Question and Answer about Garments technology part 5
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41. What are the different types of order in garments sector ?
Ans: # FOB - Free on Board order
# FOA - Free on Air
# C&F - Cost and Freight
# CIF - Cost, Insurance and Freight Order
# CIFC - Cost, Insurance, Freight and Commission order
# CMT - Cutting , Making, Commission order
# CM - Cost of Making
# Sub-Contract order
42. What do you mean by FOB order ?
Ans: This is the export term of delivery and price quotation. The sellers send the goods for export and delivers them on boat ( Ship ) . The risk is passed from seller to buyer when the goods are loaded in the ship at the port of departure, The buyer pays the freight charges. The seller does not include the freight charge with his costing .
43. What do you mean by FOA order ?
Ans: The seller delivers the goods to the Air carrier at the air port of departure. The buyer bars the risk from that moment and pays the air transport cost. The seller bears the cost of materials and making, does not include air freight.
44. What do you mean by CM order ?
Ans: In this case, The buyer fixes the rate of CM only with the factory. So the seller does not add the price of fabric and trimmings with his costing, But at L/C buyer gives all money to the factory. The factory collects only CM money from the bank. Balance money return to the fabric and accessories supplier.
45. What do you mean by Sub-Contract order ?
Ans: It is an indirect order, The order is received by another factory and when it is not possible to meet for that factory to complete the production within on time, In that case they share the order with other factory by giving sub-contract, The sub-contract factory only gets the CM charge by local money from the order taken.
46. What do you mean by L/C ?
Ans: L/C means latter of credit. It is important document, Which is used for doing the business , Where bank is responsible for payment in favor of sellers. It is for opening a credit ( L/C ) in favor of exporter by importer to make payment on fulfillment of conditions within given time.
47. What do we mean by Shipping order ?
Ans: It is a document issued by the shipping line intimating the shipper about the reservation of space for shipment of cargo through a particular vessel from a specified port and on a specified date.
48. What is Style ?
Ans : A style is a type of product that has one or more specific features or characteristics that distinguish it and make it different from other product of the same type. EG: A crew neck is one style of neck line and a turtle neck is another style.
49. What is consumption ?
Ans : In the garments trade , Consumption menas quantity of raw materials with a view to determine the price of a garments. In order to calculate the above quantity how much fabric, Sewing thread, Button, Label, Zipper and other accessories are required to produce a garments up to the exporting is called consumption.
50. What is Aplique ?
Ans : Additional fabric added in the face side of the garments for increasing the beauty of the dress which is called aplique.
41. What are the different types of order in garments sector ?
Ans: # FOB - Free on Board order
# FOA - Free on Air
# C&F - Cost and Freight
# CIF - Cost, Insurance and Freight Order
# CIFC - Cost, Insurance, Freight and Commission order
# CMT - Cutting , Making, Commission order
# CM - Cost of Making
# Sub-Contract order
42. What do you mean by FOB order ?
Ans: This is the export term of delivery and price quotation. The sellers send the goods for export and delivers them on boat ( Ship ) . The risk is passed from seller to buyer when the goods are loaded in the ship at the port of departure, The buyer pays the freight charges. The seller does not include the freight charge with his costing .
43. What do you mean by FOA order ?
Ans: The seller delivers the goods to the Air carrier at the air port of departure. The buyer bars the risk from that moment and pays the air transport cost. The seller bears the cost of materials and making, does not include air freight.
44. What do you mean by CM order ?
Ans: In this case, The buyer fixes the rate of CM only with the factory. So the seller does not add the price of fabric and trimmings with his costing, But at L/C buyer gives all money to the factory. The factory collects only CM money from the bank. Balance money return to the fabric and accessories supplier.
45. What do you mean by Sub-Contract order ?
Ans: It is an indirect order, The order is received by another factory and when it is not possible to meet for that factory to complete the production within on time, In that case they share the order with other factory by giving sub-contract, The sub-contract factory only gets the CM charge by local money from the order taken.
46. What do you mean by L/C ?
Ans: L/C means latter of credit. It is important document, Which is used for doing the business , Where bank is responsible for payment in favor of sellers. It is for opening a credit ( L/C ) in favor of exporter by importer to make payment on fulfillment of conditions within given time.
47. What do we mean by Shipping order ?
Ans: It is a document issued by the shipping line intimating the shipper about the reservation of space for shipment of cargo through a particular vessel from a specified port and on a specified date.
48. What is Style ?
Ans : A style is a type of product that has one or more specific features or characteristics that distinguish it and make it different from other product of the same type. EG: A crew neck is one style of neck line and a turtle neck is another style.
49. What is consumption ?
Ans : In the garments trade , Consumption menas quantity of raw materials with a view to determine the price of a garments. In order to calculate the above quantity how much fabric, Sewing thread, Button, Label, Zipper and other accessories are required to produce a garments up to the exporting is called consumption.
50. What is Aplique ?
Ans : Additional fabric added in the face side of the garments for increasing the beauty of the dress which is called aplique.
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