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Summer Infant inc.  (NASDAQ: SUMR)
 

Summer Infant's Suppliers Performance

SUMR's Supply Chain




 
SUMR Costs vs Sales of Suppliers Growth Summer Infant's Suppliers recorded an increase in sales by 30.11 % year on year in Q1 2022, from the previous quarter, sales fell by -15.3 %, Summer Infant recorded an increase in cost of sales by 6.15 % year on year, relative to one quarter ago cost of sales fell by -3.26 % in Q1.

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Summer Infant's Suppliers recorded an increase in sales by 30.11 % year on year in Q1 2022, from the previous quarter, sales fell by -15.3 %, Summer Infant recorded increase in cost of sales by 6.15 % year on year, compare to one quarter ago cost of sales fell by -3.26 % in Q1.

• More on SUMR Suppliers




Summer Infant's Comment on Supply Chain


The majority of our products are manufactured in Asia (primarily China). We also use several manufacturers in the United States for certain injection-molded products, including bath tubs, potty seats and booster seats.

We are not dependent on any one supplier because we use many different manufacturers and we own the tooling and molds used for our products. Our Hong Kong subsidiary provides us with an Asian sourcing presence and the ability to oversee quality, electronic engineering and other issues that may arise during production. Generally, we buy finished goods from manufacturers, and thus do not directly procure raw materials for product manufacturing. Historically, we have not experienced any significant disruption of supply as a result of raw material shortages or other manufacturing factors, but there is the possibility that shortages could occur in the future based on a variety of factors beyond our control.

Transportation of Asian-made goods to our warehouses typically takes three to four weeks. We also utilize a direct import program, to reduce costs and shipping time to certain customers. Wemaintain our inventory at warehouses located in the United States, Canada, Australia, and the United Kingdom. Most of our customers pick up their goods at our warehouses. We also use UPS and other common carriers to arrange shipments to customers (primarily smaller retailers and specialty stores) that request such arrangements.


Summer Infant's Comment on Supply Chain


The majority of our products are manufactured in Asia (primarily China). We also use several manufacturers in the United States for certain injection-molded products, including bath tubs, potty seats and booster seats.

We are not dependent on any one supplier because we use many different manufacturers and we own the tooling and molds used for our products. Our Hong Kong subsidiary provides us with an Asian sourcing presence and the ability to oversee quality, electronic engineering and other issues that may arise during production. Generally, we buy finished goods from manufacturers, and thus do not directly procure raw materials for product manufacturing. Historically, we have not experienced any significant disruption of supply as a result of raw material shortages or other manufacturing factors, but there is the possibility that shortages could occur in the future based on a variety of factors beyond our control.

Transportation of Asian-made goods to our warehouses typically takes three to four weeks. We also utilize a direct import program, to reduce costs and shipping time to certain customers. Wemaintain our inventory at warehouses located in the United States, Canada, Australia, and the United Kingdom. Most of our customers pick up their goods at our warehouses. We also use UPS and other common carriers to arrange shipments to customers (primarily smaller retailers and specialty stores) that request such arrangements.



SUMR's Suppliers Net Income grew by SUMR's Suppliers Net margin grew in Q1 to
34.09 % 15.4 %
SUMR's Suppliers Net Income grew by 34.09 %


SUMR's Suppliers Net margin grew in Q1 to 15.4 %


Summer Infant's Suppliers Sales Growth in Q1 2022 by Industry

Suppliers from Chemical Manufacturing Industry      31.66 %
Suppliers from Chemicals - Plastics & Rubber Industry      15.23 %
Suppliers from Iron & Steel Industry      23.06 %
Suppliers from Miscellaneous Fabricated Products Industry      17.37 %
Suppliers from Construction Raw Materials Industry      27.86 %
Suppliers from Miscellaneous Manufacturing Industry      13.25 %
Suppliers from Industrial Machinery and Components Industry      11.18 %
Suppliers from Electric & Wiring Equipment Industry      8.12 %
Suppliers from Personal & Household Products Industry      25.58 %
Suppliers from Oil And Gas Production Industry  
Suppliers from Oil & Gas Integrated Operations Industry      71.2 %
Suppliers from Property & Casualty Insurance Industry      9.61 %
Suppliers from Healthcare Facilities Industry    
Suppliers from Medical Equipment & Supplies Industry      6.24 %
Suppliers from IT Infrastructure Industry      8.21 %
Suppliers from Scientific & Technical Instruments Industry      1.8 %
     





SUMR's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Summer Infant inc. 25.96 141.85 -7.07 197
Westlake Chemical Partners Lp 0.00 1,234.72 334.49 155
Lyondellbasell Industries N v 19,440.42 31,192.00 -346.00 18,970
Liquidmetal Technologies Inc 91.73 0.67 -2.86 12
Quaker Chemical Corporation 2,742.83 1,975.35 97.80 4,700
Illinois Tool Works Inc 78,064.00 16,469.00 3,194.00 43,000
SUBTOTAL 2,614,332.60 2,066,558.88 261,294.86 2,158,938
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Sources: Summer Infant 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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