General Terms in Garments & Apparel Sector. How many parts of a sample. Garments manufacturer pays their worker salaries from this CM. The main product costing methods are: Firstly, A smart merchandiser analysis & will get accurate information from factory in the following factors. Some garment factories prefer buying yarns instead of purchasing finished fabric. The method of making costing will vary from style to style. He must to know below points during souring the fabric. Costing for the Fashion Industry. A Garment costing will bear approx: 35% to 45% price of a total garment cost. Process cost, 3. … Costing is the deciding factor of the prices and the important thing to be followed in all important stages like purchase, production, marketing, sales, etc. Yarn cost, 2. Job costing (variable costing) considers the materials, labor and overhead costs and maps them to a production process to determine the cost. The following two tabs change content below. So, he must be careful below points during costing. Here, the exporter quotes the price by adding fabric cost, accessories cost, CM (cost of making), overhead cost, commission, C&F commission, and transportation cost from factory to port. A smart merchandiser must know wash instructions in buyer reference sample. Accurate yarn … So, I will present what are the factors related for the garments costing. sir what the most important thing I have to know to be a merchandiser.in that field I want to establish myself. Garments Costing for Export Order: For fixation of a garment price of export order followings types of costing should be observed carefully by-1. So, he should maintain commercial charge to add during costing stage. Without profit a factory cannot develop or sustain in the market. He should be careful about artwork. Mr. Wheldon defines costing as the classifying, recording and appropriate allocation of expenditure of the determination of the cost of product or services or process. Block pattern. CMT is also a pricing term in the apparel industry. In this case, the exporter quotes the buyer with a price that covers FOB cost, insurance cost, and freight cost. He must be careful below points in the following. During garments costing, the garment merchandiser added profit (%) here for the factory or buying a house with all the others cost. The role of merchandiser is very crucial and demanding in fashion industry. ... types are more appropriate for some products and fabrics than others. The types of fabrics are: Woven / knitted fabric, power loom /automatic loom fabric, fibre / yarn A smart merchandiser must be careful about embroidery because sometimes sample has critical embroidery design & production will be slow. Generally, SMV indicates the time taken to make garments by the workers using the right types of machinery. Mention different apparel costing terminology used in the garment export-import business. Textile costing includes all the activities like purchase of raw materials and accessories, knitting fabrics, processing and finishing of fabrics, sewing and packing of garments, transport and conveyance, shipping, overheads, banking charges and commissions, etc. As there are many different styles in garments, it is not possible here to discuss all the styles. If garments are made by avoiding unnecessary processes then it will be very effective for garments costing. So, during costing stage a smart merchandiser must concern about embroidery productivity & need to developed alternative embroidery factory. Required fields are marked *. For this reason every renowned apparel organization has won, costing department, which help the merchandising … A smart merchandiser must know how to add commercial charge to import & export any goods from aboard. He must need to know below important points. I think one important terms is missing that is – test. A smart merchandiser thinks how to utilize save money & maximum profit of a company. Mention different apparel pricing terminology used in the apparel import-export business. In the garments factory, you may find that many people used to the SAM – Standard Allowed Minute which is the same as SMV. If you continue to use this site we will assume that you are happy with it. Garment Costing 1 Prof.Dr.S.Kathirrvelu 2. c) Production pattern. May God bless you writer. So, a smart merchandiser need follow below points when he will source fabric & advice to buyer. So, a smart merchandiser should think & dimensional oriented about trims & sourcing. If you don't see the email within a few minutes, check the spam/junk folder. What is the difference between lock Stitch Machine & Chain Stitch machine ? Unit 6: Garment costing and pricing methods ... from industry to industry. Garments costing There are two types of garments, namely woven and knitted garments. We use cookies to ensure that we give you the best experience on our website. He has great passion in writing different articles on textile and Garments specially on Merchandising and Garment Washing. Mention different terms used in garments costing.  He must analysis cost factors of a garment. I want to establish me in this sector. Ltd., Tiruppur, India. Based on the present apparel industry, garment manufacturing processes are categorized as: ... Costing of garments is the cumulative cost of raw materials, direct labour, as well as, direct and indirect overheads. This article has presented eight important methods or techniques of textile and apparel … Job costing and process costing are the two basic methods of costing. SMV varies garments to garments, style to style, factory to factory. A smart merchandiser need to more analysis about consumption. A smart merchandiser gets clear idea CM from SMV & related cost of a factory. Email: jeevankadam16@gmail.com. I’m really excited about writing these RMG articles. So, he needs to add testing charge into costing sheet. Hence let us take some following styles as examples which are in regular use. Each of these methods apply to different production and decision environments. Shipping condition affects on garments costing. 1. As a garment merchandiser, you should explain your total discussion to the buyer in all possible ways by keeping those matters in your way. Men’s Basic T-shirts, 2. 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