Textile Companies Research Articles

Analysis of factors influencing stock returns with firm size as a moderating variable in the garment and textile industry listed on the Indonesian Stock Exchange (BEI) 2016-2020

The problem of this research was entering the era “New Normal” has become an opportunity for economic players to invest in the capital market. Due to the unstable economic conditions, Therefore, investors need to conduct fundamental analysis in macro and micro economics so that their investments can obtain high stock returns the objective of this research was analysis of Factors Affecting Stock Returns with Firm Sizeas Moderating Variable in the Garment and Textile Industry Listed on the Indonesia Stock Exchange (IDX) 2016-2020. The methodology of this research was the collection of data using the scondary data by annual report firm Garment and Tekstil in BEI. The samples used in research as many as 16 firm with technique purposive sampling. The results of the study showed that there is no effect significant of ROE, DER, DER onstock returns. There is a significant negative effect of Interest Rates and Firm Size on stock returns. Variable Firm Size was also not proven to play a moderating role in the influence of ROE, DER, and CR, but Firm Size was able to significantly moderatinge the effect of interest rates on stock returns of garment and textile companies 2016-2020.

Strategic SWOT – factor analysis of a textile company – a case study

SWOT-Factor Analysis of a Textile Company is used to recognize and solve the problem of the constantly changing fashion market and to search for opportunities for the realization of textile products. To analyse the problem of the unresolved economic environment in the textile industry, it needs to follow the policies for sustainable development while developing and showing higher productivity and strengthening its market position. We used a survey and a SWOT-factor matrix. A survey related to the production of textiles and clothing was conducted, and the degree of importance of the respondents' answers and the position they hold in their work organization was determined. A SWOT-factor matrix has been compiled, eliminating the shortcomings of existing solutions in this field. Issues are analysed to describe the strengths and weaknesses of the company. A strategic intensity at level ρ 0.5 means that the company must adopt a conservative development strategy. A diagram of strategic quadrilateral and a diagram of specific strategies have been drawn up, and recommendations have been made for the company's work in the direction of its effective development. The company must adopt a conservative development strategy. For future work of study, it will be possible to control the actions taken and to give an accurate assessment of the performed analysis over a certain period.

Yeşil Tedarikçi-Müşteri Bilgisi ve Örgütsel Yeşil Performans İlişkisinde Yeşil Bilgi Sistemlerinin Aracılık Rolü: Tekstil Endüstrisinde Ampirik Bir Analiz

This study discusses the effect of knowledge levels of green suppliers and customers on the green performance of organisations and the role of green information systems in this relationship. Four hypotheses were developed in the study. The research was carried out on textile companies operating in Bursa, Türkiye. Between August and September 2022, 495 surveys were collected. Green supplier and green customer knowledge levels have a positive and significant effect on organisational green performance. Green information systems fully mediate between green supplier knowledge and green organisational performance. However, green information systems partially mediate between green customer knowledge and organisational performance.

Q&A with Dr John Parkinson, founder and director, iinouiio and partner with Camira Fabrics, United Kingdom

Millions of tonnes of textile waste are sent to landfill every year with only a small percentage being recycled into new products. To drive the shift towards a more circular economy within the production and reuse of textiles, two companies have joined forces, iinouiio (it is never over until it is over), a textile recycling business, and Camira Fabrics, both established in West Yorkshire in the United Kingdom, to develop wool recycling production for new products for fashion and textiles. In this interview, Dr Debbie Moorhouse of the University of Huddersfield talks to Dr John Parkinson about his reinvention of the textile recycling company he originally started over thirty years ago to found iinouiio, a pioneering textile recycling company, and his subsequent partnership with Camira fabrics an innovative textile company, also based in West Yorkshire, United Kingdom, two companies which are now taking on the challenge of textile circularity.

Human resource management practices and employee retention in the Indian textile industry

