A Buyer's Life

- Buying vs. Planning
- Who is the Customer?
- Projecting Sales thru Sales Trend Analysis
- Markdowns
- Stock Levels: Capacity, Stability, and Profit=Average Stock
- Inventory Turnover
- Stock to Sales Ratio Method of Inventory
- Weeks of Supply Method of Inventory
- Planning [...]
Visa längre beskrivning

- Buying vs. Planning
- Who is the Customer?
- Projecting Sales thru Sales Trend Analysis
- Markdowns
- Stock Levels: Capacity, Stability, and Profit=Average Stock
- Inventory Turnover
- Stock to Sales Ratio Method of Inventory
- Weeks of Supply Method of Inventory
- Planning Purchase Receipts
- Purchase and Pricing Strategies
- Classification, Identification, and Planning
- Assortment Planning and How Much to Buy?
- Open to Buy and Vendor Negotiation
- A Report Card: Gross Margin and Contribution
- Practice problems incorporating a variety of products from apparel to paper towels
- Sample fill-in blank problems to allow student to practice step-by-step concepts before putting the whole concept together into a formula
- Case studies and real-life examples of various retail operations from department stores, specialty boutiques
- Excel formulas written in narrative and numerical formats
- Computer Application Assignments will ask students to apply the formula they've just learned and practiced to Excel
- Team decision making exercises simulate the real world experience cover topics such as markdown money allocation, open to buy allocation and style out decisions
- Instructor's Guide provides suggestions for planning the course and using the text in the classroom