Retail Best Practices include generally defined processes, systems features and functionalities that have been proven and accepted to be the best methods for maximizing operational performance. Our best practices are critical to achieving higher profits, improved service levels, and other strategic benefits. To achieve supply chain goals, it's vital to select the right initiatives and a sound implementation strategy. Utilizing our best practices and the right initiatives, we ensure that your goals are met in an accelerated timeframe with lower cost.

Click here to download a PDF of our Sample Retail Best Practices.

A sample of areas addressed by our Retail Best Practices:

Planning and Forecasting

  • Forecast Methods and Reporting
  • Merchandise Planning
  • Store Planning
  • Assortment Planning

Business Intelligences

  • Data Warehousing
  • Data Mining
  • User Interfaces

Merchandising

  • Continues Replenishment
  • Store Allocations
  • Seasonal and One-time Purchases
  • Open-To-Buy
  • Performance Monitoring
  • Activity Based Costing
  • Vendor Managed Inventory
  • Price Management

Multi-Channel Sales

  • Store
  • Catalog
  • Online Retailing

Supplier Relationship Management

  • Vendor Negotiation
  • Vendor Performance
  • Collaboration Planning Forecasting & Replenishment
  • Accounts Payables

Logistics

  • Supply Channels
  • Floor Ready Merchandise
  • Store Operations
  • DC Operations
  • Yard Management
  • Transportation