RETAIL CHALLENGES

Today, retail is all about being faster, leaner and meaner.With tighter retail margins, and consumers capability to source product from a greater range of outlets and e-stores, the financial implications of retail strategies need to be closely examined and frequently reviewed.

Retailers are constrained in their capacity to grow and increase profit margins in a deflationary environment where consumers are more discerning but less loyal. Hence the financial effects of strategic decisions need to be weighted up in a systematic way with suitable risk assessment built in.

RETAIL SOLUTIONS

Forecast Vision can help combine the multifaceted operations of a multi-sector retailer into a high level directional view that clearly earmarks potential strategies and their forecasted return on investment.

It also brings together the performance of the various operating divisions at reporting time. Forecast Vision is a straightforward budgeting & forecasting tool that reconciles the information silos in various ERP and warehousing systems.

It can assist in maintaining appropriate inventory levels, given opportunity cost of finance,seasonality & perishability of items and assist with appropriate capital expenditure modelling, given requirement for constant new store openings and refurbishments.

RETAIL EXAMPLES

Consolidating the expected performance of the various operating divisions of a large retailer, in order to define appropriate KPI’s and raise performance targets across the divisions.

Determining a sustainable product and premium pricing strategy for an innovative restaurant and catering service.