Building Data Competency: POS Data

Building Data Competency: POS Data

Course Overview

Learners get an in-depth look at retail POS data, including retailer and third-party scanned sales data, and learn how the data is derived and understand key measures and definitions that relate to POS data. Trends, out of stocks, sales and profitability, distribution and shopper insights will be reviewed in retail POS data, so that participants learn how to maximize its potential. This includes calculations like Calculate shelf capacity, comp stores, gross margin, markup, initial markup, markdown, and margin.

 

Approximately 2 hours course time

 

Learning Objectives for Building Data Competency: POS Data

Define retail POS data and explain the different sources of this data;
Calculate shelf capacity, comp stores, gross margin, markup, initial markup, markdown, margin;
Describe the uses and watch outs for POS Data;
Explain how POS data can be used for shopper insights; and
Leverage POS data to identify and explore business opportunities.
UPGRADE & SAVE. Get the Premium Building Data Competency: POS Data Course Package with purchase of CPCM / Intermediate Training Program.
 

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