RECLAIM 1
1
WELCOME TO RECLAIM BUSINESS DESCRIPTION MISSION & VISION VALUES SOURCING GUIDELINES TARGET MARKET
2
OUR PRODUCTS LOGISTICS PRODUCT CATEGORY SIZE RANGE PRICE POINTS
3
SOURCING AND STRATEGY COUNTRY ANALYSIS SUPPLIER ANALYSIS STRATEGY PUBLICATION STRATEGY CONCLUSION
4
PLANNING AND COSTING LINE PLAN UNIT BREAKDOWN COSTING SHEET TECH PACK COUNTRY RANKING SUPPLIER RANKING
W E LCO M E TO R E C L A I M
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1
BUSINESS DESCRIPTION MISSION & VISION VALUES SOURCING GUIDELINES TARGET MARKET
THE BRAND
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RECLAIM was created to bring awareness to the amount of clothing and textile waste in the fashion industry today. Through recycling, these fabrics can be broken down and re-purposed into a new, elevated piece. Each knitwear piece created at RECLAIM has been felted from recycled fibers to create unique pieces in hopes to bridge the gap between elevated fashion and sustainability.
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MISSION Bring awareness and educate our style conscious customer on how reusing and recycling clothes can be attainable.
VISION To elevate used materials to a level of desired style through re-purposed design and innovation.
VALUES
1 Use materials that have already had a purpose and are at the end of their original life-cycle.
2 Elevate the re-used materials to usage.
3 Reduce the wasteful practices within the fashion industry, as a brand on the scale of our company.
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serve a new purpose and level of
CODE OF CONDUCT I.
FORCED LABOR: There shall not be any use of forced labor, whether in the form of prison labor, indentured labor, bonded labor or otherwise
II.
CHILD LABOR: No person shall be employed at an age younger than 15 or younger than the age for completing compulsory education in the country of manufacture where such age is higher than 15.
III.
HARASSMENT ABUSE & VIOLENCE: Every employee shall be treated with respect and dignity. No employee shall be subject to any physical, sexual, psychological or verbal harassment or abuse.
IV.
NON-DISCRIMINATION: No person shall be subject to any discrimination in employment, including hiring, salary, benefits, advancement, discipline, termination or retirement, on the basis of gender, race, religion, age, disability, sexual orientation, nationality, political opinion, veteran status, marital status, or social or ethnic origin.
V.
HEALTH & SAFETY: Employers shall provide a safe and healthy working environment to prevent accidents and injury to health arising out of, linked with, or occurring in the course of work or as a result of the operation and employer facilities. The employer shall take a proactive approach to health and safety by including policies, systems and training designed to help prevent accidents, injuries and protect worker health.
VI.
FREEDOM OF ASSOCIATION & COLLECTIVE BARGAINING: Workers must be free to join
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organizations of their own choice. Employers shall recognize and respect the right of employees to freedom of association and collective bargaining. VII.
WAGES & BENEFITS: Employers shall recognize that wages are essential to meeting employees’ basic needs. Employers shall pay employees at least the minimum wage required by local law. Employers shall provide mandated benefits as directed by the laws of the country.
VIII. HOURS OF WORK: Except in extraordinary business circumstances, employees shall not be required to work more than the lesser of 60 hours per week or the limits on regular and overtime hours allowed by the law of the country of manufacture. Except in extraordinary circumstances, employees shall be entitled to at least one day of rest in every 7-day period. IX.
OVERTIME COMPENSATION: In addition to their compensation for regular hours of work, employees shall be compensated for overtime hours at such premium rate as is legally required in the country of manufacture or, in those countries where such laws do not exist, at a rate at least equal to their regular hourly compensation rate.
X.
WOMEN'S, DISABLED, ETHNIC MINORITIES & U.S. VETERANS RIGHTS: All Employers will ensure that workers who are women, disabled, or an ethnic minority receive equal treatment in all aspects of employment. All U.S. employers will ensure that veterans receive equal treatment in all aspects of employment.
XI.
