1.866.484.6610 sims@jtemgt.com

Business Finance Training for Everyone

Retail Store Management Simulation

Cesim Retail puts the participants in charge of a store or a franchise with multiple stores in a seasonal environment

KEY SUCCESS FACTORS

The essence of the Cesim Retail simulation is to mirror the operations of a typical retail store or franchise, tie together multiple business concepts and allow for a successful execution of alternative strategies. The simulation is designed to reward those who can best identify underlying trends, analyze
competition, and successfully formulate a winning strategy. Success of the teams is presented with multiple industry specific indicators, customer reports, operational reports, and financial reports.

PARTICIPANT TASKS

In competition with other teams, participants manage procurement and inventory, pricing, advertising, and promotion campaigns across
different product categories. In addition, the simulation includes modules for operational and strategic decisions such as store layout, operating hours, staffing, loyalty programs, store remodeling, new store locations, and cash flow management.

CASE SCENARIO

The default case is based on running a single convenience store or a multi-store franchise in different demographic areas. Each simulation round corresponds to one quarter of a year and seasonality is an important decision-making factor

KEY LEARNING AREAS

During the rounds participants experience how consumer preferences and competitor
actions influence pricing and profitability, interlinks between procurement, inventory levels, and cash flow management, utilization of permanent and temporary staff in seasonal variations, store layout and store remodeling impact to sales, and capital appraisal for new store locations.

EXPECTED OUTCOME

Participants develop capabilities in formulating, implementing, and adapting business strategies and decisions in a competitive environment. In addition, they will enhance their fact-based decision making skills and improve their financial knowledge through linking operational decisions to cash flows and bottom line performance. The simulation exercise also gives practical experiences in team-work and problem solving, and excites competitive spirits in a dynamically evolving marketplace.

ADAPTABILITY

The simulation offers powerful user-level customizability and modularity options that allow it to be adjusted for different target groups and experience levels. In addition, the system permits the instructors to create and modify their own cases with personalized market outlooks and storyline.

Business Acumen and Financial Acumen Business Simulations

A and O Health Care

Basic financial acumen helps participants think like business owners

Business Reality 101

Learning include basics of financial literacy and how to be effective in running your business

Business Reality 201

Understand the relationships between distributors and manufacturers

Celemi Agile Move

Learn to quickly adapt and respond to changing market conditions

Celemi Apples & Oranges

Basic financial acumen helps participants think like business owners

Celemi Business Finance

Interactive company exercises, participants get an understanding of key financial concepts

Celemi Cayenne

Balancing stakeholder groups to ensure project success

Celemi Decision Base

Grow multiple markets, develop multiple products, understand strategic decision making

Celemi Enterprise

Align your people and your strategy for winning results

Celemi Exploring Change

Addressing the Human Side of Change

Get In Touch

Preferred Communication

call 1.866.484.6610 - John will answer all your questions on the spot

email sims@jtemgt.com - Jte Management will get back to you within 1 Business Day

text 604.274.6610 - we will respond to your queries