PurposeThis study is the maiden attempt to understand the effect of specific human resource practices (HRPs) on employee retention (ER) with the mediation of job satisfaction (JS) and moderation of work experience (WE) and job hopping (JH) in the context of the textile industry.Design/methodology/approachThis study adopted a quantitative methodology and applied quota sampling to gather data from employees (n = 365) of leading textile companies in India. The conceptual model and hypotheses were tested with the help of Partial Least Squares-Structural Equation Modelling (PLS-SEM).FindingsThe findings of a path analysis revealed that compensation and performance appraisal (CPA) have the highest impact on JS followed by employee work participation (EWP). On the other hand, EWP had the highest impact on ER followed by grievance handling (GRH). The study revealed that JS significantly mediates between HRPs like CPA and ER. During Multi-group analysis (MGA) it was found that the importance of EWP and health and safety (HAS) was more in employee groups with higher WE, but it was the opposite in the case of CPA. In the case of JH behavior, the study observed that EWP leads to JS in loyal employees. Similarly, JS led to ER, and the effect was more pronounced for loyal employees.Originality/valueIn the context of the Indian textile industry, this work is the first attempt to comprehend how HRPs affect ER. Secondly, it confirmed that JS is not a guaranteed mediator between HRPs and ER, it could act as an insignificant, partial or full mediator. Additionally, this study establishes the moderating effects of WE and JH in the model through multigroup analysis.

Examination of the relationship of depression and leader support within organizational commitment and culture

PurposeThe purpose of this paper is to analyze the relationship of the organization and whether employees in the companies operating in the textile sector receive leadership support when they experience depression.Design/methodology/approachData were obtained from personnel working in textile companies in organized industrial zones located within five provinces: Istanbul, Ankara, Bursa, Izmir and Antalya (defined as industrial cities of Turkey). The reason for choosing these companies was related to the question of whether the mental state of the personnel may have had an impact on the success of the company, especially as the textile industry works with more manpower and knowledge due to the nature of the job. The moderation relationship of leadership support to the relationship of this situation on organizational culture and organizational commitment was analyzed using the SmartPLS program.FindingsAs a result of the analyzes, it was determined that the depression of the employees weakens the organizational commitment, thereby leading to a negative relationship within the organizational culture. But, with leadership support, the organizational commitment increases and the organizational culture is positively affected.Research limitations/implicationsAs the research was conducted in companies in the textile sector in Istanbul, this limitation should be taken into account in future research. In addition, as data is collected from white-collar employees in the administrative staff position (the sample group), this situation should also be taken into account. Considering the questions asked in the questionnaire, it is recommended that future research be conducted on blue-collar workers.Practical implicationsIt can be concluded that the leadership role is an important factor for organizations to prevent employees from being depressed and employees should receive positive support to ensure organizational commitment. At the same time, it can be concluded that the organizational culture is positively affected if the depression of the employees has decreased.Originality/valueThe research is an original study in terms of investigating the relationship of depression status to the leadership support of employees working in textile companies in an environment where competition is consistently intense.

Management System Project for Textile Company using Risk Management Analysis

As technology continues to advance across industries, the strategic role of information in organizations becomes increasingly evident. Recognizing the potential of information technology to enhance operational efficiency and customer satisfaction, various industries have integrated technology into their management systems. However, these innovations also introduce risks to the organization's information landscape. Risk management, therefore, emerges as a crucial discipline to identify, assess, and mitigate information technology-related risks. Textile companies, for instance, employ web-based management systems to support their operations, but encounter challenges hindering effective business process execution. This leads to reduced work performance and hampers goal attainment. This study aims to analyze the risks associated with web-based management systems in the textile industry and to suggest strategies for minimizing these risks. The research combines literature review and analytical methodologies to achieve its objectives. The literature review encompasses topics such as management systems, their components, and risk management. The research proposes a risk management process comprising nine stages: system characterization, identifying threats, determining vulnerabilities, analyzing controls, estimating probability, evaluating impact, assessing risk, proposing controls, and documenting results. Nevertheless, there is very little and/or scarce research on the use of technology throughout the textile industry. Thus, in order to fulfill the research emptiness within the use of information technology to increase the performance of the textile industry, this research underscores the critical role of risk management in safeguarding information technology systems within the textile industry.

A Novel Combined Fuzzy MCDM Approach Based on IMF-SWARA and F-CODAS for Consulting Firm Selection

In today's challenging industry conditions, where being good is not enough to be successful, companies trying to be the best, need consultancy in different fields. Consulting firms provides consultancy services to businesses, and they need to determine the most appropriate one for them. Fuzzy MCDM (Multi Criteria Decision Making) methods are appropriate to solve consulting firm selection problem. In this study, consulting firm selection problem of a textile company operating in Istanbul, Turkey is handled by using a novel combined fuzzy MCDM method based on IMF-SWARA (Improved Fuzzy Stepwise Weight Assessment Ratio Analysis) and F-CODAS (Fuzzy COmbinative Distance-based Assessment) methods. The importance weights of the criteria are calculated with IMF-SWARA method. Findings indicate that the top three important criteria are respectively, experience, references, and reliability. Then, F-CODAS method is used to rank the consulting firms and the best one is presented to the Human Resources department of the textile company. This study contributes to the existing literature in various aspects. It suggests a novel combined fuzzy MCDM method to solve consulting firm selection and a new Fuzzy CODAS based on TFNs is proposed. Moreover, HR managers can use the findings of this study to evaluate consulting firms.

