What is CNF ? Meaning Of CNF In Shipping

What is CNF ? Meaning Of CNF In Shipping

What is CNF ? Meaning Of CNF In Shipping –

WHAT IS THE MEANING OF CNF IN SHIPPING

CNFInternational shipments get a little more complicated than domestic shipments. There are certain terms used to outline the cost the supplier or buyer pays regarding shipments.

If you see the three letters CNF together, with regards to shipping, the acronym stands for “Cost Net Freight.” It’s a shipping agreement where the seller pays for delivering the item to the port closest to the buyer, but it doesn’t include the cost of insurance. Therefore, the buyer must pay for the insurance from its point of origin to its final destination. If you see CIF, that’s like CNF but requires the seller to purchase insurance for shipping the item to the destination port.

Our complete services include:

• Local Custom Brokerage • Logistics & Distribution • Securing marine insurance • Reviewing all steamship lines (conference and non-conference) that service your required port. There view willinclude rate comparison, scheduling, capacity level & general capabilities of the various lines. • Rate negotiation on your behalf with ocean service and inlanddray. • Booking appropriate space. • Coordinating the receipt of goods from inland carriers at the port of exit or warehouse and issuing a Forwarder’sCertificate ofReceipt. • Issuance of Bill of Lading in accordance with the Letter of Credit and other specific instructions you may request. • Forwarding Per-advice to assigned agents at the port of destinat

Other shipping terms include FOB and EXW.

FOB stands for “Free on Board” or “Freight on Board.” This includes the cost of delivering items to the nearest port but then the buyer is responsible for shipping the rest of the way. EXW is known as “Ex-Works” or “the Ex-Factory price” and refers to just the cost of the product and nothing else. Therefore no shipping costs or export fees are included in this price.

When companies import items from other countries, they not only pay shipping fees, but also have to deal with things like import duties, docking charges and even fuel surcharges. There may also be warehouse storage fees involved, a customs clearance fee, or a “value added tax.” So, besides the CNF price, there are many other costs to importing products as you can see.

The United States exports and imports several trillion dollars of goods each year, and many of these goods go through the country’s seaports. The top 10 port complexes in the U.S. include Miami, Houston, and Los Angeles. Interestingly, Laredo, Texas makes the top 10, too, though it’s not a place the average American would think of as an international shipping powerhouse.

What is Letter of Credit?

What is Letter of Credit?

A letter of credit is a document from a bank that guarantees payment. There are several types of letters of credit, and they provide security when buying and selling.

Seller protection: If a buyer fails to pay a seller, the bank that issued a letter of credit will pay the seller if the seller meets all of the requirements in the letter. This provides security when the buyer and seller are in different countries.
Buyer protection: Letters of credit can also protect buyers. If you pay somebody to provide a product or service and they fail to deliver, you might be able to get paid using a standby letter of credit. That payment can be a penalty to the company that was unable to perform, and it’s similar to a refund, allowing you to pay somebody else to provide the product or service needed.

Unwrapping Ceremony Auto Magazine

CSR (Corporate Social Responsibility) initiatives are the part of regular activities of Babylon Group. Auto Magazine the in-house magazine of this group, is a successful example of CSR practices. This year the group has published the 12th edition of the magazine. And like last five years this year also the group has celebrated the unwrapping ceremony of Auto Magazine on  December at Tangail, one of the units of Auto Magazine, Dhaka. Along with Auto Magazine employees and writers of the magazine,Guest handed over awards to the best three writers from the last edition. Then the Chief Guest, accompanied by the directors, unwrapped the new edition of Auto Magazine with the rapturous applause of the audience.

Method of Garments Costing for Polo Shirt

Method of Garments Costing for Polo Shirt

Method of Garments Costing for Polo Shirt – A garments merchandiser is too much efficient who can make perfect costing of any garments. Costing is an important part of garments merchandising. Order profit is totally depends on it. As its importance on garments merchandising, today I will present an easy method of garments costing for knitted polo shirt.

