Standard Minute Value: SMV in Garments, Calculation, Importance:-
Standard Minute Value: SMV in Garments, Calculation, Importance:-
The term Standard Minute Value – SMV is mostly used in the garments industry. It is a process of time study and measure standard minute and then calculates the SMV. The calculation of SMV is actually done by the Industrial Engineer. Generally, SMV indicates the time taken to make garments by the workers using the right types of machinery. In the garments factory, you may find that many people used to the SAM – Standard Allowed Minute which is the same as SMV. SMV varies garments to garments, style to style, factory to factory. Management and buyers ask for SMV and it is the responsibility of the IE department to calculate SMV and give it to the respective parties. Here in this article, I will share details of Standard Minute Value: SMV in Garments, Calculation, Importance with a practical example.
Standard Minute Value: SMV in Garments, Calculation, Importance:
Industrial Engineering is concerned with the design, improvement, and installation of an integrated system of men, machinery, and materials. SMV is one of the most important tools used by IE.
Standard Minute Value - SMV in Garments, Calculation, Importance
The Main Objective of Industrial Engineering
*To Increase Productivity
*To eliminate waste and non-value added activities
*To come up with the optimum use of scarce resources that would bring out the best results.
Importance of SMV in the Apparel Industry
The reason Why we use SMV in Garments Factory is given below
•SMV is calculated for doing costing of garments
•It is used for calculation of target and set the right target
•For Calculating the Efficiency of workers
•SMV is calculated for making a plan and take effective factory production decisions.
For Calculating SMV – Standard Minute Value in Garments you must have a proper idea of machine operating procedure and working process of workers. Close observation of Industrial Engineer is required to calculate the right SMV for a particular product or style in your factory.
Basically, SMV is the sum of the basic time requirement and allowance applicable to it. Normally allowance is given at the rate of 10% based on efficiency.
Formulas of Calculating SMV
SMV in Garments Formula
Calculation of SMV in Garments
SMV = (Basic Time + Allocated Allowance)
The formula of Basic Time = Observe Time x Rating Factor
Basic Time
Basic time is the most likely time required to make garments considering observe time and applicable rating factors.
Observe Time
Time is taken to do work when an observer is observing closely and record the worker’s work speed.
Calculation of Observe Time = Total Cycle Time is divided by Number of Cycle
Cycle Time
Cycle Time is the time between starting a garment manufacturing and finishing of those garments.
Rating Factor
The rating factor is assigned based on an evaluation of worker performance which is conducted through eye judgment. A worker can be fast, slow and rating is on a scale of 100% to lower.
Costing SMV is calculated for sending SMV information to buyers. Normally 5% additional time is added with the actual SMV.
Costing SMV = Actual SMV + (Actual SMV x 5%)
Example of Calculation of SMV in Garments
Suppose for making a product the following assumption is there
Observe Time = 25 Minutes
Rating of Operator = 80%
Considering Allowance = 10%
Basic Time = 25minutes x 80% = 20 minutes
Allowance = 20 x 10% = 2 Minute
So, SMV = 20 minutes + 2 minutes = 22 minutes for making a particular garments product



Comments
Post a Comment