Retail And Merchandize Planning Management
equip supply and procurement students with the necessary knowledge and skills
needed to understand the nature of retail organizations, their management, and
strategic importance in the current economy as a mechanism of promoting
economic growth and development.
EXPECTED LEARNING OUTCOMES
By the end of this course
unit, students should be able to:
- Explain the retailing and its strategic
importance in promoting economic growth and development.
- Explain the retail environment, the
different models of environmental analysis, and strategies propounded for
organizational survival in dynamic environments.
- Discuss the operational objectives that
can be devised by any retail organization as a mechanism of winning
customer loyalty and competitiveness in the procurement retail industry.
- Discuss the concept of partnership,
values chain analysis, and vendor inventory management as fundamental of
the supply chain process.
- Give an account of the stock control and replenishment
techniques used in retail business to ensure efficiency and effectiveness
in service delivery, etc.