This course will enable students to master the intricacies of Retail Merchandising Management.
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24RTM331 |
Retail Merchandising Management (Theory) |
On completion of this course, the students will be able to; CO1: Explore the fundamentals of Retail Merchandising. CO2: Examine the process of Merchandising Planning. CO3: Evaluate the methods of Merchandize Procurement. CO4: Devise and Implement Merchandise Plans & Evaluating Merchandise Performance. CO5: Explore the relevance of Visual Merchandising & Retail Store Design CO6: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching
Learning activities for the students: Self learning assignments, Effective questions, Giving tasks |
Continuous assessment test, Year end examinations, Quiz, tutorials, Assignments, Presentation, Individual and group projects |
• Introduction, Evolution, Factors affecting the merchandising functions.
• The Merchandiser : Role and Responsibilities
The Buyer: Role and Responsibilities
• The concepts of Merchandising planning
• The implications of planning
• The process of Merchandising planning
Tools used for merchandising planning
• Merchandise sourcing
• Methods of procuring merchandise
• The concepts of private label
• Category management
Types of vendors, types of merchandise
• Devising Merchandise Plans
• Gathering information
• Selecting and interacting merchandising plan.
• Inventory Management
ABC Analysis, Sell through analysis, multiple attitude methods.
• Methods of display
• Retail store Design- Exterior- Interior
Types of Layout- Grid Layout, Racetrack Layout, Freeform Layout
• Swapna Pradhan, Retail Management McGraw Hill
• Berman and Evans, Retail Management – A strategic approach, MacMillan Publishing Co.
• Levy and Weitz , Retail Management Tata McGraw Hill
Suggested Reading:
• Bajaj Chetan, Tuli Rajnish Srivastava Nidhi
• Retail Management Oxford Univ. Press