FMGT 3383 Fashion Operations Management II
This course continues work begun in
FMGT 3355 Fashion Operations Management I. In this class more emphasis will be placed on retail promotional pricing techniques (temporary and permanent markdowns), maintained markup and cumulative markup. Students learn how to develop a buying plan (financial tool used to monitor sales goals, stock levels, markdowns and open to buy). Students also learn advanced distribution analysis using assortment plans, inventory management and other stock monitoring techniques. The course will also continue the vendor/retailer relationship with greater detail on invoice management.