The textile industry in the United States has moved much of its operations offshore in an effort to decrease labor costs. Over the past 50 years textile imports have risen from 2% of all textile production to over 70%. Offshore manufacturers ship apparel items in container ships requiring significant time between original order and delivery. As a result, retail customers must accurately forecast market demands for imported apparel items. Assuming your company requires a just-in-time strategy, how would you handle the low-cost imports?
- Your initial post should be 200-300 words, formatted and cited in current APA style.