Course: Retail Store Operation and Inventory Management
December 2021 Examination

 

1. “The choice of a location is directly related to the success or failure of a retail store”. Do
You agree? Explain the steps in selection of location for opening a store by “Shoppers Stop.”
which wants to enter in organised retail space with multi brand store. ( 10 Marks)

2. “SOMS (Store Operations Management System) helps to generate increased revenues,
profit margins and a unique experience to create new customers and retain existing
customers.”
In light of above statement Explain all the features of proposed system which you would
like to incorporate with the help of your team and developers of SOMS. (10 Marks)

3. “The purpose of Inventory Control is to help a retail store (The Raymond Shop) to generate
maximum profit from the least amount of investment in inventory without affecting
customer service levels.”

a. In light of above statement critically evaluate the inventory control process of fashion
retailer of Fabric and apparel “Raymond”. (5 Marks)

b. What are the steps that “Raymond” must perform in order to control inventory effectively.
(5 Marks)
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