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Garments and Textile ERP Developed by Babylon

Garments and Textile ERP Developed by Babylon

We sale garments and Textile ERP for rmg factories in Bangladesh and abroad. NewGen have developed the flowing modules

Modules
 Organization
 Profile
 Recruitment
 Attendance
 Leave
 Performance Management
 Training & Development
 Disciplinary Action
 Payroll
 Global HR Settings
Organization
 Hierarchy Of Organization
 Division
 Department
 Section
 Line
 Organogram
 Can Upload Useful File In each Level
 Move Position From one level to another level
 Shows Budget and Current Employee In Each Level Of Organization.
Profile
 Information Store both Bangla and English
 Employee Validation Implemented From Profile
 Can Update Current Employment information
 Employee Contact, Employee Qualification, Job Description, Employment History, Nominee Info, Profile Picture, Logistic Info, Training Info, Employee Financial Accounts, Employee Content, Employee Process can be add/Update from Profile
 All Kind Of Previous Report Like Appointment Letter, Joining Letter, Id Card, Medical Test Report, Skill Test Report Can Be Found From Profile
Recruitment
 Job Requisition
 Job Posting
 Create Applicant
 Search Applicant And Create Report About Applicant With Different Query
 Different Phase Of Recruitment
 Collect Information By HR
 Medical Test By Medical Team
 Skill Test By R&D
 Salary Negotiation
Recruitment Reports
 Reports for different query for applicant
 Medical Test Report
 Skill Test Report
 Appointment Letter
 Joining Letter
 Reject Applicant Report
 New Employee Report
 Job History
 Confirmation Letter
 Monthly Migration Report
 Resigned Report
 Lefty Report
 Terminated Report
Attendance
 Manual & Auto attendance of employee
 Over Time
 Extra Overtime
 Attendance Bonus
 Holiday Overtime
 Employee Preference
 Roster Preference
 Day Preference
 Designation Preference
 Organization Preference
 Manual Entry Employee Log
 Show live In/Out status of any level of organization for automatic attendance system
Attendance Report
 Daily Absent Report
 Daily And Monthly Absenteeism
 Daily Late Report
 Holiday Work Summery
 Job Card
 Two Days Report
 Three Days Report
 Section wise Strength
 In Attendance Missing
 Out Attendance Missing
 Holiday Overtime Ledger
 Daily Early Out Report
 Monthly Late, Absent, Early Out, Leave, Half day Summery
 Monthly Attendance Summery
 Extra Overtime Payment Sheet Ledger
Leave
 Employee can directly apply leave through web portal
 To apply leave for worker there is a sub module for Leave Admin who can apply leave on behalf of the worker.
 Search leave with different queries.
Leave Reports
 Leave Summery Report(Probation)
 Leave Summery Report(Permanent)
Performance Management
 This Module Needs the Following:
 Requirement Gathering
 Requirement Analysis
 Development
 Testing
 Implementation Challenge
Training & Development
 This Module Needs the Following:
 Requirement Gathering
 Requirement Analysis
 Development
 Testing
 Implementation Challenge
Logistics
 Add Car, Computer, Credit Card, Id Card, Laptop, Proximity Card From Logistic Module.
 Many More Logistic Item Can Be Added From This Module If Configured
 Search Logistic Item With Different Queries.
Logistics Reports
 Print Staff Id Card
 Print Worker Id Card
 Print Proximity Card
 Lost Card Info
Payroll
 Pay grade
 Increment
 Arrears
 Salary(All Benefit)
 Loan
 Advance
 Absent Deduction
 Leave Without Pay
 Stamp Deduction
 Other Deduction
 Over Time Amount
 Extra Overtime Amount
 Mobile Allowance
Payroll Reports
 Pay Slip
 Salary Sheet(Worker And Staff)
 Salary Sheet(Manager)
 Bank Salary Sheet
 Payroll Configuration Report
 Tiffin Report
 Holiday Benefit Statement(Staff)
 Holiday Benefit Statement(Worker)
 Extra Overtime Payment Sheet
 Salary Man Power
 Monthly Extra Overtime Statement
 Monthly Attendance Bonus Statement
 Monthly Overtime Statement
 Salary Statement
 New Employee Salary Status
 Salary And Extra Overtime for staff, worker, manager.
 Salary+OT+EOT+Holiday OT+Staff Bill
Global HR Setting
 Why We Need This Module???
 To set skill type
 To set termination type
 To set termination reason
 To set position type
 To set leave Reason
 To set leave types
 To set public holidays
 To set logistic type
 To set process grade and benefit.

Additional Necessary Reports
 Audit Reports Generation
1. Job Card
2. Attendance Reports
3. Salary Sheet
Total Report Status
 Report status
 Total HR report – 85 reports
 Not required – 03 reports
 Actual HR report – 82 reports
 Completed report – 49 reports (Out of 85)
 Additional report – 07 reports
 Total completed report – 56 reports
 Under development – 33 reports
Parallel Development After Implementation
 Festival Bonus
 EL Benefit
 Recreation Allowances
 Contributed Provident Fund
 Gratuity Provision
 Service Benefits
 Reports(33 Reports)
 Corporate salary (Grade is not assigned)
 Security salary (Audit Mode Roster setting)
 Final settlement(Report is under development)
 Maternity benefit payment sheet
 Half salary sheet
 Performance management system
 Training & Development
 Disciplinary action

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What Is the Meaning Of CNF In Shipping?

What Is the 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.

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.

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What is Logistics?

Logistics is the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods, including services and related information, from the point of origin to the point of consumption. The goal of logistics is to successfully meet customer requirements. This definition includes inbound, outbound, internal and external movements.

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What is Letter of Credit ?

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.

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Method of Garments Costing for Polo Shirt

Polo Shirt

Introduction:
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.