HOW TO BECOME BUYER IN FASHION INDUSTRY
Prudent buying is pivot to successful business especially in fashion industry, which is volatile in nature, transient in composition, and vibrant in approach. Therefore, prudent buying in fashion industry requires market analysis, awareness about trend, industry dynamics, price differentials as well as smart approach, quick decision making, better collaboration and coordination, stock management, knowledge about product life cycle and product shelf life with forecasting about what to come on the horizon of the fashion industry having better communication with the fashion designers, manufacturers, trendsetters and market players. In this way, buying determines the profitability and sustainability of the fashion business.
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