Impact of Social Compliance on Conflict Management in the Readymade Garment Industry

In the global ready-made garment (RMG) market, there is intense competition. To combat ethical issues in the supply chain, vendors have created compliance regulatory standards. Suppliers must also monitor, enforce, and disclose compliance. Therefore, the global garment industry exerted pressure on suppliers from developing countries to implement a code of conduct (CoC) that emphasized social responsibility. The apparel industry has discovered that this Code of Conduct is a valuable instrument for monitoring the compliance activities of its suppliers. Compliance is essential to the prosperity of any RMG organization, according to studies. Studies indicate, however, that it fails in the apparel industry because purchasers may exert pressure on suppliers to prioritize cost savings over non-compliance. Also, demand places suppliers under unnecessary pressure. It cannot, therefore, be used in the fashion industry. Consequently, both positive and negative compliance studies inspired this study. This research is based on contingency theory. The findings of this study illuminate the significance of the connection between social compliance and labor instability in Bangladesh's RMG industry. This study also proposes that Bangladeshi textile companies should have normally utilized lean manufacturing techniques to increase output in accordance with new regulations, despite social compliance challenges. The data in this quantitative investigation were analyzed using Statistical Package for the Social Sciences (SPSS) and Partial Least Squares Structural Equation Modeling (PLS-SEM). Simple random sampling was used to acquire data from 384 employees using survey techniques.

Effect of industry 4 emerging technology on environmental sustainability of textile companies in Saudi Arabia: mediating role of green supply chain management

PurposeThe research objective was to check the impact of industry 4 (I4) technologies on environmental sustainability (ENS) with the mediating role of green supply chain management (GSCM) of textile companies in Saudi Arabia.Design/methodology/approachData was collected from those respondents who were linked with management and also have knowledge of I4 technologies. The researchers distributed 500 questionnaires among respondents for data collection, 350 questionnaires were received, and used for analysis. The researchers employed the quantitative research approach and cross-sectional research design.FindingsThe results indicate that I4 has a positive effect on ENS and GSCM practices except for green purchasing where I4 has an insignificant impact on green purchasing. On the other hand, GSCM practices also significantly mediate between I4 and ENS except for green purchasing which has an insignificant mediating effect.Practical implicationsThis study has a great theoretical contribution to literature as it provides strategic insight to managers as well as policymakers. From the perspective of resource-based view, this study is supportive to use I4 technology practices in GSCM. Furthermore, the current research suggests managers to implement I4 technologies and adopt the GSCM practices. These practices should be part of environmental strategies. The implementation of these practices will assist in building a strong reputation and satisfaction of customers and to fulfill the requisites of stakeholders.Originality/valueThe research was conducted with the extended framework of the mediating effect of GSCM between I4 and ENS of Saudi Arabia textile companies which are considered to be a pioneer study in the extant literature.

WASTE IDENTIFICATION AT FABRIC PRODUCTION LINE IN TEXTILE COMPANY IN INDONESIA

In the last four years, the price of fabric raw materials has increased globally supported by fluctuations in the price of the Dollar exchange rate causing the costs required by textile companies to increase by 81.97%. Based on production data obtained from the company, product quality decreased by 10.28% from 2019 to 2022. Poor product quality accompanied by increasing costs of production raw materials adversely affect company finances, so this study aims to reduce the costs required in the production process. The cost of this production process can be reduced by reducing the waste that occurs during the production process. To deal with this problem, this research was conducted on one of the textile companies in Indonesia that produces fabric. The research began by identifying the existing waste problem by conducting a special questionnaire survey called waste assessment questionaire (WAQ). The respondents in this survey were three people from the textile company who were responsible for the course of the fabric production process in the factory. The results of this questionnaire were used to model the relationship between the types of waste and the types of waste that occurred the most. The results of data analysis showed that there were four types of waste that significantly occurred, namely idle time by 23.9%, unnecessary processes by 20.7%, waste due to product defects by 20.1%, and waste due to excess production by 18.9%. These four types of waste will be further analyzed to eliminate the waste effectively and efficiently.

