Circe
table of contents introduction introduction
strategy development process strategy development process
strategy finalization final placement
conclusion appendix
references appendix
1
03 05 09 10
2
introduction
Circe is company that specializes in trendy separates and affordable women’s work-wear. Our brand is known for providing high quality and well-tailored suits, blazers, jackets, blouses, trousers, skirts and dresses. As a company we aim to offer separates in order to provide versatility to our clients. Although we aim to design trendy garments for our customers, our company processes in long lead times and plans future purchase orders in advance for longevity and quality of the garments. The goal of the company is to achieve maximum sustainability and empowering women. Unfortunately, we live in a world where not all women are given equal opportunities to be put in a higher position. Women are often given unequal pay, unequal growth opportunities and overall unequal treatment. According to data provided by Catalyst. org, there is currently a 19.2% share of board seats for women in the U.S Stock Index Companies. Female full-time workers only made 78 cents for every dollar earned by men, a gender wage gap of 22% (Institute for women’s policy research). Women’s empowerment is an integral part of our business plan. Our values consist of personal growth, prosperity, honesty, stability, aesthetic, intellectual growth, creativity and integrity.
target market
Name: Nicole Parson Age: 25 Status: Single Location: Washington DC Education: Bachelor’s in Finance Occupation: Accountant Drives: a Scion TC Salary: 50 k Favorite things: • Coffee with her frineds from college • Organization • Her historic apartment • TED talks In her spare time she is a part of the American Business Women’s Association and donates to women centric organizations when she can. She likes classic, polished clothes with subtle, feminine, special details and a pop of color that will set her apart in the workplace while still being taken seriously.
3
products and price range
curie $23.87
amal $34.37
amelia $33.13
belva $33.13
4
strategy development
In everything that we do, we believe in empowering the hard working women , we believe that the power of success comes from an equal opportunity and respectable working environment. Circe creates women’s work-wear designed to expose the strength and confidence of women everywhere and from all walks of life. Our women’s workwear is designed to be highly sustainable and able to be worn in every circumstance, whether it is for a undergraduate internship interview to long term career path. Our products are made with 100% organic cotton of the highest quality and is sourced and manufactured by our hand-picked and highly rated suppliers from around the world. We take pride in having our products manufactured from Mauritus—a city well known for their efforts to improve equal opportunities for their women. Our garments are produced by skilled and trained seamstresses who design garments built for everybody.
5
country analysis
The top three countries chosen for Circe's manufacturing process were Mauritius, Dominican Republic and China. The main reason for our picks were chosen based on proximity, quality and price. Our first and closest country to the US will be Dominican Republic, located in the Caribbean region; Dominican Republic takes around only four days to deliver. Currently the Dominican Republic maintains a very strong relationship with the United States holding a Free trade agreement where no duties or quotas will be added to the shipping process. Dominican Republic’s political and economic situation has been increasing for the past few years, making it a great pick when it comes to manufacturing mainly due to its low prices and proximity that reduces the risks when delivering the product. Circe’s second country for manufacturing is Mauritius, located in the Indian Ocean on the eastern coast of Africa, Mauritius is Circe’s most expensive choice but it is highly recognized for its high quality products that we are looking forward to delivering our customers. Mauritius political and economical situation remains very stable with barely any natural hazards other than hurricane season. The bilateral trade between Mauritius and the US remains very strong, the Free trade agreement between these two countries compensates for the expensive shipping process, and furthermore the third and last country of the list is China, located in Asia, China is known for its trained labor force, high literacy rate and diversity of manufacturing opportunities, the main reason for picking China as our third country was to create a balance between the three countries, because of its high potentially quality manufacturers, we are able to obtain any product of our collection for a very good price and quality.
6
textile industry
CHINA.
For the past decades, the scenario in China has changed drastically due to its expansion in the industrial sector that has lead to an increase in the economy. The textile industry in China is recognized as one of their ma jor contributors to China’s economy, this being one of the main highlights for Circe’s picking China’s as one of their key countries for production. The textile industry in China is ranked as one of the top when compared to other countries. It has earned this recognition due to its high diversity in manufactures, which in turn, has opened many doors for companies since it enables them to search for competitive prices while still benefiting from having high standards.
