types of merchandising
DESCRIPTION
types of MerchandisingTRANSCRIPT
Types of Merchandising
Merchandiser
► In the manufacturing environment,
apparel merchandising involves the
conceptualization, development,
procurement of raw materials, sourcing
of production, and delivery of apparel
products to either buyer or retailer.
Types of Merchandising
► EXPORT MERCHANDISING:
■ In an Export Production House
■ In Buying House
► RETAIL MERCHANDISING:
■ For domestic Market
Types
► In a big manufacturing unit the role of
merchandising may be classified as below
■ Marketing Merchandiser
● Who take care of marketing
■ Production Merchandiser
● Who take care of all Inhouse activities
■Development Merchandising
● Who take care of product developement
Types
■ Sourcing Merchandising
● Who take care of procurement
■ Planning Merchandising
● Who take care of production planning.
Qualities of a Merchandiser► Merchandiser should…■ Think in Analytical Manner■ Be able to speak & write fluently■ Get along with subordinates and customers■ Be very particular about Merchandising■ Develop a sense of Curiosity■ Be creative■ Be alert■ Have good memory power■ Have managerial skill to delight authority and
responsibility
Advantages of Merchandising► Prestige► Good Pay► Relatively rapid advancement► Opportunity of economy growth► Opportunity of personnel growth► Opportunity to work every where► Travel► Self expression► A lead to other carrier opportunity
Role of a Merchandiser► Merchandising development based on buyer’s
objective► To interact with the Buyer► To interact with the various departments of
manufacturing unit► To do the costing of Garments.► To send the samples to buyers► Development of lab-dip / desk looms► To take the approval from buyers► Procurement of Fabrics/Trims► To carry out the final Inspection► To make sure that shipment goes on time
Buying house
► Buying house work as intermediateries the buyer & the vendor
► 60 -70% world wide buying routes through the buying houses
► These are situated predominantly at the sourcing locations
Buying House
► Work on profit percentages / commissions / expense coverage
► Large buying houses in India – Landmark / Triburg /H & M / Li &Fung
Role of Merchandiser
► Bridges the gap between buyer & vendor► Analysis of market / vendor / order
processing / QA► Group buying► Wholesale activities► Unit control services► Private brand programmes► Foreign buying► Sales promotion – buyer / vendor &
development of catalogues► Fashion divisions /offices
Buyer
► A Buyer is a Brand.
► For example: GAP, NIKE, Adidas etc are brands as well as buyers.
► Most of the brands in the world go for the outsourcing of their merchandise.
Buyer
► All these buyers work through their local office known as Liaison Office
► Further, all the Liaison Offices works under the Head Office of the Buyer/Brand.
Role of Merchandiser► To select the vendor for the garment
manufacturing► To work in between the Head Office and
Factory► To take the samples on time► To give all the approvals on time► Planning of merchandise► Vendor management► On time shipment► To visit the factory time to time to check all the
details regarding product, quality,compliances as specified in the Manual