The Immoderate Man

Page 1

THE IMMODERATE MAN


CONTENT 04 INTRODUCTION

Introducing our company profile as The Immoderate Man and analyzing who we are as a company and what we stand for. Distinguishing our target market and core customer. Also, discussing our products along with price ranges and illustration flats for each product.

06 COUNTRY AND SUPPLIER ANALYSIS

Specifying how our country selections were evaluated and under what circumstances. From there we narrowed down to three countries and we highlight the pros and cons of each, while backing up our research with a country ranking chart in the appendix. Suppliers were narrowed down to three total, equaling one per country. Also being supported by a supplier ranking chart in the appendix.


08 SUPPLIERS

A more in depth description of why we chose our suppliers and the pros and cons of each. Analyzing their capacity rates, customers they already manufacture for, and sustainability.

10 FINAL STRATEGY

Showing how our countries were selected based on distance, labor costs and textile industry. Also showing how these suppliers and countries meet our sourcing guidelines and quality, lead-time and price requirements.

13 CONCLUSION

Summarizing the benefits of our overall strategy and why it makes sense. Discussing how it aligns with our values, sourcing guidelines, maximizine margins and quality, minimizing inventories and lead-times, while also offering flexibility, value added service and room to grow in the future.


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INTROD UCTION


St. Vincent Weekender Brown Vegan Leather Price: $1,200.00

The George Briefcase Brown Vegan Leather Price: $940.00

Our Immoderate Man customer is between the ages of 35-60. He has a high education level; masters degree or higher and earns about $120,000 or above. He has a high position at work and enjoys wearing luxury brand names. Our customer is thoroughly informed on the environment and tries to conserve energy as much as possible. He values sustainable qualities in his business practices and in life. Our products are made by our skilled workers in Spain, Portugal and Italy. Their hand crafted techniques evoke a classic everyday bag that our men can use for all purposes. Each bag is made of genuine vegan leather sourced in the U.S. and made to last a lifetime. The Fredrick Backpack Brown Vegan Leather Price: $1,100.00

The William Messenger Brown Vegan Leather Price: $980.00

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The Immoderate Man aims to provide men with high quality luxury bags and accessories through sustainable production. Our Immoderate Man customer lives his life by representing his values and beliefs. He is concerned about the future of the environment and conserving energy. Our customer values quality goods and spends his money on items that are durable and classic. Our products are crafted in skilled leather manufacturers in Spain, Portugal and Italy. We value trained workers and sustainable factories in order to produce our products.The duffle bag, briefcase, backpack and messenger bag are items produced year round and sold in our stores. Our products range from $940$1,200. The quality of our products reflect our prices. We chose to produce in Spain, Portugal and Italy because of their skilled leather craftsmanship and ensure that our manufacturers use sustainable practices that follow our vision and values.


COUNTRY SUPPLIER ANALYSIS For the Immoderate Man we knew that our country would have to have skilled leather workers and at least some sustainability standards. The reason being our company’s values center around a sustainable brand and environmental awareness for the manufacturing of our vegan leather men’s accessories. We first discussed all of the countries that we interviewed that stood out as having skilled leather workers, we then discussed which economy we were most comfortable entering given their current situations. This helped us narrow it down to our initial four countries, Hong Kong, the United Kingdom, Spain, and Italy. After discussing the reality of doing business in these countries we considered things such as minimum wage and the stability of the economy. The United Kingdom had a very high minimum wage and even though we are a luxury brand this dissuaded us from wanted to manufacture in the United Kingdom. We quickly realized that Hong Kong would not be able to meet our standards in sustainability and quality, we replaced that choice with Portugal. Leaving us with our final three countries Portugal, Spain, and Italy.

During the ranking of Portugal what really stood out was how well they recovered from the depreciation of the Euro in 2008 when a majority of Eurozone countries are still struggling to stabilize their economies. Portugal also has a very low inflation rate of 0.3%, low child labor rate at 3%, and a surprisingly high literacy rate of 95.4% in people over 15 years of age. These are all major bonuses to our company. Along with the country’s top industries which are textiles, apparel and footwear, and wood and cork, these benefit our company tremendously. Their unemployment rate is at a record low 13.6% which seems high but in Portugal’s history it is the lowest they have seen. The country’s parliamentary democracy government isn’t experiencing a lot of corruption and is dedicated to helping the economy recover without exercising a heavy hand with businesses. The low inflation rate relates directly to the ease of starting a business in Portugal or doing business with them, along with the easy availability of credit. Another benefit of working in Portugal is the lack of natural disasters that would effect lead time, river flooding is the only potential issue however dam systems reduce the number of actual floods. The transportation time from

one of their major ports to Los Angeles is 37 days, which is not the shortest transportation time out of our three countries but still a beneficial factor when considering our country choices. When considering trade agreements, we noted that Portugal has four currently with one in the works (TTIP), however the only one that is directly related to the United States is WTO and TTIP when it is completed. That being said we still want to do business in this country, the benefits of skilled labor at a reasonable price in a stable economy outweighs the lack of current trade agreements with the US.


