Muster your knowledge in Retail Management with NMIMS University

The retail industry is remarkably broad. Retailing is the last stage in the distribution process. It includes several aspects like:

• Discounters

• Grocers

• Convenience stores and gas stations;

• Department stores: offering everything from electronics and appliances,

• Building and gardening supplies

• Home furnishings

• Auto parts

• Sporting goods

• Toys

• Music

• Video

• Books

• Computer hardware and software

• Office supplies.

The retail industry provides consumers with the goods and services that other industry produces. Retailing encompasses the business activities involved in selling goods and services to consumers for individuals for personal use, for family use, or household use. It includes sale to the final consumer ranging from cars to apparel to meals at restaurants to movie tickets. 

Retailing is a fascinating crossroads and introduction of new technologies are improving retail productivity. There are several opportunities to start a new retail business or to work for an existing one and to become a franchisee. Retailers are grappling with the emphasis to place on image enhancement, customer information and feedback, and sales transactions.

Retail decision maker’s best addresses the questions asked about choosing retailing by fully understanding and applying the basic principles of retailing in a well-structured, systematic, and focused retail strategy. 

Reasons for Studying Retailing

Retailing is an important field for studying since it impacts on the economy, its functions in distribution, and its relationship with firms selling goods and services affects individuals on a daily basis. Another reason for students to study retail management is that retailing constitutes of broad range of career opportunities.

Learning Outcomes of retail management for students:

• To comprehend the purpose of retailing and the retail environment and the responsibilities of the retail operations function.

• To understand the advantages, disadvantages of retail management.

• Helps applicants to muster various ethical tools and the reasoning behind various ethical positions.

• Helps applicants to understand the opportunities and challenges posed in retail industry along with the work force.

• Helps applicants to apprehend responsibilities of management in handling and motivating employees in the retail business environment.

• Learning retail management also helps applicants to understand the impact of technology on marketing and recognize how the major elements of the marketing process apply to actual retailing industry.

About NMIMS University:

The retail management program facilitated by NMIMS University uses powerful interactive tools which engages learners and allows them to accomplish success in retail sector.

The Post Graduate Diploma in Retail Management introduced by NMIMS University is at par with any distance learning MBA programs in India; it is also recognized by retail employers and advancement opportunities for applicants. 

This program prepares the student for retail sales and management responsibilities; applicants who complete the program are then ensured as preference in hiring or eligible for promotions. 

NMIMS is a Global Access School for Continuing Education and Distance Education. All the programs are highly flexible, and emphasize self paced learning.  The educational institute endeavors to improve the quality of programs in terms of content and attempts to deliver a strong student support system. 

NMIMS offers a 2 Years Distance Learning PGDM in Retail Management .The educational programs provided by this institution cater to meet with the diverse needs of working executives, management students, fresh graduates as well as housewives. 

NMIMS University creates an environment characterized by Quality, Convenience, Timeliness and Accuracy for the applicants. Their ultimate aim is to generate a bar of high expectations for the triumph of the students and corporate associated with it. Enhance your knowledge and get the background needed for a retail management career with the NMIMS Distance PGDM in Retail Management program. To register Click here:
http://bit.ly/1knMJM3

Gamut your knowledge about Human Resource Management with NMIMS University

Before understanding or digging up into the functions of a human resource manager, let’s first find out what human resource managers are known by different people in different institutions, they are associated with different departments, listed below: 

• Personnel management

• Manpower management

• Personnel administration

• Staff management

Mentioned here are the following features of Human Resource Management in an institution:

• Apprehensive functions

A human resource management department or person in particular is responsible and concerned with managing people at work. In this particular department it handles and assists with its services at all the level in an organization. This is not limited to few targeted people, but it’s applied to all the workers, supervisors, officers, managers, etc.

• Human Resource Manager is People -Oriented

A Human resource manager perturbed with all employees as individuals as well as groups. He/she plays uses the medium of maintain coordination and harmony in bring people and organization together in order to accomplish higher goals.

• Human Resource Manager and department believes to be Action-Oriented

The human resource management department focuses to solve the problems of the employees as well as individuals at both individual and higher level to achieve both the objective and goals of the organization and of employees.

• Human Resource Management is more Individual-Oriented

This department is more associated and linked with the development of each employees of the organization. In order to do so, they monitor the needs and demands of the employees and attempts to fulfill it.

• Human Resource Management is a continuous function

This kind of department exercises a continuous process. The human resource management department cannot just function for an hour’s time; it’s a full day or a full week job. This kind of job demands for qualities like alertness and awareness of every human relation inside the organization premises.