글로벌-로컬 혼종문화상품의 정체성과 진정성

This article examines the issue of whether hybridised cultural products created in the colonial Western-centric global-local world system can retain local cultural identity and authenticity through the case of African wax. African wax, a wax-printed fabric, is a raw-dye printed cotton fabric produced in factories by European textile companies based on batik, a traditional Indonesian fabric. It is a hybrid cultural product that is neither a traditional African fabric nor produced in Africa, but has acquired the attributes of African culture through its consumption in Africa. According to the conventional view that local culture should be locally generated and produced with originality, uniqueness, and purity, it is difficult to call hybridised wax prints made in Europe during the colonial period as African local culture. Therefore, based on transcultural theory, which interprets colonial local culture from a post-Western perspective, we found that the agency, creativity, and tradition of African local culture in the consumption process transformed the Indonesian-style European wax into African wax and made the wax print an African local culture. Furthermore, we suggest that if authenticity as a commodity is based on originality and genuineness in the production process, then authenticity as a culture should be based on usability, functionality, knowledge, and spirituality in the consumption process, so that Africans as consumers can recognise the cultural products created by wax prints, just as Europeans as producers naturally accept new cultural products such as fashion shows and exhibitions that reappropriate Africanness created by Africans. African wax is an important example of how hybrid cultural products created through the dynamic process of global-local production and consumption during the colonial period can define local cultural identity and authenticity, and what it takes to become new local global cultural contents today.

Labor motivation and its relationship with the performance of employees in a textile company

Desde la perspectiva de este estudio, el objetivo de la investigación considera “determinar la relación de la motivación laboral con el desempeño de los colaboradores en Industrias Súper Sport S.R.L. - 2021”. Dentro de la metodología se desarrolló el diseño no experimental, de enfoque cuantitativo, alcance descriptivo correlacional. La muestra fue censal y la conformaron 105 colaboradores de Super Sport. Para el recojo de datos se utilizó la encuesta como técnica, de igual forma el cuestionario como instrumento con 36 ítems para ambas variables. Para el procesamiento de datos en el entorno inferencial según la prueba de normalidad se trabajó con el estadígrafo Rho de Spearman, encontrando correlaciones positivas. Para la hipótesis general la correlación hallada fue de (r=0,764) indicando que la relación es directa y positiva, concluyendo que la motivación laboral se relaciona significativamente con el desempeño laboral de los colaboradores en Industrias Súper Sport S.R.L - 2021.

ESG in perspective: analysis of challenges and possibilities in a texti-le company, using the GUT matrixESG in perspective: analysis of challenges and possibilities in a texti-le company, using the GUT matrix

Environmental, Social and Governance (ESG) has gained a large viewership through its primary function in assessing the social, environmental and governmental parameters within a company, taking into account a successful change in business model. Therefore, the objective of this work is to reframe the processes and purposes of recycled textile production, considering corporate socio-environmental governance, prioritising actions though the application of the Gravity, Urgency and Tendency (GUT) priority matrix. In this work Bardin’s content analysis methodology was used so that it was possible to organise the data obtained in the interview. The GUT matrix was used to verify which of the listed problems should be prioritised. From the application of the tool, it was possible to detect problems and guide decision making on the company. The main problems include sustainable actions, actions to include locals and vulnerable communities, access to 100% cotton and difficulty in finding local companies responsible for separating fabrics. Solutions for the industry generate advantages which add value to the company, with the objective of reducing costs, increasing revenues, eliminating risks and enjoying opportunities, preferably in all sectors.

EVALUATION OF THE EFFECTS OF INDUSTRY 4.0 ON ORGANIZATIONAL AGILITY WITH FUCOM: IMPLEMENTATION IN THE TEXTILE INDUSTRY

The aim of this study is to determine the effect levels on organizational agility abilities as a result of the implementation of Industry 4.0. Organizational agility was examined in terms of four basic criteria: responsiveness, flexibility, quickness and competence in this study. In addition, twelve sub-criteria have been defined in relation to the basic criteria. In order to determine the sub-criteria, the related studies were first examined conceptually and then expert opinions were used. These experts consist of five engineers working in textile companies for the ready-made clothing group. In the study, FUCOM was used to determine the effect levels of the criteria. In the results of study, it is thought that Industry 4.0 has the most impact on quickness, followed competence, flexibility and responsiveness among the organizational agility. When all the criteria are evaluated, the three agility capabilities that the Industry 4.0 process has the most impact on businesses are identified as “short operation time”, “operational efficiency”, “product quality”.

