Retail Management Sessions Plan

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    Retail Management Sessions Plan - Presentation Transcript

    1. KIIT School of Management KiiT Deemed University Pune Retail Management Session Plan Faculty Name : Prof. Sikta Pati No. of Sessions : 26 Credits :4 Course Objectives : • To familiarize the students with the basic concepts of Retail Management as understood in the international context • Relate the concepts to real life situations through Case Study method • Emphasize on Retail Management experiences in India with study of future possibilities • Facilitate the students in conducting field study of retail business in Pune, as representing the Indian scenario • Equip the students with the overall knowledge & abilities necessary to manage a retail business Evaluation :  Field Work / Assignment (Group wise) 15 marks (to be submitted 15 days before the commencement of end term exam) Case Study 10 marks  Class Tests (2*5) 10 marks  Class Participation 05 marks   Mid Term Exam 20 marks  End Term Exam 40 marks 1
    2. Session Schedule Module 1 : Introduction to Retail Management 2 sessions – Role, Relevance & Trends Topics 1. What is Retailing 2. Retail Industry & Economy 3. Retail Industry in India 4. Characteristics of Retailing 5. Role of Services in Retailing 6. Functions & Activities of Retailers 7. Categorizing Retailers 8. Structure & Nature of Retailing Channels Module 2 : Retailing in India 2 sessions Topics 1. Traditional Formats 2. Emergence of Organized Retailing 3. Cooperatives & Government Bodies 4. Modern Retail Formats in India 5. Geographical Markets 6. Retailing in Rural India 7. Retail Strategy with Respect to Specific Product Categories 8. Vertical Marketing System in Indian Retailing 9. Challenges in Retail Business in India Module 3 : Retail Organization 3 sessions Topics Theories of Structural Change 1. Classification of Retail Units 2. Variety of Merchandise Mix 3. Method of Customer Interaction 4. 2
    3. Module 4 : Strategic Planning in Retailing 2 sessions Topics 1. Situation Analysis 2. Objectives 3. Identification of Consumer Characteristics & Needs 4. Overall Strategy 5. Specific Activities 6. Control 7. Feedback Module 5 : Retail Location 3 sessions Topics Importance of Location Decision 1. 2. Levels of Location Decision 3. Determining Factors 4. Types of Retail Location 5. Types of Consumer Goods & Location Decision 6. Site Selection Analysis 7. Selection of Particular Shopping Centre or Market Area 8. Estimate of Store Sales 9. Traffic Count 10. Retail Location Theories 11. Location Assessment Procedures Module 6 3 sessions Atmospherics & Retail Space Management Topics 1. Atmospherics 2. Store Space Management 3. Wall ; Retailing Tools 4. Colour Planning 5. Physical Materials in Store Designing 6. Atmospherics in the context of internet 7. Retailing 3
    4. Module 7 : 4 sessions Merchandise Management Topics 1. Product Management 2. Brand Management & Retailing 3. Merchandise Management 4. Model Stock Plan 5. Constraining Factors 6. Types of Suppliers 7. Criteria for Selection of Suppliers 8. Category Management 9. Merchandise Management Planning in various Retail Segments Module 8 : 1 session Current Retail Industry Scenario Topics 1. National Scenario 2. Global Scenario Module 9 : 3 sessions Retail Market Segmentation Topics 1. Market Segmentation 2. Benefits of Market Segmentation 3. Segmenting, Targeting & Positioning 4. Criteria for Effective Market 5. Segmentation 6. Kinds of Markets 7. Dimensions for Segmentation 8. Market Targeting 9. Customer Profile 10. Survey of Buyers Intentions 11. Market Segmentation in India 4
    5. Module 10 Retail Operations 3 sessions Topics 1. Operations Blueprint 2. Store Format, Size & Space Allocation 3. Personnel Utilization 4. Store Maintenance, Energy Management & Renovations 5. Inventory Management 6. Store Security 7. Insurance 8. Credit Management 9. Computerization 10. Outsourcing 11. Crisis Management READING LIST : Text Book  Retail Management ; A Strategic Approach – Barry Berman & Joel R. Evans Reference Books  Retailing Management – Levy & Weitz  Retailing Management – Swapna Pradhan  Retail Management – Chetan Bajaj 5

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