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WIZAPE
Apprentice Mode
10 Modules / ~100 pages
Wizard Mode
~25 Modules / ~400 pages

Retail Operations and Inventory Management
( 25 Modules )

Module #1
Introduction to Retail Operations
Overview of retail operations, importance of effective operations, and course objectives
Module #2
Understanding Retail Business Models
Types of retail business models, including brick-and-mortar, e-commerce, and omnichannel
Module #3
Retail Store Layout and Design
Principles of store layout and design, including visual merchandising and customer flow
Module #4
Inventory Management Fundamentals
Importance of inventory management, inventory types, and inventory turnover
Module #5
Inventory Costing Methods
Methods for calculating inventory costs, including FIFO, LIFO, and weighted average
Module #6
Inventory Control Systems
Types of inventory control systems, including manual and automated systems
Module #7
Supply Chain Management Overview
Introduction to supply chain management, including sourcing, logistics, and distribution
Module #8
Procurement Strategies
Effective procurement strategies, including vendor selection and negotiation
Module #9
Receiving and Stockroom Operations
Best practices for receiving and stockroom operations, including inventory receiving and storage
Module #10
Inventory Accuracy and Cycle Counting
Importance of inventory accuracy, cycle counting, and physical inventory processes
Module #11
Order Management and Fulfillment
Order management processes, including order taking, processing, and fulfillment
Module #12
Customer Service and Returns
Effective customer service strategies, including returns and exchange policies
Module #13
Loss Prevention and Shrinkage
Causes and prevention of loss and shrinkage, including theft and administrative errors
Module #14
Cash Handling and Point of Sale Operations
Best practices for cash handling and point of sale operations, including transaction processing
Module #15
Visual Merchandising and Display
Principles of visual merchandising, including display techniques and product presentation
Module #16
Inventory Optimization and Analytics
Using data analytics to optimize inventory levels and improve supply chain efficiency
Module #17
Omnichannel Retailing and Fulfillment
Omnichannel retailing strategies, including online and offline fulfillment options
Module #18
Warehouse Management and Distribution
Warehouse management best practices, including distribution and logistics
Module #19
Transportation and Logistics Management
Transportation and logistics management strategies, including carrier selection and route optimization
Module #20
Retail Technology and Automation
Overview of retail technology, including automation, robotics, and artificial intelligence
Module #21
Inventory Management for E-commerce
Inventory management strategies for e-commerce, including drop shipping and third-party logistics
Module #22
Seasonal and Promotional Inventory Management
Inventory management strategies for seasonal and promotional products
Module #23
Inventory Management for Multiple Locations
Inventory management strategies for retailers with multiple locations
Module #24
Inventory Management Best Practices
Best practices for inventory management, including benchmarking and performance metrics
Module #25
Course Wrap-Up & Conclusion
Planning next steps in Retail Operations and Inventory Management career


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