Description: A Buyer's Guide to Retail Mathematics by Marla Greene You will learn the retail math skills needed to be a retail buyer, planner, or store line retailer. You will learn to master analyzing reports, working with vendors, the buying process, visualizing the presentation, competitive shopping, and more, to show you how critical the job is to a retailer. FORMAT Paperback CONDITION Brand New Publisher Description In A Buyers Guide to Retail Mathematics, you will learn the retail math skills needed to be a retail buyer, planner, or store line retailer. This includes the basic formulas that a buyer uses every day and how the formulas work together to maximize profitability. The book begins with the components buyers use for achieving gross margin and profit, followed by how pricing affects the profitability, the inventory amounts necessary for buyers to achieve their planned sales, and the six-month planning process. A description of the buyers job explains the variety of tasks a buyer is responsible for, including analyzing reports, working with vendors, the buying process, visualizing the presentation, competitive shopping, and more, to show you how critical the job is to a retailer.The text has real-life mathematical examples for various retail channels: department stores, off-price retailers, mass-market retailers, fast-fashion retailers, and more. Interviews in every chapter with buyers in the industry highlight situations faced within the industry. Math problems reflect the retailing skills you will need for retailers executive training programs. Case studies cover current industry issues and develop the critical thinking skills you will use as a buyer.STUDIO Features:-Excel Spreadsheet math problems for further practice problems-A selection of Self-Assessment Questions to test yourself on key concepts-A digital deck of Flashcards to review key terms and formulasInstructors Resources-An Answer Manual of the math problems showing step-by-step solutions-PowerPoint Presentations for each chapter-A Test Bank offering exams for each chapter Author Biography Marla Greene is an Associate Professor of Fashion Merchandising and Marketing at LIM College, NYC, USA teaching retailing, buying and planning courses. She has spent 27 years in the retail industry working as a Merchandise Manager/Buyer for Liz Claiborne Outlets, Belk stores, Ross stores and Kids "R" Us. She has taught for 15 years at LIM College coordinating the retail curriculum for all faculty and serves as the faculty advisor for the National Retail Federation Student Association (NRFSA) and as co-mentor for the Fashion Scholarship Fund (FSF) student case study competition. Table of Contents PrefaceIntroductionPart 1: Buyers Job1. Competitive ShoppingPart 2: Making a Profit2. The Elements of ProfitPart 3: Pricing Merchandise3. Retail Pricing Strategies and Markup Equations4. Basic Markup Equations to Use When Making Merchandise Decisions5. Markdowns: The Repricing of ProductPart 4: Inventory6. The Retail Method of Inventory7. Shortages and OveragesPart 5: Six-Month and Assortment Planning8. Six-Month Dollar Merchandise Plan9. Turnover, and Gross Margin Return on Investment10. Stock, or Inventory, Planning Methods11. Open-to-Buy and Purchase, or Receipt and Assortment PlanningPart 6: Invoice Mathematics: Terms of Sale12: Invoice MathematicsGlossary of FormulasGlossary of TermsSelected AnswersIndex Promotional You will learn the retail math skills needed to be a retail buyer, planner, or store line retailer. You will learn to master analyzing reports, working with vendors, the buying process, visualizing the presentation, competitive shopping, and more, to show you how critical the job is to a retailer. Details ISBN150135910X Format Paperback Author Marla Greene Year 2023 ISBN-13 9781501359101 Imprint Fairchild Books Subtitle Bundle Book + Studio Access Card NZ Release Date 2023-04-06 US Release Date 2023-04-06 ISBN-10 150135910X UK Release Date 2023-06-15 AU Release Date 2023-07-12 Publisher Bloomsbury Publishing PLC Publication Date 2023-06-15 Place of Publication London Country of Publication United Kingdom Illustrations No images Audience Tertiary & Higher Education DEWEY 658.87001513 We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:161573931;
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Book Title: A Buyer's Guide to Retail Mathematics
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