Determine the impact of COVID-19 on the textile supply chain management
Keywords:
Pandemic, Regression, Factor analysis, Digitalized system, Working capital, Customer demand, Supply chain management, Textile IndustryAbstract
The textile supply chain is also affected by the COVID-19 epidemic, as thousands of supply chains worldwide. The textile industry is labour-intensive in structure and interconnected globally. The COVID-19 epidemic resulted in order cancellation and delays in manufacturing orders in the textile supply chain. The shortage of raw materials is another issue due to the closing of international seas and airports. During this epidemic, the textile industry became less important for the world's people as their 1st priority was to survive by purchasing only essential items. Data was collected from employees and industries primarily related to the textile industry. Data analysis was done using factor analysis and regression models. It was also found that most organizations and businesses faced the radical consequences of COVID-19 on textile supply chain management, including working capital, customer demand, and future marketing drives to pursue new customer orders. However, most companies have adopted digitalized systems to run out of production and purchasing.
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