Page 181 - DMGT554_RETAIL_BUYING

Retail Buying

Notes Answers: Self Assessment

1. False 2. True
3. False 4. Merchandise
5. Shipping 6. Potential Vendors

7. True 8. True
9. False 10. Negotiation
11. Minimizing 12. Strategy
13. True 14. False
15. True 16. Purchase

17. Supply Chain 18. Request for Quotation (RFQ)

11.10 Further Readings

Books Clodfelter, Richard (2012), Retail Buying: From Basics to Fashion, Fairchild Books.
Diamond, Jay & Pintel, Gerald (2008), Retail Buying, 8/E, Pearson Education
India.
Diamond, Jay (2012), Retail Buying, Prentice Hall.
Field, Clifton Coutard (2010), Retail Buying; Modern Principles and Practice.,
General Books.
Pradhan, Swapna (2010), Retail Merchandising, Tata McGraw-Hill Education.
United States, Small Business Administration, Office of Management
Assistance, Retail buying function,
Varley, Rosemary (2013), Retail Product Management: Buying and Merchandising,
Routledge.

Online links http://retail.about.com/od/buyinginventory/Inventory.htm
http://retail.about.com/od/buyinginventory/tp/vendor_negotiations.htm
http://wellx.com/business/how-to-negotiate-with-vendors-to-get-the-best-
prices/
http://www.ehow.com/about_6321241_wholesale-buying-vs_-retail-
buying.html
http://www.wisegeek.com/what-do-wholesale-distributors-do.htm

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