THERE IS A HELL! - - - IT IS CALLED RETAIL RETAIL – DEAD END CAREER? | Page 10

RETAIL – DEAD END CAREER? 10. Timely ordering of inventory: This is another important aspect of a retail Store Manager's duties. The levels of inventory should be monitored and kept in adequate amounts at all times. If customers do not find what they are looking for, they will just go to another store.Your inventory should be such that a customer should never leave your store empty-handed. If at all it ever happens, the incident should not repeat! 11. Hire the right people: A Retail Manager's success is largely dependent on the kind of people he/she helps to hire. The staff that is hired has to have the ability of making a quantifiable and meaningful contribution to the store's performance. In order to be able to rise in the organization, the Store Manager has to draw the attention as well as the recognition of the top management. The correct people will help in showcasing their talents while they achieve their objectives. Make sure you motivate them to always deliver their best. 12. Training the staff: Hiring the right kind of people and keeping them motivated is only a part of a Retail Store Manager's path to success. The main part of a manager's job is to train the staff so that they are aware of what is expected of them. This will ensure that all the people involved in the success of the store move in the same direction. 13. Incorporating time management skills: After hiring the right people, training them fully, and getting them ready to achieve success, the next thing a retail Store Manager has to take care of is managing their time along with the changing priorities they have to deal with each day. This is especially true in case of SALE periods and during holidays, when the store may have an unusual amount of rush. Your staff should be trained enough to handle large number of customers without making mistakes or getting overwhelmed! Efficiency is the key. 14. Long range planning: Long range planning to ensure that every hour of every day in a week is managed effectively is another important part of the manager's job. The skill of long range planning is what will be appreciated by the higher authorities, for they look for people who have the ability of looking forward, and creating concrete plans, in order to increase the business. A Retail Manager who can accomplish this will rise in the organization. A bird's eye-view is crucial! 15. Retail software: These days, there is a lot of retail software available which provide scalability, data integrity, stability, and speed, thus offering a complete retail management solution, which can be adapted according to each type of doing business. From inventory dodie ste®eo p®odu©tion ™ Page 10 of 17