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Financial Operations
At the end of this class, retailers will have a defined sales plan and be able to review their financials at a higher level in order to make daily, sales-driving strategic decisions. Session topics include:
Retail metrics to monitor daily
Reviewing sales reports and proactively predicting sales opportunities
Attributing products for more granular sales detail
Open-to-buy management (How to determine how much inventory to purchase)
Inventory management best practices
Building your financial plan