RETAIL OPERATING MANAGEMENT — FINANCIAL DIMENSIONS

Retailers should recognize that the way they operate their business has a major impact on sales and profitability; as well as cost. 

The program aims to equip non-financial managers with the necessary concepts and skills of the financial aspect of industry. 

This module focuses on analysis of the operational financial statements of supermarket. The rationale is to help increase retail profitability by understanding what is happening financially in their business.

OUTLINE:

• The Five Components of Store Profitability
• Analyzing and Interpreting P & L Statement
• Cost Profit Volume Analysis
• Break-Even-Point, Pricing Decision; Contribution Margin
• Predicting Profits for any Given Range of Sales Volume and Expenses
• Key Performance Indicators to Analyze Business Performance