Retail

 

The business model of the Retail company is constantly reinventing itself, which leads organizations to transform theirbusiness processes in the short term in order to meet the new demands and habits of consumers, that is why knowingthe Detail the various factors that intervene in each business process and the impact of these in terms of cost andperformance, it is extremely essential to guarantee the survival and growth of the business.

 

 

THEREFORE, THE PROFITABILITY ANALYSIS IS INCREASINGLY ESSENTIAL AND USEFULFOR DIFFERENT PURPOSES, RANGING FROM:

 

Commercial Efficiency

  • Defi nition of pricing strategies (Pricing).
  • Discounts and bonuses.
  • Defi nition of profi table and measurable promotions and special offers strategies.
  • Target Pricing / Costing.
  • Sales Force Compensation based on real profit (profitability) for the organization.
  • Support marketing and advertising investments to more profi table markets, customers, channels.

 

Process optimization

  • Determine costs by processes and activities.
  • Know the real profi tability of each product by (sku), category, business unit, client, distribution channel, etc. , aswell as the mix that optimizes profi ts.
  • Identify waste and its impact on results.
  • Evaluate changes in operating or support procedures.
  • Enrich performance metrics with economic indicators of costs and profi tability.
  • Simulate new operating scenarios and their economic viability.
  • Optimize the use of assets (equipment, personnel, facilities, routes, CEDIS, etc.)
  • Manage Categories.

 

Human Capital Management

  • Compensate staff based on cost and profi tability metrics.
  • Evaluate the use of insourcing vs. outsourcing services.
  • Strengthen performance metrics.

 

New business development

  • Identify new business lines, products, services, clients, markets, etc. to be marketed in terms of profi tability andrisk.
  • Analyze new investments (equipment, technology, facilities, etc.) for the associated economic benefi t.

THE REST OF OUR FINANCIAL SERVICES SOLUTIONS ARE ALSOAPPLICABLE FOR THIS INDUSTRY.

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