ENVIRONMENTAL: Factories shall have written environmental policies and standards and must comply with all applicable environmental laws and regulations. Factories shall continuously monitor their production process including those related to emissions, discharges and disposal of wastes. Factories shall take a progressive approach to minimize negative impacts on the environment.
XII.
QUALITY: Quality is the result of clarity, capable and well integrated systems, and good communication. To achieve this, factories must have a clearly documented quality system and quality improvement plan. That system must include reliable “in process” and fi nal fi nished goods audits and procedures that meet Reclaims’s quality standards. These audits must be performed by a trained QA staff person provided by the factory who has the autonomy and support they need in order to provide an unbiased report on the quality of every shipment of finished goods.
XIII. SUBCONTRACTING: Reclaim does not permit unapproved subcontracting under any circumstances. All salesman sample and bulk production orders must be placed within facilities that have been approved by Reclaim, without exception. regulations in effect where the company does business
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XIV. COMPLIANCE WITH LAW: Suppliers and contractors must adhere strictly to all applicable laws and
INTERNAL FA C TO R S At RECLAIM, we use a three step system of compliance to ensure that all suppliers are adhering to our Code of Conduct.
2.
New suppliers will complete a self evaluation that includes thorough details of factory conditions and sign our Code of Conduct Agreement. This will ensure that our suppliers know our high standards at Reclaim and can then be educated on our Code of Conduct.
3.
Audit results are reviewed with the supplier and any issues or praises are discussed. If issues arise, an improvement process will be implemented to improve the overall compliance of the supplier.
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1.
Regular audits will be conducted regularly once the supplier is contracted by Reclaim. Audits will include in-depth interviews, inspection of facilities and working conditions, and a review of all documentation.
EXTERNAL FA C TO R S
Each of these certifications have a multitude of standards, guidelines, and rules that companies must abide by. Both of the certifications already work with a range of companies from small coffee shops to large corporations.
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Based upon our values as a company and the ethical responsibility to adhere to our code of conduct, we have chosen two external parties to help us maintain the highest standard.
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To be Fair Trade certified is not a simple task, there are many tasks and responsibilities at hand. The Fair Trade certification model is designed and audited to ensure equitable trade practices at every level of the supply chain. To obtain this license from Fair Trade USA to use the Fair Trade Certified™ label on their products, companies must buy from certified farms and organizations, pay Fair Trade prices and premiums and submit to a rigorous supply chain audits. This process entails a high level of transparency and traceability in their global supply chains. Each quarter every certified business must also pay fees.
Companies must amend its articles of incorporation to adopt B Lab’s commitment to sustainability and treating workers well. Among everything else a B Corp must also pay one annual fee based on revenues, biannually complete a B Impact Report (a lengthy questionnaire that measures social and environmental impact), meet B-Lab’s comprehensive social and environmental performance standards and make that B Impact Report public, in order to receive the certification from B Lab.
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To qualify as a Benefit corporation or a “B Corp", a firm must have either a social or environmental mission, which fits into Reclaims category. A company must also have a legally binding fiduciary responsibility to take into account the interests of workers, the community and the environment as well as its shareholders.
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TA R G E T M A R K E T & CUSTOMER AGE: 20-35 GENDER: Male and Female TRAITS: Fashion forward, conscious consumer, sensation seekers, selfmotivators. CLASS: Mid to Upper Level income TARGET LOCATION: Urban cities in United States, Urban and northern European Countries.
As a fashion conscious customer, Giovanna looks for innovative design and style but also wants quality and function. Giovanna is not afraid to go against the grain and enjoys try new things. Her personal style as dressy, modern. Giovanna is goal oriented, self motivated and is always up for a challenge, both in her professional and personal life.
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CUSTOMER PROFILES
Name: Giovanna Castoro Age: 24 Education: Columbia University Occupation: PR Manager Income: $104,000 / yr Location: New York Lifestyle: Originally from Arizona, Giovanna moved to New York to study Business Management at Columbia University.
