Retail

Providing better retail performance monitoring through interactive digital reports delivered to your iPad

As a retail business, you need to keep track of retail key performance indicators to measure, manage and improve customer volume, sales opportunities, conversion rates, promotional activity and in-store lay-outs.:

We can set up a database of retail KPIs, update the database on an ongoing basis and provide Interactive digital reports delivered to your desktop or to your iPad to help you:

• Obtain a bird’s eye-view of your business
• Identify flash points
• Drill down to finer levels of detail
• Identify and extrapolate trends
• Understand and correlate composition
• Obtain a different perspective by slicing/dicing data and
• Compare retail performance against industry benchmarks and the competition

We use state-of-the-art business intelligence tools such as Microstrategy, Qlikview or Roambi to deliver interactive digital reports.

For larger enterprises we can set up and deliver, on an ongoing basis, interactive digital reports using XBRL technology by setting up an enterprise specific taxonomy and linking it to your accounting and other underlying systems.

Retail store management processes

Our range of retail outsourcing services includes:

• Revenue yield analysis

Analysis of revenue, margins and yields by region, city, store, franchise/brand, season, month, day, stock keeping unit for better forecasting of future requirements

• “Liquidate at discount Vs carry stock”
  

Continual evaluation of the benefit of carrying slow moving inventory versus immediate liquidation at a discounted price

• “Reorder” decision support

Continual validation of reorder strategies, lead times, cost of orders, cost of carrying inventory and cost of opportunities lost

• Processing of supplier bills, payments and reconciliation of supplier accounts

Management of procure to pay processes

• Cost analysis and alerts

Analysis of costs against peer locations, benchmarks and competitors