Purchasing and Selling in Fashion and Clothing (5 ECTS)

Objective

After completing the course, the students are able to:
• understand the importance of purchasing and selling in the clothing business.
• recognize the elements of the purchasing process and the different stages of making a sale.
• understand the key elements of a company's product assortment, in terms of both purchasing and selling.

Content

Basics of purchasing and selling in the clothing business. Product management: breadth and depth of assortments. Assortment planning by delivery time, budgeting, commercialization and pricing, ordering and invoicing. Impact of delivery sizes on cash flow and sales. Selection of suppliers. Choosing sales channels. Purchase and sale negotiations. Management of client relations. Principles of software used for purchasing and product management.

Location and time

Hämeenkatu 135D, Helsinki

24.10 9 - 15:30
31.10 9 - 15:30
7.11 9 - 15:30
14.11 9 - 15:30
21.11 9 - 15:30
27.11 9 - 11
28.11 9 - 15:30
4.12 9 - 15:30
17.12 9 - 15:30 (course assignment presentation)

Materials

to be published during the course

Teaching methods

classroom lecturing - materials presented during the lessons will be available in OMA (tbc if all materials will be available only in Moodle)
3-4 weekly assignments and course assignment
possible company visits and/or visits of the external lecturers

Employer connections

-

Exam schedules

no exam; instead, competence is demonstrated through a course assignment.

International connections

-

Completion alternatives

-

Student workload

5 cr = 135 working hours
43 hours classroom work
60 hours for weekly and course assignment work
32 hours for independent studies

Content scheduling

to be published during the first classroom session

Further information

80% läsnäolo erittäin suotavaa

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The students have partly reached the goals of the course. They have adequately completed the set assignments.

Assessment criteria, good (3)

The students have successfully reached the goals of the course. They have successfully completed the set assignments applying learned information.

Assessment criteria, excellent (5)

The students have reached the goals of the course to an excellent degree. They have completed the set assignments applying learned information with distinction.

Assessment criteria, approved/failed

Pass:
The students have partly reached the goals of the course. They have adequately completed the set assignments.

Assessment methods and criteria

Weekly assignments 40%
Course assignment 60%

Qualifications

Competencies corresponding to the goals of the following courses:
Marketing and Branding; Professional English for Fashion and Clothing; Supply Chain Management.