Calculate Yarn Consumption and Costing for Fully Fashioned Knitwear

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 consumption?
  • How many yarn are required to produce one dzn sweater
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%:
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
  1. For raglan and saddle = $0.5/dzn
  2. Drop and set-in = $0.25/dzn
  3. For straight shoulder = No additional charges because no increase and decrease.
Designing Charges
  1. Cables (Normal)------$0.25/line/dzn
  2. Cables (Fancy)--------$0.50/line/dzn
  3. Cables (Butterfly)----$1.50/line/dzn
Diamond
  1. Normal Diamond-------- $1.00/line/dzn
  2. 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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Mazharul Islam Kiron is a textile consultant and researcher on online business promotion. He is working with one European textile machinery company as a country agent. He is also a contributor of Wikipedia.


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