Drive retail efficiency in the final 50 yards

The RI Retailer product suite focusses on ensuring the right offer is available for customers to purchase, maximising sales potential and minimising retail cost, through efficient use of store labour and process.

Maximising retail sales is all about balance; not enough of the right stock on shelf will disappoint customers and prevent sales, flooding the shelves will result in excess waste and cost.
ias_01

ITEM AVAILABILITY AND SALEABILITY

Out of stocks and other shelf merchandising issues, are a continued frustration for shoppers, retailers and manufacturers, equating to a minimum of 4% loss in potential sales. While forecast accuracy, shorter supply chains, simpler assortments, lower inventory and stronger compliance all have a part to play, many retailers have now proven the value of investing in big data analytics to improve their visibility and understanding of lost sales. More importantly, making immediate interventions to recoup sales, with our Item Availability and Saleability product consistently delivers more than 0.5% increase in sales.

 

gwam_01

GROCERY WASTE AND MARKDOWN

Reducing fresh food waste is vital to not only maximise operating margins, but also to reduce total product to landfill. Up to 60% of a grocery retailer’s sales can come from fresh produce, yet there are few robust and proactive approaches to minimising waste and maximising sell through before end of life, and costs can easily exceed 5% of sales. When the data, analytics and processes are aligned utilising the RI’s Grocery Waste and Markdown product, savings in excess of 1% point of waste costs in the first year are achieved.

 

rec_01

RETAIL EXECUTION AND COMPLIANCE

Promotional investment is often the second largest item on the category P&L, yet returns can be easily eroded by poor compliance at store level, with the missed sales opportunity compounded by a costly post-event hangover of stock. Equally the hours to implement new modular layouts for range reviews and NPD are significant, often accounting for 40% of total labour, but these activities are rarely targeted to the biggest opportunities. The RI Retail Execution and Compliance product alerts staff to make the most valuable and immediate changes, resulting in execution compliance increasing by more than 10%pts to exceed 93%.

Product Brochure

Item Availability & Saleability

Drive saleability in store by identifying and resolving true lost sales caused by shelf and stock issues.

Download

Product Brochure

Grocery Waste & Markdown

Guide store activities to maximise sales volume and reduce stock write off and waste.

Download

Product Brochure

Retail Execution & Compliance

Improve day one compliance in store for new items, promo events, features and modular changes.

Download

PRODUCT BROCHURE

The download will begin after you enter your details below.