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Wednesday, February 22, 2012

Execution of Garment Export Order


After receiving the garment export, without wasting any time. It is essential to prepare a time a schedule for the jobs to be done for safe execution of the export order. The main jobs for the execution of an export order as follows:

  • Detail analysis of export L/C.
  • Preparation of a time Schedule for the export L/C.
  • Collection/Procurement of fabric And Accessories for the garment to be   export L/C. (Source, quality of items, cost of the items, receiving data of the items, quality and quantity, inspection of the items, etc.)
  • Distribution of responsibilities for the job and duties.
  • Production plan.
  • Inspection of the produced garments for quality, quantity, packing and other requirements of the buyer.
  • Preparation of Banking and shipment formalities.
  • Continuous follow-up of progress
  • Others.

Normally one person called garments merchandiser is engaged and given responsibility for a particular garment export order L/C.A garment merchandiser should monitor all the jobs related to execution of an export order. He/She should also maintain continuous liaison with the garment exporter and garment export order.

Process of garment production quality with required quality level with in schedule time is the most important and critical job of the garment merchandiser, Hence, through Knowledge is essential for a garment merchandiser for successful execution of the export order. With the change of time.  Nowadays, Garments quality became very important. To maintain the produced garments with required quality level. It is essential to start from fiber, yarn, fabric, dyeing, printing, finishing, garment production, garment inspection and quality control, testing. Garment washing/dyeing, garment finishing, packing etc .technical affairs. A brief discussion on that technical area is discussed systematically. To understand the discussion of the subsequent chapter .Theoretical and practical cooperation of others may be helpful for easy understanding.

Monday, February 20, 2012

The Process of Negotiation

A  Successful negotiation outcome does not generally occur through luck. by following a clear process. The Process reflects the different levels of knowledge of the subject of Negotiation, Various parties and the way they communicate at various stages in the Negotiation. The following is an outline of steps essential to effective negotiation

Sunday, February 19, 2012

Negotiation Skills..................


One of the most important skills a buyer and a seller must muster is the ability to negotiate. As most high street fashion selling prices are very competitive. The greatest scope for improving profit in a product is the reduction of cost price. There are many factors that influence the final cost price of a product including fabric. Garment construction, order volume, lead time, and delivery terms. These particular issues are discussed in more detail throughout the book.
 
Negotiation is a process of communication and exchange through which the interested parties make a series of demands and compromises; it involves the trading of benefits between parties. The basic principal is to trade what is of low value to you but of greater value of the other party, thereby reducing the cost of success to you. However the aim of a negotiation should be to ensure that both parties are happy with the final outcome or agreement .otherwise one or the other will not continue to participate.

The old scenario of the retailer always winning and supplier always losing result in both parties effectively losing. Traditionally, the dominant fashion retail groups have seen the availability of large number of supplies as a means of trading one off against another to achieve a cheaper cost price consequently many of the suppliers who lost out ceased to do business with those retailers again. Short-time cost price gains resulted in short term relationships with many suppliers. With the end result being a large unwieldy and diverse supplier base operating as efficiently as it should

Saturday, February 18, 2012

Procurement of Garment Export Order:


The most critical work is the procurement of garment export order. Normally garments export order is found fro, the potential garment importers called Garment Buyer. Anybody wants to collect garments export order, Should be able to convince The Buyer. When The Buyer is convinced about garment production, Garment quality, garment costing and garment delivery /shipment ability of a garment export order. To convince the buyer it is better if u can visit his/her office in aboard with your produced some sample garments and company profile. Even it will be more helpful, If u can invite and arrange the visit of your prospective buyer to your office, Factory to see production facility, Product quality, So that the buyer gets confidence about your garments export ability.

Without clear confidence among buyer and exporter from both sides may be a risky business deal. If a garment exporter can continuously deal with only two or three buyer with buyer Satisfaction, it will be sufficient enough to run garment production and garment export business smoothly round the year

RMG Sector prospectives in Bangladesh





When it comes to production of garments Bangladesh managed to hold a good position in world market for many years. But it has been good but never been better or excellent of the competition is growing in the world garments sector. Bangladesh is now facing huge competition from countries like china, India and Thailand. To stay on high position by competing with those countries she needs to develop their business by opening new product with a high quality with minimum price. To do that they needs to follow couple of practice and procedure by which they could earn maximum profit in the end. It is the assignment by which we tried to find the best way to develop business in the Apparel Industry.