• Human Resource management department is future oriented

Human resource management department helps the organization to attain its objective in the future by facilitating well-skilled, well-motivated and competent employees. It aims to accomplish cooperation of people for the attainment of the desired objectives in the organization.

Post Graduate Diploma in Human Resource management by NMIMS University:

The industry acquires a dearth of professional talent in human resource management. Post Graduate Diploma in Human Resource Management is a program that is tailored to create professionals skilled to achieve the current and future demands of various industries.

The finest distance human resource management program provided by NMIMS University uses powerful interactive tools which engage learners and allows them to accomplish success.

Introduction of NMIMS University:

NMIMS University collaboration with Jaro Education offers programs which are highly flexible, and emphasize self paced learning for students. NMIMS University endeavors to improve the quality of programs in terms of content and attempts to deliver to students to make them more capable at handling problems and solving with them innovative solutions. 

It offers a 2 Years Distance Learning PGDM program in Human Resource Management .The educational programs provided by this institution cater to meet with the diverse needs of working professionals, housewives, management students, graduates, etc. It is fully committed to prepare professionals to meet the demands of corporate in the world of globalization. 

Key features of NMIMS University:

• Facilitation of centre across all over India.

• Provision of well designed and Self Instructional Study Material for the students at every level.

• Supporting students through Personal Contact Programs (Face to face and Virtual) – in this he/she could directly ask questions and receive answers in real time.

• Easy access to Learning Human Resource Management System Program.

• Provision of modern learning resource centre, which continuously evaluate learner’s performance.

• Applicants facilitated with the golden opportunity of handling live projects.

Their aim is to set a bar of high expectations for the victory of students and corporate associated with it. Gamut your knowledge and acquire full information about career opportunities in Human Resource with the NMIMS Distance Learning PGDM Program in Human Resource. To register Click here: http://bit.ly/1knMJM3

Pave the way with International Trade Management PGDM Program by NMIMS University

It has long been thought that international trade can increase a country’s growth rate. Global trade and supply chains are expanding due to the robust growth of markets across international boundaries. Trade volumes have increased by 13.5% in 2010 and with it security requirements in managing global trade have increased accordingly. The purchase and sale of merchandise has been a regular activity since ancient times between people living in the same place and between groups of people living in different lands. 

Although trade has retained most of its basic qualities for decades, the technological and economic transformations have brought about structural changes in trade, particularly in international trade. Global transformation in the field of trade has brought in new risks and more opportunities for the professionals.

International Trade Management: -

International trade is simply the exchange of goods and services across international boundaries. The constant changes in the global economy and alterations in geo-political boundaries make it more crucial for businessmen to interpret and analyze the international trade, economic and financial relations between nations across boundaries. It’s essential to understand and study the governing procedures, administrative policies and International trade relations between countries for the professionals or applicants choosing to pick this as their future career choice.

Options and Opportunities in International Trade Management: 

International Trade is a remunerative profession. In the age of market penetration and globalization, international trade as a profession option has gained popularity and significant importance as a large number of companies these days are in the process of establishing multi-location trade and business services; as a result international trade has become more essential therefore for the free movement of commodities.

• It is a combination of all the segments such as: marketing, documentation, shipping and packaging, pricing, sourcing, costing, distribution, market research, export finance and foreign exchange.

• Professionals of this field can get easily employed in both private and public sector. Public sector offers job in the State Trading Corporation, Mineral Trading Corporation, World Trade Organization, etc.

• Companies indulged with international trade other various organizations maintains multi-lateral and multi location trade associations, with foreign and government trade agencies. This increases the demand for international trade professionals.

About NMIMS University: -

NMIMS Global Access School for Continuing Education (NGA -SCE) offers PG Diploma and Certificate program in International Trade management. The courses are designed keeping in mind the requirement of distance learning based on most relevant and industry updated curriculum.

The PGDM distance learning program in International Trade Management make sure that the aspiring professionals in the field are enlightened with relevant education, practical training, background and exposure in order to gain maximum in-depth insights about the scopes and options of the field.

Program objectives introduced By NMIMS University.

• Understand the risks related to foreign exchange, legal and political environment

• Issues Related to Cross-border Trade Taxation

• Leveraging IPR for Trade management

• To dig-out factors that affects global market place

• Grasp and learn the process of trade management from customer’s viewpoint.

