Fashion Product Analysis
About this set
Created by:
asha773 on January 27, 2012
Subjects:
product analysis, fashion product analysis
Description:
terms for fashion product analysis
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41 terms
Terms | Definitions |
|---|---|
 Sloper | -a pattern of a garment section, without style lines or seam lines -standard pattern or block pattern |
| Muslin Proof | muslin reproduction of the finished drafted pattern, pinned together in the form of the garment |
| Graded Pattern | individual patterns of a particular garment or style proportioned to a set of standardized body measurements for each size within a size range |
| Production Pattern | a copy of the tested and perfected final pattern including the specified seam allowances, notches, grainlines, and pattern identification |
| Marker | -a cutting comprising the outline of all production pattern pieces for one style is one or more sizes -pattern pieces are arranged or interlocked for fabric economy -made out of paper, non-woven cloth, or on same fabric as lay up |
| Spread(er) | the total number of fabric plies, one over the other, in a one-way or fold-back direction for a particular cutting |
| Ply | -single layer of fabric -plies (2 or more layers of fabric) |
| Bundles | -stack of cut-out garment section -bundles are sorted and grouped according to pattern size |
| Intrinsic Attributes | cannot be altered without changing the garment itself |
| Extrinsic Attributes | alter without changes to garment itself |
| Physical (Intrinsic) | what the garment is (tangible, competition) |
| Design (Physical, Intrinsic) | plan for garment style |
| Materials (Physical, Intrinsic) | fabrics, etc. |
| Construction (Physical, Intrinsic) | methods used to assemble garment |
| Performance (Intrinsic) | -what the garment does -how it benefits the consumer |
| Aesthetic (Performance, Intrinsic) | attractiveness |
| Functional (Performance, Intrinsic) | utility and durability |
| Perception/Value (Extrinsic) | -price pint -manufacturer -brand-name (environmental) -country of origin -image and reputation of retailer -hanger, hang tags, packing -end use |
| Line Development | -put together design concept; line; color ways -research/observe what is happening -CAD systems aid the design and manufacturing process |
| Cost | total amount invested in the product by the manufacturer |
| Price | amount that is asked for a product |
| Profit/Loss | difference between the price and the cost |
| Costing | the process of determining the costs of producing the marketing of a product |
| Pricing | process of determining the selling price |
| Manufacturing Costs | includes ALL expenses accumulated in producing the finished product |
| Cost Center (Unit Costs) | responsible for accumulated costs to produce a product |
| Profit Center (Unit Costs) | responsible for both revenue and cost in a product line |
| Overhead (Manufacturing Costs) | includes indirect costs |
| Indirect Labor Cost (Overhead) | -service personnel -quality control -material handlers -maintenance workers -etc. |
| Costing | includes: -cost of materials and labor overhead -general operating expenses (sometimes included in overhead) used to: -determine feasibility of producing a specific style within a price range -determine profit potential -make the decision to add the style to the line |
| Absorption Costing | -considers all manufacturing costs to produce the product (overhead, materials, costs, etc.) -overhead is computed as a percentage of direct labor costs risks: -dependency on the accuracy of costing direct labor -determination of overhead |
| Direct Costing | -considers only the costs specific to producing a particular garment (production labor, material costs, sales commission) -implements the economic theory of marginal analysis -this method is not permitted for financial statements to be used by outside individuals -the contribution of each product to the profit potential is more easily seen |
| Marginal Costs | increase in the total cost of production resulting from one additional unit of the production |
| Preliminary (Stages of Costing) | -determine whether the designer's sketches are marketable within pre-set price range -rough estimate based on material and labor costs -- help weed out costly designs |
| Cost Estimating (Stages of Costing) | -completed just prior to price setting and production -requires detailed analysis for assembly procedure -determines expected investment of materials, labor, overhead, etc. to produce one unit |
| Materials Costing (Cost Estimating) | direct cost of fabric, trims, findings, etc. for a specific style |
| Labor Costing (Cost Estimating) | production standard -- NORMAL time required to complete ONE OPERATION or cycle of a specific method to PRODUCE the DESIRED QUALITY |
| Recosting (Stages of Costing) | completed after the garments are put into the line and production patterns are developed |
| Budgets (Cost Control) | based on sales projections, cost restraining goals, and profit objectives |
| Performance Reports (Cost Control) | -completed by accounting division -realistic view of plant productivity for a specific period of time -shows actual units of production -time required to complete efficiently -compare budget and actual costs |
| Cost Variance (Cost Control) | -difference between budget and actual costs -determines if style will continue to be produced, design changes, revise procedures, or discontinue product |
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