FASH 3515 - Advanced Buying and Planning

Fashion Merchandising
Previous Course Number: MNGT 317

Students will be introduced to the key financial metrics involved in buying and planning functions. Students will be assigned a buying responsibility for a department/category in order to develop a six-month plan that will include planning sales, markdowns, and receipts. Inventory planning methods will be used to determine stock levels needed to meet their departmental financial goals, including markup and turnover. Purchase orders will be created for a monthly buy and students will develop the initial pricing strategies, presentation for the product, in-season promotions, and markdown exit strategies for the buy.
credit(s): 3
Prerequisite(s): FASH 1210, FASH 2560, TECH 1310