An efficient and effective material management system is important in the purchasing and inventory control for effective cost control in maintenance. We hope you find this book to be as informative and readerfriendly as possible. Inventory control inventory is the stock of any item or resource used in an organization and can include. Concept based notes sales and distribution management. They were created from several research and academic references. Any use of these notes for making profit is not permitted. Jul 06, 20 principles of management lecture notes 1. Sales management differs from other fields of management, mainly in different aspects. A manager is the person responsible for planning and directing the work of a group or individuals, monitoring their work, and taking corrective action when necessary. A mediumterm, subordinated, unsecured debt obligation usually issued by a multinational corporation.
Evidently, retail trade is one that cuts off smaller portions from large lumps of goods. Store management lecture notes chapter 9 storage management. In the following paragraphs the principles of management is being explained. Bringing about operational efficiency at this last stage and making an environment so compelling. This is illustrated for the above example, using the 97. Before discussing the principles of management it is to explain that all industrial or business activities can be classified as follows. Materials managements joint certificate programme with the chartered institute of purchasing and supply, u. Management information system notes and study material. But, it has gained a significant position in the todays world.
Manager may refer to as anyone who uses management skills or holds the organizational title of manager. He has also conducted a series of inhouse programmes for several term stint in training staff of petronas in stores, purchasing and materials management. Notes retail and distribution management slideshare. It is not limited to quantities but to the exact requirement of last user. Merchandise management revisited decisions related to delivery of service. Management information systems notes lecture 2 september 2005 these notes are for class use only. Technical activities consisting of production or manufacture 2. A group admin can goto a file to mark it as official and lock it from editing.
Thus, simultaneous with the changes taking place in the business, as well as marketingorientation, anew concept of sales management has evolved. Management information system by sikander saini 149519 views. Principles of retailing edinburgh business school vii module 8 retail selling 81 8. Between the producer and consumer there is a middle man who is retailer.
When you share something you know or have with others, you are not just helping others. A marketing plan is a written document containing the guidelines for the organizations marketing programs and allocations over the planning period cohen 2001. Understand the areas of accountability for retail management. Originally, the term sales management referred to the direction of sales force personnel.
Management information systems rutgers business school undergraduate new brunswick professor eckstein, spring 2007 class notes class 1 overview, course rules overview topic. Can retailers flourish in todays tough marketplace. We all know that the term economics is defined as a social science. Unit i overview of management definition management role of managers evolution of management thought organization and the environmental factors trends and challenges of management in global scenario. Lesson 1 an overview of retailing introduction the word retail is derived from a french word with the prefix re and the verb tailer meaning to cut again.
Management is a transformation process consisting of planning, organizing, staffing, directing and controlling. The principles and techniques of management are universally applicable to all group activities performed at any level of organization. Lecture notes download only for management information. As per the revised syllabus 201617 of mumbai university for. Forecast demand independently for each item based on usage history establish lot sizes independently for each item based on demand forecasts establish safety stocks independently for each item based on forecast errors which make the following assumptions. Key product management concepts we provide a clear definition of a product, and the core. Notes durable goods and services stores including the general. Management information system can be defined as a formal method of collecting timely information in a presentable form. Please note that a strategic marketing management plan is a writ ten document, not just an idea. Inventory control is the supervision of supply, storage and accessibility of items in order to ensure an adequate supply without excessive oversupply.
The mission of the total quality leadership tql office, office of the under secretary of the navy, is to assist the department of the navy don leaders in their qualityfocused improvement efforts. Positive and normative economics microeconomics quiz mcqs management notes positive and normative economics. Basics of retail merchandising, process of merchandise. Feb 29, 2016 management information system mis by navneet jingar 206342 views. Pdf notes of management information system pdfmachine is a pdf writer that produces quality pdf files with ease.
