Retail

Hi Shobha,
Store Management is an integral part of the entire supply chain procedure. Store managers work towards meeting personal and location sales metrics and customer satisfaction standards by maximizing the customer's experience. They are engaged in managing all phases of store operations to ensure maximum sales and profitability.
Retail operations managers are in charge of a lot more than a single store. Often the operations manager is in charge of general oversight for several different retail locations. Having a background in retail, business management or a combination of the two is helpful when seeking this type of position. When considering applying to a retail operations manager opening, check to make sure that your skills meet the basic job requirements.
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Hi Mohit,
A good Retail management course should ideally cover the following areas:
The evolution of world retailing
Retailing in the world and India
Retailing Concepts
Retail Marketing
Retail Store Operations
Information Technology & Internet in Retailing
Fundamental accounts & Finance in retailing
Pricing, Promotions & Markdowns in Retailing
Supply Chain Management in Retailing
Retail category management & Sourcing
Understanding Customer Behavior Retailing
Retail Selling Skills
Understanding Services Marketing
CRM & Customer Loyalty Management
Visual Merchandising & Space Planning
Luxury and lifestyle Retailing
Business Communication & Social Etiquette in Retailing
Placement Preparatory Training
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Hi Shobha,
Supply chain management (SCM) deals with the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers.
Career Prospect:
One can start his or her career as a management trainee, analyst, or front line supervisor. The field has no standard career path, but with a broad base of business skills, knowledge of supply chain processes, and relevant internship/work experience, you will have the opportunity to begin your career with a manufacturer, retailer, carrier, third party logistics firm, or other organization. Starting salary will range between Rs. 10,000 and Rs 15000.
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Hi Shobha,
Supply chain Management is the study relating to the entire operations of a Industry starting from getting the orders from the customers, planning and procuring the materials, production planning, dispatches and delivery to the Customer. All the above stated functions are connected together as a chain and hence the managing of the supply chain is known as Supply Chain Management. The coordination and management of the supply chain activities are known as Supply Chain Management.
Material Management is the study relating to the procurement, storage and dispatch of the materials and it is one part of the supply chain management.
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Hi Shobha,
Logistics Management is a small portion of Supply Chain Management that deals with management of goods in an efficient way. Although, if we talk about Supply Chain Management, it is a broader term which refers to the connection, right from the suppliers to the ultimate consumer. People are quite puzzled between these two concepts.
Logistics Management- The process of integrating the movement and maintenance of goods in and out the organization is Logistics.
Supply Chain Management- The coordination and management of the supply chain activities are known as Supply Chain Management.
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