I

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taly we were a little more hesitant in choosing due to it’s struggling economy due to the 2008 Euro crisis. They still have a large labor force of 25.52 million and an extremely high literacy rate at 99% and out of our three countries the labor cost per minute is the highest $0.33. Their skilled workforce and luxury market were what drew our company in. Their record low inflation rate at 0.1% also benefits us because it brings down the cost of utilities and transport due to falling fuel and petrol prices. The economy is heavily influenced by the country’s parliamentary, democratic republic, and multiparty government, which is unstable due to the drastic economic differences in the North and South. Due to the economic instability and slow court systems many major investment projects have been attacked which presents a risk for doing business in this country. Their geographical location however is prime for air and sea exporting, located in the central Mediterranean. Exporting from their three international sea ports to Los Angeles takes 41-45 days, which is longer than Portugal but still not extremely long. The benefits of doing business in this country such as increasing production, the important role it plays in the textile and apparel industry, tourism wealth, and the high profitability of niche products, along with skilled leather workers encouraged us to pick this country as one of our sourcing choices. Italy is a part of four trade agreements, all of which directly benefit its trade with the United States making it a great choice for trade with our company. Spain was also affected by the 2008 financial crisis but in 2014 they managed to bring their GDP growth rate out of the negatives into a positive 1.3% growth rate. Through government implemented labor, pension, health, tax, and education reform the country’s economy is becoming more stable and shows promise. The inflation rate is extremely low at -0.1% and they have a rather large labor force of 22.93 million. Improving relationships with foreign investors is a big part of Spain’s plan to improve and stabilize their economy further, which means it is a good time for us to enter their market. Spain has a conservation policy in place to help preserve their forests and natural resources, this regulates agriculture as well as tourism activity that impacts their environment. This was huge for our company given our standards for sustainability. One of Spain’s main industries is the textiles and apparel industry, which has seen growth since the financial crisis. Manufacturers in Spain are working to build customer loyalty by showing willingness to provide the products they desperately need to manufacture, which will increase the growth in the textile and apparel industry in Spain. Spain is a part of WTO but does not have any specific trade agreements, due to their fledgling status in the new world. Due to the importance of sustainability to our brand we looked to the Environmental Performance Index to see where our country choices ranked. This ranking looks at health impacts, air quality, water and sanitation, water resources, agriculture, forests, fisheries, biodiversity and habitat, and climate and energy. Italy ranks 22 out of 178 which is pretty impressive, but is beat by Portugal which ranks 17, and Spain blows them all out of the water coming in at 7 (Environmental Performance Index).


SUPPLIERS

Manufacturer choices in Portugal proved to be a trying task due to the lack of transparency or list of customers. We first looked at Decorpele which appears to be a great find because they manufacture many varieties of leather goods including bags. However, we were unable to find a list of customers listed on their site. From digging in their site we see they have fifteen years of experience and are used to fulfilling large orders, which is good for lead times. They talk about how they handle the textiles briefly however there are no sourcing guidelines on their site. The lack of sourcing guidelines makes us question whether we should do business with this supplier. Next, we looked at Glamour Country, they are actually composed of a number of manufacturers across Portugal this means they would be better suited to fill our large orders than Decorpele. Another positive is they briefly discuss sourcing guidelines on their site. They source with local sepecialists and trade experts. They are also wiling to work with outsourcing buying offices and are willing to be in contact with you 24 hours a day year round. They produce shoes, leather goods, and clothing. On their site they list seven different types of leather they have experience working with. Their knowledge in working with different types of leather makes them an asset because we would be requesting them to work with vegan leather. Finally, Verdasi, which specifically manufactures leather handbags. They have been in business since 1991, which means they have plenty of experience to back their boasts of quality, innovation and modernism. They show a variety of products on their site, which shows variety in their skill set via different bag types and shapes. That skill is essential because our company is going to be manufacturing many different types of bags in varying shapes and sizes.


Italy proved much more transparent in their customer base and website details. Initially we researched Pierotucci a leather factory in Florence that began in 1972. They do everything from leather bags to gloves and belts and small leather goods; their abilities are vast. They have produced for big names such as Hugo Boss and Valentino. Since opening they have grown and continue to strive to grow and expand their business. They do everything from leather cutting to assembly. Pierotucci provides free shipping on orders over a certain dollar amount and also covers the duty to import into the US. The next manufacturer we looked at in Italy was Niccoli Bags founded in 1972. Since 2005 they have been providing the North American marketplace with their goods. This company has manufactured for brands such as Zac Posen, Diane von Fustemberg and the Worth Collection. They collaborate with many groups and nationalities to provide reliable service. They have experience working with many materials including synthetic materials and many types of leather. They focus on men and women’s bags but also manufacture wallets, beauty cases, and suitcases. They have also worked with some major Italian designers such as Armani and Prada. This manufacturer also shows the ability, in their references section, to be able to create many different silhouettes and styles. Finally, we researched I Medici who specializes in leather bags of varying types. They use vegetable tanning for all of their products. They call themselves an eco friendly company, which immediately attracts our brand as a potential customer. Unfortunately they do not provide a list of customers that would set the tone for the quality provided from them. Spain as a country seems most concerned about their natural resources and therefore leads one to believe they’re manufacturers are equally concerned. The first manufacturer is Stefano Palla’s, they manufacture bags, wallets, document holders and various leather goods. They are continuously looking to improve and expand to ensure they are producing the most luxurious leather accessories. We found this company through Everlane’s factory list on their website which means we know that they have a quality concerned customer that is also very picky about their sourcing guidelines. This makes this manufacturer a good fit for our company. The next manufacturer we researched was Betangible, they are capable of fulfilling large quantities and encourage fluent and effective communication between parties. They do not provide a list of customers however through looking at

their blog you can see they have collaborated with Sorcha O’Raghallaigh, and Pileus. They even do 3D printing, this shows they are willing to grow and expand and be more innovative. The last manufacturer we looked into for Spain was Bohah they have worked with big names such as Dior, Blanegiaga, Mulberry, and Chloe. Their site does not give a lot of information on their company and much information was found through a third party site. They specialize in manufacturing leather handbags in varying shapes and silhouettes.


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FINAL STRATEGY

Portugal – Glamour Country We decided to manufacture with Glamour Country because we believe that they will be able to fulfill our quality and quantity needs. Being composed of multiple manufacturers is beneficial and allows for our company to grow and still be able to manufacture with this company. We also appreciated that they briefly discuss their sourcing guidelines on their site. Italy – Pierotucci We chose Pierotucci because they have extensive business experience and we appreciate the big names that they have manufactured for. Also being a family owned company we believe they will be more willing and able to meet our sourcing guidelines and values. Their list of customers leads us to believe they will be able to handle our quantity of goods and also that they have high quality standards. Spain – Stefano Palla’s We chose Stefano Palla’s because they manufacture for Everlane and they are a company that we look towards in terms of quality and ethical practices. If Everlane has faith in this manufacturer we are positive they are a good choice for our brand.


COUNTRIES

UNITS & COSTS

We have figured out our cost sheets (See appendix) and given our estimated costs and shipping and duty we will meet our margins. We are a luxury handbag company, which means that due to our high quality standards we can charge more per piece leading to bigger profit margins.