You may follow How to Calculate Apparel Costing for T-Shirt?

Method of Garments Costing for Knitted Polo Shirt:
At the starting of garments costing for knitted polo shirt, a knit garments merchandiser should be known about the following matters:

Yarn Price ,
Knitting and Washing Cost,
Dyeing Cost,
Printing cost,
Embroidery Cost,
Cost of Making (CM),
Accessories Cost,
Commercial Cost,
Others Cost.
Important tips***

The second duty is to calculate the fabric consumption and costing.
Normally, we calculate the grey fabric consumption.
The third duty of a knit merchandiser is, all the required fabrics processing cost (knitting+ washing cost, dyeing cost) should be added with grey fabric cost. After that, we can achieve the actual fabric cost.
At last stage, all the others necessary cost should be added with actual fabric cost to achieve total cost of a garment.

Labor Rules

Corporate T&D department of Babylon Group conducted a day long workshop on Bangladesh Labor Rules-2015 on 17 October 2015. Md. Shah Alam, AGM-Corporate HR & Compliance and Certified Auditor of SA-8000 & IMS was key person of this workshop. Factory Concern person participated in this workshop to be more clear & conscious about newly published Bangladesh Labor Rules-2015.

What is Internal Quality Audit Management?

What is Internal Quality Audit Management?

What is Internal Quality Audit Management?

Internal Quality Audit

PURPOSE:

To carry out objective audits in order to determine if the quality management system has been effectively implemented and conforms to ISO 9001:2008 requirements. dddd

SCOPE:

Applies to internal audits performed on a periodic basis at Autogarments Ltd.

DEFINITIONS:

Audit:  Is a systematic and independent examination to a determine whether quality system activities and related result comply with planned arrangement and whether these arrangements are implemented effectively and are submit to achieve objectives.

Auditor: A person who has qualifications and is authorized to perform all or any portion of a quality system audit.

Audit Objectives:

To reveal deficiencies in the documented system

To reveal deficiencies in the implementation of the documented system

To constantly measure achievement in terms of management compliance.

To serve as a tool for corrective action.

To examine effectiveness of improved system

To identify opportunity for improvement.

Observation: A factual statement about a witnessed event.

Objective Evidence: Observations, statements of facts or the information contained in                   record that can be verified.

RESPONSIBILITY:

Management Representative is responsible for scheduling audit dates, selecting and assigning          auditors for audit quality elements of the standard at OFMA Camp.

PROCEDURE:

Internal audit will be done every elements of the quality management system twice in a year.

Audit may be done more frequently in particular area or all areas on the basis or previous audit results or importance of the processes.

Auditors shall not audit their own work.

Detected nonconformities shall be eliminated by the Management responsible for the area audited in accordance with the agreed completion date.

Follow –up audit shall be done to verify effectiveness of the action taken

All audit results will be reported to management.

Implementation:

Audit Plan and Scheduling

Management Representative shall plan, schedules and delegate           personnel to perform internal quality audits.

At the beginning of each year, Management Representative shall prepare two years audit plan or rolling basis.

Internal audits shall be carried on every element of the documented quality system at least twice in a year.

Audit schedule shall be notified in advance to the manager / head         responsible for the area or element to be audited.

Auditor Qualification and Independenc

Only qualified auditor shall participate in internal auditing.           Qualification may be obtained via training or experience.

Auditor shall be assigned such facilities for which they are not directly responsible to perform the activities being audited

Non-Conformity Recording

Non-conformity detected during audits shall be recorded in Non-     conformity Report (F-OFMA-02).

Reporting

Upon completion of the audit, a closing meeting shall be held between

The auditor(s) and the Manager / Head responsible for the area being               audited. At this time, any observation / Non-conformity detected during audit shall be brought into attention. A copy of the Non-conformity report (NCR) shall be forwarded to the Manager / Head of the area responsible for Non-conformity.

