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tighter initial buys
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space management
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right price first time
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OTB management
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newness
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negotiation
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multi-channel
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market analysis
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mark-down management
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managed risk
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little or no terminal stock
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International opportunities
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increased flexibility with suppliers
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fulfilment planning
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focus on profit
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first for trends
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financial planning
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faster lead times
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deliver more profit
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customer first
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critical path management
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brand values
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better than the competition
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better sourcing
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attractive promotions
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accurate forecasting
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100% stock availability
A day of competitive team exercises designed to improve profit-related decision-making.
The Brief:
- Teams are invited to explore the profit levers in a retail business
- The use of exercises, scenarios and challenges will highlight how decisions made by all functions within a team impact the teams’ profit
- Each team must develop an action plan documenting the steps they will take to improve the profitability of their product category
The Outcome:
- The team which makes the best decisions around the profit levers will win the challenge
The Benefits:
- They will understand their personal impact on profit as well as their role in contributing to the bigger picture. They will appreciate how many, seemingly small contributions can add up to significant profit increases
- They will leave with a personal learning log based on feedback and their own experience of the challenge
To Book:
To book any of the business challenges of for further details and prices please contact enquiries [at] firstfriday [dot] biz Tel. 01494 867 106.
