Improving Stock Management and Profits in the Retail Sector

TEACHING UNIT 1. INVENTORY PLANNING

1. Introduction.
2. The design of the stock.
3. The problems faced by suppliers and the retail sector.
4. Sales management.
5. Criteria for determining stock levels.
6. Needs and customs.
7. Attendance by families.
8. Types of establishments by stock.
9. Designed stock.

TEACHING UNIT 2. STOCK AND ITS IMPACT ON RETAIL PROFITS

1. Introduction.
2. Stock and revenue.
3. The abc curve and the stock.
4. The abc curve of the margin.
5. Stock profitability indicators.
6. ABC curve for stock turnover.
7. Cross-selling of stock.
8. The maths and the depth of the stock.

TEACHING UNIT 3. MARGINS, PROFITS AND STOCK

1. Introduction.
2. Inventory costs.
3. Business expenses.
4. Average stock.
5. Stock and associated costs.

TEACHING UNIT 4. OPTIMISING STOCK MANAGEMENT

1. Introduction.
2. The replenishment tool.
3. The order unit or time unit.
4. Stock management in practice.

TEACHING UNIT 5. STOCK AND TECHNOLOGY

1. Introduction.
2. Digital models for stock management.
3. The technological foundations for stock management.
4. The outgoing barcode.
5. The input barcode.
6. Stock management software.
7. Reports from a stock management programme.
8. Purchasing without placing an order.
9. Seasonal adjustment.
10. Administrative procedures.
11. Stock take without counting items.