Skip Navigation
 

Schedule of Classes

View Academic Calendar

RTMG201 - Retail Inventory Management

 

Retail inventory management is a strategic factor in retail environment success. In this course students review Retail inventory management processes and methods used to keep track of stock. These methods control ordering, shipping, receiving, tracking inventory, retail turn-over, and storage. Retail inventory management is a significant factor in managing a business’ profits at a steady margin as well as reducing theft and loss of inventory. Many retail businesses lose money every year because they do not have a successful inventory management system in place. Students will review the following functions for a retail business: Tracking and managing the inventory for the business to keep up with store markdowns; Evaluating how well groups of products perform in sales; Provides analysis for comparison shopping with competitors; Collecting data on the sales and inventory of individual stores using SKU; and Methods to accurately review inventory. Students will distinguish between large and small retail organizations, and variations in inventory management based upon the nature of the inventory (perishable, seasonal, fashion, etc) An analysis of skills, tools, and resources required for effective inventory management will be reviewed as well as strategies for keeping inventory current and ways to identify and mitigate inventory management challenges and risks in order to support retail organization profitability.

 

Prerequisites

N/A

Corequisites

N/A

Schedule of Classes

Registration Dates Course Dates Session
05/28/18 - 11/02/18 11/05/18 - 12/30/18 Fall 2018 Session I - 8 Week session
06/25/18 - 11/30/18 12/03/18 - 01/27/19 Fall 2018 Session D - 8 Week session
08/27/18 - 02/01/19 02/04/19 - 03/31/19 Winter 2019 Session I - 8 Week session

Course Materials

Previous Syllabi

Book Title: Essentials of Inventory Management, 2nd ed.-E-book available in the APUS online library. Link provided in the classroom lessons section.
ISBN: 9780814416556
Publication Info: American Management Association
Author: Muller, Max
Unit Cost: $28.85
Electronic ISBN: N/A
Electronic Unit Cost: N/A

Book Title: Operations and Supply Chain Management: The Core, 4th ed. - the VitalSource e-book is provided inside the classroom
ISBN: 9781259549724
Publication Info: McGraw-Hill
Author: Jacobs
Unit Cost: $237.56
Electronic ISBN: 9781260324587
Electronic Unit Cost: $35.00