SStarkExecutive Cockpit

Craft & Supply 360

The craft-supply lens — fibre, mills, ateliers, dye houses & tanneries: spend, terms and supply risk, with the cash and continuity move for each partner.

The Stark Group · FY26 (modeled)
Luxury to-the-trade — designers & architects only (no retail)
670 employees · 12+ US sites · 8 countries
Executive read· the answer, then the moves

Fibre is the swing cost — wool & silk are the largest spend lines and the key driver of bespoke gross margin. Paying to terms frees £0m of cash at no cost to profit (DPO 46d vs the 45-day target); capture it, dual-source the 3 at-risk suppliers, and consolidate the top tier before fibre supply tightens.

4 of 4 headline metrics improving vs prior · still off target: DPO (Days Payable) 46d vs 50d, Blended Gross Margin 55.0% vs 57.0%, Total Revenue £165m vs £178m

Do now — ranked by urgency
  1. 1
    Dual-source the 3 at-risk suppliersWatch
    Why it matters

    Hand-knotting ateliers (India / Nepal / Thailand) & Silk filament suppliers (China/India) & Dye houses & finishing carry medium+ supply risk and softer delivery — a single stretch in fibre or atelier lead times can stall bespoke orders.

    What's driving it
    • 3 of 6 suppliers at medium+ risk
    • Avg OTIF 90% across the panel
    FYI
    • Qualify a backup on the most exposed fibres before silk/fine-wool supply tightens
    • Owner: Sourcing & Craft
  2. 2
    Pay to terms — free working capitalOpportunity
    Why it matters

    £0m of cash stays in the business by moving DPO from 46d to the 45-day target on £55m of spend — no hit to margin.

    What's driving it
    • DPO 46d vs 45d target
    • £55m spend across 6 partners
    FYI
    • Early-pay discount capture ≈ 0% today — switch it on
    • Owner: CFO · Treasury
  3. 3
    Consolidate the top tier for rebate and priority supplyOpportunity
    Why it matters

    NZ / merino wool growers (£14m) and Hand-knotting ateliers (India / Nepal / Thailand) (£12m) are 47% of spend — concentrating volume earns rebates and priority allocation on scarce fibre.

    What's driving it
    • Top two partners = £26m (47% of £55m)
    • 6 partners total
    FYI
    • Negotiation priority for the next term cycle
    • Owner: Sourcing & Craft · CFO
🧵 Craft, heritage & designStep 5 of 5 · craft supply, ateliers & lead timesStudio & Showroom Teams 360Journey complete ✓All journeys
🌐 Enterprise 360 modules· on Supplier 360Browse all 31 views ▾
● LiveBuilt forCFO · Treasury· free cash via payment termsSourcing & Craft· consolidate spend & cut fibre riskCOO · Craft Ops· protect craft supply continuity

£55m of wool, silk, weaving, dyeing & hides runs through six partners — and fibre cost is the key driver of bespoke margin. This view turns that into two moves: a £-0.20342465753424654m cash release from paying to terms, and a dual-source plan for the 3 suppliers whose delivery risk could stall bespoke orders.

Data backing: supplier (spend, score, OTIF, RMA, DPO, risk) · kpi.dpo · kpi.revenue/gross_margin
Total spend
£55m
6 partners
Days to pay (DPO)
46d
target 45d
Cash from terms
£-0.20342465753424654m
pay to 45d
Avg on-time (OTIF)
90%
delivery reliability
At supply risk
3
medium+ risk
Where the money goes

Spend by supplier

Wool & silk lead the spend — the top two partners are 47% of the bill and the negotiation priorities.

The two moves

What to do this quarter

Pay to terms — free cash
£-0.20342465753424654m
DPO 46d → 45d on £55m of spend, plus switch on early-pay discount capture (≈0% today). No hit to profit.
Owner: CFO · Treasury
Dual-source the risk
3 suppliers
Hand-knotting ateliers (India / Nepal / Thailand) & Silk filament suppliers (China/India) & Dye houses & finishing carry medium supply risk and softer delivery — qualify a backup before fibre lead times stretch.
Owner: Sourcing & Craft
Consolidate the top tier
£26m
NZ / merino wool growers (£14m) and Hand-knotting ateliers (India / Nepal / Thailand) (£12m) — concentrate volume for rebates and priority allocation.
Owner: Sourcing & Craft · CFO
Partner by partner

Supplier scorecards

Each card: spend, reliability and the specific move.

NZ / merino wool growers
Wool & natural fibre · £14m spend
Low
Score
90
OTIF
94%
RMA
1.4%
DPO
48d
Move: Healthy partner (score 90, OTIF 94%). Consolidate more volume here to earn rebate and priority supply.
Hand-knotting ateliers (India / Nepal / Thailand)
Hand-knotting · £12m spend
Medium
Score
88
OTIF
86%
RMA
1.8%
DPO
50d
Move: Dual-source — medium risk, OTIF 86%. Qualify a second supplier on the most exposed fibres/SKUs before tight fibre supply stretches lead times.
European fabric mills (Italy / France)
Weaving mills · £11m spend
Low
Score
91
OTIF
93%
RMA
1.1%
DPO
46d
Move: Healthy partner (score 91, OTIF 93%). Consolidate more volume here to earn rebate and priority supply.
Silk filament suppliers (China/India)
Silk & fibre · £9m spend
Medium
Score
86
OTIF
90%
RMA
2%
DPO
45d
Move: Dual-source — medium risk, OTIF 90%. Qualify a second supplier on the most exposed fibres/SKUs before tight fibre supply stretches lead times.
Dye houses & finishing
Dyeing & finishing · £5m spend
Medium
Score
84
OTIF
88%
RMA
2.3%
DPO
42d
Move: Dual-source — medium risk, OTIF 88%. Qualify a second supplier on the most exposed fibres/SKUs before tight fibre supply stretches lead times.
Tanneries (hides & leather)
Hides & leather · £4m spend
Low
Score
87
OTIF
91%
RMA
1.5%
DPO
44d
Move: Push terms — paying in 44d vs the 45-day target. Stretching to terms on £4m keeps cash in the business at no cost.
The full panel

Every supplier, one row

Spend, score, delivery, terms and risk.

SupplierCategorySpendScoreOTIFRMADPORisk
NZ / merino wool growersWool & natural fibre£14m
90
94%1.4%48dLow
Hand-knotting ateliers (India / Nepal / Thailand)Hand-knotting£12m
88
86%1.8%50dMedium
European fabric mills (Italy / France)Weaving mills£11m
91
93%1.1%46dLow
Silk filament suppliers (China/India)Silk & fibre£9m
86
90%2%45dMedium
Dye houses & finishingDyeing & finishing£5m
84
88%2.3%42dMedium
Tanneries (hides & leather)Hides & leather£4m
87
91%1.5%44dLow