Courses Catalogue

Retail And Merchandize Planning Management

COURSE CODE: SP 3202
COURSE CREDIT UNIT: 0
ACADEMIC PROGRAMME: Supplies and Procurement Management, B.Sc
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Elective
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

To 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.