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email : ashwinig@retailresource.co.in
Operations Optimization     

Operations Optimization

Operations are at the heart of retail business. Beginning with back-end merchandising operations from planning, buying, allocation, replenishment & logistics up to front-end operations including sales & visual merchandising, we specialize in improving the efficiency of retail operations business.

 
Merchandise Planning & Management     

Merchandise Planning & Management

In Indian retail, festive times, weddings and season changes, largely the triggers of purchase; differ from state to state and have a definite say on merchandise management cycles. Lack of such insights can be costly.

We help our client understand and interpret inventory turn metric, its significance and use. We aid implement the math that goes in merchandise planning and replenishment. Breaking the sales estimates into 52 retail weeks, their peaks and troughs & managing appropriate beginning-of-the-week inventory levels forms the core of our advice.

Planning stock dispatch schedules to minimize loss of sale on account of unavailability is a great opportunity to increase sales.

Read case study to know more
Category Management     

Category Management

When there are very many categories in the product line, focusing on ‘category management’ becomes an imperative.

Category management essentially involves grouping products from consumer's perspective and developing a merchandising plan accordingly. We help in plotting the category quadrant on the basis of performance metrics such as GMROI/GMROF to determine roles of the categories and initiate appropriate action plans.

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Store Profitability Improvement     

Store Profitability Improvement

Our experience shows in most cases the primary reason behind loss making retail is the store size. Today when retail rentals are way above comfort levels, importance of identifying & being in right sized format can hardly be overemphasized.

There are indeed other factors such as adequacy of merchandise, affordable rent per square foot, sales incentive programs among others.

We assess the situation with a number of such variables and come up with a plan to turn the network profitable.

Read case study to know more
Visual Merchandising     

Visual Merchandising

Visual merchandising is not just about aesthetics and creativity, it’s also a powerful sales tool in the hands of the retail sales staff. At Retail Resource, we carry out Visual Merchandising training specific to the client: in-the-classroom and on-the-job to drive home the importance of V.M. to sales, by highlighting shopper insights w.r.t. shopper routes once inside the shop, eyeball movement, yield of a category & its position, merchandising arrangement and attention to newness.

We offer designing V.M. audit programs at successive levels to monitor this important function regularly from within the organization.

We are networked with design agencies to create wonderful window designs that can catch eye of the roaming shopper.