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GRADUATION PROJECT An effort by: Neelkanth 09/215 FABRIC AND TRIMS MANAGEMENT AND DEALING WITH THEIR DETENTION. (Mid Term Review)

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mid term rev

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GRADUATION PROJECT

An effort by: Neelkanth 09/215

FABRIC AND TRIMS MANAGEMENT AND DEALING WITH THEIR DETENTION.

(Mid Term Review)

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Gp details

Triburg Consultants pvt. Ltd. Udhyog vihar, sector 20

Faculty mentors: Dr. D.Samuel Wesley Mr. T. Murugan Industry mentor: Mr. Anurag oberoi

Topic : Fabric and Trims management and dealing with their detention.

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Products

• All types of fashion – High fashion, Casual, Semi-formal and formal.

• All customer classification- Infants , kidswear, Juniors; Missy/Petite/Larger size/Maternity for women ; Regular and special sizes for men.

• Quality standards –based on customer’s requirements the Acceptable Quality Levels range from 1 to 4 using military standard 105 D/E.

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Ann Taylor Loft

• Established in 1983• Casual sister to Ann Taylor• Moderately priced• Mashine washable• Clothing made of the highest end fabrics.

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Seasons

• Spring (Jan-mar)• Summer (Apr-jun)• Pre-fall (July)• Fall (Aug-sep)• Winter (Oct-dec)• Pre-spring (Dec)

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TIME AND ACTION PLAN

• G:\New folder\TNA.docx

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Triburg organisational structure

• G:\New folder\OGN STR.docx

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Triburg Associates

• Over 125 factories vendor base, located in 15 countries.

• A capacity network of over 2.5 million units/month committed to Triburg.

• An average loyalty/association of over 15 years with top 50 vendors. Most vendors are certified by the existing customers.

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Contd..

• Suppliers: MASTEX, VARDHMAN, VARDHMAN,KS TEXTILES, NAHAR, ASHOK,HTI ,NEW DIAMOND ,TEX ZONE

• Vendors: SPARROW APPARELS(Bottoms),OC (Dress) ,RICHA (Tops), LT KARLE (Bottoms)

THEME EXPORT (Tops), TEXPORT OVERSEAS(Bottoms), NSL(Bottoms).

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Work in progress

• G:\WIN 13 - LR RECAP.xls

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Fabric Stock Control

There are three types of stock that a business can hold:

• Stocks of raw materials (inputs brought from suppliers waiting to be used in the production process).

• Work in progress (incomplete products still in the process of being made).

• Stocks of finished products (finished goods of acceptable quality waiting to be sold to customers)

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• Good stock management by a firm will lower costs, improve efficiency and ensure production can meet fluctuations in customer demand. It will give the firm a competitive advantage as more efficient production can feed through to lower prices and also customers should always be satisfied as products will be available on demand.

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• However, poor stock control can lead to problems associated with stock-outs.

• This occurs when a businesses runs out of stocks. This can have severe consequences for the business

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• Loss of production (with workers still having to be paid but no products being produced)

• Potential loss of sales or missed orders. This can harm the reputation of the business.

• In these circumstances a business may choose to increase the amount of stock they hold in reserve (buffer stock). There are advantages and disadvantages of increasing the stock level.

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Advantages & Disadvantages

Can meet sudden changes in demand

Less chance of loss of production time because of stock outs

Can take advantage of bulk buying economies of scale

Costs of storage – rent and insurance

Money tied up in stocks not being used elsewhere in the business

Large stocks subject to deterioration and theft

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Process overview at Triburg

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Raw Material Management

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Fabric development

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Some observations made on fabric detention

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Reason of delay Factors responsible Suggested measure Example

Lab Dip Not desired shade;Communication lapses

Meeting and training of supliers

Occurrence of flare

Approval delays Rejections,Incomplete submission

Set up the required time for approval of samples at various stages

Approval of sample yardage

Quality problems Priorities for selected suppliers

Advance planing for the right supplier

Gsm variation,Seam puckering,csv

Changes in specification

Communication lapses Standardization of specification in consent with all three teams i.e.Merchandising, Quality and Product.

Revision in techpack

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Warehousing

• Triburg provides outstanding warehousing and inventory management services, sustained by an up-to-the-minute warehouse management software, allowing our customers to access real time data, instant and accurate reports, RF scanning, and bar-coding among a host of other features at Jebel Ali Free Zone (JAFZ)

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Documents

• Bill of lading• Purchase order• Commercial invoice• Air way bill

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Future Prospects of Project

• Working on a particular style number(Product development)

• Textile mill visits for understanding the time delay caused before fabric ex mill date

• Observing and adding more detentions of fabric and trims and coming up with proper and innovative remedies

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THANK YOU