There are two types of garments,
namely woven and knitted garments. Shirt, trouser, sarees, bed spreads,
blankets, towels and made ups are woven. T-shirts, sweaters, undergarments,
pyjamas and socks are knits.
Costing is the deciding factor for
fixing of prices and the important thing to follow in all stages like purchase,
production, marketing, sales, etc. Also update knowledge about everything
related to garments, is essential to make perfect costing.
Costing includes all the activities
like purchase of fabrics and accessories, processing and finishing of fabrics,
sewing and packing of garments, transport and conveyance, shipping, over heads,
banking charges and commissions, etc.
We must be aware that there are
always fluctuations in the costs of raw materials and accessories, charges of
knitting, processing, finishing, sewing and packing, charges of transport and
conveyance. The method of making costing will vary from style to style. As
there are many different styles in garments. Hence let us take men's basic
T-shirt style as example which is in regular in use.
To find out the costing of a
garment, the following things should things be calcuated:
- Fabric consumption.
- Gross weight of other components of garment.
- Fabric cost per kg.
- Fabric cost per garment.
- Other charges (print, embroidery, etc).
- Cost of trims (labels, tags, badges, twill tapes, buttons, bows, etc).
- CMT charges.
- Cost of accessories (hangers, inner boards, polybags, cartons, etc).
- Cost of a garment.
- Price of a garment.
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