The Science of Profit: CGTI Empowers Merchandisers with Apparel Costing Expertise
In the competitive world of global fashion, a garment’s success isn’t just decided by its design, but by its price tag. To equip the next generation of industry leaders, the Cambodian Garment Training Institute (CGTI) has highlighted the importance of its Materials and Apparel Costing module, a core component of the Advanced Diploma in Apparel Merchandising (MR).
From Fabric to Finance
Calculating the price of a single t-shirt involves a complex web of data. Students in this module dive deep into the technicalities of:
- Consumption Analysis: Learning to calculate exactly how much fabric, trim, and accessories are needed to minimize waste.
- Labor & Overhead: Accounting for every minute of production time and factory operational costs.
- Pricing Strategies: Developing competitive quotations that ensure profitability while appealing to international buyers.
Why This Skill Matters
For a garment factory, an error of just a few cents in costing can lead to massive financial losses when scaled to thousands of units. By mastering these techniques, CGTI students provide:
- Financial Accuracy: Protecting businesses from unexpected losses.
- Market Competitiveness: Helping Cambodian factories win contracts in local and international markets through precise quoting.
- Production Efficiency: Understanding where costs can be controlled without sacrificing quality.