Home News Now contributor Mark Schumacher interviews the top executive of Crypton, which manufactures performance fabrics for the residential and commercial furniture sectors. Keziah talks about the importance of risk management and supply chain diversification, particularly during periods of challenge and disruption. With production capabilities in the U.S., Europe and throughout Asia, the company has been able to pivot as the need has arisen, thus mitigating risks associated with the type of higher costs tariffs have inflicted on the global economy.
As Keziah notes, in addition to China, the company also has to have the ability to make it in places like Turkey, Vietnam or even North Carolina. “It gives us a little bit more capacity within our business to make changes quickly if we need to.” He also addresses the overall importance of a diversified sourcing mix in its ability to provide consumers what they want at the prices they want to pay. For this and more insights from one of the leading brands in the fabric industry, click on the video link below.