MAURITIUS.
The textile industry for the past four decades has only been a positive addition to the restoration of the Mauritian economy. Although Mauritius exports worldwide, their main exports are to the United States, Europe and South Africa. The Mauritian industry has been designed to please the many different buyers located around the world in terms of volume, price and diversity putting Mauritius in a very important position in the South African region. Although their manufacturers may vary depending on the type of product, Mauritius main exports range from work wear, t-shirts, pullovers, lingerie, swim and sportswear
DOMINICAN REPUBLIC.
With a 2.5% of growth rate, the DR is one of the largest import and export markets for US textile products in Central America and the Caribbean region. The Dominican Republic textile industry is expected to continue growing as well as importing fabrics from different countries, primarily fabrics from the United States. One of the main and best advantages over any other countries is the delivery time to especially to the US that competes with the low prices. The ma jority of the apparel manufacturers prefer to use good quality materials at the lowest price possible. Dominican republic best sales are woven garments and knit products. 7
suppliers analysis
We narrowed our selection of suppliers by grading them in regards to their abilities and capacity to create the product we needed, their leads times, product quality, quality of their buyers, services offered, price, and location as well as whether their sourcing guidelines were congruent with our values. Out of Chinese suppliers, we chose Lu Thai because of their AA Sinosure ratings, and because they received nearly perfect grades on all of our specifications. The AA rating for Sinosure means that they are resistant to risk and have a good credit status. They are also certified in ethical supply chain practices by Social Accountability International as well as from Worldwide Responsible Accredited Production (WRAP). Their reputable buyers consists of Eddie Bauer, PVH Group (Calvin Klein, Tommy Hilfiger and Heritage Brands), and Phillips Van Heusen. Chenfeng Group came at a close second but their customers were not as credible as Lu Thai’s. Jiangsu Guotao Int’l was far behind in our rankings and thus not considered. Neither of the last two companies had the certifications that Lu Thai had earned. In the Dominican Republic, we were able to eliminate two of the suppliers because they were lacking in services offered, strategic outlook, capacity and abilities. Thus narrowing our selection down to Samsew because of their work with Hanes, specialty in cotton and their Worldwide Responsible Accredited Production (WRAP) certification for social responsibility. Esquel was the preferred supplier in Mauritius because of their WRAP certification for social responsibility, their abilities to work with cotton wovens and shirting, and their suppliers. Eddie Bauer, Jos. A. Bank, Nordstrom, J. Crew and Nautica are among their top buyers however they have many other credible buyers as well. Aquarelle was a close second but the quality of their products and the credibility of their customers were just short of Esquel’s. Bentley Textile, however, was far behind as it offered no services, guidelines or any sort of strategic outlook. Their capacity, customers, ability and quality were also lacking and thus were not an attractive possibility for our brand.
8
final placement
Circes’ first work wear collection was created for fall/winter 2015. Circe will be producing one million units of women’s blouses. In the future, we plan to extend our assortment to blazers, pants, skirts and dresses. The Amelia peplum and Belva wrap fashion blouses have 240,000 units each. Our basic best seller, which is the long sleeve Amal button down, has the most units of 290,000. The short sleeve Curie button down top is also a basic but with the least amount of units at 230,000. We plan for this basic top to not sell as much as the long sleeve or the fashion tops because it is more of a seasonal basic. The final placement was determined by having our fashion blouses manufactured in China. They are not a basic product that needs to be replenished as often. The long sleeve collar button down, which we plan to be our best seller, will be manufactured in the Dominican Republic, closer to the US. Our short sleeve collar button down, which has the least units but is still basic, will be manufactured close to home in Mauritius.
