Buy custom obal Dynamics Impacting Yarn Production and Consumption
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| Topic: |
Business
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| Number of pages / Number of words: |
25 / 6990 |
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As apparel production is moving to Central America, with the closing of US operations, spinning manufactures are moving in the same direction to become yarn suppliers and to gain a competitive advantage in speed-to-market strategy for US marketplace.
The key drivers determining the competitive advantage in producing textile and apparel items are many factors such as energy, interest rate, etc...
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According to Julian (2005), the key drivers are labor, capital/infrastructure, technology, and raw materials (Julian, 2005). Labor competitiveness is defined in terms of labor cost per unit of output or called unit labor cost (Culbertson & Hackett, 2005). Capital/ Infrastructure is the money available to build upon an existing base (Julian, 2005)...
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