Store Officers play an important role in retail establishments and are responsible for
maintaining inventories, ordering new items, placing products on shelves, pulling our expired items, and keeping records of transferred merchandise
.
What is the role of store incharge?
They are responsible for
ensuring their staff give great customer service as well as monitoring the financial performance of the store
. … dealing with customer queries and complaints. overseeing pricing and stock control. maximising profitability and setting/meeting sales targets, including motivating staff to do so.
What is the purpose of store?
The main objective of the store is
to provide necessary inputs to the production/operations departments at a minimum cost
.
What is store keeper in basic?
Also known as store managers or store supervisors, store keepers take stock of inventory, manage the store layout,
supervise staff and keep records of sales
.
What are 4 job responsibilities of a retail manager?
- recruiting, training, and supervising staff.
- facilitating staff development.
- managing budgets, and maintaining statistical and financial records.
- planning, promoting, and marketing the business.
- dealing with customer issues and complaints.
- overseeing pricing and inventory control.
What skills do store managers need?
- customer service skills.
- patience and the ability to remain calm in stressful situations.
- the ability to accept criticism and work well under pressure.
- the ability to work well with others.
- leadership skills.
- to enjoy working with other people.
- sensitivity and understanding.
How do you maintain a store?
- Keep the Interest Alive. …
- Pay Attention to Your Customers. …
- Keep Your Staff Up-To-Date and Motivated. …
- Catch Your Customer’s Eye. …
- Sell Off Slow-Moving Stock.
Why store is required?
Store is
to preserve the stored materials and carry out their conservation as needed
to prevent deterioration in their qualities. Also store is to ensure the safety of all items and materials whilst in the store which means protecting them from pilferage, theft, damage, deterioration, and fire.
What are the activities of store?
- Store Administration and Management of Retail Floor.
- Inventory Management.
- Managing Receipts.
- Customer Service.
- Sales Promotion. The above mentioned activities when put together in a particular manner in which they will perform, are shown in fig. 14.1, as illustrated below:
Which flow of work is right for store keeping?
Flow of Materials
: The location of stores should be convenient, enabling the steady and regular flow of store items without obstruction. 5. Free from Risk of Loss: Stores must be set up in a safe location that is free from the risk of loss due to fire, theft, moisture, and other hazards.
How can I be a good store manager?
- Focus on goals. As a retail manager, you’ll have sales targets to meet. …
- Be data-driven. Data plays an increasingly important role in the success of retailers. …
- Embrace new technology. …
- Value and save time. …
- Take the lead. …
- Show genuine interest. …
- Match the praise to the effort. …
- Become comfortable with delegation.
What are the challenges of store manager?
- Managing time.
- Recruiting and supervising staff.
- Building skilled and motivated sales and service teams.
- Managing change.
What are the types of store keeping?
There are four kinds of inventories received by stores viz., (i)
raw materials
, (ii) stores and supplies, (iii) tools and equipments, (iv) work-in- progress or semi-finished goods.
Is retail a good career?
Retail management has become one of the
fastest growing career
in the industry with the tremendous growth in the economy. Retail Market of India is the most attractive and emerging market in the world. It the past years, it has demanded more number of trained professionals in this filed.
What are the interview questions for store manager?
- What makes you the right candidate for this job? …
- What has been your greatest achievements as a store manager? …
- How would your team describe you as a manager? …
- What do you consider to be your strengths and weaknesses as a store manager? …
- Why do you want this job?
How do you train to be a store manager?
Provide Continuing Education Opportunities. Give your store manager plenty of chances to keep their retail skills and knowledge sharp. Send them to industry events and conferences, sign them
up for online training courses
and have them attend retail webinars.
What are the 4 types of inventory?
There are four main types of inventory:
raw materials/components, WIP, finished goods and MRO
. However, some people recognize only three types of inventory, leaving out MRO. Understanding the different types of inventory is essential for making sound financial and production planning choices.
What is efficient store management?
The term “store management” refers to
the efficient management of materials
. It ensures that all the various activities involved during the process of storekeeping are carried out economically and efficiently.
What is managing the store?
Retail management is
the practice of operating and supervising all activities within a store
. This includes working closely with staff, creating shift schedules, communicating with suppliers, and dealing with customer complaints.
How do you clean a store?
- Dust shelves and straighten up display items.
- Vacuum furniture, dust fixtures and décor items.
- Wipe down display cases and cabinets.
- Clean and de-streak glass surfaces, mirrors, and partitions.
- Display merchandise attractively.
- Gather misplaced merchandise and return to racks or shelves.
How can I develop my shop?
- Know Yourself. …
- Plan Ahead. …
- Know The Industry. …
- Understand Your Customer. …
- Keep Good Financial Records. …
- Manage Your Cash. …
- Use Sound Management Practices. …
- Develop a Distinctive Image.
What is security store?
1. Store
and merchandises protection measures and techniques adopted by
retailers in order to create a secure and safe sales environment and protect against theft, shoplifting, vandalism, and organised crime.
What is store taking?
Stock-taking or “inventory checking” or “wall-to-wall” is
the physical verification of the quantities and condition of items held in an inventory or warehouse
. … Stock-taking may be performed as an intensive annual, end of fiscal year, procedure or may be done continuously by means of a cycle count.
What are the documents used in stores?
- Document # 1. Bill of Materials:
- Document # 2. Purchase Requisition:
- Document # 3. Purchase Order:
- Document # 4. Material Inspection Note:
- Document # 5. Goods Received Note (GRN):
- Document # 6. Stores Requisition Note:
- Document # 7. …
- Document # 8.
What is store record?
A store record is
an important document that helps an organization to determine the rate of use of raw materials and spare part
so as to know the time to buy more into the store. The rate of use will help the organization to determine how much money to be allocated for the purchase of materials to replenish the stock.
What do you mean by bin card?
1. Bin card is the record maintained under the
perpetual inventory system
by the stores department and shows the quantities of materials received, issued and balance in hand after each receipt and issue. It is also known as stock card or bin tag.
What is store ledger?
A stores ledger is
a manual or computer record of the raw materials and production supplies stored in a production facility
. It is maintained by the person responsible for these assets, such as the warehouse manager.
How do you handle a busy store?
- Make a to-do list. …
- Set clear daily goals and prioritize. …
- Know your store’s peak times and schedule accordingly. …
- Train your staff and delegate. …
- Control your attention and focus. …
- Use a time management system. …
- Automate some operations.