Indicators of Innovation in the Strategic Management of the Textile Sector

The internal structure of Ecuadorian textile companies includes an important aspect: their level of innovation. To remain competitive, it is crucial for these companies to continuously update and create cutting-edge processes that differentiate them from textile companies in other countries. This study examines the impact of innovation on the strategic management of the Ecuadorian textile industry. Data was collected through a survey based on a structured questionnaire, which was administered to textile company managers in the Sierra region. The questionnaire underwent validation by eight industry experts, and its high reliability was confirmed using Cronbach's Alpha method. The results indicate a positive relationship between innovation and strategic management. Furthermore, the study identifies two key areas that offer significant opportunities for improvement in the short term: the selection and training of talented personnel and the integration of information and communication technologies (ICT) in management processes.

Evaluating Quality of Work Life of Employees of Selected Textile Units in Five Star MIDC, Kagal, Kolhapur

Quality of work life is an effective tool for retaining employee and making the work pleasure for people. In The approach of quality of work life organization consider human resource as most important asset than any other thing in organization. It will help to those industries which are facing problems of employee retention . This study will assist the Indian textile companies to understand Human Resource practices. Quality of Work life now a days is more important than any other thing in human resource management. Quality of work life considers economic, social and psychological needs of people which in turn satisfy their work life & social life

Failure Mode and Effect Analysis with a Fuzzy Logic Approach

Failure mode and effect analysis (FMEA) is one of the most used techniques in risk management due to its potential to solve multidisciplinary engineering problems. The role of experts is fundamental when developing the FMEA; they identify the failure modes by expressing their opinion based on their experience. A relevant aspect is a way in which the experts evaluate to obtain the indicator of the risk priority number (RPN), which is based on qualitative analysis and a table of criteria where they subjectively and intuitively determine the factor level (severity, occurrence, and detection) for each of the failures. With this, imprecision is present due to the interpretation that each one has regarding the failures. Therefore, this research proposes a fuzzy logic evaluation system with a solid mathematical basis that integrates these conditions of imprecision and uncertainty, thus offering a robust system capable of emulating the evaluation form of experts to support and improve decision making. One of the main contributions of this research is in the defuzzification stage, adjusting the centroid method and treating each set individually. With this, the RPN values approximate to the conventional technique were obtained. Simulations were carried out to test and determine the system’s best structure. The system was validated in a textile company in southern Guanajuato. The results demonstrate that the system reliably represents how experts perform risk assessment.

Mathematical models for the formation and evaluation of manufacturing cells in a textile company: A case study

Purpose: Use mathematical models of Mixed Integer Linear Programming oriented to cellular distribution and aggregate production planning in order to obtain the appropriate product family for each manufacturing cell and from this, minimize production and material handling costs through the allocation of production resources.Design/methodology/approach: This article develops two mathematical models in LINGO 18.0 software, performing the computational calculation to obtain the best efficiency in cell formation at minimum production cost.Findings: The mathematical model oriented to the formation of manufacturing cells allows a grouping of products and machines with 82.5% group efficiency. By reallocating machines to each cell and redistributing facilities, the cost of material handling is reduced by 35.1%, and the distance traveled in product manufacturing is reduced by 26.6%. The mathematical model of aggregated planning provides information on production resource requirements such as personnel, machinery, distances traveled, as well as the cost generated by the need to outsource part of the production, inventory maintenance and overtime work.Research limitations/implications: It is necessary to clearly define the capacity variables. The model does not take into account the cost of mobilizing machines and readjusting facilities.Practical implications: The case study company can adequately plan production and efficiently manage its resources.Social implications: The study can be applied to other textile SMEs.Originality/value: The aggregate production planning model requires the assignment of the mathematical model of manufacturing cell formation in order to calculate the resource requirements needed to meet a demand.

From Fabric Consumption to Warehouse Optimization Unravelling the Strategic Journey of Gul Ahmed

This case study explores the challenges faced by Gul Ahmed, a leading textile company, in managing its raw material and finished goods inventory. The company encountered issues related to excess fabric consumption, resulting in surplus inventory and limited warehouse space. Additionally, the rejection of garments during the manufacturing process added to the inventory dilemma. The company's management team, realizing the need for a sustainable solution, convened a meeting to discuss potential strategies to address the storage and inventory management issues. This case study highlights the critical importance of efficient inventory management, space utilization, and the need for proactive planning to mitigate future threats. The findings emphasize the significance of analysing and optimizing raw material consumption and devising strategies for utilizing excess inventory, ensuring long-term profitability and sustainability for the company.