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.
- Glossary and Definitions of Terms
- Profitability Measurements
- Key Performance indicators
- Commonly used Formulas
- Open to buy – Definitions and formulas
- Sell Through Scenarios – Impact of gross margin on sales
- Balanced Stock Cards for Retail Mangers
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 RequirementsBest suited to Middle Managers in business, Operations Managers, Retail Sales and Brand Managers
Course Duration7 hours