Dear All,
In this post ready to explain you some points which is extremely important for quote prices
Before start costing
1) Fabrication: you would like to require clear idea regarding the fabrication before taking the order from the customer / buying house. After then, you would like to form sure that , you've strong source of the followings fabric.
2) Size spec: confirm that, you've got the correct/latest size spec with the measurement of all the sizes, which may be ordered. repeatedly we see that, PO sheet has accompany new bigger size which wasn't during the costing.
3) Fabric color: plan to know that, what percentage colors the planning has & also plan 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 have enough space for shipped out the followings qty within the require ship date Or tell your possible date.
6) Test requirement: allow you to understand 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 in conjunction with 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 pays 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 garments are wash garments then confirm that, the pattern has the wash allowance.
2) Rib: Calculate the rib consumption carefully because sometimes the garments 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 are not missing any appliqué & the opposite 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 garments 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 would like to extend the wastage. Moreover, if the garments 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 garments have print then confirm that, you've a transparent art work of it. confirm there clearly mentioned the print quality, dimension & placement. Send the art work to your printers for a much better price idea. Also allow you to understand 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 the same 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 plan to Calculate the price 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'd like 100% cotton, spun polyester or filaments. Then confirm the count 50/2 or 40/2 or the opposite 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. For details of sewing thread consumption Thread Chart & Consumption Formula
2) Labels: Take the quotation from your supplier for the entire 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 garments have zippers then confirm that, from where you'll purchase that. Many time the brand zipper need to import the mold from abroad. confirm the zipper quality, such metal, nylon or vislon zipper. Check the zipper measurement from your production department and acquire prices from your zipper supplier.
6) Button: Take the button price from your supplier if the garments have it.
7) Inter lignin: Calculate the inter lignin price if the garments need.
8) Patch or badge: Calculate the patch or badge or others metal item if the garments have.
9) Finishing item: tissue , colloid , hang tag, barcode sticker, back board, h/tag string, scotch tape, security tag calculate the prices of these item.
10) Hanger: Take the quotation of hanger.
11) Poly: Make the measurement of poly. Confirm the quality & with adhesive or not.
12) Carton: determine the carton measurement & take the prices from carton supplier in conjunction with top, bottom & divider.
13) Gum tape: Confirm the gum tape quality that, whether it's normal transparent or with any logo. Then take the price quotation.
14) PP belt: Take the price 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 will be 15% for 90 day deferred.
CM (Cost of making)
Calculate the CM after discussion along side your production department. It’s vary depends on require machine qty & output qty.
Profit
Normally we add 20% of CM cost with the price as profit.