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Program on Retail data science & maths
Rating: 3.7 out of 5(5 ratings)
14 students

Program on Retail data science & maths

The Ultimate Guide to Mastering Retail Maths: Certification Program Edition
Created byGaurang Govind
Last updated 6/2026
English

What you'll learn

  • Learn retail maths insights for right decisions making
  • Understanding of right matrix to use for decision making
  • Correlation of two data points and right decision making
  • Looking at data from multiple lenses

Course content

1 section27 lectures2h 18m total length
  • Introduction about course1:01
  • Understanding of Gross Sales2:14
  • Understanding of Damages5:19
  • What is Pareto Rule in Data Analysis 80:205:30
  • Whta is Gross Margin %1:24
  • What is Average Transaction Value4:17
  • What is Conversion % in Retail4:25
  • Whats is COGS (Cost of Goods Sold )5:33
  • Review of Store Key KPIs6:42
  • What is Ranking of SKUs7:02
  • What is Gross Margin on Labor (GMROL)4:20
  • Understanding of Quantity's per bill3:47
  • What is GMROI2:46
  • What is Sales to Stock Ratio2:37
  • What is Sell Through2:43
  • What is Stock Turn and stock Cycle9:41
  • What is Open to Buy Meaning1:54
  • What is OTP Understsanding7:40
  • What is EBIDTA in Retail3:06
  • What is P&L11:50
  • How to control damages2:05
  • What is Shrinkage5:32
  • What is Markup and Markdown Understanding5:18
  • Understanding of Merchandise Mix in Data analysis4:34
  • What is Pentagon Concept12:32
  • Vendor Margin Negotiations Process8:36
  • Understand Real Data for Data Analysis6:03

Requirements

  • Some Understanding of Retail business and data analysis Interest for right decision making

Description

Course Details are as follows


•Understanding of Gross Sales

•What is Gross Margin %

•What is Average Transaction Value

•What is Conversion % in Retail

•Whats is COGS

•What is pareto rule 80:20

•Understanding of Damages

•Review of Store Key KPI’s

•What is Ranking of SKUS

•Understanding of Qty’s per bill

•What is GMROI

•What is Gross Margin return on labor

•What is Sell through %

•What is Sales to Stock ratio

•What is Open to Buy Meaning

•What is OTP Understanding

•What is EBIDTA in Retail

•What is P&L

•How to Control Damages

•What is Shrinkage

•What is Markup and Markdown Understanding

•Understanding of Merchandise mix

•What is Pentagon Concept

•Vendor Margin Negotiations process

Data analysis video with real data

Retail is a science and important decisions are always taken basis the data. The period is of data analysis. The way forward

in order to be relevant in a job or business, data analysis is must to have. Jobs are changing very rapidly, new jobs are being created. Their is juge demand of professional with data fundemental understanding and ability to interpret it in a seamless manner. Time to check the learning curve and improve the learning basis for higher growth in the career.


All the best!




Who this course is for:

  • Retailers, Retail professionals, Retail Students and anyother retail enthusiast