Costing is a very complex procedure, with setpatterns and guidelines followed by the industry. and it is difficult to findout costs for every process as there are some inbuilt costs while costing,elaborate Saroj Bala and Tripti Gupta.
Woven fabrics are used worldwide for many applications likeapparel, home furnishing, accessories, industrial and medical textiles. It isestimated that the global production of woven fabrics will grow 35 milliontones by 2010 and most of this growth will be in Asia. It is also estimatedthat Asia will emerge as the biggest market for sourcing of fabrics for thegarment and apparel industry. Costing of woven fabrics for garmentmanufacturers is one of the most important aspects of garment production. About65- 70% cost of the garment is the cost of the fabric and hence, it is verycrucial to get the right cost of the fabric from fabric manufacturers andsuppliers.
A large variety of fabrics are used in the export/domesticmarket for different end-uses. Buyers send specifications and the fabric has tobe developed as per the design trend. Garment manufacturers source fabricswith specific construction and characteristics in different quantities fordifferent end-uses. Garment manufacturers struggle to get the best possiblecost of the fabric. It would be interesting to know the important points toconsider for getting a comprehensive understanding of costing. Costing seemsto be a complex exercise as it depends on a number of variables. Costs arecalculated taking into consideration the complete production process and machineryinvolved. However, in this article, the authors consider only the commercialcosting keeping in mind the manufacturing cost and wet processing cost.
About the Authors
Ms. SarojBala is the Associate Professor, and Mrs. Tripti Gupta, Assistant Professor arewith the Pearl Academy of Fashion, New Delhi.
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