“In the next year or so…retailers are expected to slice the assortment of products in their stores by at least 15%.” – Wall Street Journal, 2009
Suppliers have a challenge in maintaining shelf space and keeping their brands fresh in consumers’ minds. The best way to accomplish this is to forge a collaborative relationship with your retail partners to work towards a common goal of increased visibility, improved in-stock positions, reduced shrink, more efficient and effective promotions, resolved service-level issues, measurably better assortment planning, and increased sales and profit opportunities.
Learn how Park City Group can help through our Analytics & Business Performance solutions and services:
- Strategic Analysis: a service that offers you the analysis, and the additional resources, to improve in-stock positions, reduce shrink and out-of-stocks, execute more efficient and effective promotions, resolve service-level issues, improve assortment planning, and increase sales and profit opportunities.
- Operational Insights: a business intelligence solution that provides a comprehensive view into your business, gives you a mechanism for reporting and analysis, and ultimately lets you spend less time looking for answers and more time driving strategic decisions.