Retail Fundamentals

Course Overview

Skills and Knowledge:
By taking this course, participants will acquire a comprehensive understanding of the four key components of the retail business: demand forecasting, inventory management, assortment planning, and pricing decisions. They will gain knowledge of the different challenges that retailers face and explore methods and techniques to address them. Additionally, participants will have access to simulation tools to better internalize the concepts and be able to make better decisions at every step of the retail process.
Professional Growth:
This course contributes to professional growth by providing participants with the knowledge and skills necessary to make better decisions in the retail process. Participants will gain an understanding of the four key components of the retail business, as well as the challenges that retailers face. They will also have access to simulation tools and be able to explore methods and techniques to address these challenges. By the end of the course, participants will be able to make informed decisions at every step of the retail process.
Further Education:
This course is suitable for preparing further education as it covers the four key components of the retail business and provides participants with the opportunity to explore methods and techniques available to address the challenges retailers face. It also provides access to simulation tools to help internalize the concepts and a hands-on, problem driven approach to help participants understand and put into practice the concepts they learn. At the end of the course, participants will be able to make better decisions at every step of the retail process.