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Module 3 of 3

Module 3 — Buying and Demand

Covers assortment planning and demand signals used by buying teams.

What you will be able to do

Build an assortment using demand, stock and margin evidence.

The practical work

Build an assortment using demand, stock and margin evidence. Use a representative garment order to document the current method, identify risks, propose controls and record the evidence needed for approval.

Prerequisite: Read module 2 and pass its quiz first.

Reading for this module

Read these 3 Garment Ed subjects in order, then take the quiz below.

  1. 1. Buyer Types and Buying Organisations
  2. 2. Range Architecture and Assortment Strategy
  3. 3. Consumer Demand Forecasting

Practical worksheet

Build an assortment using demand, stock and margin evidence. Use a representative garment order to document the current method, identify risks, propose controls and record the evidence needed for approval.

  1. Identify requirements and assumptions.
  2. Record evidence and calculations.
  3. Choose a decision and containment action.
  4. Assign an owner and verification check.

Module quiz

5 questions on Module 3 — Buying and Demand. Answer them all, then check your score before moving on. 4 correct or more is a pass. Your best score is saved on this device, and to your account when you are signed in. This is a self-check, not an accredited assessment.

  1. 1. A range sold 600 units from 1,000 units available. What is sell-through?

  2. 2. Why should a buyer distinguish sales from unconstrained demand?

  3. 3. Which action addresses a slow-selling size imbalance?

  4. 4. What is open-to-buy intended to control?

  5. 5. What should a forecast update include?

0/5 answered

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