Retail - Profit Improvement

 

Retail - Cost Reduction

Are your products priced to maximise profits? 

Are your profit margins improving or declining
and why?

Do you know the true profit margin on each 
product line?

Are you aware of innovations that are and will
affect your sector?

Do you plan to introduce these changes
to your company?

Are stock wasteage/shrinkage levels
monitored accurately?

Are you using the most up to date technology
in your business?

 

 

Our Profit Improvement Programme will      

Produce a comprehensive Report on your business including:

  • A Review of the last 12 months
    management accounts.;
  • Assessment using the key KPI's applying
    to your business;
  • Compilation of a Cost Allocation Report;
  • Construction of a Cost/Margin/Pricing Matrix.;
  • Advice on innovations likely to affect
    your business sector;
  • Recommendations and a Plan which
    will improve your profits;
We will manage successful Implementation of the Plan. 
 

Cost Control Retali sector

When did you last benchmark all your input
and overhead costs?

Have you full visibility across all spend categories
in your sector?

Do you have the personnel, time and inhouse
expertise to effectively manage procurement
across all spend categories?

Are your costs comparable to best in class
within your sector?

Are you confident that you can achieve the level
of cost reductions your business needs to
remain competitive?

  

Our Cost Reduction Programme will

  • Analyse your spend per category for the previous
    6 to 12 months and allow for upcoming
    changes in volume
  • Decide how that spend could be more effectively
    split or combined to suit market conditions
  • Benchmark that spend with the most suitable
    suppliers
  • Compile report on the potential savings identified