Retail Operations
2
Objectives
• The store administration and management
process
• Managing inventory at the store level
• Managing Receipts
• Customer Service at the store
• Managing events & promotions
3
Tasks to be performed at the store
level
Receiving
and
displaying
goods
Providing
customers
‘shopping’
experience
Recording
sales
Managing alliances/partnerships and promotions/events
Store administration and management of premises
4
Typical tasks to be performed
• Store Administration & Management of
Premises
• Managing Inventory & Display
• Managing Receipts
• Customer Service
• Managing Events, promotions, Alliances and
Partnerships
5
Management of Premises
• Duration of hours for business
• Responsibility for opening & closing the store
• Security of store Premises
• Security of merchandise
6
Store Administration
• Cleanliness of the store premises
• Maintenance of the store façade & display
windows
• Time keeping of store staff
• Meeting requirements with respect to licenses
& permissions as required by the law of the
land
7
Managing Inventory & Display
• Receiving & Inwarding of goods
• Maintaining proper documentation for goods
received and returned from the store
• Display of merchandise in various sections
• Special displays in case of events &
promotions
8
Managing Receipts
• Determining the mode of receiving payments
for sales – cash, credit cards, co-branded
cards, etc
• Maintenance of records
• Method of billing may be an aspect of store
operations which most of the staff are
conversant with.
9
Customer service
• The customer service policy defined by the
management is actually put into practice at the store
• Handling loyalty programmes
• Handling irate customers
• Handling situations when there is an increase in the
number of customers in the store – Diwali,
Christmas, a discount sale, etc
10
Managing
Events, Promotions, Alliances…
• Local tie-ups for certain products / services
• During events, promotions – staff needs to be
trained on all aspects of the event/ promotion
and the specialties in merchandise if any

Retail operations

  • 1.
  • 2.
    2 Objectives • The storeadministration and management process • Managing inventory at the store level • Managing Receipts • Customer Service at the store • Managing events & promotions
  • 3.
    3 Tasks to beperformed at the store level Receiving and displaying goods Providing customers ‘shopping’ experience Recording sales Managing alliances/partnerships and promotions/events Store administration and management of premises
  • 4.
    4 Typical tasks tobe performed • Store Administration & Management of Premises • Managing Inventory & Display • Managing Receipts • Customer Service • Managing Events, promotions, Alliances and Partnerships
  • 5.
    5 Management of Premises •Duration of hours for business • Responsibility for opening & closing the store • Security of store Premises • Security of merchandise
  • 6.
    6 Store Administration • Cleanlinessof the store premises • Maintenance of the store façade & display windows • Time keeping of store staff • Meeting requirements with respect to licenses & permissions as required by the law of the land
  • 7.
    7 Managing Inventory &Display • Receiving & Inwarding of goods • Maintaining proper documentation for goods received and returned from the store • Display of merchandise in various sections • Special displays in case of events & promotions
  • 8.
    8 Managing Receipts • Determiningthe mode of receiving payments for sales – cash, credit cards, co-branded cards, etc • Maintenance of records • Method of billing may be an aspect of store operations which most of the staff are conversant with.
  • 9.
    9 Customer service • Thecustomer service policy defined by the management is actually put into practice at the store • Handling loyalty programmes • Handling irate customers • Handling situations when there is an increase in the number of customers in the store – Diwali, Christmas, a discount sale, etc
  • 10.
    10 Managing Events, Promotions, Alliances… •Local tie-ups for certain products / services • During events, promotions – staff needs to be trained on all aspects of the event/ promotion and the specialties in merchandise if any