Retail Doctor Academy

Welcome to Inventory Management

This is a Fit for Business™ Category Cardio™ course

This course has been developed specifically for retailers such as:

  • Store owners
  • Store managers
  • Regional and state managers
  • Team leaders
  • Retail staff wanting to understand category management
  • Buyers and merchandisers

By the end of this module, you will be able to:

  • Define category management as an evolving, consumer-led approach to retail product management.
  • Identify associated product management systems.
  • Consider the implications of category management for retail buying organisation structures and supply partners.
  • Outline the limitations of category management.
  • Implement a merchandise management system to improve your gross margin and cash flow.
  • Analyse product categories to improve margin profitability and cash flow.
  • Define inventory productivity.
  • Use Gross Margin Return on Inventory (GMROI) as merchandise productivity.

This content is only available to subscribers of The Retail Doctor Academy.