Consumption and Cm Calculation of Woven Garments

February 12, 2018 | Author: Morshed Mahamud | Category: Letter Of Credit, Audit, Invoice, Yarn, Credit (Finance)
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Consumption and Cm Calculation of Woven Garments...

Description

Consumption Calculation of Woven Garments Consumption and costing is a primary requisite for a merchandiser. Fabric cost bears aprox 40% to 45% of the total cost of any garments so calculation of correct fabric consumption is very important.

Pls see below example of fabric consumption calculation

1. During the consumption pls used measurement of middle size for calculation or used the size which has most of the qty. 2. Except Cutting or sewing wastage, fabric wastage also depends on additional elements which. If the garments have special print, wash, embellishment etc than the fabric wastage will be more than normal wastage 3. You should know the fabric width to calculate consumption.

Measuring Point

Body Length @ C.B. neck

Chest circumf.

Msmnt in inch

32”

44 ½”

Across shoulder width seam to seam

19”

Bk Yoke height FM HPS

3 ½”

Sleeve length fm CBN thru sh to slv edge(3 pt)

34 ½”

Armhole ( Straight, point to point )

9 ½”

Sleeve bottom opening circ.@ cntr btn

9”

Cuff height

2 ½”

Neck circumf. closed(cntr bttn to BH end stitching)

16 ¼”

Collar height at CB (without neck band)

1 7/8”

Chest Pkt Width @ top

5”

Chest Pkt Length @ center

5 ¾”

FABRIC CONSUMPTION

LENGTH (With sewing allowance)

WIDTH (With sewing allowance)

FABRIC

30 ½”

24 ¼”

0.46693 yds

Front

34”

26 ¼”

0.56323 yds

Yoke

21

4 ½”

0.11932 yds

Collar

17 ¼”

5 ¾”

0.12524 yds

Slv(**Width=armhole straight X 2)

22 ½”

20”

0.56818 yds (2 Slv)

Pocket

5”

5 ¾”

0.03630 yds

Cuff

10”

3 ½”

0.04419 yds

PARTS

Back (*Except yoke)

Total (Pc)

1.92339 yds/pc

Formul a

={(L x W)/(36 x 44)}

Total (Dzn)

23.0806 yds/dzn

Fabric width is 44 inch. To convert inch to yard inch X 36

How to calculate the CM (Cost Of Making) Of A Garment

How to calculate the CM (Cost Of Making) Of A Garment Calculation of cm is a important part of merchandising profile. At costing meeting stage, supplier only gets one sample of the garment and specification of fabric and trims for the reference. So its really important to calculate the correct cost of making to get the correct costing. This post will help you all to calculate the COST OF MAKING. To find out the CM of a garment, you must know below:

i) Monthly total expenditure (running cost) of factory (rent, wages, electricity bill, water bill, transportation, repairing etc).

ii) Total no of machines in the factory iii) Number of machine required to complete this style (line layout of style) iv) Estimated Production output per hour v) Total working days (month) vi) Daily working hours Calculation Of CM: For Example:Monthly Cost of Running:- 25,00,000 INR Total no of Machines

:- 500

No of machines required for style: - 45 Estimated Production output per hour: - 55 Total Working days :-26 Daily working hours :-8 = {(Monthly total cost of running / 26) / (Total Machines) X (Number of machine required for style)} / [{(estimated Production output per hr) X 8}] = [{(25,00,000 / 26) / ( 500 ) X (45)} / {(55) X 8}] = [{96153.85 / (500) X (45) } / 440] = (8653.85 / 440) = 19.67 INR Per pcs.

