Open to Buy/Inventory Planning: We will analyze your inventory and, if necessary, reclassify it to what you need to buy properly. Then we provide a detailed monthly open to buy plan for each class (by location for multi-store retailers). By planning this way, we can help you to reduce markdowns and enhance your profitability. We make sure you have the proper inventory levels in all classes, at all locations.
Sales Forecasting: Far better than simple spreadsheets (or even complex ones!), our inventory plans are based upon the best forecasting system in the industry. Last year, our forecasts were 94% accurate across over 500 doors. With that level of accuracy, we can plan your business properly, ensuring you bring in the right goods to the right location at the right time.
Cash Flow Planning: We will make sure you know what you need to maintain in monthly sales in order to pay all your bills and reduce your debt. We help our clients pay down debt, instead of taking more cash out of the bank!
Marketing: We’ll look at your current marketing plan, help you figure out what is working and what isn’t, and then structure a brand-new marketing strategy to help you attract more customers and make more sales. We will help you define your store’s unique selling proposition, messaging and branding. Our marketing plans always include a marketing calendar, so that you know exactly what to do to get your message into the marketplace. We can also help you with important marketing tactics, such as in-store events, Web marketing (including search engine optimization, pay-per-click advertising, email marketing, and much more).
Technical Issues: Struggling with technical issues? Can’t get at your data? Trying to figure out what technologies to apply to your business? We can help with all of these issues, and more. Technology should serve your business, and if it isn’t, we can assess your technology and help you develop a plan to use your technology to benefit your business.
Employee Issues: Most employee problems are due either to bad hiring policies or lack of training. We can help with both. We’ll help you establish better guidelines for hiring, promoting and terminating employees, and we’ll help you implement proper training techniques, compensation plans, and benchmarks to measure employees.
Other services are available. To find out more, contact us today!