Buying Resource
The range and quality of merchandise is at the very heart
of every retail business. It drives your business profile
and market position, as well as generating gross margin.
Our expertise in buying and range planning comes from practical
experience within a wide range of retail businesses, from
new start ventures to multi-million pound national brands.
We can support your buying processes at a number of levels,
including:
Range Planning
Establishing the right stock structure is fundamental to
budgetary control and maximising benefits from your EPOS
/ stock system. We have a range of techniques and tools to
manage the process of building ranges from the bottom up,
ensuring that buying procedures and system outputs are both
usable and scalable. Once the structure is established, we
will guide you through the more creative process of designing
the physical product range into the plan.
Range Reviews
In a constantly changing commercial world, a business that
stands still will be overtaken by its competitors. We conduct
structured critical reviews of existing and planned products
ranges, to ensure that your business is keeping itself ahead
of the game in its market sector.
Buying and Promotional Activity
All too often we see retailers responding to seasonal periods
and promotional opportunities, rather than planning ahead
and trying to make things happen for themselves. Our Promotional
Planner enforces the discipline of looking ahead and building
business around key activity periods, and provides a framework
for planning and monitoring the success of these critical
trading periods.
Budgetary Control
An ill-planned buying strategy can quickly lead to major
problems with excess stock and the resultant hit on gross
margin. By ensuring that all business processes link together,
we can help ensure that stock is properly managed, cash flow
optimised and mark-downs kept to a minimum.
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