Optimization of Production and Profitability Pure Silk and Real Zari Sarees: A Case Study from Kanchipuram’s traditional Handloom Industry

This study is focused on the production optimization and profitability of pure silk sarees with real zari, a traditional handloom industry in Kanchipuram, India. The sarees are valued for their intricate craftsmanship and cultural significance, and this study aims to identify strategies that can maximize profitability while keeping the artisanal quality and legacy of these sarees intact. Data was collected from a small handloom silk house in Kanchipuram, detailing the production of four distinct saree varieties over a 12-month period. The data was structured into a mathematical model using Integer Programming Problem (IPP) formulation. The study utilized Python to identify the most cost-effective allocation of resources and production volumes for each saree variety. Significant profit margins in saree varieties differed by the type of raw materials, production time, market price, and seasonally experienced fluctuations. For example, during certain periods of the year, like during festive and wedding seasons, certain quarters tend to gain higher profitability. Thus, it is necessary to conserve this traditional handloom craft that would make them economically viable while also paying reasonable wages to artisans, not losing cultural heritage. MATHEMATICS SUBJECT CLASSIFICATION: 90C10, 90C57