SUPPLIERS

As previously discussed we made sure that our manufacturers would be able to handle our quantities and meet our standards in quality. We would address the sourcing guidelines with each individual company when we began initial discussions to be sure that they would be willing and able to accommodate our needs and standards. We really appreciate that in Spain they are so concerned about conserving their natural forests and resources, which leads us to believe their manufacturers will be just as concerned with their guidelines. Each of our manufacturers has experience creating leather handbags and working with different materials and silhouettes.

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We have selected the countries that best suit our company based on their abilities, their distance from our business, labor costs, and their experience in the textile industry. In Portugal textiles and apparel and footwear are two of their top industries and is one of the most important industries to the Portuguese economy. Apparel and textiles takes up about 9% of total exports and in manufacturing accounts for 20% of manufacturing employment and 8% of the manufacturing industries production. Portugal has about 6,353 textile companies and is one of the largest textile exporters in Europe making them a viable choice for our company. As previously discussed it only takes 37 days to get from Libson port in Portugal to Los Angeles, which is also beneficial for our company. Labor costs in Portugal were the lowest out of all our countries at $0.25 a minute. Italy is known for their luxury market worldwide. Italy’s textile and clothing sector accounts for 10% of the total added value of Italian manufacturing and 14.2% of jobs. They have the knowledge and ability to provide what our company is looking for. The labor cost in Italy is the highest out of our three countries at $0.33 but we believe that it is worth it to have their expertise behind our brand. Transit times are not terribly long from Italy either ranging between 41-45 days depending on the port. Spain has come back in the textile industry after the fall of the Euro in 2008 and has seen positive growth and their populations purchasing power increased from $1.514 trillion in 2013 to $1.534 trillion in 2014. Their steady increase in growth in the industry means this is a great market for our company

to enter because it will continue to get better. Labor costs in Spain were in the middle at $0.28 which is only three cents higher than Portugal. All of our countries labor costs still allow us to make our margins. The transit time from Valencia, Spain to Los Angeles is only 31 days which is our shortest transit time.

PRELIM PLACEMENT & MARGIN CALCULATION

Total Units

1,000,000

Wholesale Cost per Unit Margin % Total Wholesale

Total Purchase Total Margins Avg Wholesale Avg Purchase

Avg Margins

Avg Margins %

Spain

Stefano Pallas

Messenger

Backpack

Briefcase

200,000

Duffle Bag

Italy

Supplier

Messenger

Backpack

100,000 50,000

Briefcase

Duffle Bag

Portugal

Supplier

Messenger

Backpack

Briefcase

Duffle Bag

150,000 200,000 300,000

$ 940.00 $ 980.00 $ 1,000.00 $ 1,200.00 $ 980.00 $ 1,000.00 $ 17.66 $ 17.14 $ 17.40 $ 20.85 $ 18.32 $ 18.48 $ 18.45 $ 22.66 $ 17.00 $ 16.75 $ 17.12 $ 20.15 $ 922.60 $ 961.68 $ 981.52 $ 1,177.34 $ 963.00 $ 983.25 101.89% 101.90% 101.88% 101.92% 101.77% 101.70% $ 1,012,000,000 $ 18,060,000 $ 993,940,000

$ 1,012.00 $ 18.06 $ 993.94

98.22%

Avg Cost/Unit $ 993.94

$188,000,000.00 $ 3,480,000.00 $ 184,520,000.00

$ 98,000,000.00 $ 50,000,000.00 $ 1,832,000.00 $ 924,000.00 $ 96,168,000.00 $ 49,076,000.00

$ 180,000,000.00 $ 196,000,000.00 $ 300,000,000.00 $ 3,399,000.00 $ 3,400,000.00 $ 5,025,000.00 $ 176,601,000.00 $ 192,600,000.00 $ 294,975,000.00



CONCLUSION

T

with meeting our values and that is Spain. We have discussed how Spain values their natural resources and forests and that makes them a great choice for us. Our other two countries also align with our values and we firmly believe they will all meet our standards in quality. We chose manufacturers that offered us added services or added knowledge whether that means knowing how to make other products or working with other textiles. All of our manufacturers also appear to promote growth and work with big brands that have grown, solidifying our belief that our manufacturers will be able to handle our future growth. We strongly believe that our final strategy maximizes benefits due to picking economies that are either stable or on their way to becoming stable and that have little political unrest. We would proudly tell our consumer where we source and would gladly make that public knowledge as a way to promote ourselves as a transparent company that values their employees, even down to the production of our goods.

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o summarize the benefits of our strategy the Immoderate Man is a luxury men’s accessory brand that decided to source in Italy, Portugal, and Spain due to their labor costs, transit times, and their position in the apparel and textile industry. Each of these countries has a strong stance in the apparel and textile industry and in most of our countries apparel and textiles are one of their top exports or their top manufacturing industry. Labor costs were relatively low considering one of our first country choices was the United Kingdom. We chose countries that had reasonable labor costs per minute that would still allow us to make large profit margins. None of our transit times are over 45 days and that is a very short delivery time and while our countries do observe holiday’s they do not observe many more than the United States. Our choices make sense because we want to source in countries that we know are going to be able to support our business and each of our country choices are on the upside of economic troubles. One country stands out in particular


APPENDIX


COUNTRY RANKING

Scale of 1 to 10 with 1 being the worst and 10 the best Portugal

Business Climate

7

Costs

Government

Location

10

9

Parliament Democracy, they have a proactive stance and strong commitment to bring Portugal out of the current debt crisis. Implementing structural reforms

Four major sea ports, no major natural disasters aside from river flooding. Export lead time of 16 Days.

5

Still struggling from debt crisis, high uneployment. Small manufacturing industry and high public and private debt.

7

High unemployment rate but the population does not have any issues with current government situation. Occassionally subject to organized international crime.

Sourcing Guidelines

Textile Industry Trade Agreements

Trained Work-­‐force

Socio-­‐eco-­‐political

10

One of the most important industries in country. 9% of the total exports. One of the largest textile exporters in Europe.

10

5 Trade agreements, with another in the works (TTIP)

9

Textiles is their most important industry therefore they put a lot of focus in that industry and workers.

9

high literacy rate and unemployment is at their lowerst but still high. Government offering incentives to higher the unemployed.

Spain

Explanation

6

Struggling to stabilize their economy. The US does not rank in their top 7 trade partners.

9

Minimum wage is only $5.79 which means labor costs would be low and with the economy sturggling to recover labor costs for skilled labor would still be low.

7

8

The are struggling to maintain a stable government. The government is strongly involved in the economy, trying to stablize it.

A lot of waterways and ocean access. Lead time would not be very long as they are relatively close to the US.

7

Financial issues and heavy debt, plus they are still recovering from the recession. Weak banks and high unemployment.

7

high unemployment and an unhappy population due to government and recession.

10

From knowledge about their strict restrictions concerning their natural resources and landscape.

5 2

8

5

The 2008 deficit of the Euro caused the apparel industry to struggle and they are still tyring to recover from that. But they have experienced positive growth in recent years.

NATO

Large amount of suppliers that specalize in apparel with some in footwear and accessories.

Rising debt and a large portion of the population lives below the poverty line.

Italy

Explanation

5

Due to their stuggling economy their business climate is not favorable. However the government is set to invest 36 million euros in the fashion system in country which would improve the business climate over time.

6

Italy's minimum wage just rose to $9.68 which means the cost of labor is higher than our other countries even though the economy is struggling.

5

The government has a high rate of corruption and slow court system as well as high involvement in the economy. This results in an overall high cost of doing business in country.

8

Well connected via roadways and railways along with many airports and sea ports. But there are some enviornmental hazzards such as volcanos that could drasticaly effect lead times

7

The struggling economy and high government corruption makes Italy a less than ideal place to start a business. High public debt and tax evasion along with a drop in productivity.

5

The countries youth is leaving due to unemployement and lack of future employment opportunities.

8

They are still known for their designer textiles and fashion brands. However their casual and low level fashion brands are what is keeping the textile industry in country afloat.

10

Four trade agreements, three of which relate directly to the United States and Italy

9

The textile industry is still a large part of the Italian market however the younger generation is leaving meaning the workforce is diminshing.

7

High debt, high unemployement, and capitialist economy with a lot of government involvement. But fashion is still a large market in Italy.

Total

85

74

70

Average

7.7

6.7

6.4

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Social Stability

Easier to get credit than ever before and has risen out of the European Debt crisis. Has a low inflation rate

Minimum wage is $3.68 per hour which means the cost to produce here is the lowest of all our possible countries.

9

Risks

Explanation


SUPPLIER RANKING

Scale of 1 to 10 with 1 being the worst and 10 the best

Italy

Portugal

Pierotucci

Abilities Capacity Lead-­‐time Quality Customers Sourcing Guidelines

Services Offered Strategic Outlook

Total Average Criteria definition for ranking o Abilities o Lead-­‐time o Quality o Customers o Sourcing Guidelines o Capacity o Strategic/Forward Thinking o Value Added Services

Niccoli Bags

I Medici

10 8 9 10 10 6 10 10

10 8 8 10 10 6 10 10

5 7 7 10 4 10 8 8

73

72

59

204 Divided by 3 = 68

Glamour Country Verdasi

Niccoli Bags http://www.niccolibags.it/en/company-­‐history.html Customers: Zac Posen

10 7 9 10 4 7 10 7

7 8 7 8 3 5 10 7

62

64

55

181 Divided by 3 = 60

I Medici Leather http://imedicileather.com/index.php Customers:

Pratesi

PORTUGAL Decorpele http://www.decorpele.com/?id=catalogos Customers:

N/A

Cole-­‐Haan

Diane von Furstenberg

The Worth Collection

Glamour Country http://www.sergiomatos.pt/index.php/template/production-­‐in-­‐portugal Customers: N/A Verdasi http://verdasi.com/about/ Customers: SPAIN Stefano Pallas http://www.stefanopallas.com Customers:

N/A

Everlane

Betangible www.utelier.com/profiles/betangible Customers: Bohah http://www.bohah.com Customers:

Dior

Mulberry

Balenciaga

Chloe

Stefano Pallas Betangible

5 10 9 9 3 9 8 9

How many types of products a supplier can manufacture Amount of time it takes to produce product from P.O. issuance to delivery Excellent, good, average, poor (can evaluate by certifications and customers) Who are they? Published? (can tell by customers) How much can the manufacturer produce on a weekly/monthly basis? Are they looking to grow, develop…? Do they provide pattern making, design, inventory management, freight…?

ITALY Pierotucci http://www.pierotucci.com/en/leather-­‐factory/47-­‐0-­‐Our-­‐Story.html Customers: Hugo Boss Valentino

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Spain

Decorpele

Carolina Herrera

Bohah

9 8 8 10 10 6 10 10

9 9 9 10 10 7 10 8

10 10 9 10 10 8 10 9

71

72

76

219 Divided by 3 = 73


The Immoderate Man

COST SHEET Country (Portugal)

Date: May 18, 2015

Style # FW04 Style Name: The William Messenger Size: 16.25x4x13.5in Description: Vegan Leather Messenger Bag FABRICS

Mill Girl Charlee Checker Distributors

Fabric 1 Fabric 2

Season: Fall/Winter 2016

Style # SK-1247 SLG107

$/yard*

Description Cognac Brown Vegan Leather Fabric Sew Lazy Stiff Firm Interfacing 20inx10yd

$2.38 $1.33

Yards

2 0.75

Total

TOTAL FABRIC COST

$5.75

The Immoderate Man

COST SHEET Country (Italy) Vendor

Components

Style # Zippers Professor GC F2414-56B Style # FW04 Professor GC Thread Woven label The Quality Woven Labels 1.5" Style Name: William Messenger

Date: May 18, 2015 Quantity**

$/unit

Fabric 1 Fabric 2

Girl Charlee Checker Distributors

PACKAGING TOTAL FABRIC

Hangtags Polybags Components Dust Bag

COST

Vendor Greener Printer EcoEnclose Stateline Bag

Vendor Zippers Professor GC TOTAL PACKAGING COSTS Thread Professor GC Woven label Quality Woven Labels PACKING

