Retail

CMS Business School is one of the top B schools in Bangalore offering Logistics and Supply Chain Management as one of its specialisation. Students will learn to apply core methodologies (probability, statistics, optimization) used in supply chain modeling and analysis, models to make trade-offs between forecasting, inventory, and transportation, design supply chain networks, technology use within supply
chains; ERP software systems, impact of capacity utilization on throughput time under demand variability, managing uncertainty & risks in the supply chain, Industry best practices from leading practitioners and understand how supply chains act as systems and interact, and manage end to end supply chain management. This integrated course provides a knowledge of all functional areas of an organisation. Students can choose this course to prepare themselves basically as an entrepreneur or to pursue professional career in the corporates as logistics analysts, sourcing specialists, global supply analysts, purchasing managers etc. Students can look forward to opportunities in small to large organizations across all industry sectors broadly in areas like Operations Management, Procurement / Purchase and Inventory Management, IT & ERP, Logistics and Purchasing, Manufacturing Ops, Sales and Marketing, Strategic Sourcing, SRM, CRM and even in HRM.

Retail management is an integrated part of the supply chain management. A few years back, retail has been just the selling of goods in market places, stores, door-to-door and by hand delivery. But now, the trend has been changed in the retail market.
Now, the retail industries are establishing the network marketing by online shopping, through the websites and other technology, electronic payments and delivery through the courier and other services. Now, the retail management has come in the form of separate specialization.
Scope
Retail Industry is one of the fastest growing & challenging industries in the world & contributes the economic growth of the country. During the past few years in the retail sector, the demand for skilled professionals has increased. The retail management is the right career for those having the interest in merchandise, market & marketing, sales, advertising, campaigning and market research.
The Job opportunities are available in this field such as departmental stores, advertising agencies, supply chains, supermarkets, etc. Retailing involves a direct communication with the customer & coordinating the business activities. Those are specialists in retail management are known as Retail Managers.