Overview of this Training Nowadays Garments Business has become very competitive in respect of price, quality and timely shipment. It has also been observed that any factory can offer competitive price, good quality and timely shipment to any Buyer then those Buyers always prefer such Factories and Management for their future business and build up a long term business relationship with those factories for mutual interest as such understanding professional way of doing merchandising, fabric consumption, reasonable garments costing is essential for commercial viability of any factory is very important. With that understanding this Workshop has been designed. Anybody will be attending this course would be able to understand how to do professional way of Merchandising of Woven, correct Fabric Consumption of Woven Garments (Tops and Bottoms), Knowledge on all Woven Fabric, how to do costing of all accessories, consumption of sewing-thread, costing of Printing, Embroidery and Washing. How to assess asking CM (Cost of Making) of any factory any Garments. The attendants will also learn how to

do overall Garments Costing in Professional way of FOB, C&F, CIF and CIFT orders along with understanding of working with Sight LC, Deferred LC, Contract and TT Payment. Anyone will be attending this Workshop would be able to do any Consumption of Fabric of any Garments within 10 Seconds and would be able to do Garments Costing within 5 Minutes, which is very much essential of all Merchandisers of Woven, Factory Owner, Peoples of Marketing, Accounts and Audit.

Objective of this Training  To know a clear concept on Woven Garments Consumption and Costing  Get knowledge on Merchandising, Consumption and Costing of Woven Garments 

To learn Woven Garments Merchandising, Fabric Consumption and Garments Costin

ing Content  Introduction  Woven Product Package Analysis and Findings for Fabric Consumption and Garments Costing 

Brief discussion on various types of Woven Fabric



Calculation of Fabric Consumption for Tops and exercise

BREAK for Refreshment

 

Calculation of Fabric Consumption for Bottom and exercise Accessories Consumption and Costing



Printing analysis and cost assessment



Embroidery analysis and cost assessment



Washing Analysis and cost assessment



Analysis of value addition work and their costing procedure



Analysis of all other factors affecting Garments Costing



Analysis of L/C Terms and their impact on garments costing



Analysis of Mode of Shipment and their impact on Garments Costing



Discussion on Penalty Clauses



Discussion on restriction on short/excess shipment and their implication on costing

BREAK for Lunch & Jumma Prayer

 

Discussion on courier charges for samples and documents Discussion on compliance and evaluation requirement



Assessment of Asking CM (Cost of Making) of any Factory



Product Analysis and assessment of CM (Cost of Making)



Preparation of Garments Costing Sheet

BREAK for Refreshment Daylong Exclusive Training Program on

How to Setup a Garment Buying House and Its Functional Activities REGISTER ONLINE!

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Venue

Prothom-alojobs Seminar Room

Prothom-Alo Bhaban, 2nd Floor, 19 Karwan Bazar, Dhaka-1215

Overview of this Training Garments Buying House is a very profitable business, any smart people with less investment can earn millions of Dollars. In our country many peoples are interested to set up a Buying House but due to proper knowledge of organogram, Functional Actvities and Proper Documentation can not set up or run a Buying House in a very professional way. This Workshop will give them clear concept on How to set up a Buying House in a Professional way with its all details of documentation and functional activities. After attending this workshop anybody would be able to set up a Buying House at his own as such Golden Horizon will be open for him in Business.

Objective of this Training  Understand about the total Organogram of Buying House  Clearly visualize the total activities of Buying House 

How to set up and organize a Buying House



What all documents will be needed to set up a Buying House



What all staffs, manpower, machines and equipment will be require to set up a Buying House



Gain confidence in strating up a Buying House

Training Content  Introduction  What all are the prerequisite for setting up a Buying House? 

Who all are in Garments Business and how the Global Garments Business is running?



What is Garments Buying House?



What is the Organogram of an ideal Garments Buying House?



Classification of Garments Buying House.



What all are the various documents required to set up a Buying House in Bangladesh.



What role played by Garments Buying House in garments Business?



Discuss on various types of Order Sheet and Spec Sheet, What all ground works usually carried out by a Buying House while preparing the Order Sheet.



What do we understand by Whole Sellers, Buying Agent, Retailers and customers?



How one order is placed to any Factory by a Buying House?



How one order is executed by Buying House from its initiation to shipment?



What is Laboratory, Lab-Test, Labdip, Yarn-dip, Handloom, Skein, Strike-off etc?



What is Data-color, Light-box, D-65, TL-84/83, Home Light, UV etc?



What all are the various types of samples usually handled by Buying House and what are their implications in Garments Business?



What all are the Lab-Test usually carried out by Buying House?



