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WEEK 1 - Retail Math Fundamentals


  • RETAIL ASSEMBLY Inc. Lodi, NJ United States of America (map)

Brand managers need to thing like retailers. And sales managers often need to think like their retailer customers - or at least understand their thinking to effectively negotiate and work with them. Some of the content within the course is written from this perspective. 

RETAIL MATH BASICS (FOUNDATIONAL)
Retail Math Intro
Analysis
Benchmarking
CASE: Coach's slowing growth
Fiscal Calendars

MATH BASICS
Calculating Average
Calculating Rate
Calculating Business Increases

COSTING FOUNDATION
Product cost
Landed cost
Discounted cost

PROFIT FOUNDATION
Sales trends
Profit intro

INVENTORY FOUNDATION
Inventory intro
Beginning of Month Inventory (BOM)
End of Month Inventory (EOM)
Average Inventory

 

ESTIMATED TIME TO COMPLETE | 1 hour

Earlier Event: May 9
LAUNCH
Later Event: May 15
WEEK 2 - Business Management