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Managing Retail Productivity and Profitability (Paperback, 1st ed. 1996)
Loot Price: R4,446
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Managing Retail Productivity and Profitability (Paperback, 1st ed. 1996)
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Managing productivity and profitability in retailing has taken on a
particular role since the onset of the recession of the late 1980s.
Productivity can be improved simply by rationalising low performing
stores, merchandise ranges and by reducing the number of suppliers
and employees. However, this is not necessarily a long term
solution. The purpose of this text is to propose a means by which a
more proactive approach may be taken to improving both productivity
and profitability. The book develops a model based upon management
ratios typically used in retailing businesses for planning and
control purposes. The model encourages the use of existing
performance data to evaluate overall company productivity and
profitability together with performance characteristics of
individual functions. An additional feature of the approach is the
facility to explore the impact of changes to the retail offer
suggested by customer research responses. To facilitate the use of
the concepts and the model used, a disk is also available,
containing the application of the model to a number of the case
studies and a facility for the user to input their own data.
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