Final Placement & Margins Country
China
Supplier
Lu Thai Short Sleeve Pepum 240,000
Style Total Units
1,000,000
Wholesale Cost per Unit Margin %
9
$ $ $
Total Wholesale Total Purchase Total Margins
$ $ $
31,359,800 9,407,900 21,951,900
Avg Wholesale Avg Purchase Avg Margins Avg Margins % Avg Cost/Unit
$ $ $
31.36 9.41 21.95 70.00%
$
21.95
$ $ $
Long Sleeve Wrap Blouse 240,000
33.13 $ 9.94 $ 23.19 $ 70.00% 7,951,200.00 2,385,600.00 5,565,600.00
Dominican Mauritius Republic Samsew S.A. Esqual Long Sleeve Short Sleeve Button Button Down Down 290,000 230,000
$ $ $
33.13 $ 9.94 $ 23.19 $ 70.00% 7,951,200.00 2,385,600.00 5,565,600.00
$ $ $
34.37 $ 10.31 $ 24.06 $ 70.00% 9,967,300.00 2,989,900.00 6,977,400.00
$ $ $
23.87 7.16 16.71 70.00% 5,490,100.00 1,646,800.00 3,843,300.00
appendix
10
country rankings COUNTRY RANKING Scale of 1 to 10 with 1 being the worst and 10 the best China
Explanation
Mauritius
Explanation
Dominican Republic
Explanation
Business Climate
8
Forecast to increase 6.7%
9
Stable, 3.1% growth
7
Country has significant growth, 2.5% anually. Easy to do business with.
Costs
8
Around $1,200 40 ft container to LA
2
$8000-$9000 Shipping.
10
Cheap minimum wage. Cheap shipping costs.
Government
6
Communist
9
Stable government, highly supportes the apparel industry.
8
Stable government, supportsed by the apparel industry.
10
Caribbean, Very close to US.
6
Asia
5
Indian Ocean eastern coast of Africa + four hrs ahead, GMT (Greenwhich mean time) no summer winter time
Risks
6
Fatal earthquakes, floods, road congestion, monsoon climate, child labor
9
Hurracaine season, timezone difference
8
Power may be an issuse, storms and unrest, high corruption.
Social Stability
7
8
Socially stable, good relation with the United States
8
Socailly stable, child labor not an issue.
Sourcing Guidelines
7
Stable
9
stable laws in place for regulation
7
Stable, laws in place for regulations.
Textile Industry
9
Highly productive, many manufacturing options available for very cheap costs.
8
One of the biggest Industry in the country. High Quality products
8
Developing and showing signs of increase.
Trade Agreements
3
Good relations with the US but no free trade agreements
10
Free Trade Agreement, third largest market
10
Free trade agreements with US.
Trained Work-force
9
High literacy rate, very trained work force
9
More than 4/5 of the population is literate
7
highly skilled and trained work force.
Socio-eco-political
8
stable
10
very stable
9
Very stable
Location
11
Total
77
88
92
Average
7.0
8.0
8.4
9 9 10 10 10 8 8 9 73 9.1
Supplier
10 9 10 10 10 10 8 9 76 9.5
Blanco Handsome Internationa Nica S.A. l S.A.
Abilities Capacity Lead-time Quality Customers Sourcing Guidelines Services Offered Strategic Outlook Total Average
Dominican Republic
Country
10 9 10 10 10 10 8 9 76 9.5
Samsew S.A.
SUPPLIER RANKING Scale of 1 to 10 with 1 being the worst and 10 the best
12
10 9 9 10 10 10 10 10 78 9.75
10 3 5 4 45 5.625
5 8 10
Jiangsu Guotai Lu Thai Int'l Textile Group Compan Huatai y Ltd. I/E Co
China
10 10 10 10 7 10 10 10 77 9.625
Chenfeng Group Co.,Ltd.
