Calculate the Yarn Consumption and Costing / Pricing Techniques for the Fully Fashioned Knitwear
Muhammad Rahat
Dept. of Knitwear Manufacturing Technology
BGMEA University of Fashion & Technology (BUFT)
Email: smrahatsaif@gmail.com
What is fully fashion knitwear?
Fully fashion knitwear is a method or technique of shaping a new knitted structure by increasing or decreasing the number of wales or needles. It is cost effective (less manpower in design and pattern section), zero wastage etc. But fully fashioned knitwear has a problem that the texture and dimension of the garment, consumption and costing cannot be decided until the pattern is sincerely knitted and carried out environs of stipulations involved in the knitting process.
What is consumption?
How many yarn are required to produce one dzn sweater.
What are the basic requirements?
- Knowledge about gauges—4G, 5G, 7G etc.
- Knowledge about material/yarn—100% acrylic
- Weight of the garments—15lbs/dzn
Wastage Mainly 6%:
What are the objectives of costing?
- Determining the competitive and correct pricing.
What are the basic requirements?
- Understanding styling and designing.
- Knowledge about different gauge.
- Mode of business term (FOB, CFR, CIF, etc).
- Mode of Payments (L/C type and payments term).
- Nature of business (Factory or buying house).
Condition
- Considering a compliance Factory (FOB).
- Not any (CM/CMT) base factory.
- Season based one gauge.
Types and gauge
- Peak Season
- Off peak season
Standard CM ranges (Complianced factory) CM based on gauge and season.
Types of Gauge: Off peak
3G ………………………………$20/dzn ……………………..$22/dzn
5G ………………………………$21/dzn …………………….$23/dzn
7G ………………………………$22/dzn ……………………. $24/dzn
10/12G ………………………..$24/dzn ……………………..$26/dzn
Additional Charges:
Styling and designing charges
- For raglan and saddle = $0.5/dzn
- Drop and set-in = $0.25/dzn
- For straight shoulder = No additional charges because no increase and decrease.
Designing Charges:
- Cables (Normal)——$0.25/line/dzn
- Cables (Fancy)——–$0.50/line/dzn
- Cables (Butterfly)—-$1.50/line/dzn
Diamond
- Normal Diamond——– $1.00/line/dzn
- Fancy Diamond———- $1.50line/dzn
Example:
*Calculate the costing/pricing of a men’s sweater with crew neck, raglan shoulder, long sleeve, allover 6 line normal cables, and 4 lines normal diamond in 5G 100% acrylic yarn.
Shipment: 10th September.
Weight: 15 lbs/dzn
FOB Factory merchandising say yarn price $1.50/lbs.
Solution:
15+6% =15.90 lbs/dzn $1.50 = $23.85
CM………………………… = $21.00
Styling……………………… = $0.50
Designing……………….….. = $5.50
Trims/Accessories……….…. = $4.00
Commercial+Logisti+Mise …..= $4.00
……………………………………………………..
FOB factory ………………………= $58.85/dzn
You may also like: Consumption Calculation of Fabric, Garment Trimmings and Accessories
Founder & Editor of Textile Learner. He is a Textile Consultant, Blogger & Entrepreneur. Mr. Kiron is working as a textile consultant in several local and international companies. He is also a contributor of Wikipedia.
