RETAIL MATH & ANALYTICS WORKSHOP

Managers Workshops Owners & C-Level Executives Workshops Retail training Senior Managers Workshops

RETAIL MATH, KPIs, METRICS & ANALYTICS WORKSHOPOctober 22, 2019

 

Special Year End Offer: N55,000 Per Participant
(Regular Fee: N69,950 per Participant)

 

🔴 REGISTRATION:

 

 

Testimonial:
“The workshop is very practical and application covers all areas of retail business management. Every topic was very well explained, fun, and interesting. Understanding how to effectively use the Balance Score Card to translate strategy into action, communiocate strategy into action, measure and monitor KPI’s.” — Nkechi Amadi

 

OVERVIEW

This workshop covers the most important Retail Management Metrics, KPI’s and Retail Analytics that every retailer must know, understand and use the insights derived to improve business performance. The success of your retail operations has a lot to do with accurately determining, measuring and improving your Key Performance Indicators.

Discussions on Balance Scorecard design and implementation in retail, Profit Multipliers, Store analytics, footfall analytics and staff optimization are all included in this workshop.

 

WORKSHOP OBJECTIVES:

At the end of the workshop, participants will be able to:

  • understand the numbers that drive the business;
  • develop the ability of setting the right targets;
  • understand how to measure the key Retail Metrics;
  • understand Open-to-Buy, Sell-Thru and Operating Statement fundamentals;
  • construct effective Balanced Score Cards to use in your day-to-day operations; and
  • understand footfall and store analytics and how to use the insights gain to optimize traffic, employee, merchandise and store operations for increased productivity.

 

TARGET AUDIENCE

Anyone who has a responsibility to drive sales and profits, including Owners, CEOs, EDs, National Retail Managers, Head of Sales, Head of Merchandising, Regional Managers, Area Managers, Store Managers and Team Leads. Buyers, Category Managers and other appropriate Head Office Staff. Supplier/Vendor staff who deal directly with retailers will benefit greatly from this workshop as well.

 

DURATION: 1 Day

 

TIME: 9:00 am – 5:00 pm

 

VENUE: Bervidson Training Center, Lekki Phase 1, Lagos

 

CERTIFICATION: Certificates will be issued upon successful completion of the program.

 

 

RETAIL MATH and ANALYTICS WORKSHOP

 

OUTLINE:

Introduction to key retail metrics

6 Pillars of Retail and how to optimize them for maximum sales and profitability

Definition and explanation of terminology used in Retail Math

Key Performance Indicators for Retail Sales, Operations & Merchandising

  • What to measure, how to measure and how to interpret the results

Commonly Used Formulas in Retail Management

Operating Statement (P&L Statement) Analysis

Balanced Scorecards and Their Implementation in Retail Management

  • Development of sample Balanced Score Cards for different levels in the business

Profit Multipliers

Open-to-Buy

Sell-Thru Scenarios

Customer Profiles, Targeting, Forecasting, Customer Loyalty

Retail Analytics and Retail Success

  • Footfall optimisation
  • Store Optimisation
  • Staff Optimazation

Powerful Insights for Retail Professionals

Insights to Action

  • Improving Retail Decisions that Drive Profitable Sales and Sustainable Growth

 

 

WORKSHOP FEE:

Special Year End Offer: N55,000 Per Participant
(Regular Fee: N69,950 per Participant)

 

REGISTRATION:

 

 

PAYMENT DETAILS:

You can pay online @ MAKE PAYMENT OR pay directly to:

You can please pay Online OR credit our account below directly.

  • Bank: FCMB
  • Account Name: Bervidson Consulting Limited
  • Account No: 3432812015

 

 

SOME OF OUR CUSTOMERS:

RETAIL MATH and ANALYTICS WORKSHOP

 

 

 

For more information, call or email us, or visit our website today.

3B Hakeem Dickson Road, Lekki Phase 1, Lagos Nigeria
+234 1 291 7328, +234 803 343 4776, +234 809 334 4776, +234 808 933 8444
info@bervidson.com , www.bervidson.com , programs.bervidson.com

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