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Garment Sourcing and Costing

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32 views

Garment Sourcing and Costing

Uploaded by

preranasaha1601
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 17

END TERM JURY SUBMISSION

By: Monsoon, Prabhudutta, Prerana and Vatsal .


Subject - APPAREL AND EXPORT MERCHANDISING
Submitted To - Dr. Santosh Tarai
COMPANY OVERVIEW:
● Founded in 1931, Arvind Fashion is a leading player in the Indian and
global fashion industry.
● Mr. Sanjay Lalbhai is the Chairman and Managing Director of the $1.3
Billion Indian conglomerate.
● Its headquarters are in Naroda, Ahmedabad, Gujarat and it has units at
Santej (near Kalol).
● The company manufactures cotton shirting, denim, knits and
bottomweight (khaki) fabrics. It has also recently ventured into
technical textiles with its Advanced Materials Division in 201.
● It is India's largest denim manufacturer.
BRANDS WITH ARVIND LTD. :
Time and Action Plan is a most common tool for merchandiser
to execute a bulk order in garment industry.

TIME A merchandiser can easily know and evaluate the present


situation of a bulk order by maintaining a TNA chart.
and
Below we can find the time and action plan of Arvind Ltd.,
ACTION for a Girl Toddler Dress:

PLAN https://docs.google.com/spreadsheets/d/1834OxWzcXYiH4I
U5Kyfj28KZyIyu9gXR0iC8iYAWpPs/edit#gid=1710247143
COSTING OF GIRL TODDLER DRESS
Method of Garment
Costing
1 First, the Greige fabric consumption is calculated.

2 After this, all the required fabric processing costs (knitting,


washing cost, dyeing cost) should be added with Greige fabric
cost.

3 Finally, all the other necessary costs should be added with the
actual fabric cost to achieve the total cost of a garment.
Specification Sheet
SEASON - S/S 24 STYLE NUMBER - 135678 MEASUREMENT IN INCHES

SIZE - 2 Years WEAR - Kidswear CHEST 21

DESCRIPTION - Girls CATEGORY- Toddlers (Girl) WAIST 20


Toddlers Dress
HIP 22

ACROSS SHOULDER 8.75

CENTER FRONT 8

CENTER BACK 10

SHOULDER WIDTH 1.5

NECK WIDTH 3.5

ARMHOLE 4

FULL LENGTH 20
Solution
Fabric Consumption Calculation:
Apparel weight calculation for
❏ Apparel weight calculation
size L
= [{T.L + S.L + (2× H.A) + (2 × S.A)} × (1/2 Chest + S.A)] × G.S.M × 2/20000
= [{50.8 + 0 + (2 * 0.5) + ( 2*1)} × (½* 53.34 + 1)] × 160 × 2/20000 Where;
= 23.82 gms. T.L= Total Length,
= 0.023 kg S.A= Seam Allowance,
❏ Round neck collar weight calculation H.A= Hem Allowance,
= {(Neck round + S.A) × (Collar width + S.A) × G.S.M × 2}/10000 S.L= Sleeve Length.
= {(27.94+1) * 160 * 2)}/20,000
= 0.46 gms Let,
= 0.00046 kg Seam Allowance= 1cm,
Hem Allowance= 0.5cm.
So, apparel weight stands at = (0.0238+0.00046)Kg = 0.024kg
Fabric Cost Calculation
SL NO. PARTICULARS AMOUNT (₹)*

1. Yarn price/kg 250

2. Knitting rate/kg 12

3. Dyeing rate/kg 90

4. Compacting rate/kg 10

TOTAL 362

+ Loss during manufacturing


5. 36.2
process (10%)

6. Fabric Cost/Kg 398.2


*Amounts
7. 1*1 Cotton Rib collar/kg 30 taken as per
market rate
as on
8. FINAL FABRIC COST/Kg 428.20 12.12.2023
Fabric Cost Per Dress
Fabric Cost / t-shirt

= (Apparel weight * Final Fabric Cost per kg)

= 0.024 * ₹428.20

= ₹10.27/-

Link to our Cost Sheet

https://docs.google.com/spreadsheets/d/1834OxWzcXYiH4IU
5Kyfj28KZyIyu9gXR0iC8iYAWpPs/edit#gid=655424622
Apparel Production Cost Reduction Techniques
Proper maintenance of machinery and equipment should be done systematically and continuously with
1 proper scheduling.

Effective and efficient production planning will reduce the unnecessary stoppages of machines and the
2 idleness of employees. It increases machine efficiency.

Providing periodical training to the employees at all levels about various latest technologies, new and
3 innovative methods of production and control, etc. will improve the effectiveness and efficiency of the work.

4 Unnecessary overtime should be reduced.

5 Employing skilled and experienced laborers will increase apparel production, reduces defective products, etc.
BOM (Bill Of Material)
● A list of raw materials that are needed to be sourced for making the garments.
● Often shown in a hierarchical way.
● Few information which are there in a BOM : Details description of raw
materials, Supplier name, Product quality, Product specification, Product color
name etc.
● Enhances communication, product planning, cost estimation & improves
inventory management.

Link to our BOM

https://docs.google.com/spreadsheets/d/1834OxWzcXYiH4IU5Kyfj28KZyIyu9gXR0iC8iYAW
pPs/edit#gid=655424622
Commercial invoice

Packing List

Certificate of Origin

Inspection Certificate
DOCUMENT
S Bill of Landing B/L
REQUIRED
Bill of Exchange

Certificate of Insurance
REFERENCE

● https://www.arvindfashions.com/

● https://www.indiantradeportal.in/vs.jsp?lang=0&id=0,25,44

● https://textilelearner.net/time-and-action-plan-for-garment-merchandising/

● https://www.onlineclothingstudy.com/2011/11/garment-costing-sheet.html
CONCLUSION

In conclusion, our exploration of the Time and Action Plan, Cost Sheet, and
Bill of Material and integration of these elements is pivotal for success in
Business, Aligning our time management, cost control, and Bill of Material
accuracy ensures a harmonious production cycle, leading to enhanced
productivity and profitability
THANK YOU .

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