| Searching Current Courses For Fall 2016 |
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Course: |
SKB 154
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Title: | SIA Wholesaling & Buying |
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Long Title: | SnowSports Industry America Wholesaling & Buying |
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Course Description: | Introduces the student to the fundamental skills and knowledge required in the field of snow sports wholesaling and buying, focusing on business to business sales for SnowSports Industry America (SIA). Emphasis is placed on maximizing efficiency in the business process by analyzing past buying trends, sales records, price and quality of products to determine wholesale buying decisions. |
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Min Credit: | 1 |
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Max Credit: | |
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Course Notes: | NCE 9.22.15 JLG |
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Origin Notes: | CMC |
STANDARD COMPETENCIES
1. Identify the purpose of wholesale business practices within the snowsports industry
2. Demonstrate an understanding of the relationships and dynamics between manufacturers, wholesalers, retailers, and consumers in the snowsports industry
3. Demonstrate an understanding of developing relationships and long-term partnerships with professional business associates in the snowsports industry
4. Identify and analyze ski and snowboard industry trends and their effect on buying decisions
5. Demonstrate an understanding of the global nature of the snowsports wholesale industry
6. Demonstrate an ability to analyze and monitor sales records, trends, and economic conditions to anticipate buying demand.
TOPICAL OUTLINE
I. Negotiating prices and discount terms
II. Evaluating merchandise suppliers
III. Evaluating buying trends, sales records and economic conditions to help determine the items a company will
sell and to determine inventory requirements
IV. Attending trade shows
V. Selecting and ordering merchandise
VI. Making arrangements for the transportation of merchandise
VII. Authorizing payment of invoices
VIII. Collect information regarding customer preferences and needs
IX. Make recommendations for merchandise selling prices
X. Set or recommend mark-up rates, mark-down rates, and selling prices for products
XI. Train and supervise sales staff
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