Tuesday, May 6, 2014
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
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