Economy, asked by sushantkamble4923, 1 year ago

what is the distinction between merchandising functions and the buying function?

Answers

Answered by topanswers
0

Merchandising functions basically involves merchandising planning in retail. These planners deploy structure in retail.

They are basically accounting guys. You may find IT guys sometimes as merchandising planners.

However, buying function is the most serious part in the business. Buyers are the readers in the retail segment. They follow and keep their eyes open, analyse and then implement in their own businesses.

Answered by bratislava
1

The merchandiser function is oversee the buying and selling functions, buying is through sales presentation and pricing.

Explanation:

  • The function of merchandising is to coordinate with the other departments. Generate execution and management of the business. Understand the importance of working in a team.  
  • Helps in meeting the buyer's expectations and helps the organization achieve its targets. The merchandiser has several key skills like research, analytical, and customer awareness.
  • Whereas the buyer's function is responsible for sales. Studying the trends,  along with monitoring quality control, plan delivery and shipment, etc.
  • They possess certain analytical skills as strong negotiation, excellent organization along with budgeting and planning skills.

Learn more about the what is the distinction between merchandising functions and the buying function.

  • brainly.in/question/6690550 answered by topanswers.
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