Important formula for garments merchandising

 The important formula for garments merchandising

Garment merchandising involves a range of activities related to the planning, development, and production of clothing and other textile products. To effectively manage this process, there are several important formulas that every merchandiser should be familiar with. Here are some of the most important formulas for garments merchandising:

Fabric Consumption: The fabric consumption formula is used to estimate the amount of fabric required for a particular garment. The formula is as follows:

Fabric Consumption = (Garment length + Garment width + Allowance) x Quantity x Fabric width / Fabric efficiency

Here, garment length refers to the length of the fabric needed for the garment, garment width refers to the width of the fabric needed for the garment, allowance refers to the additional fabric required for seams and other finishing details, quantity refers to the number of garments being produced, fabric width refers to the width of the fabric being used, and fabric efficiency refers to the percentage of fabric that is actually usable.

Costing: Costing is an essential aspect of garment merchandising, as it helps to determine the price of the final product. The costing formula is as follows:
Cost price = (Raw material cost + Labor cost + Overhead expenses) / (1 - Profit margin)

Here, raw material cost refers to the cost of the fabric, trims, and other materials used in the garment, labor cost refers to the cost of labor required to produce the garment, overhead expenses refer to the cost of utilities, rent, and other expenses related to running the factory, profit margin refers to the percentage of profit desired by the company.

Production Capacity: The production capacity formula is used to determine the number of garments that can be produced in a given period of time. The formula is as follows:
Production capacity = (Total production minutes / Cycle time) x Line efficiency

Here, total production minutes refer to the total number of minutes available for production in a given period of time, cycle time refers to the time required to produce one garment, and line efficiency refers to the percentage of time that the production line is actually producing garments.

Work in Progress: Work in progress refers to the number of unfinished garments at any given time. The work-in-progress formula is as follows:
Work in progress = (Total production minutes / Cycle time) x (1 - Line efficiency)

Here, total production minutes and cycle time are the same as in the production capacity formula, and line efficiency is the same as well.

Delivery Schedule: The delivery schedule formula is used to determine the time required to complete a production order. The formula is as follows:
Delivery schedule = (Order quantity x Production time) / Production capacity

Here, order quantity refers to the number of garments ordered, production time refers to the time required to produce one garment, and production capacity is the same as in the production capacity formula

Lead Time: Lead time refers to the time required to complete a production order from start to finish. The lead time formula is as follows:
Lead time = Production time + Delivery time + Processing time

Here, production time is the same as in the delivery schedule formula, delivery time refers to the time required to transport the finished garments to the customer, and processing time refers to the time required for quality control, packing, and other finishing details.

In conclusion, these formulas are essential for garment merchandising as they help to estimate the amount of fabric required, determine the cost of the final product, and calculate production capacity, work in progress, delivery schedule, and lead time. By using these formulas, a merchandiser can effectively manage the production process and ensure that the final product meets the customer's requirements.

Thread consumption in garments merchandising
In garment merchandising, thread consumption is a crucial factor that plays a significant role in determining the cost of production. Thread consumption refers to the amount of thread used in the production of a garment. The amount of thread used in garment production depends on several factors such as the fabric type, garment design, stitching type, and sewing machine used.

To calculate the thread consumption of a garment, the following formula can be used:

Thread Consumption = [(Length of Stitch x Number of Stitches) / (Length of Spool Thread x Efficiency)]

Here, the length of stitch refers to the length of the stitch used in the garment, the number of stitches is the total number of stitches used in the garment, the length of spool thread is the length of thread on a spool, and efficiency is the percentage of thread actually used in the garment.

The thread consumption calculation helps in determining the amount of thread required for a specific garment design and helps in optimizing the production process to reduce wastage and cost. It is important for a merchandiser to accurately calculate the thread consumption to estimate the production cost and to ensure that there is a sufficient thread available for the entire production run.

The easiest process to learn to merchandise
Merchandising involves the planning, buying, and selling of products to ensure maximum profit for a retail business. Here are some steps to help you learn about merchandising:

Understand the basics: Start by learning the basics of merchandising, such as the various types of merchandise, product placement, pricing strategies, and inventory management.

Study successful merchandisers: Look at successful merchandisers in your industry and study their strategies. This will help you gain a deeper understanding of how to effectively merchandise products.

Read industry publications: Read industry publications, such as trade journals, blogs, and magazines, to stay up-to-date with the latest trends and best practices in merchandising.

Take courses or attend workshops: Consider taking courses or attending workshops to gain a more formal education in merchandising. There are many online courses and programs that can provide you with the knowledge and skills needed to succeed in this field.

Get hands-on experience: One of the best ways to learn about merchandising is to get hands-on experience. Consider working in a retail store or interning with a merchandising team to gain practical experience in the field.

Remember, learning about merchandising takes time and effort, but with dedication and persistence, you can become proficient in this important aspect of retail.