Loss Prevention II
Three security staff members. One woman and two mean wearing bright yellow vests.
Profit is low in the food retail industry. The net profit margin is roughly 1% of sales. According to the 2010 Independent Grocers Survey, respondents reported only 1.68% of profit before taxes (FMS and NGA). This means that for every $100 in sales, the store makes only $1.68 of profit before taxes.
Profits are small because the food retail industry is competitive… and every detail can significantly affect the numbers!
• Select how to calculate store and department profitability.
• Select how to calculate inventory turnover and shrink.
• Select entries on a balance sheet.
This course has the following objectives:
• List the different types of theft and prevention methods.
• List the steps to follow if you see someone shoplifting or witness a robbery.
Course Duration: 120m
Loss Prevention II
Three security staff members. One woman and two mean wearing bright yellow vests.
Profit is low in the food retail industry. The net profit margin is roughly 1% of sales. According to the 2010 Independent Grocers Survey, respondents reported only 1.68% of profit before taxes (FMS and NGA). This means that for every $100 in sales, the store makes only $1.68 of profit before taxes.
Profits are small because the food retail industry is competitive… and every detail can significantly affect the numbers!
• Select how to calculate store and department profitability.
• Select how to calculate inventory turnover and shrink.
• Select entries on a balance sheet.
This course has the following objectives:
• List the different types of theft and prevention methods.
• List the steps to follow if you see someone shoplifting or witness a robbery.
Course Duration: 120m