Garemnt Costing Procedure | Details of Garment Costing | Woven and Knit Garment Cost Sheet

Costing is very important for getting an order as well as it focuses the future trends of any industry. To make a effective, profitable and competitive cost sheet one must know about all the processes involves in garments manufacturing very well. All the updated news and costs of fabric, CM of particular garments, trims, wash cost, embroidery cost, traveling cost, terms of payments must be known. Merchandiser is the key person who is responsible for the costing of any item. Now the world is becoming more competitive for garments market and manufacturing as well. So a competitive cost sheet of any item affect the growth of any company.While the industry recorded a remarkable growth in a protected market environment, it faces a series of challenges that have come to the fore in the post-quota situation, notably in areas such as:

Price competitiveness.
Faster lead times.
High raw material base.
Full service offering.
Access to market. "A Cost is the value of economic resources used as a result of producing or doing the things costed".

Garments costing is effectively dependent on the fabrication. We all know that there are main two types of garments are available, knit and woven. Fabric consumption is one of the main element of garments costing. You can save much with doing better fabric consumption for both woven and knit. Woven fabrics are generally calculated in yards and knit fabrics are in kgs.

Woven Garments Consumption Calculation in Details

Knit Garments Consumption Calculation in Details

The basic requirements of garments costing are-

Fabric Consumption
CM of particular styles
Printing cost
Embroidery cost
Wash cost
Trims cost(Zipper, button, Label, Tape etc)
Accessories cost (Tag pin, Hanger, Price Ticket, Hang Tag etc)
Traveling cost

Now the thing is that how will you get those things to make a cost sheet. For fabric consumption you can follow the consumption formulas to find out how many fabrics are required for a garment and the measurement you will get from the techpack given by buyer. Now for CM you can get assist from your manager of higher management to get a effective CM. For wash cost please see the costing manual given by buyer and for printing and embroidery will depend on styles. For trims and accessories you must follow the BOM (Bill Of Materials) given by buyer for a specific style. I am sharing a BOM with you to know well.

BOM(Bill of Materials)

Now you required a costing sheet or format where you put the item name and values to get the final FOB of a style.A well decorated cost sheet makes the job easier and faster.If you use a cost sheet there is a less chance to miss any particular costing heads when you are in hurry. Many times it is needed to know how we reach to the final FOB. A well designed cost sheet will help you trace all details of costing. Cost sheet will also gives cost break up for future reference.

If you have product technical sheet then you can calculate the exact fabric consumption of a garment. Average fabric consumption also depends on nature of the fabric, like tubular or open width fabric. Whether fabric is solid colored, check or stripe or any specific design repeat required.

Knit Garments Costing Sheet Format: