WSQ Manage Product Categories for Fashion Enterprise

­­This module will equip you with the skills to turn your products into profit through developing strategies that meet consumer demands. Using a systematic and disciplined approach, learn how to manage product categories in the retail industry. This calculated business strategy is especially important for those in buying roles. This course will allow you to further learn the skills needed to create profitable merchandise assortment to meet customers’ demands.

 

Objectives

  • Research on series of considerations a buyer must process when budgeting and planning categories
  • Present the rationale behind category management, how it helps rationalize products offered to the customers and supports profits for the retailer
  • Develop a category management strategy that supports a fashion entrepreneur market positioning
  • Develop a merchandise category product plan suitable for a target market in the fashion industry
  • Create a marketing plan to support the category strategy for a fashion enterprise
  • Evaluate the weekly sales report to monitor the merchandise category
  • Track the merchandise category performance and make recommend necessary actions

Entry Requirement

Singapore/PR Students:

  • GCE ‘O’ Level with 3 credits including English and Mathematics OR
  • WSQ Advanced Certificate OR
  • WSQ ES WPLN Level 5 and above

 International Students:

  • High School Diploma equivalent to GCE ‘O’ Level with 3 credits including English and Mathematics OR
  • Qualifications from professional institutes may be considered on a case-by-case basic AND/OR
  • Pass TaF.tc Entrance Test

English Language Requirement –

  • Possess a minimum credit in English at GCE ‘O’ Level or its equivalent OR
  • IELTS score 4.5 or TOEFL score 450
  • ALL Students are required to have basic knowledge of computer and Microsoft Office

 


Graduation Requirements


Student must fulfil the following requirements:

  • 75% attendance rate of total training hours per module
  • Assessed and be competent for every module
Student Pass Holders – a minimum of 90% attendance per month will be required.


Certificate Issuance

Upon succcessful completion of the course, trainee will be awarded the WSQ Statement of Attainment (SOA). WSQ Certification is nationally endorsed and recognised by industry partners.

Who Should Attend

  • Assistant Merchandiser and Merchandise Manager
  • Designer / Assistant Designer
  • Fashion Sales Associate
  • Store Manager / Sales Executive
  • Buyer
  • Fashion Entrepreneur

Key Learning Areas

  • Category management strategy and process
  • Assortment planning process
  • Financial planning for merchandise categories
  • Retailers pricing strategy for different categories
  • Categories, sub-categories and assortments for cataloging
  • Merchandise category planning
  • Financial management’s 10-thought-process
  • Collaborative Planning, Forecasting and Replenishment (CPFR) Strategy and Planning

Course Duration

Training Hours 32 hours
Assessment Hours 3 hours
Total Hours 35 hours

View Course Schedule

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WSQ Course Fee Singaporean
(WTS a)
Singaporean
(SFMCES b)
Singaporean/PRs
(SSG Grant c)
SMEs
(ETSS d)
International Students
Full course fee S$ 1,700.00 S$ 1,700.00 S$ 1,700.00 S$ 1,700.00 S$ 1,700.00
Less: SSG Grant (S$ 1,190.00) (S$ 1,190.00) (S$ 1,190.00) (S$ 1,190.00) -
Course Fee after SSG Grant S$ 510.00 S$ 510.00 S$ 510.00 S$ 510.00 S$ 1,700.00
Add: Application Fee - - - - -
Add: 7% GST* S$ 35.70 S$ 35.70 S$ 35.70 S$ 35.70 S$ 119.00
Course Fee including GST S$ 545.70 S$ 545.70 S$ 545.70 S$ 545.70 S$ 1,819.00
Less: WTS (S$ 425.00) - - - -
Less: SFMCES - (S$ 340.00) - - -
Total Nett Course Fee Payable S$ 120.70 S$ 205.70 S$ 545.70 S$ 545.70 # S$ 1,819.00

a: Workfare Training Scheme (WTS) - Aged ≥ 35 years and earning ≤ $1,900/month
b: SkillsFuture Mid-Career Enhanced Subsidy (SFMCES) - All Singaporeans aged 40 years and above
c: SSG Grant - All Singapore Citizens and Permanent Residents
d: Enhanced Training Support Susidy (ETSS) - SME with employment size ≤ 200 or annual sales turnover ≤ S$ 100 million

* GST Formula as follows:
Course fee after SSG grant x 7% GST = GST
# SME can claim additional 20% of full gross fee under ETSS where applicable