LAPT
London Academy of Professional Training
Adv Certificate
Level 4-5
Practitioner
Retail Industry
Adv Certificate in Retail Buying & Category Management
REF: RT-RBM-P
Prerequisites
None
Awarding Body: LAPT — London Academy of Professional Training
Curriculum Overview
1
Assortment and Stock Management
Introduction to Assortment and Stock Management
Demand Forecasting and Inventory Planning
Assortment Optimization Techniques
Supplier Relationships and Procurement Strategies
Performance Analysis and Stock Turnover
2
Sales Data Analysis
Fundamentals of Sales Data in Retail
Techniques for Analyzing Retail Sales Data
Utilizing Software Tools for Sales Analysis
Interpreting Sales Data to Inform Buying Decisions
Advanced Sales Data Strategies for Optimizing Category Management
3
Negotiation and Supplier Management
Understanding the Basics of Negotiation in Retail Buying
Building Effective Supplier Relationships
Advanced Negotiation Tactics for Retail Success
Evaluating Supplier Performance and Managing Challenges
Leveraging Technology in Supplier Management
4
Market Trends and Consumer Insights
Understanding Retail Market Dynamics
Identifying Consumer Behaviour Patterns
Analyzing Market Trends and Forecasting
Leveraging Consumer Insights for Strategic Buying
Adapting to Emerging Retail Trends
5
Category Management Strategies
Understanding Category Management Fundamentals
Analyzing Consumer Behavior and Market Trends
Developing Category Strategies and Tactics
Optimizing Assortment Planning and Product Selection
Measuring and Evaluating Category Performance
6
Retail Buying Principles
Understanding the Retail Buying Process
Supplier Relationship Management and Negotiation
Analyzing Consumer Demand and Market Trends
Product Assortment and Inventory Management
Legal and Ethical Considerations in Retail Buying
Assessment Breakdown
Passing Mark: 300 / 500 (60%)
How to Enrol
Website: lapt.org
Email: info@lapt.org
Phone: +44 7513 283044
Address: 85 Great Portland Street, W1W 7LT, United Kingdom
Hours: Monday – Friday, 9AM – 5PM