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Lecture Management of retail buying
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Lecture Retailing management (6/e): Chapter 13 - Merchandise planning. This chapter presents the following content: Types of buying systems, factors determining backup stock, basic stock list, order point, calculating the order point, shrinkage,...
53p
lovebychance01
25-04-2021
17
3
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Lecture Retailing management (6/e) - Chapter 14: Buying merchandise. This chapter presents the following content: Merchandise branding strategies, private labels, manufacturer (national) labels, buying from vendors of national brands, going to market for national brands,...
59p
lovebychance01
25-04-2021
27
3
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In this chapter, you will learn about: The responsibilities of buyers & merchandise managers, skills & personality traits for success in this field, how different types of stores are organized to meet their buying needs, the pros and cons of centralized merchandising, opportunities for women in this field.
7p
nanhankhuoctai1
29-05-2020
17
5
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In this chapter, you will learn about: The different types of brand identification, their potential benefits & challenges, the importance of private-label merchandise in today’s marketplace, theories about the optimum breadth & depth of assortments,...
5p
nanhankhuoctai1
29-05-2020
23
5
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In this chapter, you will learn about: Factors to consider in vendor selection, ethics & social responsibility in retail, how & why to reevaluate current vendors, types of vendors to choose from, how management policies impact vendor selection.
6p
nanhankhuoctai1
29-05-2020
51
5
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In this chapter, you will learn about: The different types of buying groups; the functions, services, & programs typical of these buying groups; the role of centralized buying in group purchases; the detailed activities involved in the buying-selling cycle.
9p
nanhankhuoctai1
29-05-2020
16
4
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In this chapter, you will learn about: How retailers & their research teams decide what motivates consumers; how economic & social trends impact consumer preferences (& therefore, retail buying); where to find both internal & external data that can help forecast demand for products.
5p
nanhankhuoctai1
29-05-2020
22
4
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In this chapter, you will learn about: How budgets are determined (& checked periodically) for a buying season or dept, stockturn & how to determine the productivity of the merchandise as an investment, staple stock controls, or how stores ensure their basics & best-sellers are always available,…
5p
nanhankhuoctai1
29-05-2020
23
4
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In this chapter, you will learn about: SKU numbers, bar codes, & radio frequency identification; point-of-sale terminals & systems; electronic shelf labeling; quick response & efficient customer response; electronic data interchange & extensible markup language.
5p
nanhankhuoctai1
29-05-2020
20
4
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In this chapter, you will learn about: The proliferation & importance of imported products, gray markets, consumer attitudes about american-made versus foreign-made goods, finding international vendors & intermediaries, shipping costs & getting goods through U.S. customs.
7p
nanhankhuoctai1
29-05-2020
22
4
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In this chapter, you will learn about: Market locations & buying trips; selecting new items; how items fit into the store’s stock plans; buying job lots, irregulars & off-price merchandise; developing product specifications; environmental considerations.
5p
nanhankhuoctai1
29-05-2020
28
4
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Lecture Management of retail buying – Chapter 11: The buyer’s order and vendor relations. In this chapter, you will learn about: Order placement & accuracy, types of orders, follow-up & receipt of goods, typical vendor services, protecting yourself from unethical practices, retail education & regulation.
5p
nanhankhuoctai1
29-05-2020
39
4
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In this chapter, you will learn about: Profit margin controls, calculating initial markup & required markup, determining profitability of a department or store, pricing individual items, price line structures, markdowns & closeouts, calculating profits, a retail buyer’s role in the selling process.
5p
nanhankhuoctai1
29-05-2020
36
4
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Lecture Management of retail buying – Chapter 10: Negotiating the buy. In this chapter, you will learn about: Price negotiation, types of discounts, the services included (or not) in a final price, shipping & insurance options, advertising & markdown allowances.
7p
nanhankhuoctai1
29-05-2020
26
3
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