Foundations of Buying & Merchandise Planning

$495.00 excl GST

 

The aim of this course is to cover the theory behind the tasks and decisions taken at each stage of the product lifecycle as well as key retail financials, markdown and promotions and how to manage suppliers.

Description

Course Objectives

By the end of this course you will be able to:
• Recognise how the buyer and planner work collaboratively
• Define how to develop a pre-season financial plan for a
category
• Demonstrate the considerations in planning a range and the importance of the customer
• Evaluate the impact of markdown on sales & profits
• Demonstrate how to best manage and align suppliers to a
category

Course Modules

  1. The world of buying & planning
  2. Pre-season planning
  3. Maximising sales & profits
  4. Managing suppliers