What do we understand by FOB, C&F, CIF and CIFT Order?



What is ICC and what is their role in International Business?



What is LC, Master LC, BB LC etc?



How LC is opened?



What is UCP, UCP-500, UCP-600 ?



What do we understand by Incoterms?



What is SWIFT Code ?



How Cargo moves from Bangladesh to USA, Canada, Europe, Middle East, Japan and Australia.



Understanding of Quota and GSP (Generalized System of Preference).



What is COC and HR Compliance requirement by Buying House for placing any order with a Factory?



What all are the Steps, Inspection, Approval, Meetings usually carried out by Buying House to Execute any Order



What all documents required to submit to Bank to realise payment after completion of any order.



How to Source Buyer to Start a Buying House.



Tips on placing 1st Order to any Garments Factory by Buying House for successful completion.

Speakers Profile

Overview of this Training Letter of Credit (LC) is an universal tool for international business as such anybody related to such business need to have clear idea about LC, their terms, bindings, defects and risk. Garments business is totally dependent on LC except few exceptions which is handled by Contract, but the contract also utilized for BB LC. All people like Merchandiser, Commercial people, Account and Management People must have clear concept of LC so that it become easy for everybody work as per terms and condition of LC to safe guard the business. Not understanding Terms and Risk of LC may lead to a disaster for any company or industry.

Objective of this Training In this Whole Day Workshop a clear idea will be given on all types of LC and other related Documents, Papers, Rules, Regulation, Defects and Risk of LC. Anybody interested to know what is LC, How to open LC, How does it work and what all points of LC to be given high importance to safe guard the business may attend the Workshop. The Workshop has been design in such a way so that anybody not having much knowledge on Finance, Account and Banking will also understand very easily.

Training Content First Session

 

Introduction to Global Garments Business Who all are involved in Garments Business?



What is Garments Business Chain?



How the Garments Business is initiated and executed?



Role of National and International banks in Garments Business

Second Session

 

What all are the types of Letter of Credit? What is Documentary Revocable L/C, Irrevocable L/C, Unconfirmed Credit, Confirmed Credit, Standby L/C, Special L/C, Back to Back L/C (BB LC), Deferred Payment (Usance) L/C, Red Clause L/C, Revolving L/C, Transferable L/C ?



What is Assignment of Proceeds?



What are the elements of Letter of Credit?



What do we understand by Beneficiary, Issuing Bank, Advising Bank and Confirming Bank?

Third Session



What are the Characteristics of Letter of Credit? What do we understand by the following:

a. Negotiability

b. Revocability c. Transfer and Assignment d. Sight and Time Drafts e. Stand by Letter of Credit



What is the basic Procedure for Establishing a Letter of Credit?



How to Open a Letter of Credit?



What are the Step by Step Procedure for Using the Letter of Credit?



What all are the Standard Forms of Documentation?



What is Commercial Invoice, Bill of Lading, Warranty of Title, Letter of Indemnity, Bill of Exchange, Bank Commission, Balloon Repayment, Bank Draft, Bank Guarantee, Bank Note, Bearer Mortgage Note, Bearer Security, Beggar-my-neighbor Policy?

Fourth Session

 

What all are the common defects in Documentation? Essential Tips for Exporter



Hat is the Common Problems with Letter of Credit.



Other Terminologies used in Banking.



How LC Works in Garments Business?



What all are terms in L/C to be seriously noted in garments Business?



What all are general documents require to ship-out the garments and release the payment from the bank?



What should be checked before accepting any LC from any party to effect any shipment?



