Fashion Buying: Introduction to the Role of a Buyer

Learn the essentials of what a fashion buyer really does and become a fashion buyer.

Fashion Buying: Introduction to the Role of a Buyer

Learn the essentials of what a fashion buyer really does and become a fashion buyer.
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About the Class

You will have the confidence to either embark on further study or take the steps to secure your first job as a fashion buyer.

Section 1: Introduction

Section 2:

  • You will learn the buyer's 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)
  • 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)
  • We will cover other staff roles in a buying department that works alongside a buyer

Section 4:

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

Section 5:

  • You will gain an understanding of 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 an important financial part of a buyer's 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 buyer's role

Section 12:

  • You will gain tips on the best way to land your first role. We will cover work experience, qualifications, finding available positions, cover letters and CV presentation, and interview preparation for meeting with a company

By the end of this course, you will be in a position to understand what a fashion buyer does and will help you decide if becoming a fashion buyer is for you.

What will you learn in this course?

  • Know the real role of a fashion buyer
  • Know the skills required to succeed as a fashion buyer
  • The confidence to embark on a career as a fashion buyer

Who should take this course?

  • This course is suitable for students, recent graduates or people seeking a career change into buying
  • Suitable if you are seeking a short course on buying, to help you decide whether you embark on further study in buying

Author

Diane Curtis

Lecturer in Fashion and Online Retailing
Over 12 years experience in the corporate world working with leading international fashion brands.Appointed into management roles for over 9 years, working for fast paced leading retailer New Look (UK), Armani Exchange, Calvin Klein, Spotlight and French Connection in buying departments. 6 years’ experience in running my own businesses...

School

Diane Curtis's School

Requirements

You should have a pen and paper ready to take notes.

Class Contents

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What's Included

Language: English
Level: Beginner
Skills: Buyer, Retail Pricing, Fashion Buying, Fashion, Fashion Buyer
Age groups: 18+ years
Duration: 2 hours 50 minutes
26 Videos
4 Documents
4 Quizzes
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