The company sources raw materials from multiple domestic and international suppliers under supply contracts that specify quality control and performance standards with just-in-time deliveries. It repurposes over 4,000 pounds of polyurethane foam trim daily, primarily for Jaxx bean bags, contributing to cost and quality advantages. All business operations are conducted through its wholly-owned subsidiary, OneUp Innovations, Inc. The company addresses rising raw material and labor costs by enhancing manufacturing productivity and plans to increase production with low-cost international manufacturers. Sustainability initiatives include repurposing 98% of foam trim, compressing foam products to reduce freight costs and packaging waste, improving manufacturing processes to minimize waste, and establishing local recycling partnerships. Vacuum-compressed packaging is maintained to lower carbon footprint and shipping expenses. Products are sold through distributors, retailers, and e-tailers, with the company providing brand continuity and fulfillment services.
Luvu Brands Inc's Comment on Supply Chain
The company sources raw materials from multiple domestic and international suppliers under supply contracts that specify quality control and performance standards with just-in-time deliveries. It repurposes over 4,000 pounds of polyurethane foam trim daily, primarily for Jaxx bean bags, contributing to cost and quality advantages. All business operations are conducted through its wholly-owned subsidiary, OneUp Innovations, Inc. The company addresses rising raw material and labor costs by enhancing manufacturing productivity and plans to increase production with low-cost international manufacturers. Sustainability initiatives include repurposing 98% of foam trim, compressing foam products to reduce freight costs and packaging waste, improving manufacturing processes to minimize waste, and establishing local recycling partnerships. Vacuum-compressed packaging is maintained to lower carbon footprint and shipping expenses. Products are sold through distributors, retailers, and e-tailers, with the company providing brand continuity and fulfillment services.
Sources:
Luvu Brands Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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