Who should attend this Category Management Fundamentals Course?
The Category Management Fundamentals Training Course in Chicago is designed for anyone who wants to learn more about Category Management. The following professionals can benefit from attending this course:
- Category Managers
- Supply Chain Professionals
- Procurement Managers
- Sales And Marketing Managers
- E-commerce Managers
- Inventory And Demand Planners
- Supplier Relationship Managers
Prerequisites of the Category Management Fundamentals Course
There are no formal prerequisites for the Category Management Fundamentals Course. However, a basic understanding of business concepts, retail, and supply chain role will be beneficial for pursuing this course.
Category Management Fundamentals Course Overview
Category Management is a strategic approach used in retail and supply chain management to optimize the purchase and sale of products or services within specific product categories. It involves analyzing data, understanding consumer preferences, and collaborating with suppliers to make informed decisions about pricing, merchandizing, and inventory management in Chicago.
This course in Chicago equips delegates with the essential skills and knowledge to excel in Category Management roles. By understanding the intricacies of Category Management, professionals can contribute to their organizations' success by improving product assortment, increasing sales, and optimizing inventory levels.
This 1-day Category Management Fundamentals Course in Chicago offered by The Knowledge Academy, aims to teach delegates about Category Management aiding procurement, the different roles within Category Management, and more. Our highly experienced instructors will conduct this training.
Course Objectives:
- To provide a comprehensive understanding of the principles and concepts of Category Management
- To teach delegates how to effectively analyze data and consumer behavior to make informed category management decisions
- To explore strategies for optimizing product assortment within specific categories to meet customer needs and preferences
- To equip delegates with the skills to negotiate and manage supplier relationships to improve category performance
- To demonstrate the importance of pricing strategies and promotions in category management for maximizing profitability
By the end of this course in Chicago, delegates will become adept at analyzing data and consumer behavior to make informed decisions regarding product assortment, pricing, and inventory management. Furthermore, they develop strong negotiation and vendor management skills, ensuring profitable partnerships with suppliers. Delegates can also pursue more of The Knowledge Academy’s courses to expand their skillset.