Location
Italy, - Milan
Dates
Dates flexible
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Price
$4,500

Course Overview

For many people the phrase and retail math's conjures up horrific memories from their school days. Even so they realise that retail math is a very important part of operating a retail business. In every business there is never ending number crunching going on. The analysts have to look at the numbers from every angle to ensure on-going profitability. A retail store or group of stores is no different. There are many numbers that need to be analysed regularly to help in managing the day to day business; to aid in decision making on just about everything.

Who should take this course

Store/branch managers Area sales managers Finance Analysts Sales directors Head office sales/finance staff

Accreditation

CPD

Course content

Module 1 - Terms formulas and measures. Glossary of maths terms used in Retail Key Performance Indicators Commonly Used Formulas Profitability Measurements, Balanced scorecard.

Module 2 - Setting Budgets % Mixes Variances Margin. Typical Profit/Loss Statement (Operating Statement). Open to Buy (Definitions Formulas).

Module 3 - Range Planning Supplier. Costing Size Ratios Grading & Density.

Module 4 - Reviewing Performance. Sell through Rate of Sale Best Sellers Weeks Cover.

Module 5 - Trading WSSI (weekly sales, stock & intake) Markdown Allocations & Replenishment

About Course Provider

London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.

London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.