Calculate Yarn Consumption and Costing for Fully Fashioned Knitwear

Last Updated on 28/12/2020

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.

Fully Fashioned Knitwear
Fig: Fully Fashioned Knitwear

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%:

Wastage of garments

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).

costing of Fully fashioned knitwear

Condition

  • Considering a compliance Factory (FOB).
  • Not any (CM/CMT) base factory.
  • Season based one gauge.

Types and gauge

  1. Peak Season
  2. Off peak season

types of guage

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

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