MERCHANDISING STRATEGY
RetailCode facilitates the definition of merchandising strategy by helping retailers to assess market conditions, competitive trends,brand positioning and pricing strategy. We provide proven models for developing the overall merchandising strategy reconciled to the bottom-up category strategies.
We work with retailers to design and implement optimum merchandise management processes for their business to increase sales, customer service, and profitability. We provide the tools that enable the retailers effectively to: evaluate, select, price, manage and optimize the portfolio of products, and deliver on the company’s brand promise.
STRATEGIC SOURCING
We help clients finding and selecting the right suppliers. We articulate their needs and goals, and tap the global market to ensure having the right suppliers, delivering the right products, at the right time, and at the right cost, with the right partnerships.
We help identify opportunities to deepen strategic partnerships which optimize the supply chain and leverage economies of scale and scope through negotiation and consolidation. We work on defining the supplier profile, KPIs and performance expectations to build long-term partnerships.
We lead the assessment of current suppliers to understand the supply chain map and to measure the effectiveness of current procurement activities including capacities, capabilities, market share, quality, delivery, price and potential development, then identify the gaps and the opportunities to drive improvements.
PRODUCT DEVELOPMENT
We provide consulting services and practical experience in product development and innovation; we help client deliver products with high standards of quality and consistency that enhance brand’s image, increase margin and maximize profitability.
We support strategies for the entire product life-cycle process, from idea generation to product and concept strategies, and from initial design, sampling to manufacturing. We help to streamline processes, enable collaboration with key partners, and improve responsiveness to pre-production and production milestones.
PRODUCT LIFECYCLE MANAGEMENT
We support retailers to address planning challenges and deploy planning solutions. We work on improving Merchandise Assortment Planning (MAP) through better business processes, skills, and technology.
We help to establish the proper foundation and structure that aligns with market and customer segment intelligence. We help to improve demand profiles and establish a solid base for forecasting. We evaluate the categories behavior to help maximize sales, margins, turns, and optimize GMROI.
We help retailers identify opportunities and deploy advances in their allocation and replenishment practices. We help driving turn and optimize product margins while increasing operating efficiency, reduce the carrying cost, and improve forecast accuracy. We Improve in-stocks and increase sales through better allocation and replenishment processes, systems, and skills. We benchmark current configuration and identify opportunities to improve settings to drive immediate results.
We help retailers develop the capabilities to effectively manage their promotions and markdowns to drive bottom line performance. We help develop the processes and systems to execute promotions and markdowns in order to maximize margin and ensure promoting or marking down the right items, at the right locations, at the right times.
SUPPLY CHAIN VISIBILITY & FULFILLMENT
We help to identify opportunities to improve supply chain visibility, gain a competitive advantage in the marketplace and managing risk across the supply chain. We drive revenue, margin, and operating efficiencies through better business processes, skills, and technology.
We help the client to gain insight into the total cost to serve of the markets, assist with supply chain efficiency and provide visibility at any point in time to the product, orders status, location, shipments, estimated arrival date, and vendor compliance.
We provide fulfillment solutions that are tailored to the company’s needs. We can provide warehousing, order management, receivables, and data accessibility. We assist clients to improve all aspects of distribution and logistics operations.
Key Areas
- Category & Assortment Strategy
- Open-to-Buy Management Process
- Pricing Strategy & Lifecycle Price Management
- Sourcing Capabilities Assessment & Process Design
- Vendor Scorecard, Terms Rationalization & Collaboration
- Assortment Optimization & SKU Rationalization
- Pre-/Post- Allocation & Replenishment Effectiveness
- Promotions & Markdown Optomization
- Vendor-to-DC & DC-to-Store Replenishment
- Distribution Operations Effectiveness Audit
