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Vera Bradley Inc.  (VRA)
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Vera Bradley's Suppliers Performance

VRA's Supply Chain

 
VRA Costs vs Sales of Suppliers Growth Vera Bradley's Suppliers recorded increase in sales by 25.39 % year on year in Q1 2022, from the previous quarter, sales fell by -0.97 %, Vera Bradley's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 94.02 % in Q1.

More on VRA Suppliers




Vera Bradley's Suppliers recorded increase in sales by 25.39 % year on year in Q1 2022, from the previous quarter, sales fell by -0.97 %, Vera Bradley's cost of sales deteriorated by -7.98 % year on year, sequentially cost of sales grew by 94.02 % in Q1.

More on VRA Suppliers




Vera Bradley's Comment on Supply Chain


Our multi-country manufacturing and supply chain model is designed to achieve efficient, timely, and accurate order fulfillment while maintaining appropriate levels of inventory.
Our manufacturing and sourcing strategy is part of the larger cross-functional product development process. The overall objective for our sourcing team is to build and sustain collaborative partnerships throughout our supply chain, with a focus on identifying appropriate countries and partners to manufacture our products. The sourcing team leverages its expertise in negotiation, relationship management, and change management to maintain a strong global supply chain.


We strive to maintain the appropriate balance of inventory to enable us to provide a high level of service to our customers, including prompt and accurate delivery of our products. We have an active and nimble sales and operations planning process that helps us balance the supply and demand issues that we encounter in our business, optimize our inventory levels, and anticipate inventory needs. We have also integrated our planning, forecasting, and segmentation processes under one function called Merchandise Planning and Allocation.


Approximately half of our products are cotton-based. Our other fabrics include nylon, polyester, microfiber, leather, and faux leather. We source our materials from various suppliers in Asia, with the majority coming from China and South Korea. Our global sourcing team works with select suppliers enabling us to optimize the mix of cost, lead time, quality, and reliability within our global supply network. All of our suppliers must comply with our quality standards, and we use only a limited number of pre-approved suppliers who have demonstrated a commitment to delivering the highest quality products. In December 2008, we opened an office in Dongguan, China, which enables us to increase our control over the manufacturing and supply chain process and monitor compliance with our quality standards.


Vera Bradley's Comment on Supply Chain


Our multi-country manufacturing and supply chain model is designed to achieve efficient, timely, and accurate order fulfillment while maintaining appropriate levels of inventory.
Our manufacturing and sourcing strategy is part of the larger cross-functional product development process. The overall objective for our sourcing team is to build and sustain collaborative partnerships throughout our supply chain, with a focus on identifying appropriate countries and partners to manufacture our products. The sourcing team leverages its expertise in negotiation, relationship management, and change management to maintain a strong global supply chain.


We strive to maintain the appropriate balance of inventory to enable us to provide a high level of service to our customers, including prompt and accurate delivery of our products. We have an active and nimble sales and operations planning process that helps us balance the supply and demand issues that we encounter in our business, optimize our inventory levels, and anticipate inventory needs. We have also integrated our planning, forecasting, and segmentation processes under one function called Merchandise Planning and Allocation.


Approximately half of our products are cotton-based. Our other fabrics include nylon, polyester, microfiber, leather, and faux leather. We source our materials from various suppliers in Asia, with the majority coming from China and South Korea. Our global sourcing team works with select suppliers enabling us to optimize the mix of cost, lead time, quality, and reliability within our global supply network. All of our suppliers must comply with our quality standards, and we use only a limited number of pre-approved suppliers who have demonstrated a commitment to delivering the highest quality products. In December 2008, we opened an office in Dongguan, China, which enables us to increase our control over the manufacturing and supply chain process and monitor compliance with our quality standards.



VRA's Suppliers Net profit fell by VRA's Suppliers Net margin fell in Q1 to
-45.14 % 11.31 %


Vera Bradley Inc.'s Suppliers Sales Growth in Q1 2022 by Industry

Suppliers in Chemical Manufacturing Industry      32.16 %
Suppliers in Chemicals - Plastics & Rubber Industry -17.66 %   
Suppliers in Apparel, Footwear & Accessories Industry -6.28 %   
Suppliers in Electric & Wiring Equipment Industry      8.04 %
Suppliers in Food Processing Industry      28.46 %
Suppliers in Oil & Gas Integrated Operations Industry      52.45 %
Suppliers in Transport & Logistics Industry      38.92 %
Suppliers in Marine Transportation Industry      63.74 %
     
• VRA Suppliers Valuation • VRA Segment Rev. Growth • VRA Segment Inc. Growth • VRA Suppliers Mgmt. Effect.





VRA's vs. Suppliers, Data

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



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Vera Bradley Inc. 150.62 457.64 5.50 2,950
Adm Tronics Unlimited Inc. 3.68 3.21 -1.38 21
Chase Corporation 902.67 315.70 45.02 677
Costamare Inc 0.00 793.64 435.12 6
Capital Product Partners L p 0.00 184.67 98.18 1
Danaos Corporation 1,551.61 689.51 1,052.84 1,287
Dupont De Nemours Inc. 31,745.01 15,138.00 1,933.00 34,250
Dow Inc. 40,912.80 60,129.00 6,700.00 35,700
Eastman Chemical Co 12,758.38 10,912.00 1,227.00 14,500
Expeditors International Of Washington Inc. 17,839.35 18,824.49 1,545.63 18,000
Findex Com Inc 3.98 0.70 1.18 7
Fuller H B Co 3,810.30 3,573.99 168.09 4,400
Global Ship Lease Inc 713.36 447.95 171.50 8
Huntsman Corporation 6,216.21 9,343.00 1,314.00 15,000
International Textile Group Inc 0.00 0.00 0.00 4,750
Quaker Chemical Corporation 3,473.52 1,862.67 83.39 2,020
Matson inc. 3,510.35 4,765.20 1,397.60 1,056
Performance Shipping Inc 1.68 42.05 3.71 0
ROHM AND HAAS COMPANY 0.00 0.00 0.00 0
Rpm International Inc. 12,093.80 6,707.73 492.47 13,394
Sfl Corporation Ltd 1,460.73 513.40 164.34 7
Seaspan Corp 2,109.07 1,096.33 278.80 3,700
Talon International, Inc. 11.08 45.48 0.50 195
Tandy Leather Factory Inc 42.82 81.77 1.25 0
Tsakos Energy Navigation Limited 0.00 546.12 -150.58 1
Trac Intermodal Llc 0.00 0.00 0.00 600
Trecora Resources 231.52 301.32 8.99 310
Uniroyal Global Engineered Products Inc 5.42 69.88 2.86 415
Westlake Corporation 13,407.50 15,101.00 2,918.00 8,870
Westlake Chemical Partners Lp 881.36 1,525.87 398.18 141
SUBTOTAL 153,686.19 153,014.66 20,289.68 159,316
       
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