Fashion Business

Become the Next Fashion Talent

Understanding Fashion Retail Buying (Apply Fashion Retail Buying)

Overview

This module provides knowledge and skills of the various techniques and concepts in the Fashion Retail buying. It is designed to enhance skills of buying merchandise for retail. You will learn to apply retail buying strategy, how to read and apply OTB plan to appeal to your customers.

Modules (1)
  • 1
    Understanding Fashion Retail Buying
    E-learning Training Assessment
    00:00 16:00 02:00
    This module provides knowledge and skills of the various techniques and concepts in the Fashion Retail buying. It is designed to enhance skills of buying merchandise for retail. You will learn to apply retail buying strategy, how to read and apply OTB plan to appeal to your customers.
    18:00
Course Duration
  • SSG Approved Training & Assessment Hours 18:00
 Objectives
  • Understand how to track daily sales by: Category, Brand, Sub Class & SKU as per organisational policies and procedures
  • Apply sales data analysis to create weekly reports as per organisational policies and procedures
  • Understand how consumer profiling & consumer demographics create foundation for the product matrix as per industry norms
  • Interpret how retail seasonal budgets, category planners and assortment planners are created to determine the product matrix as per organisational policies and procedures
  • Interpret OTB Planning skill to assist supervisor in managing repeat orders and forward planning
 Entry Requirement

Singapore/PR Students:

  • GCE ‘N’ Level with 3 credits including English and Mathematics OR
  • WSQ ES WPLN Level 4 and above

International Students: 

  • High School Diploma equivalent to GCE ‘N’ Level with 3 credits including English and Mathematics OR
  • Qualifications from professional institutes may be considered on a case-by-case basis 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.

 

 Who Should Attend
  • Assistant Merchandisers
  • Assistant Buyers to Buying Mangers
  • Product Development Executives to Product Development Managers (Merchandise Category)
  • Managers & Store Owners
 Key Learning Areas
  • Retail formats
  • Role and responsibility of fashion buying related jobs
  • Key performance indicators
  • Analysis of POS system and sales data
  • Central buying system
  • Retail price computations
  • Open to buy monthly plans
  • Consumer profiling and demographics
  • Retailer USP & Customer Service
 CERTIFICATE ISSUANCE
Upon successful completion of the course, student will be awarded the Statement of Attainment (SOA) for WSQ Apply Fashion Retail Buying. WSQ Certification is nationally endorsed and recognised by industry partners.
 WHO SHOULD ATTEND
  • Assistant Merchandisers
  • Assistant Buyers to Buying Managers
  • Product Development Executives to Product Development Managers (Merchandise Category)
  • Managers & Store Owners
Course Fee
Singaporean/PRs (SSG)

SkillsFuture Singapore Grant (SSG)
All Singapore Citizens and Permanent Residents

  • Full Course Fee S$ 800.00
  • Application Fee S$ 12.00
  • Less: SSG Grant S$ 720.00
  • - -
  • GST (7%) S$ 6.44
  • Total Fees Payable (Inclusive of GST) S$ 98.44
Singaporean (WTS)

Workfare Training Scheme (WTS)
Aged ≥ 35 years and earning ≤ $2,000/month

  • Full Course Fee S$ 800.00
  • Application Fee S$ 12.00
  • Less: SSG Grant S$ 720.00
  • Less: WTS S$ 40.00
  • GST (7%) S$ 6.44
  • Total Fees Payable (Inclusive of GST) S$ 58.44
Singaporean (SFMCES)

SkillsFuture Mid-Career Enhanced Funding (SFMCES)
All Singaporeans aged 40 years and above

  • Full Course Fee S$ 800.00
  • Application Fee S$ 12.00
  • Less: SSG Grant S$ 720.00
  • Less: SFMCES -
  • GST (7%) S$ 6.44
  • Total Fees Payable (Inclusive of GST) S$ 98.44
SMEs (ETSS)

Enhanced Training Support Funding (ETSS)
SME with employment size ≤ 200 or annual sales turnover ≤ S$ 100 million
SME can claim additional 20% of full gross fee under ETSS where applicable

  • Full Course Fee S$ 800.00
  • Application Fee S$ 12.00
  • Less: SSG Grant S$ 720.00
  • - -
  • GST (7%) S$ 6.44
  • Total Fees Payable (Inclusive of GST) S$ 98.44
International Students
  • Full Course Fee S$ 800.00
  • Application Fee S$ 12.00
  • NA NA
  • NA NA
  • GST (7%) S$ 56.84
  • Total Fees Payable (Inclusive of GST) S$ 868.84
Course Schedule (Full Time)
Understanding Fashion Retail Buying
  • Date 03 May 2019 to 15 May 2019
  • Day Evening
  • Time TBA
  • Location Central Plaza (Main Office)
  • Registration Open Apply Now
Understanding Fashion Retail Buying
  • Date 14 Oct 2019 to 25 Oct 2019
  • Day Evening
  • Time TBA
  • Location Central Plaza (Main Office)
  • Registration Open Apply Now