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PSM 323 Category Management

HND1 levelManagement & Administration21 topics

PSM 323 covers 21 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Category management concepts and importance
  2. Product classifications in retail categories
  3. Roles of category managers and procurement specialists
  4. Supplier and customer relationship management
  5. Retail management and types of retail stores
  6. Retail ownership, services and channels of distribution
  7. Retail location, siting and store/warehouse layout
  8. Merchandising and merchandise management
  9. Product assortment, branding and own-label development
  10. Forecasting, budgeting and stock planning
  11. Distribution strategies in category management
  12. Retail technology: RFID, QR codes, barcodes and POS
  13. Procurement and supply objectives in category management
  14. Product sourcing and customer needs research
  15. Retail outlets and markets
  16. Supermarket layout design
  17. RFID and barcode systems
  18. Point of sale systems
  19. Sourcing methods
  20. Packaging design
  21. Product labeling

A sample from this course

One topic, as StudyPath teaches it.

Category management concepts and importance

Category Management is a strategic approach that groups products or services into categories and manages them as business units. Mastering its concepts—definition, objectives, and benefits—helps students understand how firms optimise spend, improve supplier relationships, and drive profitability, all of which are key exam themes.

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