Monsoon Essay Example | Topics and Well Written Essays - 3000 words

Monsoon - Essay Example Whereas buyers have a specific role in ensuring that there are productive relationships with suppliers besides negotiating on various important details that includes prices, exclusivity, and well as the distribution channels. On the other merchandisers are usually responsible for ensuring that an organization’s stock performs well within the market. Nonetheless, both merchandisers and buyers perform different functions in respect to organizations. The following discussion aims to develop a critical understanding of the various roles and responsibilities of buyers and merchandisers. The breath of activities that the buying & merchandising function undertake in delivering this requirement successfully is explored in this paper that comprises two parts (Jackson & Shaw, 2001). The paper also creates an understanding of development, creation, supply, and delivery of a fashion product range in respect to buyers and merchandisers (Goworek, 2007). Buyers and merchandisers play a significant roles and responsibilities towards ensuring that there is a fashion product range capable of meeting the demands, tastes, and preferences of consumers (Goworek, 2007). Firms involves in fashion development have to create effective product range that will definitely take care of all the existing and potential customers. The following are some of the functions of buyers and merchandisers in respect to fashion industry. A typical buyer has various roles and responsibilities in ensuring that there is a good fashion product range that meets the demand, tastes, preferences, and needs of the consumers (Goworek, 2007). One of the functions of buyers within buying and merchandizing involve monitoring and maintaining of the gross margin plans through engaging in controlling markups, shortages, stock levels, markdowns, and turnovers. A fashion buyer has the