The Immoderate Man

Vendor COST SHEET Cartons Strap Tape Professor Adjusters Strap Works GC Country (Spain) Labels Professor GC Metal

Style # SK-1247 SLG107

Description Cognac Brown Vegan Leather Fabric Sew Lazy Stiff Firm Interfacing 20inx10yd

Style # $/unit Round 100RPM24-125-CUST 10X16PremDD

Professor GCSupplies AM Professor Shipping GC Professor GC Quality Woven Professor GC Labels

GRAND TOTAL

$0.23

Quantity**

0.02/inch $0.01

1.5"

$/yard* Yards Total $3.99 $2.38 2 $4.76 $1.33 0.75 $0.99

$0.23

1 4 yards 1

$0.10

Style # 15x15x10

$/unit

Quantity $0.27

MS-R

$0.01 $1.00 Date: May $0.06

$0.94 Season:

1 1 1

Total

$5.75 $0.47 $0.23 $0.23

Total $0.97 $0.93 $0.04 $0.10

Total

1 1 18,1 2015 $1.00 1

2 $1.88 Fall/Winter 2016

0.34

Wage Per Minute Minutes to Make Total 1% 1% 1% Description Style $/yard* Total Style # # $/unit QuantityYards Total 10% Cognac Brown Vegan Leather Fabric $2.38 SK-1247 2 $4.76 $0.47 1 $0.47 Round 100% 0.25 15

SLG107 Sew Lazy Stiff Firm Interfacing 20inx10yd $1.33 100RPM24-125-CUST $0.23 10X16PremDD $0.23

0.75 $0.23 $0.23

Quantity** 0.02/inch $0.01 $0.27

$0.01 $0.10 $0.06

1.5"

1

17.00

0.33

Quantity

$0.47 $0.23 $0.23

1 1 1

15 Total

9600

4,842

Quantity

$0.06

0.34

$1.00

$3.99

$0.01

OTHER Freight World Frieght Calculator SUB SUB TOTAL Duty 4202.11.0030 TOTAL DUTY Broker

Professor GC

GRAND TOTAL

$0.48 $15.73

8% Total $1.26 $0.97 Total $16.99 $0.04 0.27 $0.01 $0.01 $0.10 $0.06

2 $1.88 Minutes to Make Total

$0.94

$0.63

GRAND TOTAL

1 Quantity 4 yards 1 1 1 1

$1.00

$/unit

Total

9600

4583

PORTUGAL

$5.75

$0.93

15x15x10

Style # S-4449

1 1

0.037 0.037 0.037 $0.38 $3.75 $0.99 $4.24 $15.25

1 1 1

$0.47 $0.23 $0.23 $0.93

0.037 0.037 0.037 $0.38 $4.95 $5.44 $16.45

Total

ITALY

$0.50 $16.95 8%

$1.36 Total$18.31 $0.01 $0.63 $0.01 $0.06

$18.32

$0.70

TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing TOTAL LABOR SUBTOTAL

0.27 $0.01 $0.06

$3.99

Strap TOTAL PACKING COSTS Adjusters Strap Works MS-R Metal Loop Strap Works ML LABOR Percentages Wage Per Minute Patternmaking 1% TOTAL COMPONENT COSTS Grading 1% Marking 1% Cutting 10% PACKAGING Sewing 100% Vendor Style # $/unit TOTAL LABOR Hangtags Greener Printer Round SUBTOTAL Polybags EcoEnclose 100RPM24-125-CUST Dust Bag Stateline Bag 10X16PremDD OTHER Freight PACKAGING World Frieght Calculator TOTAL COSTS SUB SUB TOTAL Duty 4202.11.0030

TOTAL DUTY PACKING Vendor Broker Professor GC Cartons Uline Tape Professor GC Labels Professor GC

$1.00 $1.88

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Thread Woven Tape label Labels

$0.10

1 2

Quantity

Style # $/unit F2414-56B

Freight World Frieght Calculator Components SUB SUB TOTAL Duty 4202.11.0030 Style # $/unit PACKING Vendor TOTAL DUTYProfessor Zippers F2414-56B Vendor GC Style # $/unit

Cartons Broker

1

$1.00

$0.47

Loop # FW04 Strap Works ML Style Style Name: The William Messenger TOTAL COMPONENT COSTS Size: 16.25x4x13.5in Description: Vegan Leather Messenger Bag LABOR Percentages

TOTAL FABRIC COST TOTAL PACKAGING COSTS OTHER

$0.10

Fall/Winter 4 yards 2016 $0.04

$0.94

TOTAL PACKING COSTS

Patternmaking FABRICS Grading PACKAGING Marking Mill Vendor Cutting Fabric 1 Girl Charlee Hangtags Greener Printer Sewing Fabric 2 Checker Distributors Polybags EcoEnclose TOTAL LABOR Dust Bag Stateline Bag SUBTOTAL

Total $0.97

Season: $0.01

Size: 16.25x4x13.5in FABRICS

1

0.02/inch

Strap AdjustersVegan Strap Works MS-R Bag Description: Leather Messenger Metal Loop Strap Works ML

Mill TOTAL COMPONENT COSTS

$4.76 $0.99

Percentages 1% 1% 1% 10% 100%

Minutes to Make

Wage Per Minute

0.28

15

2,683

9600

Total

0.037 0.037 0.037 $0.38 $4.20 $4.69 $16.06

Total

$0.28 $16.34 8%

$1.31 $17.65 $0.01

$17.66

SPAIN


The Immoderate Man

COST SHEET Country (Portugal)

Date: May 18, 2015

Style # FW03 Style Name: The George Briefcase Size: 16.25x4x13.5in Description: Vegan Leather Briefcase FABRICS

Mill Girl Charlee

Fabric 1

Season: Fall/Winter 2016

Style # SK-1247

$/yard*

Description

$2.38

Cognac Brown Vegan Leather Fabric

Yards

2

Total

$4.76

TOTAL FABRIC COST

$4.76

The Immoderate Man Style #

Components

Vendor COST SHEET Thread Professor GC Woven label (Italy) Quality Woven Labels Country Metal Buckle Strap Works Metal Loops Strap Works

