CTE3763 Matching Final Exam Review 1 Ready to wear d Pret a porter 2 Vertical integration a Manufacturer owned operated factories 3 Independent business hired to provide production services e Contractor 4 Private label b Proprietary 5 Brand level c Store brand Global Trade Terms Import to buy goods from another country Export to sell goods to another country Trade deficit situation that occurs when a country imports more than it exports Embargo denial of entry of goods into a country Tariff duty or tax placed on imported apparel Quota limit on the quantity of items that may be imported NAFTA North American Free Trade Agreement a policy creating a single North American Market for goods originating in the United States Canada and Mexico European Union EU trading bloc of European countries TFPIA Textile Fiber Products Identification Act a federal law required that all apparel sold in the US have a label that identifies fiber content manufacturer and country of origin Trademark a registered brand name or symbol Copyright exclusive right to reproduce a work of art Trade Dress refers to the shape and features of the product itself that are not only distinctive but also identify the manufacturer of the product Patent exclusive right to produce a product Counterfeit vs Knockoff Counterfeit is a fake copy of currently popular branded apparel accompanied by the illegal use of the rightful producer s brand name or trademark Knockoff is the legal copy or near cop of the general idea of design shown by another firm under a different brand name Know CMT Cut make trim contractor contractor who performs all the production operations to produce a style Subcontractor contractor that performs highly specialized functions for other contractors and manufacturers Jobber a person who buys certain merchandise and sells it to retailers almost an intermediate person in the cycle Full Package Suppler Licensing the process by which a manufacturer pays a fee to an individual or company for the privilege of affixing the licensors name trademark or logo to the licensee s products FOB free on board term of sale designating that the retailer takes ownership of the merchandise at the point of origin and is therefore responsible for transportation and any damage claims Landed Price the total cost of a landed shipment including purchase price freight insurance and other costs up to the port of destination Tolerances the difference between the allowable minimum and maximum f a specification or standard Open Specs uses only generic terms and identifies only the properties needed allows more flexibility in buying materials Closed Specs limits the product to a specific brand or vendor Seconds irregulars products that do not fit within the tolerances designated in the specifications Costing Pricing Profit Precosting preliminary estimate of what it will cost to produce a garment also called quick cost Production Costing detailed accurate costing that enables the manufacturer to accurately predict the cost of producing a garment Matching 1 Registered identification number RN 2 Copy or near cop of design under a different rand name Knock off 3 An imitation which infringes upon a manufacturer Counterfeit 4 Word or symbol to identify and distinguish a manufacturer Trademark 5 Classification of the dimensions of garments Size Merchandising Business plan planning development and presentation of a product Strategic plan aims objectives and strategy for future Line concept where you take the mood of the deliveries key elements and big ideas color story theme key elements to the identity of the line key items are the profit drivers of the lines Line development transition and translation in to trend forecasting merchandising and it is a result of creativity design team translates line concept into product Line presentation take key players of the company and show them where the line is going and show them the line that they want to start production on showing of proposed product top management technical production team sales team marketing team Line plan where you have the sales team evaluate the myths and how to grow and retain markets and capture new markets deal more with reality next step in evaluating the merchandise mix focuses on the business orientation and target market and key to achieve the business goal while addressing the wants and needs of the target market Assortment plan the styles quantity of a style class breakdown color analysis the breadth and depth of the line Merchandising plan the line is redefined to satisfy the target market includes feedback of key retail partners to address their wants and needs merchandisers are the bridge between design an what sells at retail Technical planning huge impact on quality defines styles by developing specifications fit standards ensure color standards oversee fabric testing garment testing develop fabric specs determine grading Brand portfolio multiple products and services each of which may have its own brand or form part of a family of brands Lifestyle brand a brand that attempts to embody the values and aspirations of a group or culture for purposes of marketing Matching 1 Developing fit standards color standards fabric testing and garment testing Technical planning 2 Aims objectives and strategy for future strategic planning 3 Links concepts to target customer forms merchandising plan line plan assortment plan and sourcing merchandising plan 4 Planning development and presentation of a product business plan 5 Translation of creativity forecasting and merchandising line development 6 Amount of each product assortment plan 7 Showing of proposed products line presentation 8 Mood theme and key elements line concept 9 Defines styles by developing specifications technical planning Fiber Yarn Fabric Physical features Fiber fine hair like structure raw material from which fabric is made Yarn continuous strand of fibers thread used to make fabric Fabric structure Woven Knit Plain weave twill eave satin weave Fancy weave Dobby jacquard crepe pile Filling or weft Jersey rib purl Warp Double Tricot rachel Rib interlock Other Lace twisting quilted flocked Color and Applied Design Undyed fabrics are called greige goods Dyes dyestuffs the liquid colorants used to color fabrics Fiber dyeing solution dyeing or dope dying is the dyeing of manufactured fibers while in the liquid form Yarn dyed Piece dyed dyed in the fabric stage Garment dyed Functional performance Dimensional
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