For “Goods for Sales” inventory is usually divided into
1. Raw Materials :
a) Natural Raw Materials: Cotton, Wools and etc.
b) Synthetic Raw Materials: Acrylic, Viscose, Nylon, Polyester, etc.
2. Work in Process (WIP) :
It’s starting with making Fibre from raw materials (Natural and Synthetic).
Following by the process of spinning with the produced Fibre and come out with Yarn as the final product in spinning. Furthermore, Yarn will be processed into Grey Fabric by the process of weaving. Lastly, Processed Fabric is to be done from Grey Fabric. Processed Fabric will be used for Technical Textiles, Readymade Garments and Home Textiles. These products will contribute to further production of final goods.
3. Finished Goods :
Finished goods will be categorised under the brand of PADINI, SEED, PADINI AUTHENTICS, P&Co, PDI, MIKI, VINCCI and so on. For example of finished goods are: sweater, skirt, knit vest, cotton pant, dress, shirt, belt, bag, tie, jeans, blouse, scarf, jacket, trousers, blazer and so forth.
1.2 Process of Manufacturing Raw materials that can be divided into two distinct categories: those derived from natural materials (cotton, et cetera) and synthetic materials (polyester, et cetera).
Fibre will be produced by compounding raw materials into one. Fibre then will undergo the process of spinning to become yarn.
The production process begins with yarn purchasing and progresses through knitting, dyeing, and finishing. The processed fabric is then ready for further production. Process of Manufacturing (after processed fabric) is given below in details: No.
Abstract This paper will discuss which information gathering methods can be used in analyzing requirements, identify which business process mapping methods should be used in analysis activities, discuss which business process mapping tools should be used in documenting analysis, indicate how the analyst would know if these methods and tools were effective in understanding the requirements, and ...
It is given by buyers to manufacturers containing sketches including measurements of particular styles
Basic block is an individual component of garments without any style of design
When a pattern is made for a particular style with net dimension regarding the basic block along with allowance then it is called working pattern.
After making a sample, it is sent to buyer for approval to rectify the faults Manual
After rectify the faults, sample is again sent to buyers.
Fabric Costing, Making Charged, Trimmings, Profit
Making allowance with net dimension for bulk production
Different in sizes. S, M, L, XL, XXL
Marker is a thin paper which contains all the components for different sizes for a particular style of garments
To spread the fabrics on table properly for cutting
To cut fabric according to marker dimension
Sorting & Bundling
Sort out the fabric according to size and for each size make in individual bundles Manual
To assemble a full garments
Ironing & Finishing
After sewing we will get a complete garment which is treated with steam ironing & also several finishing processes are done for example extra loose thread cutting
Should be approved as initial sample
Abstract The objective of the first assignment is to determine if TJX’s stock returns are normally distributed. We pulled pricing data from 899 days before the corporate data breach and 100 days after the event and then conducted several tests in order to draw a conclusion about the distribution of TJX’s returns. The KS test for the 1,000 observations suggested TJX’s stock returns are not normally ...
Treated by Polyethylene bag
1.3 Inventories Valuation Method
Cost is determined using the first-in-first-out method for Padini Holdings Berhad for the financial year ended 30 June. p. 62
Note: *Full page copy of financial statement for this particular section will show at Appendix.
1.4 Amount of Closing Inventories
The amount of closing inventories as reported in the financial statement for Padini Holdings Berhad was RM192, 285, 000 for the financial year ended 30 June. p. 80
Note: *Full page copy of Financial Statement for this particular section will show at Appendix.
2) http://crisil.com/pdf/research/CRISIL-Research-cust-bulletin_jan12.pdf 3) http://en.wikipedia.org/wiki/Textile_industry