SUPERMARKET MATHEMATICS

The module equips participants with the fundamentals of retail math and the ability to apply them in planning and decision-making.  People that involve in the process of setting price and making orders of merchandise are encouraged to participate.

OUTLINE:

• Basic Operating Measurements
• Gross Profit, mark-up & Mark-down
• Determining required increase in Sales Volume to Offset Reduction in Retail Price
• Department GP Contribution
• Methods of Improving Stock Turnover