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Buying Assid]St

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|MDSE 4510 - ADVANCED BUYING, PLANNING, & ALLOCATION |
|Spring 2014 |

Lecture: Wed 6:00 – 8:50pm / Chilton Hall Rm
Instructor: Mrs. Tatyana Grant

Course Description: This course is an in-depth study into the areas of buying, assortment planning, and allocation.

Course Objectives:
1. Become familiar with the overall planning process, i.e. pre-planning, in-season, and post-planning activities.
2. Be able to create a “Bottom-Up” assortment plan to meet the financial plans provided from a “Top-Down” approach.
3. Learn how to work through complicated buying and planning issues by completing both quantitative and qualitative case studies.
4. Understand the steps involved in planning the sales, stocks, reductions, and purchases in a merchandise plan / OTB.
5. Become familiar with various allocation strategies employed by the retail industry.

PREREQUISITE: MDSE 3510 with a grade of C or better.

Textbook: (required) Clodfelter, Richard. Retail Buying: From Basics to Fashion (4th edition). New York, NY: Fairchild Books, Inc. ISBN: 9781609012779

ATTENDANCE:
Regular attendance is essential to developing and maintaining satisfactory academic progress in the class. Attendance will be taken every class period and 5 points will be added to your total course points for students with 3 or less absences. If you don’t sign the attendance sheet you are considered absent, period. All absences (illnesses; funerals; hospitalizations, overslept, etc.) are considered unexcused unless you provide me with a note from the Dean of Students.

COMMUNICATION :
Each student is responsible for

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