Product & Raw Materials
•
0 likes•64 views
Presentation about some topic. The topics are- 1. What kind of products will you want to produce? 2. What will be the raw materials? 3. The source of your Raw materials. 4. The Reason for choosing the sources? 5. Whether the materials will directly transfer to factory or preserve? 6. How will charge the cost of raw materials? **NB: The drawing of the waterfall in the first slide is collected by Pinterest, but I illustrated the drawing.**
Recommended
More Related Content
Similar to Product & Raw Materials
Similar to Product & Raw Materials (20)
Recently uploaded
Recently uploaded (20)
Product & Raw Materials
- 1. WELCOME
- 2. Md. Rashedul Islam-49 Md. Faruk Hossain-05 Md. Khalid Hasan- readd-10 Md. Mehedy Hasan-62 Shahriyar Zaman-35 Md. Anilk Islam-50
- 4. SHOPPING PRODUCTS There are 4 types of products (convince, shopping, specialty, unsought) and we choose one of them, that is shopping products. Basically we will produce jeans pant, shirt & jacket. We know that jeans nowadays are very popular apparel as casual or informal dress among men, women, and kids also. The popularity and demand both are increasing day-by-day & we want to produce denim products so that we can more export the products in global country. We also believe that in future, Bangladesh will reach top one number denim exporter. What kind of products we want to produce??
- 5. Raw materials of product ??Raw materials may be divided into two categories: direct and indirect. Direct raw materials require to produce Jeans are Denim & cotton cloths, thread, button , rivet, zip, stickers, washing acid etc. Indirect raw materials are Machinery, electricity, sewing machine, packaging bag etc.
- 6. Sources of raw materials ??We will collect the resources of raw materials from different supplier from separate place through import. Denim Cloth Cotton Cloth Thread Button Rivet Zip Sticker Plastic Washing Acid Mumbai Ahemdabad Delhi Delhi Delhi Delhi Ahemdabad Ahemdabad Ahemdabad There are another option for sources of raw materials. That is online marketing like Alibaba, Amazon etc.
- 7. Reason for choosing the sources ??We will collect the raw materials from different supplier. There are some reason to choose the supplier to collect the product. Before select the source we had to think, analyzing & portfolio checking. Some reason for choosing the sources are: Good Quality The suppliers are reliable. They deliver the right goods in time as described. Supplier also respond better to different requests, such as rush orders or holding on to stock. The products are good quality. If anything goes wrong they are agree to change the products. They produce goods for many years. Reliable The suppliers are experienced & They have been in business a long time. Moreover they are financially stable. Stability Strong service They give good service. They are honest and supplier will give plenty of warning if they can't.
- 8. The materials will directly transfer to factory or preserve ?? FACTORY After receive the products from supplier the materials will directly transfer to factory also we will preserve. Actually we will transfer raw materials as much as need to produce goods and remaining raw materials will be reserved for future.
- 9. How will we charge the cost of product ?? We will use LIFO method which means Last In First Out, for charging the cost of product because our business will deal with super market. Why we choose this method ? it is simple to understand and easy to operate. LIFO say that it distorts inventory figures on the balance sheet in times of inflation. LIFO gives its users an unfair “tax holiday” as it can lower net income, and subsequently, the taxes a firm faces. This is the exact reason to choose this method. LIFO is more apt for matching cost and revenue figures allows complete recovery of material cost.