Retail Math & Business Analytics
Overview
You've heard it said....Retail is Detail. In this fast-paced, numbers-driven business, an understanding of Retail Math and Business Analytics is critical to be successful in managing and growing your business with Wal-Mart and Sam’s Club!
This course provides a broad understanding of retail finance and its role in the strategic business planning process. In addition to important calculations, this course includes dynamic case studies that will place you in the middle of real world situations, and help you not only crunch numbers, but tell a story with them.
Whether you are a new analyst, a category advisor or a seasoned salesperson, this course will help you drive your business!
In this course, you will learn:
- Promotional ROI
- Base vs. Incremental Volume
- Promoted vs. Non-Promoted Volume
- Margin Measures
- Decoding GMROII- Gross Margin Return on Investment
- Price Adjustments
- Sell-Thru Calculations
- Trend Analysis
- Retail Turns
Participants will need to bring a calculator.