WSQ Competency Standards & Codes  

:

Perform Fashion Retail Merchandise Buying for textile & fashion industry (TF-MM-404E-1)

Course Duration

:

Training - 24 Hours  - 3 Full Days
Assessment – 3 Hours

Time

:

9.00 am – 6.00 pm

Course Fees

:

Actual Cost

SPUR Funding*

Amount to Pay

S$1099.00

S$990.00

S$109.00

* 90% SPUR funding applicable for Singaporean and PR

Skills Redevelopment Program (SRP) – for employees sponsored by organizations.

Revised Absentee Payroll Funding Rates under SPUR w.e.f. 15 May 2009

40 years & above with “A” levels & below
qualifications

Others

AP for training during and outside working
hours

90% of hourly basic salary (capped at $10 per trainee-hour)
$10.00 /hr

80% of hourly basic salary (capped at $10per trainee-hour)
S$10.00 /hr

Course Description

Singapore has undergone a dramatic change in recent years and is bracing itself for the challenges that lie ahead particularly with the upcoming two integrated resorts targeted to open in 2009/2010.   Consumer sentiments are upbeat. Retailing and tourism are expected to be springboards of economic growth. Shoppers will be varied as they come from different nationalities.  This will present a more challenging role for buyers/sales personnel who must ensure that the merchandise mix in-store satisfies new and divergent consumer needs

Who Should Attend

Assistant Merchandisers, Buyers, Sales Supervisors, Store Managers

Objective

This module aims to provide the trainees with:

• An understanding of various concepts, philosophies and theories of  retail buying and management of merchandise and inventory
• A practical approach to purchasing for executives within a retail environment
• Planning, execution, and evaluation of purchases to meet consumer needs in a highly dynamic retail setting
• Practical application of mathematics in retail buying
• An entrepreneurial view of purchasing to maximize corporate productivity