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Cost control – How does it’s works?. Dhaka 23.11.2012 GHERZI GARMENTING. Breakdown of cost ( Turkish producers of knit products T-shirt, polo’s complex designs) . Breakdown of cost – ( Turkish producers of woven bottoms products – complex washed designs) .
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Cost control – How does it’s works? Dhaka 23.11.2012 GHERZI GARMENTING
Breakdown of cost (Turkish producers of knit products T-shirt, polo’s complex designs) GHERZI GARMENTING
Breakdown of cost – (Turkish producers of woven bottoms products – complex washed designs) On top of the cost, an average of 5 -10% profit margin will be applied GHERZI GARMENTING
Breakdown of cost (Bangladesh producers of knit products T-shirt, polo’s basic designs) GHERZI GARMENTING
WHAT TO DO TO GET PROFIT ? GHERZI GARMENTING
HOW TO OPTIMIZE EXISTING PROCESS ? – concentrate on major costs GHERZI GARMENTING
Fabric costs Less than 7% of the personnel is responsible for more than 55% of the costs GHERZI GARMENTING
2nd quality ratio GHERZI GARMENTING
Production Manufacturing costs More than 70% of the personnel is responsible for less than 20% of the costs GHERZI GARMENTING
Sewing cost – case study First concentrate on eliminating the losses GHERZI GARMENTING
Shape up your production based on realities GHERZI GARMENTING
Cost Control system – where is Bangladesh focusing? GHERZI GARMENTING
How you implement Cost Control mecanism? GHERZI GARMENTING
How we achieve cost control at the level of the company? GHERZI GARMENTING
Conclusions • It is not hard when YOU KNOW whatyouhaveto do ! • Profit IS THERE but youneedto be abletosee it • Transferrthecostresponsibilitytothemiddlemanagement. Makethemaccountable GHERZI GARMENTING
THANK YOU !!! Consultant to Garmenting & Textile Industry www.gherzi.comwww.facebook.com/gherzi.garmenting GHERZI GARMENTING