Standard Minute Value
Standard Minute Value: SMV in Garments, Calculation, Importance
The term Standard Minute Value – SMV is mostly used in the garments industry and it is a common measurement calculated by the Industrial Engineer. Generally, SMV indicates the time taken to make garments by the workers using the right types of machinery. In garments factory, you may find that many people used to the SAM – Standard Allowed Minute which is 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.
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 a 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 decision.
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 the efficiency.
Formulas of Calculating SMV
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 taken to do a 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 garments manufacturing and finishing of those garments.
Rating Factor: 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
SMV Calculator
You can use the following calculator to quickly calculate smv of a garments.
Input
Observe Time*
Rating Factor*
Allowance*
Output
Standard Minute Value (SMV)
0
Calculation of Capacity of Single Operator in Garments
If an operator works for 10 Hours a day
30 minutes to make a product
Capacity = (1 operator x 10 hours x 60 minutes)/30 Minutes = 20 Pieces of Garments by an operator
If you assign 100 operators then your capacity will be = 100 operators x 20 pieces = 2000 pieces a day
Calculation of Efficiency Percent
SMV 22 Minutes
Working Hours 10 a Day
Number of Operators 100 person
Actual Production 2000 pieces
Efficiency
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