$/unit

Hangtags Fabric 1 Polybags Dust Bag

Vendor Mill Greener Printer Girl Charlee EcoEnclose Stateline Bag

Total $0.02

1 2

$2.74 $1.88

$0.102015 Date: 1May 18,

$0.10 $2.74 $0.94

Style # FW03 Style Name: The George Briefcase TOTAL COMPONENT COSTS Size: 16.25x4x13.5in Description: Vegan Leather Briefcase PACKAGING FABRICS

2 yards

Quantity** $0.01

1.5" 1" ML

Season: Fall/Winter 2016 $4.74

Style # Style # $/unit Quantity$/yard*Total Yards Description Round SK-1247 $0.47 1 $0.47 Cognac Brown Vegan Leather Fabric $2.38 100RPM24-125-CUST $0.23 1 $0.23 10X16PremDD $0.23 1 $0.23

TOTAL PACKAGING COSTS TOTAL FABRIC COST PACKING

Components Vendor

Cartons Tape Thread Labels

Woven

Uline Vendor Professor GC Professor GC Professor GC

2

Total

$4.76

$0.93

Style # S-4449 Style

$/unit

#

Quantity

$/unit

$0.01 $0.06

TOTAL COSTSWoven label PACKING Quality

Labels 1.5" Metal The Immoderate Man Buckle Strap Works 1" LABOR Percentages Metal Patternmaking COST SHEET Grading Loop Strap Works ML

Country (Spain) Marking Cutting TOTAL COMPONENT COSTS Sewing Style # FW03 TOTAL LABOR Style Name: The George Briefcase SUBTOTAL

1 Quantity**

$0.63

2

$0.01

$2.74 to Make Minutes

Wage Per Minute

Total

Total $0.63 $0.01 $0.02$0.06

1 yards 1

$0.10

1% 1% 1% 10% 100%

$4.76

1

$0.10

1

$2.74 Total

0.70

0.037

2 $1.880.037 Date: May 18, 2015 0.037

$0.94

$0.38

$4.74$3.75 Season: 15 Fall/Winter 2016

0.25

$4.24 $15.37

Size: 16.25x4x13.5in PACKAGING OTHER Total Description: Vegan Leather Briefcase Vendor Style # $/unit Quantity Total Freight World Frieght Calculator 4583 9600 $0.48 SUB SUB TOTAL $0.47 1 $0.47$15.84 Hangtags Greener Printer Round FABRICS Duty 4202.11.0030 8% Polybags EcoEnclose 100RPM24-125-CUST $0.23 1 $0.23 Mill Style # Description $/yard* Yards Total TOTAL DUTY $1.27 Dust Bag Stateline Bag 10X16PremDD 1 $0.23$17.11 Fabric 1 Girl Charlee SK-1247 Cognac Brown Vegan Leather$0.23 Fabric $2.38 2 $4.76

-18-

Broker

Professor GC

$0.01

PACKAGING TOTAL FABRIC COSTCOSTS

$0.93

GRAND TOTAL PACKING Components

Style ## Style S-4449

LABOR TOTAL COMPONENT COSTS Patternmaking Grading Marking PACKAGING Cutting Vendor Sewing Hangtags Greener Printer TOTAL LABOR Polybags SUBTOTALEcoEnclose Dust Bag Stateline Bag

Percentages Wage Per Minute 1% 1% 1% 10% Style # $/unit 100% Round 100RPM24-125-CUST 10X16PremDD

$/unit $/unit

1.5"

Quantity Quantity** $0.01$0.63 2 $0.01

yards

1 1 1

$0.10$0.06

1

$2.74

1

$2.74

ML

$0.94

2

$1.88

Minutes to Make

Quantity

$0.47

0.33

$0.23 $0.23

Style # S-4449

$/unit

Quantity $0.63 $0.01 $0.06

1 1 1

Total 15

9600

4,842

GRAND TOTAL

OTHER Freight World Frieght Calculator SUB SUB TOTAL Duty 4202.11.0030 TOTAL DUTY Broker

Professor GC

GRAND TOTAL

TotalTotal $0.63 $0.02 $0.01 $0.10 $0.06

1"

1 1 1

0.70

Total $4.74

$0.47 $0.23 $0.23

Total $0.93

0.037 0.037 0.037 $0.38 $4.95 $5.44 $16.57

ITALY

$0.50 $17.07 8%

Total $1.37 $18.44 $0.63 $0.01 $0.01 $0.06

$18.45

$0.70

TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing TOTAL LABOR SUBTOTAL

$4.76

17.12

Vendor Vendor Cartons Professor Uline Thread GC Tape Professor GC Woven label Quality Woven Labels Professor GC Labels Metal Buckle Strap Works TOTAL PACKING COSTS Metal Loop Strap Works

OTHER TOTAL PACKAGING COSTS Freight World Frieght Calculator SUB SUB TOTAL Duty 4202.11.0030 PACKING TOTAL DUTY Vendor Cartons Uline Broker Professor GC GC Tape Professor Labels Professor GC

PORTUGAL

Percentages 1% 1% 1% 10% 100%

Minutes to Make

Wage Per Minute

0.28

15

2,683

9600

Total

Total

0.037 0.037 0.037 $0.38 $4.20 $4.69 $15.82

$0.28 $16.10 8% $1.29 $17.39 $0.01

$17.40

SPAIN


The Immoderate Man

COST SHEET

Date

15-May-15

Style # FW02 Style Name St. Vincent Weekender Description Vegan Leather Weekend Bag

