The US fashion industry: A supply chain review - 0 views
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These plans are usually based on strategic alliances and are taking over the responsibilities of buyers.
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The buyers have tremendous power in representing the chain to the vendors and are responsible for a large portion of the chain's profit. Since the buyer's performance evaluation criterion (and his or her bonus) is the total profitability (total margins) of the apparel lines he or she buys (which depends on the purchase cost, the initial selling price, the subsequent mark-downs and the units sold under each price point), it is in the buyer's interest to ensure that she buys the right items generating the best financial results for the chain as a whole.
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controlled by a budget set by the merchandise manager