9 8 5 7 7 10 8 9 63 7.875
Aquarelle
Mauritius
10 8 5 8 9 10 8 8 66 8.25
Esquel
6 4 5 6 3 0 0 0 24 3
Bentley Textile LTd
13
14
Style #2
Style #1
18,000 24,000 18000 18,000 78000
Quantities
STYLE # NAME
18,000 22,000 18,000 17,000 75000
Quantities
SP/SU JAN
S/S Button Down L/S Button Down Style #3 S/S Peplum Style #4 L/S Wrap Blouse TOTAL
FEB
Fall 2015
LINE PLAN
Circe
15 19,000 24,000 19,000 20,000 82000
Quantities
SUMMER MAR 19,000 25,000 21000 21,000 86000
Quantities
APR 22,000 27,000 22,000 23,000 94000
Quantities
MAY 19,000 25,000 20000 20,000 84000
Quantities
JUN 18,000 22,000 17,000 18,000 75000
Quantities
JUL
Fall/ Winter
19,000 25,000 20,000 21,000 85000
Quantities
AUG 21,000 26,000 23000 22,000 92000
Quantities
SEP 19,000 24,000 21,000 20,000 84000
Quantities
OCT 19,000 24,000 21,000 21,000 85000
Quantities
19,000 22,000 20,000 19,000 80000
Quantities
HOLIDAY NOV DEC 230000 290000 240000 240000 1000000
TOTAL $ $ $ $ $
23.87 34.37 33.13 33.13 31.13
Average
$ $ $ $ $
Total
5,490,100.00 9,967,300.00 7,951,200.00 7,951,200.00 7,839,950.00
Wholesale Wholesale Per Unit
Cost $ $ $ $ $
7.16 10.31 9.94 10.31 9.43
Per Unit
Cost 1,646,800.00 2,989,900.00 2,385,600.00 2,474,400.00 2,374,175.00 Average
$ $ $ $ $
Total
Average
$ $ $ $ $
Margin 16.71 24.06 23.19 22.82 21.70
Average
70% 70% 70% 70% 70%
Margin %
Circe
COST SHEET
Date: 2/24/15
Style # 1001 Style Name: Curie, S/S Collar Button Down Blouse Description: Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1
$3.84
COMPONENTS Quantity 7 150 1 1
CHINA $ Total $0.07 $3.00 $0.05 $0.01 $3.13
Quantity 1 1 1 1
CHINA $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
CHINA $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.07 $0.07 $0.07 $0.10 $0.09 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
CHINA $ Total $0.07 $0.07 $0.07 $0.10 $0.09 $0.01 $0.01 $0.42
$/unit Buttons $0.01 Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
CHINA $ Total $3.84
CHINA $ Total $0.20 $0.11 $0.02 $0.15 $0.48
$8.16
16
Circe
COST SHEET
Date: 2/24/15
Style # 1001 Style Name: Curie, S/S Collar Button Down Blouse Description: Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1
COMPONENTS Buttons Thread Care label Woven label
$/unit $0.01 $0.02 $0.05 $0.01
Quantity 7 150 1 1
TOTAL COMPONENT COSTS
$/unit $0.02 $0.02 $0.02 $0.02
Quantity 1 1 1 1
PACKING Cartons Tape Labels TOTAL PACKING COSTS
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
LABOR $/unit Quantity Patternmaking $0.02 1 Grading $0.02 1 Marking $0.02 1 Cutting $0.06 1 Sewing $0.05 1 Prepacks $0.01 1 Admin $0.01 1 TOTAL LABOR *Includes pressing & packing unless otherwise noted. OTHER Freight Duty Broker Insurance TOTAL OTHER
17
GRAND TOTAL
DOMINICAN REPUBLIC $ Total $0.07 $3.00 $0.05 $0.01 $3.13
PACKAGING
Hangtags Price Tkt Size Tkts polybags TOTAL PACKAGING COSTS
DOMINICAN REPUBLIC $ Total $3.84 $3.84
DOMINICAN REPUBLIC $ Total $0.02 $0.02 $0.02 $0.02 $0.08
DOMINICAN REPUBLIC $ Total $0.14 $0.01 $0.06 $0.21 DOMINICAN REPUBLIC $ Total $0.02 $0.02 $0.02 $0.06 $0.05 $0.01 $0.01 $0.19
DOMINICAN REPUBLIC $ Total $0.05 $0.00 $0.02 $0.15 $0.22
$7.67
Circe
COST SHEET
Date: 2/24/15