What is Air Way Bill and What all are the types of Air Way Bill

Speakers Profile Sajed Khan MBA, TU, USA Mr. Sajed Khan has served in garments sector for last 22 years with following profiles: Executive Director of Opex Group, Director Merchandising, Planning and Production of Sunman Group, Director Planning of Harvest Rich (Which is now Benetex), Executive Director of Delta Group, Head of Production of Beximco Group. Mr. Sajed Khan, in addition to his service, is also delivering lecture on various subjects on Garments

for last twelve years in almost all reputed Garments Institution in Bangladesh like BUFT, NIFT,CFTM, LCMI. Major subject of his teaching areas are: 1. Knit Garments Merchandising. 2. Woven Garments Merchandising. 3. Knit Garments Consumption and Costing. 4. Woven Garments Consumption and Costing. 5. Production Planning in Knit. 6. Production Planning in Woven. 7. Work Study and Time Study in Garments. 8. How to set up factory for Compliance Audit. 9. Sample Management in Garments. 10. Supply Chain Management in Garments. 11. Quality Control in Garments. 12. How to set up Factory with proper Man, Machines, Systems and Documents for better Production and Quality for Commercial viability. 13. How to handle LC in Garments Business. 14. How to set up Garments Buying House in Bangladesh and its Functional Activities. And many more subjects. He is also a Consultant in Garments Sector and is doing consultancy on followings: 1. Setting up of Knit Factory with proper Man, Machine and Equipment. 2. Setting up of Woven Factory with proper Man, Machine and Equipment. 3. Improving Production and Quality of Knit and Woven Factory. 4. Setting up Factory for any Compliance Audit. 5. Upgrading the efficiency of Merchandiser and Production people of Factory for Proper Merchandising and Production. 6. Apprising Top Management people on understanding Factory Capability, Asking CM, Marketing and Production Target in respect to Man, Machine and Factory Expenses. 7. He is also doing consultancy on request on any subject of Knit and Woven Factory.

Overview of this Training Since, 2005 the Quota free system started in the RMG industry and at the same time international buyers are pressurizing on the issue of Compliance. Before placing the orders at the factory buyers are auditing the factories to assess the labour standards and meeting whether or not they areemployment conditions, working conditions, occupational safety and health, industrial relation and management systems exactly to the words. The main problem is that the people those are working in the compliance, administration even human resource division/section have little or no adequate/required knowledge and understanding to handle the compliance issues. Regarding the situation prothom-alojobs.com has taken initiatives to enhance the knowledge and to develop the Compliance potentials of factory by different techniques and methods in different industry level.

Objective of this Training RMG industry is the most vital sectors of Bangladesh national economy. Major foreign currency earnings come from this sector and it is mentionable that 2 million workers are working in this sector. Due to this industry number of backward linkage sector, Bank, Insurance and others business related industries established in our country. But this sector is now faced with a challenging situation due to open market; withdraw of quota system, Generalized System of Preference (GSP) and MFA-phase out, etc.

Training Content First Session

 

What is Compliance, ISO, FLA and WRAP Certification What is Code of Conduct and what are the "Universal Code of Ethical Conduct"



What is CTPAT (Custom Trade Partnership Against Terrorism)



What is the role of Factory Owner/Top Management in fulfilling the Compliance requirement?



What is the role of Finance and Account people/ Administrative and Security peoplein fulfilling the Compliance requirement?



What is the role of Maintenance people in fulfilling the Compliance requirement & Initial preparation for Audit Team



Preparation of sitting room for the auditors



Work to do on Factory approach, Gate, Parking areas, perimeter wall and surrounding



Documents to be preserved in Gate & in Security Personnel

Second Session

 

What is Introductory Lecture by Audit Team Documents to be make available for Audit Team



Persons to attend/support the Audit team



Works to be done and action to be taken at Fabric Store & Accessories Store



Action Floor/ Room House

to be taken and documents to be maintained in Cutting Floor/Sewing Floor/ Finishing Needle Detecting Room (Metal Free Zone)/ Sample Room/ Inspection Room/ Boiler & Preparation of Deviation Chart/ Generator Room/ Child Care Room/ Bonded Ware & in workers' toilets.

Third Session

 

Action to be taken and documents to be maintained in Workers' Canteen/ Doctor's Room/ Spot Removing Area/ Knitting Floor/ Dyeing Floor & in Chemical Store How a Dormitory of Workers (if any) to be set up for Compliance Audit



Action to be taken and documents to be maintained in ETP (Effluent Treatment Plant)



Assessment of Working Hour, OT Calculation and Calculation of Maternity Benefit



What all are the Documents to be preserved in Workers File & the committee to be formed in any factory and what is their roles and responsibilities



What is grievances and how to handle it

Fourth Session

 

How to set up a checking room and how to check a worker (if needed) while going out Entitlement of leaves and there financial implications



Salary, Wages and Grading of workers and staffs, Interrogation of Workers



Audit Team in Camera & Conclusive Meeting By the Audit Team



Preparation and acceptance of Corrective Action Plan

Spe Training for RMG Professionals

Woven Garments Consumption and Costing REGISTER ONLINE!

