Retail Maths Program For Retail Professionals

Deeper focus on all the key retail maths formula for the students to learn and implement in their work

What you’ll learn
Learn retail maths insights for right decisions making
Understanding of right matrix to use for decision making
Correlation of two data points and right decision making
Looking at data from multiple lenses

Requirements
Some Understanding of Retail business and data analysis Interest for right decision making

Description
Course Details are as follows •Understanding of Gross Sales•What is Gross Margin %•What is Average Transaction Value•What is Conversion % in Retail•Whats is COGS•What is pareto rule 80:20•Understanding of Damages•Review of Store Key KPI’s•What is Ranking of SKUS•Understanding of Qty’s per bill•What is GMROI•What is Gross Margin return on labor•What is Sell through %•What is Sales to Stock ratio•What is Open to Buy Meaning•What is OTP Understanding•What is EBIDTA in Retail•What is P&L•How to Control Damages•What is Shrinkage•What is Markup and Markdown Understanding•Understanding of Merchandise mix•What is Pentagon Concept•Vendor Margin Negotiations processData analysis video with real dataRetail is a science and important decisions are always taken basis the data. The period is of data analysis. The way forward in order to be relevant in a job or business, data analysis is must to have. Jobs are changing very rapidly, new jobs are being created. Their is juge demand of professional with data fundemental understanding and ability to interpret it in a seamless manner. Time to check the learning curve and improve the learning basis for higher growth in the career. All the best!

Overview
Section 1: Course Videos

Lecture 1 Understanding of Gross Sales

Lecture 2 Whta is Gross Margin %

Lecture 3 What is Average Transaction Value

Lecture 4 What is Conversion % in Retail

Lecture 5 Whats is COGS (Cost of Goods Sold )

Lecture 6 What is Pareto Rule in Data Analysis 80:20

Lecture 7 Review of Store Key KPIs

Lecture 8 Understanding of Damages

Lecture 9 What is Ranking of SKUs

Lecture 10 Understanding of Quantity’s per bill

Lecture 11 What is GMROI

Lecture 12 What is Gross Margin on Labor (GMROL)

Lecture 13 What is Sell Through

Lecture 14 What is Sales to Stock Ratio

Lecture 15 What is Stock Turn and stock Cycle

Lecture 16 What is Open to Buy Meaning

Lecture 17 What is OTP Understsanding

Lecture 18 What is EBIDTA in Retail

Lecture 19 What is P&L

Lecture 20 How to control damages

Lecture 21 What is Shrinkage

Lecture 22 What is Markup and Markdown Understanding

Lecture 23 Understanding of Merchandise Mix in Data analysis

Lecture 24 What is Pentagon Concept

Lecture 25 Vendor Margin Negotiations Process

Lecture 26 Understand Real Data for Data Analysis

Retailers, Retail professionals, Retail Students and anyother retail enthusiast