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 … [Read more...] about Standard Minute Value: SMV in Garments, Calculation, Importance