5 million looms are on the market, and the market share is also less than 1%.

Printing and dyeing industry: China's printing and dyeing industry is characterized by regional concentration and low market share of single enterprise. The production is mainly concentrated in the eastern coastal provinces of Zhejiang, Jiangsu, Fujian, Guangdong and Shandong, where the upstream and downstream industrial chain is matched, the specialized market is relatively developed, the water resources are abundant and the environmental carrying capacity is strong. The printing and dyeing cloth output accounts for more than 95%. Jiangsu Shenghong group and Hangmin Co., which have the highest printing and dyeing capacity in China, only account for about 4% and 2% of the total production capacity in China.

Based on the precipitated big data, the intelligent allocation of production orders is carried out, and the loom capacity is efficiently allocated and revitalized. At the same time, the purchase of grey fabric can be centralized and the cost of yarn procurement can be reduced. In addition, it can also create positive cash flow of the industry by virtue of its fast-growing supply chain financial service capability.

Enterprises in the industry enter B2B has established the status of high-quality textile industry and established the necessary ability of China's textile industry. Relying on the potential of technology empowerment and digital drive to reconstruct the textile fabric industry chain, the long-term partner in the capital market firmly leads the future development of the industry.