This document outlines various strategies to improve profitability in the garment industry. It discusses factors that affect material costs including improving fabric and trims consumption through proper parameters, segregation, purchasing, and on-time arrival. It notes that raw materials represent 60-65% of costs and discusses optimizing various material aspects like width, shrinkage, and ordering processes. The document also discusses saving on energy costs through efficient lighting, equipment upgrades, and reuse of waste resources.
Lean manufacturing tools for garment industryAzmir Latif Beg
Lean manufacturing is a unified, compressive set of philosophies, rules, guidelines, tools, and techniques for improving and optimizing discrete process.
Lean is a production practice that creates more value with less work by eliminating sources of waste.
Garment manufacturing process from fabric to poductKarthika M Dev
This was one of my internship project which i done in SIYARAM'S in Gujarat. This is all about the process wch going in the factory from raw materials to the finished goods After a conformed order. Hope this will be helpful.
Lean manufacturing tools for garment industryAzmir Latif Beg
Lean manufacturing is a unified, compressive set of philosophies, rules, guidelines, tools, and techniques for improving and optimizing discrete process.
Lean is a production practice that creates more value with less work by eliminating sources of waste.
Garment manufacturing process from fabric to poductKarthika M Dev
This was one of my internship project which i done in SIYARAM'S in Gujarat. This is all about the process wch going in the factory from raw materials to the finished goods After a conformed order. Hope this will be helpful.
This presentation talks about various apparel production systems and the comparison between them. It includes every process from scheduling of each and every task in the particular process to dispatch of the garment.
What are the factors that affect fabric consumption in apparel industry?ThreadSol
: Logically, the cost of raw material can be controlled if we monitored the fabric consumption and utilization. So, what are the factors that affect the consumption and hence the cost of the fabric. Check this post to know more.
Top Cost-Saving Tips for Product PackagingMespack India
The primary goals of a supervisor or manager of a production or manufacturing floor is to maximize productivity while lowering the costs – these things are always a priority for them. The main contributors towards increasing costs and lower productivity is labor and freight costs and inventory control. And it is not mentioned a lot as to where to begin or how to impact the numbers.
This presentation talks about various apparel production systems and the comparison between them. It includes every process from scheduling of each and every task in the particular process to dispatch of the garment.
What are the factors that affect fabric consumption in apparel industry?ThreadSol
: Logically, the cost of raw material can be controlled if we monitored the fabric consumption and utilization. So, what are the factors that affect the consumption and hence the cost of the fabric. Check this post to know more.
Top Cost-Saving Tips for Product PackagingMespack India
The primary goals of a supervisor or manager of a production or manufacturing floor is to maximize productivity while lowering the costs – these things are always a priority for them. The main contributors towards increasing costs and lower productivity is labor and freight costs and inventory control. And it is not mentioned a lot as to where to begin or how to impact the numbers.
BravoConnect 2014: Sourcing a complex categoryBravoSolution
Sourcing complexity is derived from a handful of category attributes. On the top of the list is scale; the single biggest reason why sourcing professionals seek more powerful bid analytics. And while presenting a larger opportunity to the supply base can create additional leverage and resolving the proposals more quickly can create sourcing efficiency, it is only the tip of the iceberg.
Advanced and expressive bidding techniques and the enabling technologies allow sourcing professionals to tackle sourcing problems where supply markets are non-homogeneous, where dozens of stakeholders have firm beliefs about the shape of the answer, and what is being sourced is an entire value chain. In the most extreme cases, the scope of the problem goes well beyond sourcing into related supply chain functions (i.e. network design, component and SKU rationalisation, merchandising, inventory management, etc.).
This session introduced the audience to the concept of complex category sourcing, advanced and expressive proposal collection techniques, and the enabling proposal collection and optimisation-based analytical techniques. The concepts, techniques and technology were brought together via real customer case studies that demonstrated the value that can be generated when the problem is first redefined and then is attacked with an open mind.