Style # 1001 Style Name: S/S Collar Button Down Blouse Description: Curie, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen
$/yard $3.84
Yield 1
TOTAL FABRIC COST
$3.84
COMPONENTS Quantity 7 150 1 1
MAURITIUS $ Total $0.07 $3.00 $0.05 $0.01 $3.13
Quantity 1 1 1 1
MAURITIUS $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
MAURITIUS $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.01 $0.01 $0.01 $0.04 $0.03 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
MAURITIUS $ Total $0.01 $0.01 $0.01 $0.04 $0.03 $0.01 $0.01 $0.11
$/unit Buttons $0.01 Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
MAURITIUS $ Total $3.84
MAURITIUS $ Total $0.07 $0.00 $0.02 $0.15 $0.24
$7.61
18
Circe
COST SHEET
Date: 2/24/15
Style # 1002 Style Name: L/S Collar Button Down Blouse Description: Amal, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1.5
COMPONENTS Buttons Thread Care label Woven label
$/unit $0.01 $0.02 $0.05 $0.01
Quantity 9 153 1 1
TOTAL COMPONENT COSTS
$/unit $0.02 $0.02 $0.02 $0.02
Quantity 1 1 1 1
PACKING Cartons Tape Labels TOTAL PACKING COSTS
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
LABOR $/unit Quantity Patternmaking $0.05 1 Grading $0.05 1 Marking $0.05 1 Cutting $0.46 1 Sewing $0.23 1 Prepacks $0.01 1 Admin $0.01 1 TOTAL LABOR *Includes pressing & packing unless otherwise noted. OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
19
DOMINICAN REPUBLIC $ Total $0.09 $3.06 $0.05 $0.01 $3.21
PACKAGING Hangtags Price Tkt Size Tkts polybags TOTAL PACKAGING COSTS
DOMINICAN REPUBLIC $ Total $5.76 $5.76
DOMINICAN REPUBLIC $ Total $0.02 $0.02 $0.02 $0.02 $0.08
DOMINICAN REPUBLIC $ Total $0.14 $0.01 $0.06 $0.21 DOMINICAN REPUBLIC $ Total $0.05 $0.05 $0.05 $0.46 $0.23 $0.01 $0.01 $0.85
$ Total DR $0.03 $0.00 $0.02 $0.15 $0.20
$10.31
Circe
COST SHEET
Date: 2/24/15
Style # 1002 Style Name: L/S Collar Button Down Blouse Description: Amal, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1.5
$5.76
COMPONENTS Quantity 9 153 1 1
CHINA $ Total $0.09 $3.06 $0.05 $0.01 $3.21
Quantity 1 1 1 1
CHINA $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
CHINA $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.08 $0.08 $0.08 $0.82 $0.41 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
CHINA $ Total $0.08 $0.08 $0.08 $0.82 $0.41 $0.01 $0.01 $1.49
$/unit Buttons $0.01 Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
CHINA $ Total $5.76
CHINA $ Total $0.07 $0.11 $0.02 $0.15 $0.35
$11.10
20
Circe
COST SHEET
Date: 2/24/15
Style # 1002 Season: Fall Style Name: Amal, L/S Collar Button Down Blouse Description: Cotton Sateen FABRICS Cotton Sateen TOTAL FABRIC COST
Yield 1.5
MAURITIUS $ Total $5.76 $5.76
Quantity 9 153 1 1
MAURITIUS $ Total $0.09 $3.06 $0.05 $0.01 $3.21
Quantity 1 1 1 1
MAURITIUS $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
MAURITIUS $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.04 $0.04 $0.04 $0.40 $0.20 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
MAURITIUS $ Total $0.04 $0.04 $0.04 $0.40 $0.20 $0.01 $0.01 $0.74
$/yard $3.84
COMPONENTS $/unit Buttons $0.01 Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
21
GRAND TOTAL
