Dear All,
In this post I will explain to you some points which is extremely important for quote prices
Before start costing
1) Fabrication: you want to take clear idea regarding the fabrication before taking the order from the customer / buying house. After then, you want to make sure that , you've got strong source of the followings fabric.
2) Size spec: confirm that, you've got got the correct/latest size spec with the measurement of all the sizes, which can be ordered. repeatedly we see that, PO sheet has accompany new bigger size which wasn't during the costing.
3) Fabric color: attempt to know that, what percentage colors the design has & also attempt to know that, color wise order qty ratio.
4) Qty: Take information regarding approximate order qty.
5) Shipment date: Asked buyer for the shipment date & ask your production department that, they need enough space for shipped out the followings qty. within the require ship date Or tell your possible date.
6) Test requirement: allow you to know that, the order has any test or not.
7) L/c payments term: Take a previous L/C copy from them & ask your commercial people regarding all the terms along side payment terms. For more details Click here
8) Inspection: Pls. get a confirmation from the customer that, who will inspected the products . If third party then who can pay their charges.
9) GSP: Pls. confirm that, buyer has need the GSP or not.
Calculating Fabric Consumption
1) Body Consumption: Calculate the body fabric consumption initially . If possible calculate it after make the pattern. Be confirmed regarding the dia. Calculate the consumption with adding + 5 gsm extra which fabric is sells in kg (s/j, pique, rib etc). Or reduce 2” (in width) from the both side which are in yards (tricot, taffeta etc.). Moreover, if the clothes are wash garments then confirm that, the pattern has the wash allowance.
2) Rib: Calculate the rib consumption carefully because sometimes the clothes have rib at cuff opening & bottom hem. Some people mistakenly do the consumption considering one cuff.
3) Neck tape: Calculate the consumption of neck tape.
4) Appliqué & others fabric: confirm that, you're not missing any appliqué & the other fabric.
5) Estimate the wastage: Normally we add 9% wastage for the knit items. However, it’s may vary depends on what percentage process the clothes have. If it's with only front chest print then 9% is ok but if with all over/rotary print, with heavy wash etc. then you want to increase the wastage. Moreover, if the clothes with pigments dye then add minimum 25 to 30% wastage because during this pigment dye garments reject percentage is extremely high.
For more details regarding consumption click followings link For Knit & For Woven shirt & For Woven Fabric
Others item
1) Print: If the clothes have print then confirm that, you've got a transparent art work of it. make sure there clearly mentioned the print quality, dimension & placement. Send the art work to your printers for a far better price idea. Also allow you to know from your printers regarding the difficulties of the followings print. repeatedly we found that, buyer has asked for therefore many type/kind prints in same body which is so difficult for production. Such as, if buyer asked for Flock + discharge & foil print in at an equivalent artwork then it's impossible for production.
2) Embroidery: ask your embroidery supplier regarding the embroidery & take price quotation.
3) Wash: Take the wash price quotation from washing factory.
4) Test: Confirm the fees of test from the testing company.
Accessories & trims
Pls. attempt to Calculate the worth of accessories individually it'll reduce your percentage of mistake. Pls. find below the list of some accessories item
1) Sewing thread: Confirm that, which thread you would like 100% cotton, spun polyester or filaments. Then make sure the count 50/2 or 40/2 or the other denier. Its may vary on fabrications. Regarding the pigment dye garments we normally used cotton grey color cotton thread. Calculate the stitching thread consumption part by part & add require wastage percentage.
2) Labels: Take the quotation from your supplier for the whole woven & satin/paper label.
3) Tape: Calculate the consumption of tape if it's , like Velvet, herringbone or canvas etc.
4) Elastic: confirm which denier & width it need. Then take the quotation from supplier.
5) Zipper: If the clothes have zippers then confirm that, from where you'll purchase that. Many time the brand zipper got to import the mold from abroad. confirm the zipper quality, such metal, nylon or vision zipper. Check the zipper measurement from your production department and obtain prices from your zipper supplier.
6) Button: Take the button price from your supplier if the clothes have it.
7) Inter lignin: Calculate the inter lignin price if the clothes need.
8) Patch or badge: Calculate the patch or badge or others metal item if the clothes have.
9) Finishing item: tissue , colloid , hang tag, barcode sticker, back board, h/tag string, scotch tape, security tag calculate the costs of those item.
10) Hanger: Take the quotation of hanger.
11) Poly: Make the measurement of poly. Confirm the standard & with adhesive or not.
12) Carton: determine the carton measurement & take the costs from carton supplier along side top, bottom & divider.
13) Gum tape: Confirm the gum tape quality that, whether it's normal transparent or with any logo. Then take the worth quotation.
14) PP belt: Take the worth quotation of pp belt if buyer asked it.
15) Carton sticker: Take quotation for sticker.
Commercial cost
Normally we add 3% of total purchase (Fabric cost+ other item cost + Accessories cost) as commercial cost if the L/c payments terms is as sight.
If the l/c is 60 days deferred then you'll add 7.5% additional cost of total price and it'll be 15% for 90 day deferred.
CM (Cost of making)
Calculate the CM after discussion together with your production department. It’s vary depends on require machine qty. & output qty.
Profit
Normally we add 20% of CM cost with the worth as profit.
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