The craft-supply lens — fibre, mills, ateliers, dye houses & tanneries: spend, terms and supply risk, with the cash and continuity move for each partner.
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
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.
£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.
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.
£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.
Wool & silk lead the spend — the top two partners are 47% of the bill and the negotiation priorities.
Each card: spend, reliability and the specific move.
Spend, score, delivery, terms and risk.
| Supplier | Category | Spend | Score | OTIF | RMA | DPO | Risk |
|---|---|---|---|---|---|---|---|
| NZ / merino wool growers | Wool & natural fibre | £14m | 90 | 94% | 1.4% | 48d | Low |
| Hand-knotting ateliers (India / Nepal / Thailand) | Hand-knotting | £12m | 88 | 86% | 1.8% | 50d | Medium |
| European fabric mills (Italy / France) | Weaving mills | £11m | 91 | 93% | 1.1% | 46d | Low |
| Silk filament suppliers (China/India) | Silk & fibre | £9m | 86 | 90% | 2% | 45d | Medium |
| Dye houses & finishing | Dyeing & finishing | £5m | 84 | 88% | 2.3% | 42d | Medium |
| Tanneries (hides & leather) | Hides & leather | £4m | 87 | 91% | 1.5% | 44d | Low |