Matching CTE 3763 Final Know Global Trade Terms Ready to wear Vertical Integration pr t a porter made for the general market and sold through stores rather than made to order for an individual customer off the rack significantly impacts a firms competition advantage in getting the right product at the right time and place manufacturer owned and operated factories o Has control over multiple steps in production of it s product o Full integration has control over ALL steps Contractor Private Label proprietary products developed for exclusive distribution by a independent business hired to provide part or all steps in producing a garment retailer using their proprietary brand their own brand store brands that offer products exclusively available in their stores location store brand help consumer identify brand affixed in prominent Brand Label the amount by which the cost of a country s imports exceeds to buy goods from another country to sell goods to another country Import Export Trade Deficit the value of its exports implemented in 1994 creating a free market trade between the US Canada and Mexico a tax on imported goods an annual limit on the volume of a product that may be imported North America Free Trade Agreement a trade agreement Embargo Tariff Quota NAFTA prohibition of importing a product European Union trading block of European countries Trademark Copyright a symbol word or words legally registered or established by use Textile Fiber Products Identification Act must have generic name of textile percentages by weight greatest to least of fiber used in product anything under 5 doesn t need to be listed unless its important manufacturer country of origin as representing a company or product the exclusive legal right given to an originator or an assignee to print publish perform film or record literary artistic or musical material and to authorize others to do the same color combinations texture graphics design of product total image of the product includes features such as size shape Trade Dress EU TFPIA o Elements combines to create whole visual image techniques Patent presented to customers distinguishes from others the exclusive right granted by a government to an inventor to manufacture use or sell an invention for a certain number of years Counterfeit vs Knockoff o Counterfeit by the illegal trademark o Knockoff Know fakes or copies of currently popular brands accompanied copy or near copy of a design under a different name CMT Cut make trim fabric is bought in one country then sent to another to a contractor that performs highly specialized functions for person who buys certain merchandise and sells it to retailers They be cut made and finished Subcontractor other contractors and manufacturers Jobber are like an intermediate person in the cycle Full Package Supplier aspects of An independent contractor capable of completing all o Design o Fabric Materials Purchasing o Patternmaking o Cutting o Assembly o Packaging o Distribution the process by which a manufacturer the licensee pays a fee to Licensing an individual or company the licensor for the privilege of affixing the licensor s 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 contractor is responsible until the goods are loaded into transporting vehicle Landed Cost Tolerances whether a product meets a specified quality standard the difference between the allowable minimum and maximum of a specification Seconds in the specification Total production costs plus shopping costs and duty charges plus or minus measurement used on a tech pack to determine irregulars products that do not fit within the tolerances designated Costing Pricing and Profit Costing the process of estimating and determining the total cost of producing a garment helps determine if the product is profitable Phases of Costing o Preliminary Pre costing Quick cost within 10 15 of actual cost determine whether an item becomes part of the line depending on how much it costs to make it never been on fit model manufacturer to accurately predict the cost of producing a garment Detailed accurate costing that enables the o Production Costing Fiber Yarn Fabric Fiber basic unit from which all textiles are made o Natural o Manufactured Yarn continuous strand made up of fibers and used to knit or weave fabrics o Staple produced by twisting together staple fibers must be twisted to hold together o Filament made from filament fibers o Twists S or Z doesn t affect performance Fabric Structure indicates size of fiber used to determine quality of natural shape surface contour o Longitudinal view o Cross section o Fineness fibers o Luster o Color o Crimp cohesiveness bulk warmth luster sheen most fibers are white or off white refers to fibers waviness affects resiliency stretch o Prints and dyeing add color to undyed fabrics called greige goods o Printing the most common method to dye in localized area to produce patterns the application of designs to the fabric using dyes or pigments o Dyestuffs or dyes the liquid colorants used to color fabrics Color and applied Design Functional Performance of Fabrics o Dimensional Stability ability of a fabric to stay the same color retain o Appearance Retention related to the ability to neither stretch nor shrink creases resist wrinkles snagging pilling and with stand the heat of care process determines whether the garment maintains its original appearance ability or dry clean ability so that the finished garment retains its appearance and ability to function after refurbishing o Strength tenacity All fabrics used in the garment should have the same launder ability of the fabric to resist a pulling force also called o Care Elongation Elasticity Progressive Shrinkage ability to be stretched or lengthened defined by ability to repeatedly stretch and return to its original size used to shape garments and hold them close to the body Additional shrinkage beyond initial shrinkage the shrinkage that occurs during the laundering of a garment over time due to the relaxing of tensions applied during fabric manufacturing creases resist wrinkles snagging and pilling and withstand the heat of care process determines whether the garment maintains its original appearance Dimensional Stability The ability of fabric and garments to maintain their original
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