Become A Fashion Buyer

Learn the essential tasks of a fashion buyer and skills required to secure your first role!

Last updated 2022-01-10 | 4.5

- Know the role of a fashion buyer
- Know the skills required to succeed as a fashion buyer
- The confidence to embark on a career as a fashion buyer

What you'll learn

Know the role of a fashion buyer

Know the skills required to succeed as a fashion buyer

The confidence to embark on a career as a fashion buyer

* Requirements

* Have a pen and paper ready to take notes

Description

Become a Fashion Buyer - Learn the essentials.

This course will help you decide if becoming a fashion buyer is for you, and it will help you understand the key tasks of a fashion buyer and the skills required to become a successful fashion buyer.

By the end of this course you will be in a position to understand what a fashion buyer does. You will have the confidence to either embark on further study or take the steps to securing your first job as a fashion buyer.

Section 1:

Introduction

Section 2:

You will learn the buyers main responsibilities
You will gain an understanding of the key areas a buyer is evaluated on in their role (otherwise referred to as KPI's or key performance indicators), and
You will understand the key skills required to be successful in this role.

Section 3:

Structures of buying departments are discussed – from small to large sized businesses , different types of buying roles (brand buyers to product developers) and
We will cover other staff roles in a buying department that work alongside a buyer.

Section 4:

You will understand the steps involved in planning a fashion range

Section 5:

You will gain an understanding on various sources used in predicting fashion trends for your fashion range and a checklist is provided for you to create your own trend board.

Section 6:

You will gain a good overview of the financials involved in planning a fashion range, and gain an understanding of the considerations to factor in when building a fashion range.

Section 7:

You will understand what to look at when sourcing a fashion supplier, how to evaluate a supplier and understand the different types of suppliers.

Section 8:

Understand the steps involved in negotiating with a supplier.

Section 9:

You will understand the term landed cost price and how this is calculated.
You will also understand the importance of strategies involved in setting the retail price.
Gross Profit calculations are also included in this section as it is important financial part of a buyers role.

Section 10:

You will understand the fundamental analytical functions in a buying department and gain an understanding of what an open to buy is.
There will be basic calculations and examples of an OTB.

Section 11:

You will gain an understanding of the key sales reports reviewed in a buyers role.

Section 12:

You will gain tips on the best way to land your first role. We will cover work experience, qualifications, finding available positions, cover letters and CV presentation, and interview preparation for meeting with a company.

Who this course is for:

This course is suitable for students, recent graduates or people seeking a career change into buying.
Suitable if you are seeking a short course on buying, to help you decide whether you embark on further study in buying
Please note: this course is probably not for you if you are seeking to learn more advanced and in depth studies on fashion buying.

Course content

12 sections • 36 lectures

Introduction 2 lectures

INTRO Preview 02:36

Introduction to Become a Fashion Buyer - learn the essentials.

Introduction Preview 03:27

This lecture outlines each section in the course.

Main responsibilities, KPI's and key skills of a fashion buyer. 4 lectures

Section2, Lecture 1: Buyers' main responsibilities Preview 05:21

This lecture details a buyers main responsibilities. After completing this lecture you will understand key tasks of a buyer.

Section 2, Lecture 2 Key performance indicators Preview 05:08

This lecture discusses the KPI's (key performance indicators) of a buyer. You will understand how buyers are evaluated.

Section 2, Lecture 3 Buyers' key skills Preview 03:34

This lecture discusses the key skills required to be a successful fashion buyer.

Role of a Senior Buyer Preview 00:00

Section 3: Company buying structures & different buying roles. 4 lectures

Section 3, Lecture 1 Structures in a buying department Preview 03:49

This lecture discusses the common company structures in buying departments

Section 3, Lecture 2 Different types of buying positions Preview 02:35

This lecture discusses the different types of buying roles

Section 3, Lecture 3 Other positions in a buying department Preview 05:34

This lecture outlines other positions in a buying department other than the buyer.

Job Descriptions

Browse buying jobs online in your marketplace.

Section 4: Planning a fashion range 2 lectures

Section 4, Lecture 1 Steps in planning a fashion range Preview 14:00

This lecture outlines the steps involved in planning a fashion range. You will understand the process of building a range.

First step in planning a fashion range

Section 5: Researching Fashion Trends 3 lectures

Section 5, Lecture 1 Sources to research fashion trends Preview 06:06

This lecture discusses the various avenues to research fashion trends

Section 5, Lecture 2 Mood boards Preview 03:58

This lecture discusses a mood board and a checklist on creating the perfect mood board.

Upload your mood board inspiration here

You can upload your mood board here

Section 6: Building a fashion range using financial details 2 lectures

Section 6, Lecture 1 Financials in building a range Preview 14:34

This lecture details all the factors to consider when building a fashion range. It also details the financial considerations.

Analysing and applying what you learned

Select one item that can be found at a department store that sells womenswear.

Section 7: Suppliers 3 lectures

Section 7, Lecture 1 How to select the right supplier Preview 05:51

This lecture discusses the points to consider when selecting a supplier.

Section 7, Lecture 2 Measuring supplier performance Preview 02:09

This lecture discusses measuing the effectiveness of a supplier.

Section 7, Lecture 3 Types of suppliers Preview 03:06

This lecture covers the different types of suppliers.

Section 8: Negotiating 1 lectures

Section 8, Lecture 1 Steps in negotiation Preview 08:20

This lecture discsses the steps to negotiating with a supplier.

Section 9: Cost Prices, Retail Prices, Markups and Gross Margins 6 lectures

Section 9, Lecture 1 Landed cost prices and calculations Preview 04:05

This lecture discusses the term landed cost price and calculations are provided to work out landed costs. You will understand the term landed cost price and how to calulate this.

Landed Cost Price

What is landed cost?

Section 9, Lecture 2 Retail pricing strategies Preview 06:01

This lecture discusses different retail pricing strategies to entice a customer to purchase.

Section 9, Lecture 3 Markups and gross margin calculations Preview 08:45

This lecture discusses gross profit and measuring it through mark-ups and gross margin percentage formulas. You will understand how to calculate mark-up numbers and gross margin percentages.