FM225 notes - Collection buy and floor plans, Professor Geib PDF

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Collection buy and floor plans, Professor Geib...

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Collection buy - No open to buy - Filling fixtures (quantities based on the fixture) - 3 four ways (type of rack with 4 arms) - 18pc per arm (72 pc total a stand) - 216 pc total - Do not have to put one style on one arm - 3 t stands (type of rack with 2 arms) - 12pc per arm (24 pc total a stand) - 72 pc total - 6 stores - Make buy for one store (multiply by 6) → cluster - One piece swim 15% - Tankini top 15% - Bikini top 27% - Swimc bottom 28% - Cover ups 15% - → Is a guideline, does not have to be exact - Mark up - MSRP (manufacturer suggested retail price) given - Work backwards to calculate cost price - 60% mark up - Work with A cluster -

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Purchase order: official document written by a buyer - Details by style merch is going to be ordered - Total units to be purchased by color and size (this assignment, no size) - Always has the cost price and the retail price per item Purchase order heading - PO number to track the document - Start and cancel date Store cluster - Not all stores can be bought the same...