The Immoderate Man

FABRICS

COST SHEET Mill

Fabric 1

Style # Girl Charlee SK-1257

Date Total

$/yard* Yards $2.38

Description

FABRICS

TOTAL FABRIC COST Mill *to include freight

Fabric 1

Components

Zippers Buckle Thread

Style #

$/unit

$/yard* Yards $2.38 $Total

Quantity**

$0.01

1 1 17 yards

$0.10

1

0.0026

Buckle Guy 10174-1E-DOEB-LL

$0.76

Woven label Quality Woven1.5" Labels

TOTAL FABRIC COST

TOTAL COMPONENT COSTS *to include freight

Hangtags Poly Bags Zippers

Buckle Thread

Total

$7.14

$0.84 $0.76 $0.17

$7.14

**must include waste $1.87

Vendor Style # $/unit Quantity Vendor Style #$0.47 $/unit 1 Greenerprinter EcoEnclose 100RPM24-125-CUST $0.23 1 Stateline Bag 10x16PremDD $0.23 1

$Total

$0.01 $0.10

1

$0.23 $0.23

$0.76

Woven label Quality Woven 1.5" Labels The Immoderate Man

$Total

Quantity** $0.47

1 1 17 yards

0.0026

Buckle Guy 10174-1E-DOEB-LL

COST SHEET

Style # Style Name

3

$0.10

PACKAGING Components

Dust Bag

$7.14

$7.14

Style # **must include wasteDescription Girl Charlee SK-1257

Vendor

15-May-15

3

Style # FW02 Style Name St. Vincent Weekender Description Vegan Leather Weekend Bag

$0.10 Date

FW02 St. Vincent Weekender Leather Weekend Bag

TOTAL PACKAGING COSTS Description Vegan

15-May-15

$0.93

TOTAL COMPONENT COSTS

FABRICS PACKING

Vendor Uline

Mill Style # S-4449 Girl Charlee

Cartons Fabric 1 Tape PACKAGING Labels Vendor TOTAL PACKING COSTS

Hangtags

$/unit $0.63 $0.01

$1.87

Quantity Style #

$Total Description $0.63 $0.01 $0.06

SK-1257

$/yard*

$2.38

Style # $/unit Quantity $0.70 $0.47 1 Greenerprinter EcoEnclose 100RPM24-125-CUST $0.23 1 $Total percentages Wage per Minute Minutes to Make Stateline Bag1%10x16PremDD $0.23 $0.062 1

Portugal Poly Bags LABOR Dust Bag Patternmaking Grading Marking Cutting Sewing TOTAL FABRIC COST TOTAL LABOR *to include freight SUB TOTAL

$0.06

1% 1% 10% 100%

OTHER Components Freight World Freight Calc. Vendor Sub Sub Total Zippers 4202.11.0030 Duty TOTAL DUTY Buckle Buckle Guy

$4,583

$0.062 $0.062 $0.625 $6.25 $7.06 **must include $17.70

25

$0.25

Yards

$Total

$0.95 $/unit

Thread 1.5"

Vendor Style # Cartons Uline S-4449 Tape COMPONENT COSTS TOTAL Labels TOTAL PACKING COSTS

$7.14

$18.65 8% 0.0026 $1.49 $0.76 $20.14 $0.01 $0.01

1 1 17 yards

$0.17

$20.15

$/unit

$0.93

1

$0.10

Quantity

$Total

$0.63 $0.01 $0.06

$0.63 $0.01 $0.06

1% 10% 100%

OTHER Freight World Freight Calc. Sub Sub Total Duty 4202.11.0030 TOTAL PACKAGING COSTS TOTAL DUTY

1 $0.082 1 $0.082

SPAIN LABOR Patternmaking Grading Marking Cutting Sewing TOTAL LABOR SUB TOTAL OTHER Freight Sub Sub Total Duty TOTAL DUTY

Style # S-4449

$1.01 $20.97 8% $1.68 $22.65 $0.01

$0.06

Wage per Minute

1% 1% 1% 10% 100%

4202.11.0030

Broker

Quantity $0.63 $0.01

$0.28

$2,683

$Total $0.47 $0.23 $0.23

ITALY

$Total

4,800

$/unit

percentages

World Freight Calc.

$1.87

$0.082 $0.825 $8.250 $9.321 $19.96

25

$0.33

$4,842

$Total 1

Broker

Vendor TOTAL OTHER Uline Cartons Tape Labels GRAND TOTAL TOTAL PACKING COSTS

$0.10

$0.70

Italy Vendor Style # $/unit Quantity LABOR $0.47 Hangtags Greenerprinterpercentages Wage per Minute Minutes to Make Poly Bags EcoEnclose 100RPM24-125-CUST $0.23 Patternmaking 1% Dust Bag Stateline Bag 10x16PremDD $0.23 Grading 1%

PACKING

$22.66 Minutes to Make

25

4,800

$0.93

$Total $0.63 $0.01 $0.06 $0.70

$Total $0.07 $0.07 $0.07 $0.70 $7 $7.91 $18.55 $Total $0.56 $19.11 8% $1.53 $20.64 $0.01

TOTAL OTHER

GRAND TOTAL

PORTUGAL

$Total $0.84 $0.76

Quantity**

PACKAGING

Marking Cutting Sewing TOTAL LABOR SUB TOTAL

$7.14

$0.47 $0.23 $0.23

waste

TOTAL OTHER

PACKING

Total

-19-

Broker

TOTAL PACKAGING COSTS

3

$Total

Style 4,800 # 10174-1E-DOEB-LL

Woven label Quality Woven Labels GRAND TOTAL

$0.84 $0.76 $0.17

$20.65

SPAIN


The Immoderate Man

COST SHEET PORTUGAL Style #: Style Name: Size: Description:

Date: 05/18/15

FW02 The Fredrick Backpack 17"x4.5"x13.5" Vegan Leather Backpack

FABRICS

Mill Girl Charlee Girl Charlee

Fabric 1 Front Pouch

Season

Style # SK-1247 SK-1247

$/yard*

Description Cognac Brown Vegan Leather Cognac Brown Vegan Leather

2.38 2.38

Yield**

2 0.25

Total

TOTAL FABRIC COST

Vendor Zippers Professor GC Thread Professor COST SHEET GC Woven Label Quality Woven Labels

Style #

1.5 inches

Strap Adjusters Strap Works Magnetic Snaps Fabric.com

MS-R 232112

$/unit

The Immoderate Man F2414-56B

Country (Italy)

