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Financial management is crucial to the operation of any business. In the garment industry, the costs of materials and labor must be optimized for profit.
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∙ 9y ago
Financial management is essential in the garment industry to ensure proper budgeting, cash flow management, inventory control, and cost control. It helps in monitoring expenses, setting prices, and making strategic decisions to improve profitability and sustainability of the business. Additionally, financial management helps in securing funding and investments for expansion and growth.
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What is the role of merchandiser in garment industry?
In garment industry, merchandiser is the BRIDGE between the management (or) industry and the buyer. He has to look after every job, like buying the raw material , making the garment, finishing the garment, documentation (overall view), finally shipping. The merchandiser creates a good relationship between exporter & buyer.
Informal sector in garment and textile industry?
Informal sector in garment and textile industry?
Advantage and disadvantage of incentive in garment industry?
what are the advantages and disadvantages of incentive in garment industry ?
Do you have any notes on time study in garment industry?
Notes on history of time study in garment industry
The most complete management flowchart of garment industry?
Can you please help me for my assignment? I want the details of operation break down & flow chart
What type of software are used in garment industry?
The garment industry is a large and demanding industry in which the main issue of managing stocks according to the season. Apart from this, additional management is required as there are several categories like brand, color, size or price, etc., which need to be differentiated. Garment software plays an important role in this. And, it establishes business in this growing industry. It monitors every aspect of the Garment industry and automates everything from procurement, sales to inventory, billing, and delivery, and provides efficient management. Using Garment software enables businesses to- Purchase Cross Check Re-Order Management Maintain an accurate inventory making orders and deliveries easier Keep on top of the bank balance Monitor receipts and payments Quickly chase outstanding debts Plan cash flow and monitor actual against forecast positions Interpret business and trading conditions Provide business information to back up requests for finance For more details, kindly visit SWINDIA.
What is the role of merchandising manager in garment industry?
The merchandising manager is one of the most important positions in the garment industry. They are the ones in charge of branding for stores and designers.
What is the number of Bangladesh in the garment industry?
4.62 in 2019
Example of divisional organization structure?
garment industry?
What is pp sample in garment industry?
Production Planning
How do you convert fabric to garment?
small scale industry
What country has the largest garment manufacturing industry in the world?
China
