Retail Business Profit Maximization Workshop
Availability
- Classroom – May 11, 2021
- Virtual (ZOOM) – May 12, 2021
Overview
Retail Business Profit Maximization Workshop is designed to equip retail business leaders and manager with the requisite knowledge and techniques they need to optimize revenue and profit from their operations.
Running a successful and profitable retail business in today’s competitive business environment involves taking a wholistic, tactical and analytical approach to managing the business in order to optimize overall performance – in particular, key areas such as sales and profitability.
Retail Business Profit Maximization Success thus has a lot to do with accurately determining, measuring and improving the business Key Performance Indicators. This workshop therefore, delivers numerous powerful profit optimization techniques and tools – KPIs, Metrics, Analytics and designing of Balance Scorecard for retail managemnt that guarantees higher sales and profits when implemented.
Workshop Objectives
At the end of this workshop, pharmacy owners and managers will:
- understand the key pillars of a successful and profitable retail operation
- understand how to set KPIs, metrics and benchmarks
- gain techniques that are fundamental to running a successful and profitable retail operation;
- construct simple but effective Balanced Score Cards for use to optimize performance and profitability from day-to-day operations; and
- understand how to use insights from data to optimize traffic, employee, merchandise and store operations for increased productivity and profitability.
Outline
- Profit Maximization – Overview & Key Fundamentals
- The Business of Business
- The Basic Profit Equation
- Profit Optimization
- The 6 Pillars of a Successful Retail Business
- Objectives, KPIs & Metrics
- More KPIs and Metrics
- Key KPIs, Metrics, Insights and productivity & Profit Maximization
- The Retail Profit Multiplier
- Balance Scorecard – A Key Profit Optimization Technique
- Balance Scorecard – Design and Implementation in Retail for Productivity and Profit Optimization
- Scenario Case & Discussion
- The 90-Day Challenge
WHO SHOULD ATTEND
Retail managers and above charged with the responsiblity of driving overall sales, profit and growth strategy and sustainability.
CERTIFICATION
Retail Business Profit Maximization Workshop is a retail business management certification course. As such, participants will be issued certificates at the end of the workshop.
Date:
- Classroom – May 11, 2021
- Virtual (ZOOM) – May 12, 2021
Time:
- Classroom – 10:00am – 4:00pm
- Virtual (ZOOM) – 10:00am-1:00pm
Venue:
- Classroom – Bervidson Training Center, 3B Hakeem Dickson Road, Lekki Phase 1, Lagos
- Virtual – Zoom Link will be sent to paid participants only
Fee:
- Classroom – N69,950
- Virtual – N49,950
REGISTRATION & PAYMENT:
Register your nominees and pay online here
OR
Send all nominations to info@bervidson.com and make payments to:
- Bank: FCMB
- Account Name: Bervidson Consulting Limited
- Account No: 3432812015
For more information, call or email us today.
3B Hakeem Dickson Road, Lekki Phase 1, Lagos Nigeria
+234 1 291 7328, +234 803 343 4776, +234 809 334 4776, +234 808 933 8444
info@bervidson.com , www.bervidson.com