• understand effects and impact of global markets on the trade policies

The technology backed academic delivery of programs, systematic student support ensures that student of our program can get the best learning outcome with clearly demonstrated value addition. It aims at training business managers who can analyze a large number of variables and make the best decisions for their companies.

NMIMS offers a 2 Years Distance Learning PGDM in International Trade Management. The educational programs provided by this institution cater to meet with the diverse needs of working executives, management students, fresh graduates, etc.

This course enable students to gain a perspective into business’ strengths and what resources can be leveraged to capture qualified international business opportunities, and how to analyze factors that can ensure profitable entry into international markets. For an outrage career in international trade management enroll with the NMIMS Distance PGDM International Trade Management program. To register Click here: http://bit.ly/1knMJM3

Unlock the potential of Retail Management Program

The Indian Retail Industry is one of the largest in the world and is estimated to be over USD 450 billion. India is the fifth largest retail destination globally. The Indian retail industry has experienced tremendous growth over the last decade with a significant shift towards organized retailing format. Retail managers are the people who oversee the day-to-day operations of stores and other retail outlets. 

The responsibility of a retail manager is to maximize sales; this involves analyzing consumer trends and setting up promotions. The main quality with whom a retail manager could promote to a successful one lies on his/her great effective communication skills. This can only be developed through provision of experience and training.

What is Retail Management?

Retail management simply refers to process that teaches the individuals with skills that enables them to meet customer needs leading to sell of the desired merchandise from the retail shops for consumption. It includes steps necessary to attract customers into the store and provide them satisfaction through selling the respective merchandise. Retail management helps to make shopping a better experience and ensures that the customers leave the store satisfied. 

Need for Retail Management:

• There is an immense demand for retail managers they ensure that the customers easily locate their desired product within a limited span of time and return home satisfied. They help in avoiding the unnecessary chaos and also controls shoplifting to a larger extent. 

• They keep a record of all the products entering inside the store and well arrange it on their assigned shelves according to size, color, gender, patterns etc. It’s the retail manager’s duty to arrange the products available at the store and divide them into small groups comprising of similar products. This way it helps the customer who could simply walk up to a particular category and locate the products without much difficulty and assistance.

• The retail manager also place necessary labels on the shelves for the customers that eases them to locate the merchandise on their own and they don’t keep the customers waiting. It’s the prime duty of the retailer to make sure that the assigned sales representatives attend the customers well by assisting them in their shopping and always greeting them with a smile.

• The store manager, department managers, cashier and all other employees must be trained from time to time to extract the best out of them. They must all be fully well aware of their roles and responsibilities and should be customer oriented. They must also maintain daily sales reports to keep a track of the cash flow for this they could also use software’s for the same purpose.

Post Graduate Diploma in Retail Management –from NMIMS University:

The booming retail industry acquires a dearth of professional talent in retail management. Post Graduate Diploma in Retail Management is a program that is tailored to create the perfect talent and prepare them to achieve the current and future needs of the retail industry.

Beyond the obvious advantages of retail employees being able to complete training courses and modules at their own pace and according to their selected schedule, the best distance retail management  program provided by NMIMS university that uses powerful interactive tools which engage learners and allows them to accomplish success in retail sector.

About NMIMS University: -

NMIMS is a Global Access School for Continuing Education and Distance Education. All the programs are highly flexible, and emphasize self paced learning.  NMIMS constant endeavors to improve the quality of programs in terms of content and attempts to deliver a strong student support system. 

2 Years Distance Leaning PGDM in Retail Management .The educational programs provided by this institution cater to meet with the diverse needs of working executives, management students, fresh graduates as well as housewives. 

It is committed to prepare professionals to fulfill corporate demands in a globalised world. With the aid of technology teaching-learning opportunity are enhanced and multiple modes of courses are delivered to the candidates.

Key features of NMIMS University:

• Facilitation of centre across India.

• Provision of well designed and Self Instructional Study Material for the students.

• Support through Personal Contact Programs (Face to Face and Virtual) - You can ask questions and receive answers in real time with our online retail management program.

• Easy access to Learning Retail Management System.

• With the provision of modern learning resource centre, they continuously evaluate learner’s performance.

• Candidates are facilitated with the golden opportunity of handling live projects.

NMIMS University creates an environment characterized by Quality, Convenience, Timeliness and Accuracy for the applicants. Their ultimate aim is to generate a bar of high expectations for the triumph of the students and corporate associated with it. Flourish your knowledge and get the background needed for a retail management career with the NMIMS Distance PGDM in Retail Management program. To register Click here: