Essentials of Retailing Instructor Led Class
Designed for retail IT executives who need a deeper understanding of retail best practice and key business processes.
The class consists of a combination of interactive discussions, practical exercises based on real retailers and lectures led by a retail industry expert.
Target Audience
- Business analysts
- IT managers and other IT executives
- EPOS Managers
Contents
- Retail Trends
- Retail Financials
- Retail profit models
- Sample profit and loss statements
- Balance sheet
- Cash flow
- Industry profitability drivers
- Key Performance Indicators
- Sales metrics
- Stock KPIs including stock turn
- Shrinkage
- Margin KPIs including gross margin, markdowns, GMROI
- Retail Processes - Buying and Merchandising / Category
Management
- Merchandise management overview
- Merchandise planning
- Assortment planning
- Timeframes
- Open to Buy
- In-season management
- Allocation and replenishment
- Overview of the Supply Chain
- Key components of supply chain management
- Difference between a supply chain and a demand chain
- Marketing
- Marketing overview
- Basics of customer relationship management (CRM)
- Overview of store operations
- Store operations responsibilities
- Sales and expenses management
- Workforce management
- Space productivity
Training Formats
- Essentials of Retailing Instructor led classes
- Content for corporate universities and intranets
| CPD Certification Service has approved this class for Continuing Professional Development. |
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