Author : Colin Brown; Scott Waldron; John Longworth; Zhao Yutian

Summary : Chinese wool textile mills find themselves in the midst of a transition that includes changing ownership and governance structures, upgrading equipment and technology, and improving managerial and operational practices and analytic capabilities. Many mills are only now addressing the latter phase of transition and are seeking ways to effectively go about the process.In this rapidly changing environment, the presentation of one-off findings may be of limited value. Changing relative prices and cost structures can quickly outdate a static analysis. Furthermore, Chinese wool textile mills exhibit enormous diversity in sizes, structures, technology and operational practices. Thus, the series of analyses and models discussed in this report have been designed to be flexible and to be tailored to individual mills. Much of the emphasis has been on describing or illustrating the approach so that mills can apply the approach or model to their own set of circumstances.