An audit report mentioning the date, area and person(s), quality element audited, shall be prepared by the respective department

and submit to the Management Representative.

Corrective Action

conformity is studied and corrective actions taken by the competent people of the department responsible for Non-compliance.

Follow-up audit on non-conformity after agreed period of corrective  action shall be performed by the same person(s) who conducted the audit or person(s) designated by the Management Representative

Implementation and effectiveness of the corrective action shall be verified and recorded through follow-up audits.

A report on follow-up audits will be prepared by the Management Representative for the top management.

Closing of Corrective action Request / Report

Management Representative shall close the Non-conformity Report upon receipt of follow-up audit report if corrective actions are implemented properly and found to be effective.

Record Retention

All audit reports shall be assigned by a unique number and relevant      records to be maintained period of two (2) years by the Management Representative.

Review/Check:

Management Representative shall annualize the trend of Non-conformity department and element wise upon completion of each audit using Internal Audit results analysis.

Internal auditors shall check for the following points during audit:

revious Non-conformities are closed and effective.

Audit being held as per approved plan and schedule.

Audit reports of previous audits are available at the department

activity and documented system.

Guidelines for Clothing Products of Drawcord

Guidelines for Clothing Products of Drawcord

Guidelines for Clothing Products of Drawcord –

All products with a drawcord must have a completed risk assessment sheet submitted with the pre-production seal (blank attached).

These guidelines are applicable to drawcords at;

Hood and neck openings

Cuff and ankle hems

Waists, both tops, bottoms and jacket hems

For drawcords in other areas, please refer to dept technologist for guidelines.

HOODS AND NECK OPENINGS

RIGID CORDS

Cords must not be continuous; either cut in half and re – joined by lockstitch (fig1), or the cord cut and sewn into a seam (fig 2).

Cord to extrude max 15cm when cord channel is fully extended (fig 3).

ELASTICATED CORDS

Cord to extrude a max of 10cm when cord channel is fully extended (fig4)

Cord must be looped back and not ‘dangle’ (fig4)

Low stretch elastic to be used – 75% stretch max.

CUFF AND ANKLE HEMS

Cord to extrude max 10 cm when cord channel is fully extended (fig 5 &6)

Cords must not be continuous; either cut in half and re-joined by lockstitch (fig1), or the cord cut and sewn into a seam (fig 2).

WAISTS

Cord to extrude max 25cm when cord channel is fully extended fig 7 &8)

Cords must not be continuous; either cut in half and rejoined by lockstitch (fig 1 ), or the cord cut and sewn into a seam (fig 2)

Where this is not possible due to product/machinery limitations ie: knitwear/bonadex elatication- please discuss with the relevant technologist and assess using risk assessment form.

Vision :  Our vision is to be a symbol of commitment, manufacture fashionable and quality knit products, delivery in a timely manner in regard to meet customer satisfaction and ensure the Socio-economic & Environmental standard in the company. To satisfy and retain customers through employee involvement, team work, personal excellence, approaches in our quest to become the leading manufacturer of Knit products.

Employment  policies : Auto  Fashions Ltd  abides  by  the  principle  that  decisions  on  hiring,  salary,  benefits,  advancement,  termination  or  retirement  are  based  solely  on  the  ability  of  an  individual  to  do  the  job.

Child  labor : Auto  Fashions Ltd  abides  by  the  principle  of Child Labor . Auto  Fashions Ltd  does  not  employ  any  person  Child  labor  to  produce  apparel,  accessories  or  equipment.

Forced  labor : Auto  Fashions Ltd  does  not  use  forced  labor  in  any  form :- prison,  indentured,  bonded  or  otherwise.

Discrimination :  There  shall  be  no  discrimination  based  on  race,  gender,  marital  or  maternity  status,  religious  or  political  beliefs,  age  or  sexual  orientation.

OTHER CONSIDERATIONS

Toggles – avoid potential risk of swallowing by children, toggles must constructed in a manner that will not break or separate and must be securely attached so cannot be parted from the garment.