Merchandising Math
Name:
Merchandising Math
Date:
September 3, 2020
Time:
5:30 PM - 6:45 PM PDT
Event Description:
COURSE TOPICS
• BASIC MERCHANDISING MATHEMATICS
• PROFITABILITY
• COST OF MERCHANDISE
• MARK-UPS & SELL-THROUGH
• RETAIL PRICING & BUYING
• INVENTORY VALUATION
• OPEN-TO-BUY
• ASSORTMENT PLANNING
Understanding basic merchandising mathematics is essential in order to carry on successfully the daily operations of any retail business, not just fashion. Every merchant in every store, no matter how large or small, should be familiar with basic merchandising mathematics. To operate a profitable business you must be able to work effectively with numbers, visualize numbers quickly, but also know how to plan and react to micro and macro conditions of the market. This includes the mathematics, but also helps you learn how to understand your consumer, forecasting the market, inventory assortments, branding, and valuation.
• BASIC MERCHANDISING MATHEMATICS
• PROFITABILITY
• COST OF MERCHANDISE
• MARK-UPS & SELL-THROUGH
• RETAIL PRICING & BUYING
• INVENTORY VALUATION
• OPEN-TO-BUY
• ASSORTMENT PLANNING
Understanding basic merchandising mathematics is essential in order to carry on successfully the daily operations of any retail business, not just fashion. Every merchant in every store, no matter how large or small, should be familiar with basic merchandising mathematics. To operate a profitable business you must be able to work effectively with numbers, visualize numbers quickly, but also know how to plan and react to micro and macro conditions of the market. This includes the mathematics, but also helps you learn how to understand your consumer, forecasting the market, inventory assortments, branding, and valuation.