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Name: Drew Beckett Age: 27 Education: University of Chicago Occupation: Digital Marketing Director Income: $94,000 / yr Location: London Lifestyle: After living in Chicago, Illinois for 5 years , Drew moved to London where he works in marketing. Drew enjoys buying clothing that not only looks great now but will also look great in the future. He would rather spend more money on a item of clothing that is “sustainable� than buy into the fast fashion world. He would describe his personal style as clean, slick and modern.
OUR PRODUCTS
2 RECLAIM 17
LOGISTICS PRODUCT CATEGORY SIZE RANGE PRICE POINTS
LOGISTICS & STORE LOCATIONS Reclaim is an E-commerce only business. Since we will not have brick and mortar stores our product will be shipped from our factory in Thailand to our
distribution center in New Jersey. From there, we RECLAIM 18
will utilize FedEx to transport the orders to the
customer. Shipping rates will vary from state to state but our flat rate will be set at $7.95 USD.
PRODUCT & SILHOUETTE EXPLORATION
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DETAILS
Knitwear: Cardigan, Pullover, Crop
Sizing: XS, S, M, L, XL Price Range: $210-$530 USD
LET US TELL YOU ABOUT OUR PRODUCTS At Reclaim we strive to use recycled fibers to make fashionable,
functional
and
most
importantly
sustainable products. Our collection of knits and woven pullovers and cardigans will keep you stylish while still making a change in how we do fashion . Our products are made from a mixed composite of
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soft fibers that will keep you comfy all day. This mixed composite of fibers, ultimately makes each one of our products unique and one of a kind.
S O U R C I N G A N D S T R AT E GY
3 RECLAIM 21
COUNTRY ANALYSIS SUPPLIER ANALYSIS STRATEGY PUBLICATION STRATEGY CONCLUSION
COUNTRY ANALYSIS
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THINGS TO KEEP IN MIND
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C H I N A
China is a key player in deciding where to source our products from. They are the most well versed country in terms of exporting apparel and have a multitude of factories to choose from for our knitwear pieces. Although we have found factories that have implemented sustainable practices, the country is ranked 109th of 180 countries in the 2016 Environmental index. Their Labor Laws include many rights and precautions we look for when doing business such as the ability for workers to form unions, equal pay, take appropriate leave and many more. Although the Chinese have prioritized improvement in technology related to energy efficiency and clean energy, poor co-ordination and patchy implementation could hinder development in these areas. China has continuously been a world leader in technology and innovations with electronics and machinery being their largest export category. China currently has no free trade agreements with the United States and none are in the works. The TPP (Trans-Pacific Partnership) is currently in the works but the trade agreement excludes China and will most likely work against them when creating a new trade powerhouse. There is no national minimum wage in China but each province in china delegates there own minimum wage. The lowest minimum wage is 11 yuan = $1.61 per hour. The highest minimum wage is 18.70 yuan = $2.90 per hour. Manufacturing in China cost significantly less due to the high saturation of manufacturers and the huge, highly-skilled labor force.
T H A I L A N D
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When researching, Thailand was an obvious souring option based upon the information found. Thailand takes pride in the treatment and appreciation of their workers and the quality of the pieces that are made in the country. Although the exertion of pollutants is much lower than China, sustainability often takes the backseat to economic growth in Thailand. The only plan being implemented is the Enhancement and Conservation of National Environment Quality, which ends this year. The labor laws in Thailand are taken quite seriously and implemented across all industries. From their social security act to the wages and working hour requirements, there is a great deal of crossover between their requirements and our code of conduct. Thailand has actively promoted science and technology to encourage innovation. The National Science and Technology and Innovation Policy and Plan 2012–21 aims to increase R&D investment from the current level to 1% of GDP in 2016 and to 2% of GDP by 2021. However, the country continues to perform poorly in protecting intellectual property rights (IPR). The United States and Thailand launched Free Trade Agreement negotiations in 2004 but suspended them in 2006 following the dissolution of the Thai Parliament and the subsequent military-led coup. Currently Thailand has 14 signed and in effect free trade agreements and 8 agreements in the process . Altogether totaling to 22 free trade agreements. For Thailand, higher manufacturing costs have hindered the nation’s ability to compete with its neighbors on price. The minimum wage in Thailand is 300 Baht (US $9), which is determined by the cost of living in a particular area. Although it is a higher cost of production within this country, the ethics and quality are more in line with what we are looking to achieve.
