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Store management

Store management consists of implementing all day-to-day business management, from production to commercial management, including team leadership .

It’s a different concept from inventory management, which involves ensuring the replenishment of products. Store management is much broader.

store management

Store managers can handle many different tasks:

  • They negotiate purchases, comparing prices and services from different suppliers.
  • They manage store openings.
  • They choose and receive products.
  • They take care of stock control.
  • They calculate stock coverage.
  • They adapt product layout to store structure.
  • They recruit to ensure the development of the business.
  • They calculate margins and improve profitability.
  • They implement sales development strategies.
  • They take the time to analyze the strengths and weaknesses of their retail store.
  • They build a concept that reflects the company’s image.
  • They communicate to attract new customers and build customer loyalty.
  • They try to keep up with the competition and adapt to the economic context.
  • If necessary, they reinvent their sales methods.
  • They manage the IT system involved in running the business.
  • They set up and enrich the company’s qualified customer database.

If necessary, if a manager isn’t alone, they manage their team, distribute tasks, draw up a schedule, and optimize the running of the business.

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