chapter_5_spreadsheet

chapter_5_spreadsheet - Retailing Dash-Board Management 1 2...

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Retailing Dash-Board Management 1. Management of retail margin (net $sales - net $cost of goods sold)/net $sales) 2. Management of merchandise inventory (measured as average annual inventory quantity x price) 3. Management of shop space selling feet (total sq. ft. of all stores) 4. Management of shop labor (measured in Full-time equivalent FTE employees) Management Ratios for Wal*Mart*: 6.6 = $1.35 Inventory Inventory $46 Selling Feet Retail Margin $304 $62.24 20.50% Selling Feet Selling Feet Selling Fe 565 FTE employees $171,534 $35,164 FTE Employees FTE Employees Management Ratios for Nordstrom*: 6.4 = $2.56 Inventory Inventory $62 Selling Feet Retail Margin $397 $158.72 40.00% Selling Feet Selling Feet Selling Fe 500 FTE employees $198,400 $79,360 FTE Employees FTE Employees x Turn: Net Sale Gross contribution x Inventory = x Net Sales = Gross contribution x = x Net Sales = Gross contribution x Turn: Net Sale Gross contribution x Inventory = x Net Sales = Gross contribution x = x Net Sales = Gross contribution
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Prof. Guilermo D'Andrea, IAE. 2004.
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  • Spring '08
  • YunhaoChen
  • Harshad number, FTE employees, selling feet, Dash-Board Management, Customer Information Consumption, Prof. Guilermo D'Andrea

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chapter_5_spreadsheet - Retailing Dash-Board Management 1 2...

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