This course serves as an introduction to the role and responsibilities of the buyer in relation to merchandise planning and control. Sourcing negotiation strategies and current merchandising practices are explored via the case study methodology. Study of merchandising activities performed on the retail level including planning sales and assortments, selecting merchandise for resale, controlling inventories, and determining profit. Basic mathematical formulas involved in merchandising are practiced. Textiles in the Global Economy.
Emphasis is on U.S. textile complex within an international perspective.