Knit Fabric Consumption !!

Fabric consumption calculation is most important part of Clothing Merchandising. A lot of sourcing manager is giving target price to vendor during the inquiry; 50% of actual buyable price or less then that. But as a vendor; nothing to be worried in fact whenever I asked about target price; generally a reply are getting immediately quote your best price. The view of this post is not for that; I was surprised today after quoted my actual price for 50,000 pcs SS V-neck Tee Shirt by Single Jersey 160 gm/m2; sourcing manager stick on the same target price which are less then fabric cost; though this is not my 1st experience but rare case. The reason could be either; are not well aware about fabric consumption or didn’t check the current yarn price today. We are calculating Circular Knitwear fabric consumption as the following way; Body Length = in CM Sleeve Length = in CM Chest/Bottom (most widest part) = in CM GSM = gm/m2 [{(Body Length + Sleeve Length + 10 CM Allowance) X (½ Chest +4 CM Allowance)} X 2 X GSM] / 10000000 X 12 + Wastage (Knitting, Dyeing & cutting sewing its around 15% to 17%) = fabric consumption KG/DZN I love to do networking with like minded professional; if you want please add me in any of your circle on LinkedIn, Google+, Xing or Viadeo, ConsumerGoodsClub.