1. Role
• A store manager is responsible for overseeing the daily operations of a store, making sure it runs smoothly and effectively.
Their duties include motivating sales teams, creating business strategies, developing promotional material, and training new staff.
2. KPIs:
• Sales vs Targets (daily, weekly, monthly, quarterly, annually) daily reports
• Inventory Management
• Fast moving items vs slow moving items reports (weekly)
• Average Purchase Value reports (weekly)
• Average Transaction Value
• Inventory Turn-over
• Stock to Sales Ratio (quarterly)
• Sell through Rate (quarterly)
• Shrinkage Rate
• Sales team management
• Daily, weekly, monthly, quarterly and annual - sales targets vs actuals per salesperson
• Salespersons attendance scheduling
• Team motivation
• Display, products shelving organization, and instore Virtual merchandising.
3. Education & experience
• Bachelor’s degree in business administration or relevant field preferred.
• A minimum of 3 years’ experience working in a retail environment, ideally in a managerial role.
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