Retail Math&Metrics Workshop
(See bottom of page for dates and locations)
Retail Math Workshop is
designed to inform retail professionals about Retail Metrics, their calculations
and their importance on daily retail operations. Key Performance Indicators that
are essential in measurement of retail operational success are also covered in
detail. In addition, program contains a section where an important management
measurement tool, Balanced Score Cards as they apply to Retail Management, is
also discussed.
Agenda:
Introduction
6 Pillars of
Retail
Definition
and explanation of terminology used in Retail Math
Break
Key
Performance Indicators (What to measure, how to measure and how to interpret the
results)
Lunch
Commonly
Used Formulas
Open-to-Buy
Sell-Thru
Scenarios
Break
Store
Operating Statement (P&L Statement)
Balanced
Scorecards and Their Implementation in Retail Management
Q&A
What You'll Learn:
Measurement of important metrics and
developing the key performance indicators can be one of the most important
activities for a retail manager at store/district/region/company level. Failure
to identify your most important metrics can be fatal. Balanced score cards is a
technique to summarize your most important KPI's in one small space while
considering all angles of your retail operation, Financial, Customer, Processes
and Growth & Development.
Who Should Attend:
Anyone who has a responsibility to drive
sales and profits, including store/district and region managers as well as
appropriate Head Office Staff.
Duration: 1-Day (typically, 9am-5pm)
Registration Fee:
$695 (Includes lunch and all workshop materials)
Please register here:
Workshop Registration Form
2009 Schedule of Retail Math&Metrics Workshops: