Category Management – Employees Illustration of a manager making decisions on one side, and on the other side, an employee scanning codes in a food aisle. Category Management is the practice of grouping products by type into categories and treating them as strategic business units. By engaging in supplier collaboration and using data-driven insights, product mix, pricing, merchandising, and presentation are optimized in order to drive sales, increase profit, and improve customer experience.   This course has the following objectives: Understand how product categories are defined as structured business units Recognize how optimized category performance is accomplished Comprehend the way pricing and promotion strategies are implemented at the category level Learn how data driven category management decisions are made Course Duration: 8m Category Management – Employees Illustration of a manager making decisions on one side, and on the other side, an employee scanning codes in a food aisle. Category Management is the practice of grouping products by type into categories and treating them as strategic business units. By engaging in supplier collaboration and using data-driven insights, product mix, pricing, merchandising, and presentation are optimized in order to drive sales, increase profit, and improve customer experience.   This course has the following objectives: Understand how product categories are defined as structured business units Recognize how optimized category performance is accomplished Comprehend the way pricing and promotion strategies are implemented at the category level Learn [...]

Category Management – Supervisors Image of data-driven retail strategy connecting different store aisles. Category Management is the practice of grouping products by type into categories and treating them as strategic business units. By engaging in supplier collaboration and using data-driven insights, product mix, pricing, merchandising, and presentation are optimized in order to drive sales, increase profit, and improve customer experience.   This course has the following objectives: Understand how product categories are defined as structured business units Recognize how optimized category performance is accomplished Comprehend the way pricing and promotion strategies are implemented at the category level Learn how data driven category management decisions are made Course Duration: 8m Category Management – Supervisors Image of data-driven retail strategy connecting different store aisles. Category Management is the practice of grouping products by type into categories and treating them as strategic business units. By engaging in supplier collaboration and using data-driven insights, product mix, pricing, merchandising, and presentation are optimized in order to drive sales, increase profit, and improve customer experience.   This course has the following objectives: Understand how product categories are defined as structured business units Recognize how optimized category performance is accomplished Comprehend the way pricing and promotion strategies are implemented at the category level Learn how data driven category management decisions are made Course Duration: 8m

Finance - Balance Sheet Illustration of Financial Charts and balances. In this course, you'll explore the importance of the balance sheet as a financial tool, learn about its main components, and apply the balance sheet equation in practical scenarios to evaluate financial standing effectively and make informed decisions.   This course has the following objectives: Learn how the balance sheet serves as an essential financial tool. Define the main elements of a balance sheet. Apply the balance sheet equation in practical situations. Course Duration: 12m Finance - Balance Sheet Illustration of Financial Charts and balances. In this course, you'll explore the importance of the balance sheet as a financial tool, learn about its main components, and apply the balance sheet equation in practical scenarios to evaluate financial standing effectively and make informed decisions.   This course has the following objectives: Learn how the balance sheet serves as an essential financial tool. Define the main elements of a balance sheet. Apply the balance sheet equation in practical situations. Course Duration: 12m

Finance - Profit and Loss Illustration of a circle with graph arrows in the center and store, money icons surrounding it. A profit and loss statement, also known as a P&L, is a financial report that summarizes a company's revenues, costs, and profits or losses over a given time period. The profit and loss statement demonstrates a company's ability to generate sales, control costs, and make a profit. In this course, we will go over the fundamentals of the profit and loss statement.   This course has the following objectives: Define the meaning and purpose of the profit and loss statement. Explain different types of categories found on the profit and loss statement. Apply the concepts on the profit and loss statement to real life situations. Course Duration: 15m Finance - Profit and Loss Illustration of a circle with graph arrows in the center and store, money icons surrounding it. A profit and loss statement, also known as a P&L, is a financial report that summarizes a company's revenues, costs, and profits or losses over a given time period. The profit and loss statement demonstrates a company's ability to generate sales, control costs, and make a profit. In this course, we will go over the fundamentals of the profit and loss statement.   This course has the following objectives: Define the meaning and purpose of the profit and loss statement. Explain different types [...]