MAURITIUS $ Total $0.05 $0.00 $0.02 $0.15 $0.22
$10.22
Circe
COST SHEET
Date: 2/24/15
Style # 1003 Style Name: S/S Fashion Blouse Description: Amelia, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Quantity 150 1 1
MAURITIUS $ Total $3.00 $0.05 $0.01 $3.06
Quantity 1 1 1 1
MAURITIUS $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
MAURITIUS $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.02 $0.02 $0.02 $0.05 $0.04 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
MAURITIUS $ Total $0.02 $0.02 $0.02 $0.05 $0.04 $0.01 $0.01 $0.17
$/unit Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING
$/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
MAURITIUS $ Total $5.76 $5.76
COMPONENTS
PACKING
Yield 1.5
MAURITIUS $ Total $0.06 $0.00 $0.02 $0.15 $0.23
$9.51
22
Circe
COST SHEET
Date: 2/24/15
Style # 1003 Style Name: S/S Fashion Blouse Description: Amelia, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen
$/yard $3.84
Yield 1.5
CHINA $ Total $5.76 $5.76
Quantity 150 1 1
CHINA $ Total $3.00 $0.05 $0.01 $3.06
Quantity 1 1 1 1
CHINA $ Total $0.02 $0.02 $0.02 $0.02 $0.08
Quantity 1 1 1
CHINA $ Total $0.14 $0.01 $0.06 $0.21
Quantity 1 1 1 1 1 1 1
CHINA $ Total $0.06 $0.06 $0.06 $0.09 $0.08 $0.01 $0.01 $0.37
TOTAL FABRIC COST
COMPONENTS $/unit Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS
$/unit $0.14 $0.01 $0.06
LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
23
GRAND TOTAL
$/unit $0.06 $0.06 $0.06 $0.09 $0.08 $0.01 $0.01
CHINA $ Total $0.18 $0.11 $0.02 $0.15 $0.46
$9.94
Circe
COST SHEET
Date: 2/24/15
Style # 1003 Style Name: S/S Fashion Blouse Description: Amelia, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1.5
COMPONENTS Thread Care label Woven label
$/unit $0.02 $0.05 $0.01
Quantity 150 1 1
TOTAL COMPONENT COSTS
PACKAGING Hangtags Price Tkt Size Tkts polybags TOTAL PACKAGING COSTS
$/unit $0.02 $0.02 $0.02 $0.02
Quantity 1 1 1 1
PACKING Cartons Tape Labels TOTAL PACKING COSTS
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
$/unit $0.03 $0.03 $0.03 $0.07 $0.06 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
DOMINICAN REPUBLIC $ Total $5.76 $5.76
DOMINICAN REPUBLIC $ Total $3.00 $0.05 $0.01 $3.06
DOMINICAN REPUBLIC $ Total $0.02 $0.02 $0.02 $0.02 $0.08
DOMINICAN REPUBLIC $ Total $0.14 $0.01 $0.06 $0.21 DOMINICAN REPUBLIC $ Total $0.03 $0.03 $0.03 $0.07 $0.06 $0.01 $0.01 $0.24
DOMINICAN REPUBLIC $ Total $0.06 $0.00 $0.02 $0.15 $0.23
$9.58
24
Circe
COST SHEET
Date: 2/24/15
Style # 1004 Style Name: L/S Fashion Blouse Description:Belva, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1.5
$5.76
Quantity 150 1 1
CHINA $ Total $3.00 $0.05 $0.01 $3.06
Quantity 1 1 1 1
CHINA $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
CHINA $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.07 $0.07 $0.07 $0.09 $0.08 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
CHINA $ Total $0.07 $0.07 $0.07 $0.09 $0.08 $0.01 $0.01 $0.40
COMPONENTS $/unit Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR *Includes pressing & packing unless otherwise noted. OTHER Freight Duty Broker Insurance TOTAL OTHER
25
GRAND TOTAL
CHINA $ Total $5.76
