An Empirical Study On Time Competitive Advantages Of Shandong Textile And Garment Industry

Recently, a strong supply chain of “Made in China” arouse s wide concern and is expected to become new advantages in place of traditional cost advantage. The TBC is classical theory for supply chain and speed economy. But the lack of relevant statistics limits empirical study of the TBC in industrial level and is against this theory in the application in the field of industrial competitiveness. This paper tries to separate related indicators of competitiveness and TBC from the financial data of listed companies. By exploring the corresponding quantitative index measurement model and research method, we can offer useful reference for the TBC in industrial level.Clothing industry is a typical labor-intensive industr y and time the potentiality of industry competitive advantage. In the 1980 s, circulation of textile garment industry revolution in America become an important source of competitiveness constitutes the garment industry. This paper, combined with "made in China" from the labor cost advantage to time competitive advantage, chooses clothing industry for the TBC of specific industry. To be specific: this paper, based on the industrial upgrading competitive advantage analysis framework, isolates specific quantitative index from the textile and garment enterprises open financial data. It by the TBC is for the empirical analysis and comprehensive evaluation of textile and garment industry. This paper collects a total of 39 financial data as sample in Shandong Province and in other parts of the listed companies from 2007 to 2013. The sample is divided into five parts: Big brand enterprises, production enterprises, small and medium-sized brand management, small and medium-sized manufacturing enterprises, small and medium-sized manufacturing enterprises in Shandong Province. And then, based on the TBC, it readjusts the enterprise’s financial data, calculates the added value of the enterprise’s economy and analyzes textile and garment industry time whether there is a competitive advantage. On this basis, this paper by four financial force ratio analysis shows that differences between each part of the textile and garment industry and assesses the strength of the competitive advantage of five parts textile garment industry. In the end, by the factor analysis method, this paper intends to make an comparison between Shandong textile clothing enterprises and companies with the most powerful TBC so as to analyze the deficiency of the textile and clothing industry in Shandong. It ’s turned out that time is an important competitive edge of the textile clothing industry while it is comparatively weak for Shandong ’s. What’s more, people need to strengthen the management of enterprises and speed up the turnover ofproducts to give impetus to the transformation and upgrading of Shandong’s textile clothing industry.The empirical studies indicate that it’s possible to do empirical research on the TBC by virtue of the financial data and indicators. The competitive advantage theory of time can be applied to both the micro supply chain management and the industrial competitiveness’ study.Besides, it’s also helpful to explore the new advantages of “Made in China”.