FABRICS 1 2

Vendor

1 5 1

$0.01 $0.01

$0.98

$1.00 $1.96

Season: Fall/Winter 2016 $3.31

$/unit Quantity Description 0.47

Mill Style # Greenerprinter round EcoEnclose 100RPM24-125-CUST Girl Charlee SK-1247 Sateline Bag 10X16PremDD Checker Distributors SLG107

$Total $/yard* 1 $0.47 0.23Vegan Leather1Fabric $0.23$2.38 Cognac Brown 0.23 1 $0.23$1.33 Sew Lazy Stiff Firm Interfacing 20inx10yd

TOTAL PACKAGING COSTS

Vendor AM Shipping Supplies

Components

Cartons Tape Labels Zippers

Vendor Professor GC Professor GC GC Professor Professor GC

Style # 15x15x10

Thread TOTAL PACKING COSTS Woven label Quality Woven Labels LABOR Strap Patternmaking Grading Adjusters Marking Metal Cutting Loop Sewing

$/unit

Style # $/unit F2414-56B

1 1 1

ML

Polybags EcoEnclose Stateline Professor GC Bag

Patternmaking

Grading TOTAL COMPONENT COSTS

Marking Cutting Sewing PACKAGING TOTAL LABOR Vendor SUBTOTAL Hangtags Greenerprinter

1

$0.10

1

$1.00

2

$1.88

$0.34

$Total

Minutes to Make

$1.00

1% 10% 100%

18

0.25

$/unit

4583

$0.94

Style # SK-1247 SK-1247

$0.05 $0.05 $0.05 $0.45 $4.50

$0.23 $0.23

EcoEnclose Sateline Bag

Total

Cognac Brown Vegan Leather

$0.27 $0.01

Quantity**

$0.06

0.02

1 1 1

0.23 0.23

4,842

Quantity 0.01 0.06

GRAND TOTAL

1 1 1

0.47

0.27

1

9600

$0.932

Total

$4.76 $0.60

0.25

$5.36

0.27 $0.01 $0.06

$Total

Total

$1.00 $1.96

Total

$0.23 $0.23

0.037 0.037 $3.26 0.037 $0.38 $4.95 $5.44 $Total $16.45 $0.47

$1.36

1 1 1

$18.32

$0.34

Percentages 1% 1% 1% 10% 100%

Minutes to Make

Wage Per Minute

$0.28

$Total

18

$0.05 $0.05 $0.05 $0.50 $5.04 $5.70 $15.58

OTHER Freight World Freight Calculator SUB SUB TOTAL Duty 4202.11.0030 TOTAL DUTY Professor GC

GRAND TOTAL

ITALY

$Total $18.31 $0.27 $0.01 $0.01 $0.06

TOTAL LABOR SUBTOTAL

Broker

$0.29

0.34 $0.01

$0.50 $0.93 $16.95 8%

TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing

FW2016

$0.47 $0.23 $0.23

Total

15

Quantity

$/unit

Season

Yield**

2 Minutes to Make

$0.98

0.33

Style # $/unit round 100RPM24-125-CUST 10X16PremDD

Total

1

1

Wage Per Minute

PORTUGAL

1

0.01

MS-R

Style # 15x15x10

1 1 1

0.01

Freight World Frieght Calculator SUB SUB TOTAL Duty 4202.11.0030 Vendor AM Shipping Supplies Professor GC Professor GC Professor GC

$16.75 Quantity

$/unit

$4.76 $0.99

$3.99

2.38 2.38

Cognac Brown Vegan Leather

TOTAL PACKAGING COSTS

TOTAL DUTY PACKING

8% $1.24 $16.74 $0.01

$/yard*

Description

1.5 inches

232112 Percentages 1% 1% 1% 10% 100%

$0.48

$15.50 Quantity $0.47

Style # $/unit 15x15x10 Style # F2414-56B

$Total

9600

100RPM24-125-CUST 10X16PremDD

Zippers Professor GC Thread Professor GC TOTALLabel PACKINGQuality COSTS Woven Woven Labels Strap Works Fabric.com

Total $0.97 $0.04

$15.02

GRAND TOTAL

Vendor Cartons AM Shipping Supplies Components Tape Professor GC Vendor Labels Professor GC

1 4 yards

$0.06

Date:$5.09 05/18/15

Mill TOTAL1 PACKAGING COSTS Fabric Girl Charlee Front Pouch Girl Charlee TOTAL FABRIC COST PACKING

$0.27

Quantity** $0.01 0.02/inch

COSTS

Dust Bag Broker FABRICS

Cartons Broker Tape Labels

$Total

1%

OTHER PACKAGING Style #: FW02Calculator Freight World Freight Style Name: The Fredrick Backpack SUB SUB TOTAL Vendor Style # Duty 4202.11.0030 Size: 17"x4.5"x13.5" Hangtags Greener Printer Round TOTAL DUTY Description: Vegan Leather Backpack

-20-

0.06

Wage Per Minute

Strap Works

The Immoderate Man

Polybags Dustbags OTHER

2 0.75

$5.75

$0.10

MS-R1%

Strap Adjusters Magnetic LABOR Snaps

0.01

1.5"

Strap Works

SPAIN

Quantity 0.27

$0.01

Percentages

TOTAL LABOR TOTAL COMPONENT COST SHEET SUBTOTAL

Yards

$0.93

TOTAL FABRIC COST

PACKING

$0.29 $0.05 $0.01

Date: May 18, 2015

1 2

$1.00

Style #

$Total

Quantity** $0.02

Style # FW04 Style Name: The William Messenger Size:COMPONENT 16.25x4x13.5in TOTAL COSTS Description: Vegan Leather Messenger Bag

Hangtags Polybags Fabric Dustbags Fabric

$4.76 $0.60 $5.36

Components

PACKAGING

FW2016

2683

9600

$Total

$0.28 $15.86 8% $1.27 $17.13 $0.01

$17.14

SPAIN


Works Cited “Country Rankings.” Environmental Performance Index. Web. 21 May 2015. <http://epi.yale.edu/epi/country-rankings>.

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Sara Spicer | Hayley Larson | Kyra Webb | Samantha DiBernardo Professor Grace Canepa FASM 420 Global Sourcing


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