Unsure Cards Flashcards
What is operating trading
The flow of products in and out the business
Gross trading formula
Net sales - cost of sales
Macro environment
Competitors - analyse there trends and market share
Economic - GDP, inflammation
Product - the trends and size of market
Price and volume - growing markets doesn’t mean successful
Sales density
Sales turnover devided by floor space
How to measure if the collection is relevant
Competitor trends
Eco if trends
Product trends
Price and volume
Week cover is
The relationship between the sales and stock
Shortage
Inventory
Stakeholders that impact CSR
Employees
Customers
Communities
Investors
CSR impact on B&M
Cultures and environment
4 words that sum up CSR
Aware
Fair
Moral
Loyal
6 concepts in CSR
Unstable buyers and suppliers - bonus given
Pricing - changes due to time
Increased question demand - trends
Shorter lead time - quicker response
Product specifications - length of time carrier bag responses
Cancellation- products that’s will and not sell
Different influences on fashion management
Brand management - limits products to fir brand personality
Consumerism - buyers fed on products
Technology - supply chain is enhanced
Globalism - free trade and supply opertunities
