Textile and Apparel Supply Matrix - Lecture Notes | IN 312, Study notes of International Business

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IN312 International Trade

Chapter 2 Textile & Apparel Supply Matrix Department of International Trade & Marketing (ITM)http://www3.FITnyc.edu/ITM

Chapter 2 - Textile/Apparel Supply Matrix:^ Product Classification SystemsProduct

Classification Systems

-^ The challenge of measuring tradeThe challenge of measuring trade•^ North American Industry Classification System(NAICS), 1997•^ NAICS replaced the 1987 Standard IndustrialClassification System (SICS)•^ NAICS’s 6-digit system:

»^ 2-digit:^

sector »^ 3-digit:^

subsectorg »^ 4-digit:^

industry group »^ 5-digit:^

industry »^ 6-digit:^

nationalg

NAICS Alternate Aggregation Tree "Total"^ 2 clusters

12 groups (Super Sectors)

21 sectors

North American^

Goods-Producing^

Natural Resources and Mining

11 - Agriculture, Forestry, Fishing & Hunting

Economy^

21 - Mining Construction^

23 - Construction Manufacturing^

31/33 - Manufacturing

Service-Producing^

Trade, Transportation & Utilities

42 - Wholesale Trade44/45 - Retail Trade48/49 - Transportation and Warehousing48/49 - Transportation and Warehousing22 - Utilities Information^

51 - Information Financial Activities

52 - Finance and Insurance53 - Real Estate and Rental and Leasing Professional & Business Services

54 - Professional, Scientific & Technical Services55 - Management of Companies & Enterprises56 - Administrative & Support & Waste Mgmt& Remediation Services Education and Health Services

61 Educational Services Education and Health Services

61 - Educational Services62 - Health Care and Social Assistance Leisure and Hospitality

71 - Arts, Entertainment, and Recreation72 - Accommodation and Food Services

Note:This BLS publication

Other Services^

81 - Other Services (except Public Admin)

p^

(^ p^

scheme is a variationon the ECPC clarification

Public Administration

92 - Public Administration

of May 15, 2001.

Unclassified^

99 - Unclassified

31 Manufacturing

North American Industry Classification Systems (NAICS)^313

314

Textile Mills^

Textile Product Mills

(^3131) Fiber, Yarns &Thread Mills

(^3132) Fabric Mills 313111 313113

(^31321) (^31322) N W^ F b i

(^3141) Textile Furnishing Mills

(^3149) Other Textile Product Mills 31411

31412

Yarn Spinning Mills^

Broad Woven FabricsThread Mills (^3133) Textile & Fabric Finishing,Fabric Coating Mills Narrow Woven Fabrics (^) (^3132331324) Handwoven Fabric Mill^ Knit Fabric Mills

Carpet & Rug Mills^ Curtains & Linen Mills

315 ApparelManufacturing

3151 Apparel Knitting Mills

3152 Cut and SewApparel Manufacturing

(^315111) Sheer Hosiery Mills

(^315191) Outerwear Knitting Mills

(^315192) Underwear and NightwearKnitting Mills^

315211

315212

315291

315292

(^313511) Hosiery & Sock Mills

(^313519) Other Apparel Knitting Mills^

(^31529) Other Cut & SewApparel Manufacturing (^31523) Women’s & Girls’ Cut SewApparel Manufacturing (^31522) Men’s & Boy’s Cut SewApparel Manufacturing (^31521) Cut & SewApparel Contractors (^3159) Apparel Accessories & OtherApparel Manufacturing

Men’s & Boys’ ApparelTrimmings & Findings

Women’s & Girls’ ApparelTrimmings & Findings

Infant’s Cut & SewApparel Manufacturing

Fur and LeatherApparel manufacturing

PowerPoint Slide Design: Patrick YanezSource: “Going Global: The Textile & Apparel Industry” Kunz & Garner (2007)

Chapter 2 - Textile & Apparel Supply Matrix:^ Technology & Low

-Cost Labor Paradox Technology & Low Cost Labor Paradox • Technology development

T^

i^ & L^ i^

i

• Transportation & Logistics– Universal Product Code (UPC)– Radio Frequency Identification (RFID)– Real-Time Communications -^ Low-Cost Labor Paradox - Necessity of ProfitsNecessity of Profits -^ Trade Issues in Textiles & Apparel - Methods of Measuring Trade & Productions» Square Meter Equivalents (SMEs)» Import penetration» Apparent consumption» Distressed goods