vendredi 17 janvier 2014

Examination Of The Musto Fleece Company

By Marissa Velazquez





Different economies are run by a number of industries. The growth in the cloth industries could be attributed to the heavy investments made in the industries by the private and public investors. The Musto Fleece firm is one of the earliest garment companies to set up in the Mid-West. This company was set up by a number of experts who used in these industries. The team and garment design specialist and a number of plant technicians.



At the time of formation, there was little competition in the industry. Most of the garments and cloths were being hand-produced at that time. The number of firms that had ventured into commercial production was still low. Raw resources required for the setting up of a garment factory were sourced from the regions around the first factory. The cotton, sisal and other resources required were harvested from the local farms.



A lot of fixed costs ha d to be incurred during the first few years of operations. In most regions around the farms, the transport means were very poor. Trucks had to be acquired to transport the raw materials from the farms to the factories. The production plants were operation on basic machines. A few production lines were acquired after some time. This means that the company had to operate for some time before recovering the initial expenses.



The simple garments produced at that time were sold to the local people around the company factories. As the demand for the Fleece produced increased over time, the company had to expend its ventures to supply the markets with what they needed. The production lines were added. More machines meant that more garments could be produced.



The firm soon started sourcing for funds to expand out of the Mid-West region. The expanding operations were headed by an ambitious manager who was in charge at that time. As there were few and established financial institutions by that time, getting a loan to the tune of millions of dollars was very hard. The financial help was done by the government partnering with a couple of other banks. Soon, a number of cotton and sisal spinning plants were set up across the East coast belt. These provided the raw materials needed for production of more garments.



With time, the firm set up a number of institutions within their factories. This is where the company operators would train the recruited workforce. The workers were trained free of charge. The training sessions would equip the workers with spinning and tanning skills. Other opted to take the garment design courses.



Expansion over the last three decades has been exponential. The industry players have been driving the expansion so as to cash in on the growing demand for the various types of cloths. This has grown the Fleece brand. The growth in demand has spurred the growth in sales leading to a very profitable organization.



The Musto Fleece Company is slowly adapting the use of modern technology. The advertising of the products is now being done online. There are also special web sites dedicated to the ordering of products. The delivery is also tracked through the internet. The costs of doing business over the internet are relatively lower as compared to other typical channels.









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