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V I E T N A M
Vietnam is a company that often competes for business in the apparel industry. Unfortunately it has been ranked by the 2016 Environmental Performance Index (EPI), 131 out of 180 countries which is a very low performance ranking. There is a long way to go for Vietnam to move up in the rankings, the need for implementations is high. As of 2015, the new $4.13 million project called Strengthening Capacity and Institutional Reform for Green Growth and Sustainable Development (CIGG) has been launched in Vietnam. In regards to their laws on labor, they have many that we at Reclaim applaud. Important issues such as paid overtime, paid leave, and healthcare are acknowledged. There could be more achievements seen in the apparel sector of technology in Vietnam; The Vietnam Textile & Apparel Association (VITAS) has reported that the rate of locally-made products stands at 55%, due to the weak weaving and dyeing capabilities. It is said that weaving and dyeing projects fail to receive licenses due to their high risk of environmental pollution. A major import partner to the US, the two countries held a multitude of discussions in 2011 under the Trade and Investment Framework Agreement. The TIFA provided a forum to help monitor and implement Vietnam’s WTO commitments, address bilateral trade issues, while also promoting increased trade and investment. The fiber industry has been promoting the competitive advantage of lower input costs, in particular, labor costs and land lease fees in comparison to other countries. The second reason is because of the rapid increasing needs of world market in recent years. Overall we believe that Vietnam is a great alternative country if a backup plan is needed.
SUPPLIER ANALYSIS
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OUR GOALS
Dongguan Quality Knitwear The Dongguan Quality Knitwear factory in China was chosen as a potential supplier based on their strict quality and sustainability practices. As a Fair Labor AssociationÂŽ Participating Supplier, they have high standards for social compliance and labor standards. The factory aims to minimize waste and reduce their environmental footprint while creating the highest quality products. One of their largest consumers is Patagonia, who looks to Dongguan Quality Knitwear to produce their reclaimed wool sweaters. Because they produce a very similar product to ours at Reclaim and uphold our environmental standards, we feel as though Dongguan has the potential to be a great fit for producing our sweaters.
Nan Yang Textile Group
Nobland Vietnam Company The Nobland Vietnam Company Factory in Vietnam was specifically researched and picked due to its craft and variety of techniques that they apply to their knitted apparel based on each customer order. With customers such as Everlane and Levi’s who showcase this factories transparency on their website, we at Reclaim were able to understand how this factory is well versed in different styles and specialty knits. As well as having the craft and skill we are looking for, this factory also uses vertical mills and a internal fabric library showing a multitude of developed resources at their fingertips.
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At the Nan Yang Textile Group caring for the environment is one of their main management principles.They use environmental friendly measures to ensure that the materials used as well as the entire production processes, pose no threat to the immediate environment or to the nearby communities. Along with adhering to global standards, the Nan Yang Textile Group ensures quality and safety to their people. This emphasis on safety and quality results to excellent product quality and services and higher customer satisfaction. The company also integrated businesses from garment manufacturing to knitting dyeing, and finishing, printing and spinning. The use of Eco friendly yarns and fabrics embraces the trend towards a more sustainable fashion with functions. Some of these fibers include organic cotton, bamboo fiber, recycled polyester, and soybean protein fiber.
STRATEGY PUBLICATION The selection of our three country opinions has overall stemmed from the capable factories that they harbor, as well as their pre-established ranking within the apparel making industry. After analyzing the countries chosen, it was easier to navigate to what our final choice would be by following our own sourcing guidelines. The manufacturing of apparel within these three countries is bountiful, along with this multitude comes
RECLAIM 28
skilled work forces, technologies and knowledge of textiles. These qualities are most important to Reclaim because without this knowledge within countries our product would not be to the best standard. Looking at the top suppliers for our product assortment at Reclaim, we then made a decision to best fit our code of conduct. It was important for our company to choose not only a country that fit our standards but as well as the factory within that country who can abide by our code of conduct while maintaining a realistic and profitable price for our order.
STRATEGY CONCLUSION With our knowledge and research on each option we believe that although Thailand does have some of the higher costing practices, it is for good reason and that being they work in an environment we can stand by and support as well as making truly quality pieces with a multitude of technology and craft. The Nan Yang Textile Group is best suited to create pieces for Reclaim because of a multitude of reasons. They focus on the environment as being top of their priorities as when choosing this group was because their use of a multitude of materials that have functional sustainable fashion in mind, which at Reclaim is key to having a successful product.
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well as their employees. The most important factor
PLANNING AND COSTING
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4 LINE PLAN UNIT BREAKDOWN COSTING SHEET TECH PACK COUNTRY RANKING SUPPLIER RANKING
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MONTHLY LINE PLAN
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UNIT BREAKDOWN
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LOOK 1: CARDIGAN ADVISORY SPEC STYLE: RC 1001
DESCRIPTION: SHAWL COLLAR CARDIGAN
GRADE CHART: 1/2"
ADVISORY SPEC
SPEC #: 1001 Style:
RE 1001
SAMPLE SIZE: SMALL
Grade Chart:
1/2"
Spec #:
1001
Sample Size:
Small
Description: Shawl Collar Cardigan Sweater
XS
S
M
L
XL
Comments Hips
19.5"
20"
20.5"
21"
21.5"
19"
19.5"
20"
3"
3.4"
4"
25"
25.5"
26"
36.5"
37"
37.5"
19.5"
20"
20.5"
16.5"
17"
17.5"
Chest 1" below armhole
35.5"
Waist
18.5"
Across shoulder
15.5"
18.5" 2.5" 24.5" 36" 19" 16"
Bottom Sweep
19.5"
20"
20.5"
21"
21.5"
Arm Hole
8.5"
9"
9.5"
10"
10.5"
Neck With
6.5"
7"
7.5"
8"
8.5"
Neck Depth
3.25"
3.75"
4.25"
4.75"
5.25"
Center Back
18"
Cuff height
2"
Sleeve Length
24"
Body length
RECLAIM 34
COLORWAYS ALL DELIVERIES:
SKETCH
2X 54-56
BILL OF MATERIALS STYLE:
RC 1001
SEASON
FALL 2017
PM:
Olivia Brandt Catherine Batres Lilly Brasili ITEM
BODY FABRICS
WASH/FINISH:
1st DELIVERY:
SIZE RANGE: XS-S-M-L-XL
PROJ. QUANTITY: 1400 (700 each colorway) TARGET PRICE: $106
FOLD SIZE:
10" x 12"
PACKING:
1 pc per Polybag
DESCRIPTION/DETAILS
COLOR
SIZE
February 3, 2017
QTY USAGE/PLACEMENT
7-GAUGE 70% RECLAIMED WOOL / 25% NYLON / 5% OTHER WOOLEN YARN
GARMENT BODY
BUTTONS, MISC COLLAR
3" WIDE COLLAR
HEM
SATIN WOVEN LABEL
CARE LABEL
DRY CLEAN ONLY
CONTENT LABEL
7-GAUGE 70% RECLAIMED WOOL / 25% NYLON / 5% OTHER WOOLEN YARN
HANG TAG
RECYCLED PARCHMENT 2" x 3.5"
STYLE: RC 1001
SEASON: FALL 2017
Below Inside Neck Collar
Attached with Yarn and Pinned to Main Label
FABRIC COST
2 yrds @ $30
$ 60.00
COST, MAKE, AND TRIM (CMT)
Thailand
$ 5.00
FINISHING
Thailand
$ 4.00 $ 69.00
AGENT'S COMMISION
(4%)
$ 2.76
DUTY
(30%)
$ 20.70
SHIPPING (in-land)
$1147/# of units $ 0.10
FREIGHT (sea)
$ 0.80
LANDED DUTY PAID
$ 93.36
RETAILER MARKUP RETAIL PRICE
(65%)
$ 265.00 $ 265.00
COSTING
FIRST COST
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MAIN LABEL
LOOK 2: CROP ADVISORY SPEC DESCRIPTION: CROPPED OVERSIZED KNIT
STYLE: RC 1002 GRADE CHART: 1/2" ADVISORY Style:
SPEC #: 1002
RC 1002
SAMPLE SIZE: SMALL
Grade Chart:
1/2"
Spec #:
1002
Sample Size:
SMALL
SPEC Description: Over-sized Knit Crop
XS
S
M
L
XL
Comments
Chest 1" below armhole
35.5"
Waist
18.5"
Across shoulder
15.5"
14.5" 2.5" 24.5" 36" 19" 16"
Bottom Sweep
19.5"
20"
20.5"
21"
21.5"
Arm Hole
8.5"
9"
9.5"
10"
10.5"
Neck With
6.5"
7"
7.5"
8"
8.5"
Neck Depth
3.25"
3.75"
4.25"
4.75"
5.25"
Center Back
14"
Cuff height
2"
Sleeve Length
24"
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15"
15.5"
3"
3.4"
4"
25"
25.5"
26"
36.5"
37"
37.5"
19.5"
20"
20.5"
16.5"
17"
17.5"
COLORWAYS ALL DELIVERIES:
SKETCH
2X 54-56
16"
BILL OF MATERIALS STYLE:
RC 1002
SEASON
FALL 2017
PM:
Olivia Brandt Catherine Batres Lilly Brasili ITEM
BODY FABRICS
WASH/FINISH:
1st DELIVERY:
SIZE RANGE: XS-S-M-L-XL
PROJ. QUANTITY: 1100 (550 each colorway) TARGET PRICE: $60
FOLD SIZE:
10" x 12"
PACKING:
1 pc per Polybag
DESCRIPTION/DETAILS
COLOR
SIZE
February 3, 2017
QTY USAGE/PLACEMENT
7-GAUGE 70% RECLAIMED WOOL / 25% NYLON / 5% OTHER WOOLEN YARN
GARMENT BODY
BUTTONS, MISC COLLAR
2" WIDE COLLAR
HEM
SATIN WOVEN LABEL
CARE LABEL
DRY CLEAN ONLY
CONTENT LABEL
7-GAUGE 70% RECLAIMED WOOL / 25% NYLON / 5% OTHER WOOLEN YARN
HANG TAG
RECYCLED PARCHMENT 2" x 3.5"
STYLE: RC 1002
SEASON: FALL 2017
Below Inside Neck Collar
Attached with Yarn and Pinned to Main Label
FABRIC COST
1yrds @ $30
$ 30.00
COST, MAKE, AND TRIM (CMT)
Thailand
$ 5.00
FINISHING
Thailand
$ 4.00 $ 39.00
AGENT'S COMMISION
(4%)
$ 1.56
DUTY
(30%)
$ 11.70
SHIPPING (in-land)
$1147/# of units $ 0.10
FREIGHT (sea)
$ 0.80
LANDED DUTY PAID
$ 53.16
RETAILER MARKUP RETAIL PRICE
(65%)
$ 150.00 $ 150.00
COSTING
FIRST COST
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MAIN LABEL
LOOK 3: PULLOVER ADVISORY SPEC DESCRIPTION: PULLOVER
STYLE: RC 1003 GRADE CHART: 1/2" ADVISORY SPEC #: 1003 Style:
RC 1003
SAMPLE SIZE: SMALL
Grade Chart:
1/2"
Spec #:
1003
Sample Size:
SMALL
SPEC Over-sizedDescription: Knit Pullover
S Comments Hips
M
L
XL
XXL
Code 19.5"
20"
20.5"
21"
21.5"
20"
20.5"
21"
3"
3.4"
4"
25"
25.5"
26"
36.5"
37"
37.5"
19.5"
20"
20.5"
16.5"
17"
17.5"
Chest 1" below armhole
35.5"
Waist
18.5"
Across shoulder
15.5"
19.5" 2.5" 24.5" 36" 19" 16"
Bottom Sweep
19.5"
20"
20.5"
21"
21.5"
Arm Hole
8.5"
9"
9.5"
10"
10.5"
Neck With
6.5"
7"
7.5"
8"
8.5"
Neck Depth
3.25"
3.75"
