- Powering Retail Execution Management
Featured Customer
What is invaluable about Retail Solution's approach is the community of learning, so we all don’t learn in parallel and we all don’t make the same mistakes.
- Kim Kingsley, Customer Logistics Manager, Schering-Plough Corporation
Category Development
Category Consulting
Over the years, Retail Solutions has developed an unmatched expertise in handling very large amounts of retailer data coming from highly disparate sources, such as point-of-sale (POS), supply chain, customer loyalty, execution data (such as merchandiser feedback) and EPC/RFID reads. Based on a combination of industry-validated methodologies and proprietary algorithms, Retail Solutions has built a number of custom-designed consulting offerings to help both retailers and manufacturers boost the performance of their categories.
These include:
- Assortment and space optimization – Retail Solutions conducts SKU-level data analyses to achieve insights into product assortment performance at different store segments. By providing and analyzing timely information on the performance of categories and products, we help manufacturers optimize inventory allocations and allow for real-time adjustments to drive greater profitability
- Ordering strategy and case pack size optimization – Retail Solutions possesses a comprehensive understanding of the relationship between order strategy, case pack size, replenishment cost and store-level execution, the major factors in out-of-stocks. Based on this knowledge, Retail Solutions can help retailers and CPG companies determine the best strategies by retailer format, by type of replenishment or by type of event, to ensure optimal on-shelf availability at the lowest possible cost
- Store segmentation and cultural analysis – increasingly, retailers are using micro-marketing tactics to customize offerings to suit the needs of local, regional and/or ethnic consumer groups. Retail Solutions provides critical insights into store-level demand that enables retailers to more effectively plan, execute and evaluate these tactics.