Finance - Inflation Basics Illustration of inflation showcasing money and banks. Inflation happens when there's more demand for goods than there are goods available. In this video, we'll learn about inflation, how it changes consumers’ spending habits, and the methods consumers use to save money. This course has the following objectives: Explain and define the meaning of inflation. List ways inflation affects consumers spending habits. Identify ways consumers are saving money. Course Duration: 8m Finance - Inflation Basics Illustration of inflation showcasing money and banks. Inflation happens when there's more demand for goods than there are goods available. In this video, we'll learn about inflation, how it changes consumers’ spending habits, and the methods consumers use to save money. This course has the following objectives: Explain and define the meaning of inflation. List ways inflation affects consumers spending habits. Identify ways consumers are saving money. Course Duration: 8m

Finance - Reducing Labor Costs Illustration of finance labor costs. Retail grocery managers and owners can save money now and in the future by closely monitoring labor costs. This is especially true for smaller retailers, where cash flow is often limited and where cost-cutting is not only beneficial but frequently required. In this course, we will explore methods for reducing labor costs. This course has the following objectives: Identify ways to optimize staff scheduling and reduce labor costs. Define the process of forecasting. Discuss best practices for scheduling. Course Duration: 18m Finance - Reducing Labor Costs Illustration of finance labor costs. Retail grocery managers and owners can save money now and in the future by closely monitoring labor costs. This is especially true for smaller retailers, where cash flow is often limited and where cost-cutting is not only beneficial but frequently required. In this course, we will explore methods for reducing labor costs. This course has the following objectives: Identify ways to optimize staff scheduling and reduce labor costs. Define the process of forecasting. Discuss best practices for scheduling. Course Duration: 18m

Finance - Shrink Illustration of a tablet monitoring company loss profits. A drastic increase in shrinkage or shrink is something you should monitor as it could be a sign of a problem with your company's operating practices which will result in a loss of profits. In this course, we will learn about shrink, how to calculate it, and the best practices for avoiding it. This course has the following objectives: Explain and define the meaning of shrink. List ways to calculate shrink. Identify best practices to prevent shrink. Course Duration: 22m Finance - Shrink Illustration of a tablet monitoring company loss profits. A drastic increase in shrinkage or shrink is something you should monitor as it could be a sign of a problem with your company's operating practices which will result in a loss of profits. In this course, we will learn about shrink, how to calculate it, and the best practices for avoiding it. This course has the following objectives: Explain and define the meaning of shrink. List ways to calculate shrink. Identify best practices to prevent shrink. Course Duration: 22m

Finance - Labor Costs and Calculations Illustration of money being calculated for labor costs. Labor costs can quickly reduce retailers’ earnings if risk factors are not actively monitored and adjusted. This course will teach you how to identify and calculate the factors that influence labor costs. This course has the following objectives: Identify factors that influence labor costs. Learn how to calculate labor costs. Course Duration: 10m Finance - Labor Costs and Calculations Illustration of money being calculated for labor costs. Labor costs can quickly reduce retailers’ earnings if risk factors are not actively monitored and adjusted. This course will teach you how to identify and calculate the factors that influence labor costs. This course has the following objectives: Identify factors that influence labor costs. Learn how to calculate labor costs. Course Duration: 10m

Finance - Inventory Management Illustration of a check marked list and box icons surrounding it. Retailers can learn how to cut costs and gain a better understanding of the actual sales patterns in their store by using tools and techniques for retail inventory management. In this course, we will go over some inventory management methods and formulas that you can use in real life situations.   This course has the following objectives: Explain different types of inventory management methods. Apply inventory formulas to real life situations. Course Duration: 20m Finance - Inventory Management Illustration of a check marked list and box icons surrounding it. Retailers can learn how to cut costs and gain a better understanding of the actual sales patterns in their store by using tools and techniques for retail inventory management. In this course, we will go over some inventory management methods and formulas that you can use in real life situations. This course has the following objectives: Explain different types of inventory management methods. Apply inventory formulas to real life situations. Course Duration: 20m

Finance - Profit and Loss Illustration of a circle with graph arrows in the center and store, money icons surrounding it. A profit and loss statement, also known as a P&L, is a financial report that summarizes a company's revenues, costs, and profits or losses over a given time period. The profit and loss statement demonstrates a company's ability to generate sales, control costs, and make a profit. In this course, we will go over the fundamentals of the profit and loss statement.   This course has the following objectives: Define the meaning and purpose of the profit and loss statement. Explain different types of categories found on the profit and loss statement. Apply the concepts on the profit and loss statement to real life situations. Course Duration: 15m Finance - Profit and Loss Illustration of a circle with graph arrows in the center and store, money icons surrounding it. A profit and loss statement, also known as a P&L, is a financial report that summarizes a company's revenues, costs, and profits or losses over a given time period. The profit and loss statement demonstrates a company's ability to generate sales, control costs, and make a profit. In this course, we will go over the fundamentals of the profit and loss statement.   This course has the following objectives: Define the meaning and purpose of the profit and loss statement. Explain different types [...]