Profitable Retail Growth in Uncertain Times - The Theory Of Constraint Way

TOC - Theory of Constraints (TOC) is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it. TOC adopts the common idiom "a chain is no stronger than its weakest link". This means that processes, organizations, etc., are vulnerable because the weakest person or part can always damage or break them or at least adversely affect the outcome.

Learning Objectives from the workshop: 

• How to differentiate the retail chain from other chains?
• How to increase profitability from existing chain?
• How to increase traffic to the store as well as conversion to sale, without compromising on the margins?
• How to sell more with fewer inventories and find the right amount of choice for the customer?
• How to expand the business network without reducing the ROI?
• How can we create stability in the operations of the store?

Workshop Facilitator: 

• Rami Goldratt, CEO, Goldratt Group.
• Ritesh Kapur, Head, Retail Cluster at Goldratt Consulting.
• Vasanth Kumar, MD, Lifestyle International Pvt Ltd handling Lifestyle fashion Department stores and Home centres , Landmark Group India.
• Aureo Villagra, Goldratt Consulting Partner & Goldratt Consulting Brazil CEO.
• Tobi, Principal at Goldratt

Who this is for:  

• CEO’s with their leadership team
• COO’s/Business Leaders with key team
• New Product Development Head
• Marketing Heads
• Functional Heads with their team