Retail Maths - Agilis

Retail Maths


Description

In every business there is never ending number crunching going on. A retail store, or group of stores, is no different. There are many numbers that need to be analyzed regularly to help in managing the day to day business; to aid in decision making.

By attending this course, participants will understand that Retail Math is not difficult. All you need to know is which numbers to use and how to interpret the results. Addition, subtraction, multiplication and division are the only functions required.

Our trainer is a highly experienced professional Business Analyst with international experience in improving Data Management Structures. Further details available on enquiry.

Syllabus

Session 1

  • Glossary and Definitions of Terms
  • Profitability Measurements
  • Key Performance indicators
  • Commonly used Formulas

Session 2

  • Open to buy – Definitions and formulas
  • Sell Through Scenarios – Impact of gross margin on sales
  • Balanced Stock Cards for Retail Mangers

Learning Outcomes

On completion of this course participants will become confident of practial in the application and uses of mathematical processes within retail sector scenarios.

Participants and Requirements

Best suited to Middle Managers in business, Operations Managers, Retail Sales and Brand Managers

Certificate

Attendance Certificate

Course Duration

7 hours

Enquiries

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