BUF 2255 Merch Planning & Buying Course Description
This course provides an in-depth understanding of modern inventory control systems and sales records. It covers topics such as the retail method of inventory, operating statements, planning techniques, and mark-up and markdown calculations. The course emphasizes the mathematical concepts, techniques, and analysis essential to buying and planning. Through interactive learning techniques, students will learn how retailers maximize return on investment by planning sales and inventory to increase profitability. The course also highlights the importance of maximizing sales potential and minimizing losses from markdowns and stockouts. Students will gain knowledge of the financial operations of retail merchandising and be able to apply these principles in basic computer-simulated situations.
BUF 2255 Merch Planning & Buying Course Syllabus:
BUF 2255 Merch Planning & Buying Course Major Projects and Assignments:
