Course description
Retail Math Basics
Numbers play a role in every retail business. From sales volumes to inventory counts, retailers need to understand how math can help them be successful. This course will cover some of the basic measurements and calculations used in the retail world. You will strengthen your math skills by working through examples and exercises, including calculating common retail metrics.
Upcoming start dates
Training content
- Understand the definition of percentage
- Apply concepts of percentages to perform related calculations
- Calculate averages related to retail businesses
- Calculate markup percentages and profit margins for products
- Calculate the retail price for a product using markup percentage and profit margin
- Define several key retail metrics related to inventory, customers, and employees
- Calculate several key retail metrics related to inventory, customers, and employees
- Apply break-even analysis to retail situations
Course delivery details
Course Access Time: 90 days
Certification / Credits
Credits: 0.5 CEUs
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Project Management Experts (PME) is just that, a consortium of project management experts with at least 20 years of experience who have re-directed their careers to improving the project management competency of our clients. Our training classes focus on building...