4.25"
4.75"
5.25"
Center Back
19"
Cuff height
2"
Sleeve Length
24"
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COLORWAYS ALL DELIVERIES:
SKETCH
2X 54-56
BILL OF MATERIALS STYLE:
RC 1003
SEASON
FALL 2017
PM:
Olivia Brandt Catherine Batres Lilly Brasili ITEM
BODY FABRICS
WASH/FINISH:
1st DELIVERY:
SIZE RANGE: XS-S-M-L-XL
PROJ. QUANTITY: 1640 (546 each colorway) TARGET PRICE: $80
FOLD SIZE:
10" x 12"
PACKING:
1 pc per Polybag
DESCRIPTION/DETAILS
COLOR
SIZE
February 3, 2017
QTY USAGE/PLACEMENT
7-GAUGE 70% RECLAIMED WOOL / 25% NYLON / 5% OTHER WOOLEN YARN
GARMENT BODY
MAIN LABEL
SATIN WOVEN LABEL
Below Inside Neck Collar
CARE LABEL
DRY CLEAN ONLY
CONTENT LABEL
7-GAUGE 70% RECLAIMED WOOL / 25% NYLON / 5% OTHER WOOLEN YARN
HANG TAG
RECYCLED PARCHMENT 2" x 3.5"
BUTTONS, MISC COLLAR HEM
SEASON: FALL 2017
FABRIC COST
1.5 yrds @ $30 $ 45.00
COST, MAKE, AND TRIM (CMT)
Thailand
$ 5.00
FINISHING
Thailand
$ 4.00 $ 54.00
AGENT'S COMMISION
(4%)
$ 2.16
DUTY
(30%)
$ 16.20
SHIPPING (in-land)
$1147/# of units $ 0.10
FREIGHT (sea)
$ 0.80
LANDED DUTY PAID
$ 73.26
RETAILER MARKUP RETAIL PRICE
(65%)
$ 200.00 $ 200.00
COSTING
FIRST COST
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STYLE: RC 1003
Attached with Yarn and Pinned to Main Label
Vietnam
Thailand
Business Climate
7 6 5
Costs
10 7 3
Government
5 4 3
Location
9 7 10
Risks
4 3 5
Social Stability
4 2 5
Sourcing Guidelines
6 3 9
Textile Industry
10 8 7
Trade Agreements
0 3 0
Trained Work Force
9 8 9
Socio-Eco-Political
5 5 5
Total
69 56 61
Average
6.3
5.1
5.5
COUNTRY RANKINGS
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China
Vietnam
Thailand
Abilities
10 8 10
Capacity
10 8 10
Lead Time
8 8 8
Quality
10 9 10
Customers
10 10 10
Sourcing Guidelines
7 5 9
Services Offered
10 7 9
Strategic Outlook
10 8 10
Total
75 63 76
Average
9.4
7.9
9.5
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SUPPLIER RANKINGS
China
REFERENCES BUSINESS OF FASHION https://www.businessoffashion.com BUSINESS SOURCE PREMIER *accessed through SCAD Library COMMISSION OF CHINA https://www.cecc.gov/resources/legal-provisions/ COUNTRY REPORT www.PRSgroup.com EUROMONITOR http://www.euromonitor.com/ NAN YANG TEXTILE GROUP http://www.nanyangtextile.com/ PANJIVA *accessed through SCAD Library PANWA BUSINESS SERVICES http://www.panwagroup.net/business/index2.html
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VIETNAM LEGAL http://vietnamlegal.com.vn/Labor-and-employment-law-of-vietnam/ WGSN https://www.wgsn.com/ YARNS AND FIBERS http://www.yarnsandfibers.com/
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RECLAIM 44
RECLAIM CREATED BY: CATHERINE BATRES OLIVIA BRANDT LILLY BRASILI
FASM 420- PROFESSOR DONALD LEVY - FALL 2016