Study On The Building Of Cotton Textile Enterprise’s Crisis Early-Warning Evaluation Model

Known as a traditional manufacturing industry, the textile industry has contributed alot to the development of our country. Nowadays the textile industry is suffering kinds ofunfavorable factors, such as financial crisis，price fluctuation of raw material，rise oflabor cost，and so on. The disadvantage of low value-added highlights of the domesticcotton textile industry is growing all the time. Additional with the enhanced environ-mental protection and carbon standards, extensive development style has become amomentous problem that can not be solved. Under this background, this paper tries tobuild the crisis early warning system of the textile enterprise, and takes one textileenterprise named X as example to test the system and evaluate its crisis extent. So thisresearch has important realistic significance.Firstly，the paper introduces the research topic and background，brings forwardstructure and method. Secondly it summarizes the theories about Crisis management andcrisis early warning, and uses for reference research findings and typical cases. Thirdly，according to the situation and characteristics of the textile industry，this paper analysesmain factors which influence the textile industry a lot. Then paper builds the crisis earlywarning model of textile enterprise，and uses it on a textile enterprise named X toevaluate its crisis. Then it uses the Fuzzy Synthetic Evaluation Model to test theconsequence，and gives relevant strategies to the enterprise.The paper comprehensively uses enterprise management theory of Potter, BSC (TheBalanced Score Card) and enterprises’ external environment analysis. Based on principlesand actual characteristics of the cotton textile industry, this paper uses the AHP to definefurther indexes to build forewarning index system. The data of this article are gottenfrom questionnaires which were given to the enterprises and experts. With the early-warning system model this paper analyses the crisis status of X company，applies FuzzySynthetic Evaluation method to test the consequence in order to ensure the rationality ofindex weights.The result of this empirical study shows that X Company has been in sub-health,and the company should take measures to control the situation in time. This paper goes further into the details of six primary indexes including enterprise strategy，finance，clients，interior procedures，organizational study and external environment. For each ofthem，the article gives evaluation and analysis. Accordingly this paper brings forward aseries of strategies for the cotton textile enterprise.This paper enriches the theory study on crisis early-warning of enterprises.Meanwhile, it is the first time to combine the crisis early-warning with textileenterprises，fills up the gap of crisis early-warning on specific industry and thus expandsthe application field of enterprise crisis early-warning.