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Offline retail store management course
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Module 7
Inventory Management
1
Inventory Tracking: Spreadsheets vs. POS Systems
Compare common inventory tracking methods such as spreadsheets and POS software for a small retail store
2
Structuring Product Data for Inventory
Define a structured format for product information including SKUs, descriptions, and supplier details for inventory management
3
Setting Up Your Inventory System
Perform the initial setup of an inventory tracking system using a sample set of products
4
Reorder Points and Safety Stock
Calculate reorder points and safety stock levels for key product categories
5
Decoding Beauty Dates: Shelf Life & Expiration
Manage product shelf life and expiration dates for beauty and cosmetic products
6
Physical Inventory: Counting and Reconciling
Conduct a physical inventory count and reconcile discrepancies
7
ABC Analysis for Inventory Prioritization
Apply the ABC analysis method to prioritize inventory management efforts
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Product Sourcing and Supplier Management
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Pricing and Financial Management