In order to accurately forecast demand and measure a business’ productivity and profitability, retailers need metrics. Key metrics inform financial plans, allow for evaluating potential risks and opportunities, and can offer solutions to drive improvements.
A strong, foundational knowledge of retail math is key to interpreting data in meaningful ways and making intelligent business decisions.
Download this guide for in-depth insights on:
- How to examine metrics to understand patterns, identify risks, and benchmark against industry trends
- Definitions and equations for top retail metrics
- Real-life examples of how to analyze data derived from retail math to make more informed decisions