Retail Math, Metrics & KPI's Workshop January 13, 2012 - Sheraton Phoenix, AZ, USA March 1, 2012 - Sheraton Dubai Creek, Dubai, UAE   April 20, 2012 - Sheraton Manhattan, New York, NY, USA   May 11, 2012 - Sheraton Maslak, Istanbul, TR   June 8, 2012 - Sheraton Chicago, IL, USA   July 13, 2012 - Sheraton Park Tower, London, UK The Retail Math, Metrics & KPI’s Workshop is designed to inform retail professionals about Retail Metrics, their calculations and their importance in daily retail operations. Key Performance Indicators that are essential for measurement of retail operational success are covered in detail. In addition, this program contains a section on the very important management tool - Balanced Score Cards as they apply to Retail Management. Agenda: Introduction 6 Pillars of Retail and how to optimize them for maximum sales and profitability 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: Why the success of your retail operation depends on your ability to determine, and accurately measure, your Key Performance Indicators. Measurement of important metrics and determining the key performance indicators is 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 to your business. Retail Math, Metrics and KPI terminology and definitions. Commonly used formulas. What to measure, how to measure and how to interpret the results. What action to take based on the results. Overview and examples of Open to Buy, Sell-thru and Store Operating Statements. How to create and implement Balanced Score Cards at any level in your retail operation. Balanced Score Cards are used to summarize your most important KPI's on one page – right at your fingertips - 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 Regional Managers as well as appropriate Head Office Staff. Duration: 1-Day (9am-5pm) Registration Fee: $495 (Individual), $425 (per person for a group of 3 or more) (Includes lunch, refreshments and all workshop materials) To register, please use the appropriate button below: Early Bird Individual $495 Early Bird Group $1,275 (For 3 People from the Same Company)   To get more information, please call +1 (312) 239-0919 or send an email to workshops@dmsretail.com