EXECUTIVE PROGRAMMES > DRIVING RETAIL PROFITABILITY
S$980 .00 (subject to 7% GST)
13 March 2017
05 June 2017
11 September 2017
Financial competence is a critical skill for retail managers to effectively manage the various business functions to achieve profitability. Driving Retail Profitability (previously known as Finance for Retail Managers) is designed to improve the financial competence of retail managers and to provide a solid foundation for all retail managers who have financial responsibilities within an organisation, whether in buying, stores other head functions. Key measures of financial profitability are examined as well as the means by which they can be used to improve business performance. Participants will complete practical examples to gain an understanding of how these measures work and to develop the confidence to apply them in their own businesses.
After completion, participants will be able to:
Managing Retail Performance
Driving Returns on Inventory, Space and Labour
Retail Financial Management
WHO SHOULD ATTEND
This course is for any retail manager with responsibilities involving generating revue or managing expenses.
This 1-day course is conducted in an interactive workshop style using discussions, practical exercises and presentations.
The course includes a pre-work that will be given to the participants one week before the course starts. It also includes an assessment that is work-based. Participants are given 3 weeks to complete the assignments. The assessment is compulsory.