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HOW TO SHOP THE FABRIC MARKET

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HOW TO SHOP THE FABRIC MARKET

How much you want to pay for it:

COST: What is Cost: What it is, of course, is the price of the goods. Fabric prices are quoted per the yard or per the meter.

And more about Cost: When looking at fabrics, it is important to know that the price quoted may or may not be the full price. The cost per yard of finished goods from a domestic stock house or jobber is generally the end price, but when you look at imported goods, a supplier will start quoting you prices with a bunch on letters attached to the numbers, and you need to know what those mean.

F.A.S. stands for Free Along Side.

The initials following the price of imported goods include the following: F.A.S., F.O.B., C.I.F. and L.D.P. They are defined as follows: It is the cost of the finished goods, plus it includes the delivery of the goods to port, dock, etc. The price does not include loading onto the ship, etc., or the shipping or any other charges incurred from that point on.

F.O.B.: stands for Free on Board. It is the cost of the finished goods, plus it includes the delivery of the goods to port and the loading onto the ship, plane, etc. The price does not include the shipping, or any other costs incurred from that point on.

C.I.F.: stands for Cost, Insurance and Freight. It is the cost of the finished goods, plus it includes the delivery of the goods to port, the loading onto the ship, etc., the shipping charges, and all applicable insurance fees along the way. The price does not include going through customs, or any duties or other costs incurred from that point on.

L.D.P.: stands for Landed and Duty Paid. It is the cost of the finished goods, plus it includes the delivery of the goods to port, the loading on to the ship, etc., the shipping charges, and the goods brought through customs, with all applicable duties and taxes paid.

And still more about cost: You need the fabric cost per yard to calculate the garment or item cost. The price of your fabric is usually the largest component in costing a garment, and usually accounts for about 60 to 70% of the total cost of an average garment. To see where you need your fabric to cost out at, you need to know the fabric consumption for the particular style or styles you are cutting the fabric in. Then you can calculate the garment cost along with the trimmings, labor, overhead and all of the other factors that go into a garment cost. If you are at your target garment cost, than that is what you want to pay for the fabric, if the garment cost is to high, than find lower priced fabric. And keep in mind, that if you budget in a certain fabric price, remember to allow room on your costing sheet for extra yardage if needed. You need to allow for wastage, which can be up to 10%, this includes imperfections in the fabric, which you will catch when you inspect the delivered goods, and for wastage in cutting, etc.

And transportation has a cost too: For all goods, you need to arrange getting the fabric from the warehouse, or wherever it is stocked to your warehouse, cutting room, or other destination. So don’t forget the transportation charge, this is not included in the quoted fabric cost. Although he transportation price may be a relatively low added cost, it is an additional factor in your garment price. So, keep that in mind when getting your fabric price, that transporting costs will be added too.

And lastly about cost: How much you want to pay for a yard of fabric is a factor you need to be up-front about from the start. It is crazy to look at, and fall in love, with $16.00/yard goods, when you can only spend $6.00 to $7.00 per yard. You need to figure out from the start, what price range you need a fabric to be in before you source the fabric, so you can look in the right direction.



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