Retail fundamentals training giving an overview of the key processes in the retail product lifecycle.
The ten video-based online modules give an overview of merchandise planning, sourcing, buying, range & assortment planning, WSSI, allocation, distribution and trading. Gain insight into retail buying roles and responsibilities, merchandising, planning and commercial departments and how success is defined and measured in commercial terms.
This series of is packed with information on the tools, techniques and processes that retailers use to help them interpret and deliver their strategies and present their offer.
- £150 plus VAT
- 5% discount if you buy 3+ courses
- 10% discount if you buy 5+ courses
- Contact us for large group quotes
£ 150.00 plus VAT
What you will learn
- The current trends and complexities affecting retailers today
- The retail cycle and the roles and responsibilities within a retail business
- The high-level tools, techniques and processes within the retail cycle that bring products to market
- The key concepts, calculations and drivers used within typical retail organisations
Modules in more detail
- The retail landscape – a look at the current retail landscape and the key trends, challenges and opportunities facing today’s retailers
- The retail cycle – the high-level steps used within retail businesses
- Retail structures – typical functions, job roles and retail hierarchies
- Financial planning – an introduction to the key elements of a financial strategy and merchandise plan
- Customer, markets & competition – understand and analyse these critical influences
- Product & range planning – the process associated with developing a product assortment or range
- Supply base & sourcing – how to select and manage suppliers and product sourcing options
- Supply chain & logistics – how intake is managed and its journey through a warehouse or distribution centre
- Allocation & launch – sending stock to selling channels and ensuring a strong product launch
- Trading – how to analyse and understand performance to make decisions that maximise trading outcomes
Who it is suitable for
- Entry level roles within buying, merchandising and planning
- Anybody applying for a job in buying, merchandising and planning
- Roles within retail support functions e.g. HR, finance, IT
- Suppliers of products or services to retailers
Price
- £150 plus VAT
- 5% discount if you buy 3+ courses
- 10% discount if you buy 5+ courses
- Contact us for large group quotes
At a glance...
- Ten online modules
- Total learning time = 2 hours 15 minutes
- Works across PC, tablet and phone
- Full audio voiceover
- Video format
- Practical application of best practice
- Full access for 6 months
- Developed by retail B&M professionals
- Digital certificate on completion
