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Splashafash Industry Workshop - Driving Profit

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Location

Splashafash Designer in Residence

Shop 18

Central Market Arcade

Adelaide, SA 5000

Australia

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Event description
This workshop has been postponed until further notice. *Please RSVP so that we can update you of the new date & switch to online delivery.

About this Event

Designed for Adelaide based fashion designers - join us for an educational workshop with industry expert, Marni Cook covering off on how to strategically drive profit.

Overview:

As the marketplace becomes more and more competitive, achieving sustainable profit is getting harder. Using the Strategic Profit model, you will learn how to diagnose where there are opportunities for improvement in your business and identify appropriate strategies to drive profit.

Managing the productivity of space, staff and stock is critical to the success of your business. Learn about the impact on your business of changing margins, increasing wages and rent increases using simple frameworks and metrics. Address these issues by understanding turn vs churn, setting margin targets, managing inventory and improving the productivity of space and staff.

Successful fashion businesses make sure they have the right stock at the right time in the right quantities. As inventory is the single biggest cost to a fashion business, it is important to make sure the investment in stock is made wisely. This involves planning a range and measuring the productivity of categories and brands within the range. This program will introduce you to the science and art of range planning and analysis. Find out what is performing, and what is not and more importantly what to do about it.

Designed for:

Business owners, managers, designers, supervisors, employees or any other person wanting to learn more about the strategic profit drivers of the business and how they can be influenced.

Content:

  • Strategic Profit Model
  • Break even analysis
  • Inventory measures and metrics
  • Merchandise analysis
  • Pricing, markdowns and margin management
  • Inventory measure and metrics
  • Innovation and inventory
  • Merchandise analysis
  • Pricing, markdowns and margins
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Date and Time

Location

Splashafash Designer in Residence

Shop 18

Central Market Arcade

Adelaide, SA 5000

Australia

View Map

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