Textile Industry Abbreviations
Introduction
The textile industry is a vast and complex system that generates a significant portion of the world’s economy. It includes a vast array of products, from clothes, home furnishings, and industrial textiles. However, within this industry, there are numerous abbreviations used to identify subsectors or products, which often create confusion among people. In this article, we will examine various abbreviations used in the textile industry.
Types of Textile Products
The textile industry encompasses several types of products used for various purposes. These products are identified through specific abbreviations. The following are some commonly used abbreviations in the textile industry:
- Cotton – CTN
- Wool – WL
- Silk – SK
- Linen – LN
- Non-woven – NV
- Knitted – KN
- Embroidered – EMB
- Weaved – WV
Textile Industry Roles and Business Transactions
The textile industry comprises several roles that perform particular business transactions. These roles are also identified through specific abbreviations. The following are some commonly used abbreviations in the textile industry for roles and business transactions:
- Cash on Delivery – COD
- Free on Board – FOB
- Freight on Board – FIO
- Letter of Credit – LOC
- Purchase Order – PO
- Export Processing Zone – EPZ
- Original Equipment Manufacturer – OEM
Textile Industry Organizations
Several organizations are affiliated with the textile industry. These organizations have a particular function and area of focus, which are identified through specific abbreviations. The following are some commonly used abbreviations in the textile industry for organizations:
- International Textile Manufacturers Federation – ITMF
- World Trade Organization – WTO
- European Confederation of Linen and Hemp – CELC
- International Textile and Apparel Association – ITAA
- Textile Exchange – TEX
In conclusion, the textile industry is a complex system with numerous sub-sectors and products. The use of abbreviations may be confusing for individuals who are new to the industry or not familiar with the terms. However, with the understanding of the different abbreviations used in the textile industry, it is possible to navigate the system effectively.