Now our 7 most popular workshops are ONLINE WORKSHOPS (as well as in person) for your convenience.
Naturally, rates have been drastically reduced making them incredibly affordable for everyone.
You save time and money by attending these online workshops. Coming soon…Artificial Intelligence in Retail (AI)
They are effectively organized: 3 hours on 2 separate days (Total of 6 hours.), except for the Advanced Category Management online workshop which is double size – 12 hours over 4 days.
Below the video, you’ll see each of the ONLINE WORKSHOPS listed and we invite you to check them all out.
The Retail Math & Analytics Workshop Online is a 2-Day intensive program designed to inform retail professionals about Key Retail Metrics, their calculations and their importance in daily retail operations.
Key Performance Indicators that are essential for measurement of retail operational and merchandising 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. Profit Multipliers and Retail Analytics (Big Data) are also discussed in great detail.
Retail category management is considered an integral part of best practices in running a successful retail business.
Category Management Highlights:
Better In-Stock Rates: 2 – 8%
Lower Inventory Levels: 10 – 40%
Higher Sales: 5 – 20%
Lower Logistics Costs: 3 – 4%
Retail Category Management Online Training is useful for all buying staff, including category managers, buyers and visual merchandising teams as well as for Suppliers of Retail.
Achievement of well documented and widely communicated standards are a critical success factor in determining the profitability of a retail store or chain.
Without standards, it would be impossible to hold people accountable for performance in any area of the operation.
Through close examination of a case store operation the Retail Standards, Benchmarks & Execution Seminar focuses on how we set the standards, how we communicate them and how we measure, monitor and follow-up to ensure compliance.
We identify the areas of concern and discuss methods for overcoming those challenges.
We cover all of the hot topics when it comes to managing profitable stores and share insights, tips and practical solutions to the problems facing retail managers today.
If you have a desire to make a difference in your business every single day then you should register and attend “The Retail Operations Management Workshop Online” because this is the one place you will be guaranteed to increase your own knowledge and understanding of retailing in the 21st Century and learn how you can contribute more to the success of your organization.
If you want to know what’s happening in your brick & mortar retail company, you absolutely must get out and visit stores.
Nothing else will do when it comes to taking the pulse of the organization.
We’ve often said, and it’s been proven time and again, that every retail business owner and retail executive would be well served by regularly getting out of the office and the boardroom and into their stores to really understand what’s happening out in the field.
Do you know just how much shrinkage is eroding your profits?
Do you know that with the right Loss Prevention strategy up to 68% of your shrinkage can be controlled?
Do you know that the major share of your shrinkage is caused by people on your payroll – through error, intentional damage and theft?
Are you aware that only about 21% of your shrinkage is the result of shoplifting?
Reducing shrinkage in retail is an on-going effort requiring commitment from all areas of the organization.
It is not sufficient to train floor staff to watch out for thieves – employees or otherwise.
Achieving excellence in Loss Prevention requires a thorough understanding of the underlying causes.
Because shrinkage is caused by process & systemic failure, opportunity and the human factor, all of these must be addressed and must be synchronized to make the improvements necessary to stop profit erosion.
This program is designed to provide understanding of all causes and to provide the know-how and the tools to reduce shrinkage and, therefore, enhance your profit picture.
“According to operating data from various retail organizations, District/Area/Region Manager can influence performance by up to +/- 20%” – (DMSRetail Research)
In actual numbers, that means, if you have a district of 10 stores with $1.5 Million average sales each, District Manager’s influence is about 6 Million dollars between -20% and +20%.
No responsible retail organization can leave this kind of influence to chance. Apart from hiring (or better yet, promoting from within) great managers, organization has to make sure that they are well equipped with the right tools and training.
This is where DMSRetail comes in. With our proven, real life experience and record, we are able to get your talent to the point of peak performance, so that your District/Area/Region manager can consistently deliver at the +20% range.
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