CHINA $ Total $0.19 $0.11 $0.02 $0.15 $0.47
$9.98
Circe
COST SHEET
Date: 2/24/15
Style # 1004 Style Name: L/S Fashion Blouse Description: Belva, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1.5
$5.76
Quantity 150 1 1
MAURITIUS $ Total $3.00 $0.05 $0.01 $3.06
Quantity 1 1 1 1
MAURITIUS $ Total $0.02 $0.02 $0.02 $0.02 $0.08
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
MAURITIUS $ Total $0.14 $0.01 $0.06 $0.21
$/unit $0.02 $0.02 $0.02 $0.05 $0.04 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
MAURITIUS $ Total $0.02 $0.02 $0.02 $0.05 $0.04 $0.01 $0.01 $0.17
COMPONENTS $/unit Thread $0.02 Care label $0.05 Woven label $0.01 TOTAL COMPONENT COSTS
PACKAGING $/unit Hangtags $0.02 Price Tkt $0.02 Size Tkts $0.02 polybags $0.02 TOTAL PACKAGING COSTS
PACKING Cartons Tape Labels TOTAL PACKING COSTS LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR *Includes pressing & packing unless otherwise noted. OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
MAURITIUS $ Total $5.76
MAURITIUS $ Total $0.06 $0.00 $0.02 $0.15 $0.23
$9.51
26
Circe
COST SHEET
Date: 2/24/15
Style # 1004 Style Name: L/S Fashion Blouse Description: Belva, Cotton Sateen
Season: Fall
FABRICS Cotton Sateen TOTAL FABRIC COST
$/yard $3.84
Yield 1.5
COMPONENTS Thread Care label Woven label
$/unit $0.02 $0.05 $0.01
Quantity 150 1 1
TOTAL COMPONENT COSTS
PACKAGING Hangtags Price Tkt Size Tkts polybags TOTAL PACKAGING COSTS
$/unit $0.02 $0.02 $0.02 $0.02
Quantity 1 1 1 1
PACKING Cartons Tape Labels TOTAL PACKING COSTS
$/unit $0.14 $0.01 $0.06
Quantity 1 1 1
LABOR Patternmaking Grading Marking Cutting Sewing Prepacks Admin TOTAL LABOR
OTHER Freight Duty Broker Insurance TOTAL OTHER
GRAND TOTAL
27
$/unit $0.03 $0.03 $0.03 $0.07 $0.06 $0.01 $0.01
Quantity 1 1 1 1 1 1 1
DOMINICAN REPUBLIC $ Total $5.76 $5.76
DOMINICAN REPUBLIC $ Total $3.00 $0.05 $0.01 $3.06
DOMINICAN REPUBLIC $ Total $0.02 $0.02 $0.02 $0.02 $0.08
DOMINICAN REPUBLIC $ Total $0.14 $0.01 $0.06 $0.21 DOMINICAN REPUBLIC $ Total $0.03 $0.03 $0.03 $0.07 $0.06 $0.01 $0.01 $0.24
DOMINICAN REPUBLIC $ Total $0.06 $0.00 $0.02 $0.15 $0.23
$9.58
375.60 112.68 262.92
31.30 9.39 21.91
262.92
21.91
Avg Wholesale$ $ Purchase Avg Margins $
Total $
Average $
$ $ $
25.57 7.67 17.90
$ $ $
34.37 10.31 24.06
Dominican Samsew S.A. Republic Short Long Sleeve Sleeve Button Button Down Down 1,000,000 230,000 290,000
Total Wholesale$ Total Purchase $ Total Margins $
Wholesale Purchase Margin
Total Units
MARGINS
28
$ $ $
31.93 9.58 22.35
240,000
Short Sleeve Peplum
$ $ $
31.93 9.58 22.35
Long Sleeve Wrap Blouse 240,000 $ $ $
23.87 7.16 16.71
Short Sleeve Button Down 230,000
Mauritius
$ $ $
34.07 10.22 23.85
Long Sleeve Button Down 290,000
Esqual
$ $ $
31.70 9.51 22.19
240,000
Short Sleeve Peplum
$ $ $
31.70 9.51 22.19
Long Sleeve Wrap Blouse 240,000 $ $ $
27.20 8.16 19.04
Short Sleeve Button Down 230,000
China
$ $ $
37.00 11.10 25.90
Long Sleeve Button Down 290,000
Lu Thai
$ $ $
33.13 9.94 23.19
240,000
Short Sleeve Peplum
$ $ $
33.13 9.94 23.19
240,000
Long Sleeve Wrap Blouse
By Maria Claudia Galli Brittany Taliaferro Orsola Byrne Josie Peipert FASM 420 Prof, Grace Canepa