Due to the large variety of products made in textile fabric manufacturing, companies involved in this industry typically utilize a make-to-order production system, which causes potential operational inefficiencies due to suboptimal production scheduling in an industry where demand is generally unpredictable.
Supply chain management is a set of approaches used to efficiently integrate suppliers, manufacturers, warehouses, and stores so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time in order to minimize system wide costs while satisfying service-level requirements.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
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Discover the innovative and creative projects that highlight my journey throu...dylandmeas
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
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What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
Cost Reduction Strategies
1. 1
Prepared by – Abhishek Raj
Strategies to Improve Profitability in Garment
Industry
2. 2
Factors affecting the cost at Material Level –
• Improve Material Consumption (Fabric & Trims).
• Proper Fabric Segregation.
• Proper Purchasing of Material.
• On Time Arrival of Material.
• Energy Saving.
Cost Reduction - Material
3. 3
Improve Material Consumption (Fabric & Trims)
66%
12%
12%
10%
Cost Distribution
Raw Material
Production Cost
Worker Wages &
Salaries
Overheads &
Adminstrative Expense
4. 4
Fabric Consumption:
Fabric represents around 60-65% of the total garment cost.
It is the most important component in costing.
Trims Consumption:
Thread consumption will affect the garment cost significantly.
Wrong calculations of thread consumption will lead to excess ordering of the thread.
Less ordering will lead to interruption in production.
Improve Material Consumption (Fabric & Trims)
5. 5
Parameters need to consider for fabric consumption:
• GSM
• Width of the fabric
• Grain Line Orientation
• Length of the fabric roll
• Shrinkage of the fabric
• Type of fabric
Improve Material Consumption (Fabric & Trims)
6. 6
Trims consumption:
• Thread consumption
‐ The factors that affect the thread consumption are –
Seam and fabric thickness
Stitch and seam class
Seam strength requirements
SPI
Thread count
Machine used for stitching
Production system followed
Operation break-down of the garment
• Thread Consumption Ratios
‐ The easier method is to use the generally applicable Thread Consumption Ratios for the various
stitch types. By relating these ratios to the length of seams using each stitch type, total thread
consumption can be easily calculated.
Improve Material Consumption (Fabric & Trims)
7. 7
Just like a group of persons is more likely to achieve a common goal rather than individuals working
independently; Grouping of fabric is more likely to prevent wastage thus achieving the goal of optimum
fabric utilisation.
There are 3 major parameters of grouping:
• Shade
• Width
• Shrinkage
Proper Fabric Segregation
8. 8
Width – Markers in production are made to fit the cuttable width of the fabric. Cuttable width can be
defined as the usable area width of the fabric excluding selvedge.
• Marker width = Fabric width – Selvedge width
• Width grouping ensures a potential rise in fabric utilization, and complete use of available fabric area.
Proper Fabric Width Segregation
9. 9
What happens when you don’t segregate your fabric rolls width-wise?
This action would result in a heavy loss of fabric. How? Let us take a simple example to illustrate this:
• Before grouping:
‐ Cutting width = least width = 1.43m
‐ Total Cutting Area = 572 sq m
• After grouping:
‐ Group A – Roll #1, Roll #2, Roll #4
‐ Cutting width = 1.47 m
‐ Group B – Roll #3
‐ Cutting width = 1.43 m
‐ Total Cutting Area = 584 sq m
• Thus, in one go width grouping gives you 2.09% fabric saving.
Proper Fabric Segregation
10. 10
Sourcing fabric is one the most important and challenging jobs in the apparel industry. Even a little mistake
can cost thousands of dollars.
It is a difficult job as the planner has to calculate accurate consumptions with inaccurate numbers or
estimates. He end up buying too much or too little. You either have yards of dead stock or huge losses in
short shipment.
Major problems facing while buying fabric/materials –
• No Size Breakup
• No Information of Incoming Fabric
• Arriving at Consumption per Garment
• Addition of Process Loss
• Too Many Orders
Proper Oredering of Material
11. 11
No Size Breakup –
• Buying of fabric happens much prior to actual execution of order on the floor owing to the large lead
times. More than often, fabric is bought even before actual size breakup is given by buyer. An order
with more requirement of the larger sizes is bound to require more fabric than an order with more
requirement of smaller sizes despite having the same total order quantity. This makes ordering fabric
buying a tricky task.
