1.INTRODUCTION
ABOUT THE COMPANY
M.R.K Apparels is a company that manufactures as well as exports garments and it was established in the year 1987.The proprietor of this company is Mr.S.Raju. He began export in the year 2004 and the company has been in the field of export for ten years with a good progress. From the beginning, the Company is producing a wide variety of garments clothing for men, women, boys and infants. The Company is located in Tirupur consisting of well-qualified professionals in the field of managing and merchandising with advanced technology, qualified technicians, skilled workers and especially a comprehensive quality management system. They support a well-defined system of management with a swift response and decision-making
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They are as follows:
COMMERCIAL INVOICE
The proforma invoice is prepared by the company and sent to the buyer for getting the order. Once the order is placed by the buyer, he will request for an invoice and then the commercial invoice is prepared and sent to the buyer. It contains the description of goods, quantity, value agreed per unit & total value to be paid.
PACKING LIST
It shows the details of goods, usually inside the package. It includes an itemized detail of the package contents and does not include customer pricing. It serves to inform shipment agencies and buyers about the contents of package so that it helps them in dealing with the package.
CERTIFICATE OF INSPECTION
It describes that the goods have been inspected by a third party properly and indicates about the condition of goods to the buyer.
CERTIFICATE OF ORIGIN & GENERALIZED SYSTEM OF PREFERENCES
The Certificate of Origin states that the goods exported are originally manufactured in the country. The Generalized System of Preferences (GSP) certifies that the goods being exported have originated/ been manufactured in a particular country and it is mainly useful for preferential duty concession in countries forming European Union.The company gets this certificate from Textile
So other foreign countries have to purchase items that were manufacture in America because importing goods from Hawaii to
• Packaging: overall package is very basic with no signs of the brand’s logo or additional information • Expanding
The exportation of seal based products account for
1. Introduction Under Armour, Inc. (Under Armour) is a leading sports apparel and equipment manufacturing company founded in 1996 by Kevin Plank, a 23-year-old former University of Maryland football player.. He revolutionized the sports apparel industry by creating a superior, moisture-wicking, performance T-shirt, made of synthetic fabrics. Under his leadership, the company grew from a 17,000-dollar business in 1996 to a 4.83-billion-dollar empire. 2.
STUDENT NAME: - ANKIT ANKIT STUDENT ID: - C0721272 ASSIGNMENT:1 CASE STUDY ON Made in Brazil, worn in the Middle East: Exporting Footwear to New Markets (Brazil’s footwear industry) Question1). What advice on documentation requirement would you give a Brazilian footwear company who wants to export its products to Saudi Arabia? Answer) Advice on documentation requirement to Brazilian footwear company: - • Each consignment of imported merchandise must be joined by a certificate of conformity from an approved investigation organization. • All the norms of customs should be met so that the goods are not held in customs of either side of transaction.
In the startup phase of Lululemon Athletica they had a high bargaining power. This was due to a desire to work with leading fabric suppliers and increased investments. A majority of their apparel production was in Asia however they are willing to use Canada as well as the United States for production facilities as they are required. There are many suppliers competing for retailer’s business. Common materials used in apparel making such as rubber and cotton are readily available.
This was the medium constant development of high quality apparel, with attributes of customers’ feedback, to refine the clothing standard. 4.1.2 Product
3. Chapter 2 – Methodology 3.1 Introduction This chapter challenges all levels of knowledge, according to the ‘Bloom’s taxonomy’ method. Within this chapter the aim is to focus on a specific US clothing line called American Apparel, founded in 1989 by a Canadian named Dov Charney. Today, this company is based in all corners of the world, however its main quarters are in Los Angeles, California.
This new system is often referred to as the "flexible system of production" (FSP) or the "Japanese management system” (Mansfield; 1992).flexibility have been the dominant language of organization and economic change. “Flexibility within the market and between networks is facilitated by new forms of supplier relationships. This has been associated with the Japanese, derived just in time (JIT) system. This depends on a set of relations between large corporations and suppliers normally characterized by tightly controlled multiple sources through layers of subcontractors. In this system it
Firstly, by doing export process sales for that country will increase. Exporting process is a one way to expand business and increase company sales potential. It can help expand product or services that the company earn money form, otherwise the company stuck trying to make a money only in the local market. As example ‘The Tarik’, the Tarik one of the famous beverages in Malaysia but people from other country can get it at their own country. In this case we can see that globalization give an idea for local business to expands and sell the product to other country by doing export process and its became well known for a few country which Singapore, Indonesia, Europe and
In order to explicitly analysis the clothing industry, emphasis must be laid on Textile
QUESTION1 MULTILATERAL APPROACH TO INTERNATIONAL TRADE AS ADVOCATED BY THE WTO INTRODUCTION A multilateral approach is a treaty that refers to trade between numerous countries. It was the main activity associated with the 1947 GATT which took place during international conferences, whereby legislators came together to reject out and reach agreement on numerous trade issues. In total, there were 8 conferences under the former GATT. The first 6 of these conferences, ending with the Kennedy Round in 1967, concentrated mainly on tariff allowances.
Porters 5 forces on the Fashion industry 1. Rivalry amongst existing competitors. The leading competitors in the fashion industry world wide according to research carries out by mbasKOOL.com is: 5. Gap, 4.
Resource based view is the tool that is used in order to evaluate the resources that are important for the organisation to make their performance effective. It is regarded as a significant approach that is used by the organisation towards attainment of competitive advantage. The aim of this paper is to evaluate the resource based view literature and then applying the knowledge on the evaluation of a case study organisation. The selected organisation is Zara Fast Fashion, which is analysed with the help of use of RBV towards achievement of sustainable competitive advantage. The theoretical concepts of the resource-based view is analysed and applied on Zara as a real world example.
UNIQLO, 66-year-old Fashion and Retail industry was established in 1949 in Japan. It is a wholly owned subsidy which was bought by Fast Retailing Co Ltd since November 2005.With its head quarters in Tokyo it has managed to expand its clothing business in fourteen countries globally. An article from the Business Insider says that this Japanese chain has become the envy of retailers worldwide. It started in 1949 in Hiroshima as “Unique Clothing Warehouse”. The words were later joined to make “UNIQLO”.