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Venue

Prothom Alo Seminar Room

100 Kazi Nazrul Islam Avenue, CA Bhaban (4th floor) Karwan Bazar, Dhaka-1215.

Overview of this Training Equip yourself with all the Costing and Consumption of woven Garments. Be an efficient Merchandiser, get confidence in dealing with all orders and boost up your monthly remuneration!! � Knowledge on doing correct fabric consumption and costing is a primary requirement for any merchandiser or any person related to garments costing in the capacity of Owner, Director, Peoples of Accounts and Finance, Commercial people or Audit people is must. As fabric price is bearing almost 35 to 40% of the total garments cost as such if the fabric consumption is wrong then the total garments cost will be wrong with bigger deviation, resultant of which factory may not get the order for quoting higher price or the order may be received with lower price as such factory either may not earn profit at all or may not earn expected profit margin. To over come such problem every body must know how to do FABRIC CONSUMPTION. The lesson will be tought in a very simple way and every body learn the FABRIC CONSUMPTION.

Objective of this Training Training Content The lesson will cover the followings. Session-1 1. 2.

Woven Name

3. 4.

of

different

Fabric Pattern-Check

5.

Session-2

Product parts

of

Package

Woven

Tops

consumption for

Exercise

counter on

check

and of

of

the Fabric

fabric

Analysis.

discuss

with

Woven consumption Consumption

spec-sheet. Tops.

for

accuracy. (Top).

6.

Name

of

different

parts

of

7.

Fabric

8.

Pattern

Check

9.

Exercise

on

10.

Woven

Bottom

Consumption

Techniques

of

and

of

with

spec-sheet.

Woven

for

Bottom.

Bottom

Fabric

doing

discuss

Consumption.

Consumption

Accessories

(Bottom).

Consumption

and

Costing.

of

Printing.

Session-3 11.

Points

to

be

12.

Points

to

consider

13.

Points

to

be

14.

How

15.

to

assess

What

considered to

Costing

do

considered Cost

are

for

of

FOB,

costing for

for

costing

Making

of

C&F

Embroidery. of

any

and

Washing.

Garments CIF

?

Costing.

Session-4 16. 17. 18.

How How

to to

asses do

How

C&F

Garments

price Costing

to

of

any

considering Quote

Garments all Price

factors

? ? ?

19. How to negotiate and confirm price with Buyer ?

Speakers Profile Sajed Khan MBA, TU, USA Mr. Sajed Khan has served in garments sector for last 22 years with following profiles: Executive Director of Opex Group, Director Merchandising, Planning and Production of Sunman Group, Director Planning of Harvest Rich (Which is now Benetex), Executive Director of Delta Group, Head of Production of Beximco Group. Mr. Sajed Khan, in addition to his service, is also delivering lecture on various subjects on Garments for last twelve years in almost all reputed Garments Institution in Bangladesh like BUFT, NIFT,CFTM, LCMI. Major subject of his teaching areas are: 1. Knit Garments Merchandising. 2. Woven Garments Merchandising. 3. Knit Garments Consumption and Costing. 4. Woven Garments Consumption and Costing. 5. Production Planning in Knit. 6. Production Planning in Woven. 7. Work Study and Time Study in Garments. 8. How to set up factory for Compliance Audit. 9. Sample Management in Garments. 10. Supply Chain Management in Garments. 11. Quality Control in Garments. 12. How to set up Factory with proper Man, Machines, Systems and Documents for better Production and Quality for Commercial viability. 13. How to handle LC in Garments Business. 14. How to set up Garments Buying House in Bangladesh and its Functional Activities. And many more subjects.