No Information of Incoming Fabric –
• A manufacturer has very little control over the fabric incoming from the mills. Despite guidelines for
the fabric to vendor, variations are inevitable. There is no knowledge of the accurate widths and
shrinkages of the fabric.1000 m of fabric in 155cm width will be more than 1000 m in 145cm width.
This leads to hidden wastages and inaccurate buying.
Proper Purchasing of Material
12. 12
Arriving at Consumption per Garment –
• Varying methods are used in various factories in order to calculate the consumption per garment for an
order. Some factories use historical data while others create estimated markers to arrive at this
consumption which are far from the final production plans. However, none of these give an accurate
consumption for buying resulting in variation between floor requirement and actual fabric ordered.
Addition of Process Loss –
• An additional buffer is added to the final consumption to accommodate the process losses faced in the
factory. This is an umbrella percentage. Several times this process loss percentage leads to excess or
short buying as the merchandiser does not know what is the exact wastage percentage for a particular
fabric, fir or style.
Too Many Orders –
• In most factories, buying happens in bulk. Fabric for thousands of orders is required to be ordered
simultaneously. This is a long, tedious and time consuming process prone to mistakes owing the
manual calculations.
Proper Purchasing of Material
13. 13
The concept of supply chain in a manufacturing organization can be defined as the interrelation of
activities involved in the delivery of products or services to the customer.
It is a chain because it links together the activities that are needed in order to accomplish the final goal,
which is the final delivery of the goods or services.
If a supplier that does not deliver goods to the company exactly on time and in the correct amounts could
seriously impact the production process.
On time delivery can also help to reduce the Lead Time.
On Time Arrival of Material
14. 14
Delivery Schedule Achievement (DSA) –
• DSA analyses how well a supplier delivers what the customer wants and when they want it. The goal is
to achieve 100% on-time delivery without any special deliveries or overtime payments, which only
increase the delivery cost. DSA measures the actual delivery performance against the planned delivery
schedule. Failed deliveries include:
"Not on time" deliveries - both late and early.
"Incorrect quantity deliveries".
Both "not on time" and "incorrect quantity deliveries".
On Time Arrival of Material
15. 15
Rising energy costs and environmental concerns put factory managers under constant pressure to optimise their
facility’s energy performance. This doesn’t need to be a daunting task.
Following methods can help in Energy Saving –
• Install energy efficient lighting
• Optimize air compressors and fix leaks
• Overhaul or replace aging HVAC systems
• Create an energy management team
• Reschedule usage of high powered electric machinery
• Continuous improvement strategy
• Conduct an energy assessment
• Use Energy Star equipment
• Embrace natural lighting
• Unplug computers over the weekend
• Invest in good insulation
Energy Saving
16. 16
When analysing how the factory works to find ideas to save electricity, there are three main directions you
can take:
Optimise the use of resources - The lighting system offers great opportunities for savings: adopting the
latest high efficiency fluorescent tubes and installing occupancy detection and variable output systems,
will ensure that only occupied areas are lit and light levels exactly match what is required by the activities
in each specific area. No energy is wasted lighting empty areas or providing more light than is necessary.
Eliminate waste - Small inefficiencies can result in energy waste that can build up unnoticed. A weekly
audit at the end of the day can allow you to find them and fix them quickly, minimising energy waste. As
you analyse the workings of your facility, you can further improve its energy performance by identifying
and fixing similar inefficiencies that at first sight appear insignificant but can result in a build-up of
unnecessary electricity use.
Reuse waste - Is there any waste that you could use to reduce your facility’s energy requirements? For
example, in winter you could reclaim excess heat at high levels and recirculate it at ground level, reducing
load on space heaters, so you would need fewer. This can be achieved with destratification fans or by
fitting recirculation modules on roof mounted air inlet systems.
Energy Saving