Become a fashion buyer - learn the essentials

Become a Fashion Buyer - Learn the essentials.

This course will help you decide if becoming a fashion buyer is for you, and it will help you understand the key tasks of a fashion buyer and the skills required to become a successful fashion buyer.

By the end of this course you will be in a position to understand what a fashion buyer does. You will have the confidence to either embark on further study or take the steps to securing your first job as a fashion buyer.

Section 1:

Introduction

Section 2:

• You will learn the buyers main responsibilities
• You will gain an understanding of the key areas a buyer is evaluated on in their role (otherwise referred to as KPI's or key performance indicators), and
• You will understand the key skills required to be successful in this role.

Section 3:

• Structures of buying departments are discussed – from small to large sized businesses , different types of buying roles (brand buyers to product developers) and
• We will cover other staff roles in a buying department that work alongside a buyer.

Section 4:

• You will understand the steps involved in planning a fashion range

Section 5:

• You will gain an understanding on various sources used in predicting fashion trends for your fashion range and a checklist is provided for you to create your own trend board.

Section 6:

• You will gain a good overview of the financials involved in planning a fashion range, and gain an understanding of the considerations to factor in when building a fashion range.

Section 7:

• You will understand what to look at when sourcing a fashion supplier, how to evaluate a supplier and understand the different types of suppliers.

Section 8:

• Understand the steps involved in negotiating with a supplier.

Section 9:

• You will understand the term landed cost price and how this is calculated.
• You will also understand the importance of strategies involved in setting the retail price.
• Gross Profit calculations are also included in this section as it is important financial part of a buyers role.

Section 10:

• You will understand the fundamental analytical functions in a buying department and gain an understanding of what an open to buy is.
• There will be basic calculations and examples of an OTB.

Section 11:

• You will gain an understanding of the key sales reports reviewed in a buyers role.

Section 12: