Deckers Outdoor Corp (DECK) |
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Deckers Outdoor's Suppliers Performance
DECK's Supply Chain
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DECK Costs vs Sales of Suppliers Growth |
Revenues of Deckers Outdoor's Suppliers, deteriorated by -23.9 % compared to the same quarter a year ago, from the previous quarter, sales fell by -3.61 %, Deckers Outdoor recorded an increase in cost of sales by 11.97 % year on year, sequentially cost of sales grew by 54.41 % in Q3.
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Deckers Outdoor's Suppliers realized a deteriorated in sales by -23.9 % compared to the same quarter a year ago, from the previous quarter, sales fell by -3.61 %, Deckers Outdoor recorded increase in cost of sales by 11.97 % year on year, sequentially cost of sales grew by 54.41 % in Q3.
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News about Deckers Outdoor Corp Contracts |
Deckers Outdoor's Comment on Supply Chain
We do not manufacture our products; we outsource the production of our brand footwear
to independent manufacturers primarily in Asia. We require our independent contract
manufacturers and designated suppliers to adopt our Supplier Code of Conduct,
which specifies that they comply with all local laws and regulations governing
human rights, working conditions, and environmental compliance before we are willing
to conduct business with them. We also require our manufacturing partners and
licensees to comply with our Restricted Substances Policy, Anti-Corruption Policy
and other compliance policies and procedures as a condition of doing business
with us. Primarily, as we grow, we expect to continue to rely exclusively on independent
manufacturers for our sourcing needs.
The production of footwear by our independent manufacturers is performed in
accordance with our detailed specifications and is subject to our quality control
standards. We maintain a buying office in Hong Kong and an on-site supervisory
office in Pan Yu City, China that together serve as a link to our independent
manufacturers, enabling us to carefully monitor the production process from
receipt of the design brief to production of interim and final samples to shipment
of finished product. We believe this regional presence provides predictability
of material availability, product flow and adherence to final design specifications.
To ensure the production of high-quality products, the majority of the materials
and components used in production of our products by these independent manufacturers
are purchased from independent suppliers that we designate.
At our direction, our manufacturers currently purchase the majority of the
sheepskin used in our products from two tanneries in China, which source their
skins for our products primarily from Australia and the UK. We maintain communication
with the tanneries to monitor the available supply of sufficient high quality
sheepskin for our projected UGG brand production. To ensure adequate supplies
for our manufacturers, we forecast our usage of sheepskin in advance at a forward
price. We have also entered into purchase commitments with certain sheepskin
suppliers.
Excluding sheepskin and UGGpure, we believe that substantially all the various
raw materials and components used to manufacture our footwear, including wool,
rubber, leather, and nylon webbing are generally available from multiple sources
at competitive prices. We began using UGGpure, wool woven into a durable backing,
in many of our UGG products in 2013. We generally outsource our manufacturing
requirements on the basis of individual purchase orders or short-term purchase
commitments rather than maintaining long-term purchase commitments with our
independent manufacturers.
We have instituted pre-production, in-line, and post-production inspections
to meet or exceed the high quality demanded by us and consumers of our products.
Our quality assurance program includes our own employee on-site inspectors at
our independent manufacturers who oversee the production process and perform
quality assurance inspections. We also inspect our products upon arrival at
our distribution centers.
Deckers Outdoor's Comment on Supply Chain
We do not manufacture our products; we outsource the production of our brand footwear
to independent manufacturers primarily in Asia. We require our independent contract
manufacturers and designated suppliers to adopt our Supplier Code of Conduct,
which specifies that they comply with all local laws and regulations governing
human rights, working conditions, and environmental compliance before we are willing
to conduct business with them. We also require our manufacturing partners and
licensees to comply with our Restricted Substances Policy, Anti-Corruption Policy
and other compliance policies and procedures as a condition of doing business
with us. Primarily, as we grow, we expect to continue to rely exclusively on independent
manufacturers for our sourcing needs.
The production of footwear by our independent manufacturers is performed in
accordance with our detailed specifications and is subject to our quality control
standards. We maintain a buying office in Hong Kong and an on-site supervisory
office in Pan Yu City, China that together serve as a link to our independent
manufacturers, enabling us to carefully monitor the production process from
receipt of the design brief to production of interim and final samples to shipment
of finished product. We believe this regional presence provides predictability
of material availability, product flow and adherence to final design specifications.
To ensure the production of high-quality products, the majority of the materials
and components used in production of our products by these independent manufacturers
are purchased from independent suppliers that we designate.
At our direction, our manufacturers currently purchase the majority of the
sheepskin used in our products from two tanneries in China, which source their
skins for our products primarily from Australia and the UK. We maintain communication
with the tanneries to monitor the available supply of sufficient high quality
sheepskin for our projected UGG brand production. To ensure adequate supplies
for our manufacturers, we forecast our usage of sheepskin in advance at a forward
price. We have also entered into purchase commitments with certain sheepskin
suppliers.
Excluding sheepskin and UGGpure, we believe that substantially all the various
raw materials and components used to manufacture our footwear, including wool,
rubber, leather, and nylon webbing are generally available from multiple sources
at competitive prices. We began using UGGpure, wool woven into a durable backing,
in many of our UGG products in 2013. We generally outsource our manufacturing
requirements on the basis of individual purchase orders or short-term purchase
commitments rather than maintaining long-term purchase commitments with our
independent manufacturers.
We have instituted pre-production, in-line, and post-production inspections
to meet or exceed the high quality demanded by us and consumers of our products.
Our quality assurance program includes our own employee on-site inspectors at
our independent manufacturers who oversee the production process and perform
quality assurance inspections. We also inspect our products upon arrival at
our distribution centers.
DECK's Suppliers Net profit fell by |
DECK's Suppliers Net margin fell in Q3 to |
-43.22 % |
6.24 % |
DECK's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Deckers Outdoor Corp |
21,306.01 |
3,903.65 |
1,408.39 |
3,500 |
Adm Tronics Unlimited Inc |
6.42 |
2.85 |
-0.72 |
21 |
Chase Corporation |
1,215.62 |
404.02 |
33.18 |
677 |
Costamare Inc |
1,322.09 |
1,511.41 |
381.02 |
6 |
Capital Product Partners L p |
0.00 |
299.07 |
127.58 |
1 |
Dupont De Nemours Inc |
32,656.50 |
12,068.00 |
462.00 |
28,000 |
Dow Inc |
40,228.45 |
45,860.00 |
1,402.00 |
35,700 |
Eastman Chemical Co |
11,454.90 |
9,210.00 |
896.00 |
14,000 |
Expeditors International Of Washington Inc |
16,922.43 |
10,463.87 |
807.37 |
19,070 |
Fuller H B Co |
4,299.55 |
3,512.33 |
154.08 |
4,400 |
Global Ship Lease Inc |
771.03 |
674.80 |
304.50 |
8 |
Huntsman Corporation |
4,227.82 |
6,111.00 |
153.00 |
15,000 |
Quaker Chemical Corporation |
3,436.86 |
1,969.76 |
16.70 |
2,020 |
Matson inc |
3,868.37 |
3,094.60 |
297.10 |
1,056 |
Performance Shipping Inc |
76.77 |
108.94 |
58.81 |
0 |
Rpm International Inc |
13,993.55 |
6,467.85 |
449.53 |
13,394 |
Sfl Corporation Ltd |
1,600.02 |
752.29 |
83.94 |
7 |
Tandy Leather Factory Inc |
38.18 |
76.16 |
3.77 |
0 |
Tsakos Energy Navigation Limited |
713.72 |
860.40 |
208.47 |
1 |
Trecora Resources |
231.52 |
301.32 |
8.99 |
310 |
Westlake Corporation |
19,440.93 |
12,548.00 |
522.00 |
8,870 |
Westlake Chemical Partners Lp |
776.20 |
1,190.79 |
334.63 |
141 |
SUBTOTAL |
157,280.94 |
117,487.43 |
6,703.95 |
142,682 |
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