He is also a Consultant in Garments Sector and is doing consultancy on followings: 1. Setting up of Knit Factory with proper Man, Machine and Equipment. 2. Setting up of Woven Factory with proper Man, Machine and Equipment. 3. Improving Production and Quality of Knit and Woven Factory. 4. Setting up Factory for any Compliance Audit. 5. Upgrading the efficiency of Merchandiser and Production people of Factory for Proper Merchandising and Production. 6. Apprising Top Management people on understanding Factory Capability, Asking CM, Marketing and Production Target in respect to Man, Machine and Factory Expenses. 7. He is also doing consultancy on request on any subject of Knit and Woven Factory.

Overview of this Training Merchandising is a technocrat job in garments business, many peoples are doing Merchandising without having any institutional knowledge as such not having a systematic professional knowledge in Merchandising both Knit and Woven, Anybody doing this course will acquire professional knowledge on Merchandising and would be able to handle any order in a very professional way. He/she will learn Knit and Woven Fabric Consumption and Costing, Preparation of Time and Action Calendar, Gantt Chart, Sample Management, Handling of L/C etc and would able to prove his worth in this sector with professionalism.

Objective of this Training Equip yourself with all the tools and techniques of merchandising in garments. Be an efficient merchandiser, get confidence in dealing with all orders and boost up your performance!!

Training Content  Introduction to Merchandising and Role of Merchandiser.  Understanding of Knit Order Sheet and analysis for Consumption and Costing. 

Knit Fabric Consumption for Tops and Bottom.



Orientation with Knit Fabric, Process of Knitting, Dyeing, Finishing and Costing of Various Fabric.



Orientation with Garments Accessories, Consumption and Costing (including procedure to do Thread Consumption).



Techniques of doing Costing for Printing, Embroidery and Value Addition Works.



Discussion on various types of Washing and their Costing procedure.



Knit Garments Costing (FOB, C&F, CIF and CIFT).



Woven Order Sheet Analysis, Fabric Consumption and Costing.



Sample Management and Load Calculation for Sea and Air Cargo.

Spe

Merchandising in Garments business is an elite and �technocrat �profession for educated people. Merchandiser played a very vital role in Garments business, in fact he is the pivoting person for whole business who is protecting the interest of Factory and Buyer as well. But unfortunately there is no

formal

training

for

this

important

group

of

people

of

the

garments

sector.

Garments Merchandising is a critical and systematic works, which a person must understand and perform with in a set of work frame, as such they need some in stitutional knowledge other wise it may not be possible to do efficient merchandising without knowing Yarn, Fabric, Color Standard, Labdip, Samples, Accessories etc. So any body will be attending this Workshop will have a clear understanding on merchandising and Role of Merchandiser.

Training Content First Session������������������� 9.30 am - 11.00 am

 

What is Merchandising & Role played by a Merchandiser in Garments Business? What is the Organogram of an ideal Buying House? (How to set up a Buying House for independent business with merchandising knowledge)



What is the set up of a Knit Composite & Woven Garment Factory?

� Second Session��������������� 11.15 am - 1.00 pm

 

Communications & Quality a Merchandiser should posses? How a person will equip him/herself to become a good Merchandiser?



How to develop a Buyer?



What is order sheet & analyzing an Order Sheet?



What all are the various types of Woven Fabrics & Knit-Fabrics?



What is Cotton, Fiber, Staple, Filament, Yarn, Count, Gauge etc?



What is Color Standard, Lab-dip, Yarn-dip, Hand-loom, Skein etc?



How to handle an order from receipt of Order-sheet to shipment?



What are Time and Action Calendar and Gantt chart?

� Third Session������������������ 2.00 pm - 3.30 pm

 

What all are the general lab-test carried out for garments? What is accessories, trimming and packing materials of garments?



What all are the printing/embroidery done in garments?



What is Value-addition works in garments?



What all are the payment mode in garments business?



What is LC, Master LC, BB LC and all other various types of LCs?

� Fourth Session���������������� 3.45 pm - 5.30 pm

 

Spea

What is FOB, C&F, CIF and CIFT orders in Garments Business? Other Glossaries of Terms used in garments Business

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