Lecture notes download only for management information systems, th edition. Now, the sales management meant management of all marketing activities, including advertising, sales promotion, marketing research, physical distribution, pricing, and product merchandising. Mba retail management notes pdf rm notes smartzworld. Introduction to management and leadership concepts. Retail management i about the tutorial retail management is an activity of selling products or services to their endusers. A regional or social variety of a language distinguished by pronunciation, grammar, or vocabulary, especially a variety of speech differing from the standard literary language or speech pattern of the culture in which it exists. View notes store management lecture notes from cosc 425 at pepperdine university. Retail decision makers can best address these questions by fully understanding and applying the basic principles of retailing in a wellstructured, systematic, and focused retail strategy. Download free sample and get upto 65% off on mrprental.
The management scientist has an inventory module that allows us to incorporate probabilistic demand during lead time into the eoq orderquantityreorder point model. The tql office also provides technical advice to a number of organizations inside and outside government. The data are permanent in the sense that they remain in. Understand how the role of the manager impacts the success of a retail business. Download operations management notes ebook by pdf online. An overview of strategic retail management welcome to retail management. The fundamentals of retail management program goals and course objectives program goals. Retail marketing firms are susceptible to economic conditions, both directly and through the medium of market place. File management 1 file management we shall now examine how an operating system provides. A prerequisite for this course is an understanding of file management. The relative size of each countrys retail market is represented by. Asset management, as described later in this document, is a business pro cess and a decisionmaking framework that covers an extended time horizon, draws from economics and engineering theory and practice, and considers a. Chapter 9 storage management memory allocation techniques uniprogramming fixedpartition multiprogramming. For example, the costs of all inputs positively respond to upward swing of economic condition which will affect the output price and consequently affect the sales.
Lecture notes data management and file structures course. Sales and distribution management 7 for free study notes log on. The appraiser makes a note of all the critical incidents that reflect the. The five management functions of planning,organizing,controlling, directing, and staffing are brought to life and connected by decision making, which is itself a subset of the essential process for managers that is known as problem solvintroduction to management and leadership concepts, principles, and practices. Management information system ppt by shashank salve 310468 views. An overview of strategic retail management pearson canada.
Uses the concept of management information system can be evolved for a specific. Sales management refers to the administration of the personal selling component of a companys marketing program. It is a process through which goods are transported to final consumers. Retail management is the process of bringing the ultimate user to the main producer through a series of stages where retailing is the last one. It also introduces you to visual merchandising, retail marketing mix, and etailing.
Retailmanagement page3 retailing module 1 the distribution of products begins with the producer and ends at the ultimate consumer. A management information system is a system design to. Cas 103 intro to windows or cas 3 beginning computers. Provide distribution efficiency provide salesmanship help in price mechanism look. Advanced financial management pdf notes book starts with the topics introduction and perspectives on retailing, store security, parking space problem at retail centre, store record and accounting system, coding system. Management information system by ramya sree 46392 views. The objective is to enable students to acquire skills in retail management. Here you can download the free lecture notes of advanced financial management notes pdf afm notes pdf materials with multiple file links to download. Data management and file structures, data management and file structures course, data management and file structures dersi, course, ders, course notes, ders notu. Become familiar with how the retail industry works.
As a major source of employment retailing offers a wide range of career opportunities including. Brainmates introduction to product management training course 2 course syllabus during the one day training session, participants will learn the fundamentals of product management and what is required to manage products for growth. Buy operations management notes ebook by pdf online from vtu elearning. Easy management notes is a resource sharing platforms for the management students, professors, entrepreneurs and research scholars. Purchasing and inventory control purchasing and inventory. It is 3 years under graduation course provides you wide career opportunities in accounts, commerce, management fields. This tutorial introduces you to various concerns of retail business such as retail marketing, space management, and retail operations. If you want to learn more about file management, pcc offers the following courses. Which of the following is a characteristic of debtorcreditor relationships. Principles of retailing suzanne fernie bsc, tqfe, dms marketing, mba suzanne is a further and highereducation lecturer in retailing and marketing, specialising in.
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