Tools for Efficient (Store) Operations
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Efficiency and attractiveness of the stores and new channels
(Store) Operations is about efficiency and attractiveness off the store for consumers and employees. And it is about maximizing sales by using traditional and new electronic channels.
(STORE) OPERATIONS
 Productivity improvement
Internet marketing
Online grocery shopping
Shrinkage reduction
Balanced scorecard
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Productivity improvement
RetailEconomics uses Internal Store Benchmarking to improve productivity. This system is easy to explain and easily accepted by store employees.
The Internal Store Benchmarking system is capable to make an accurate daily planning of store activities.
Internet Marketing
You will benefit from Internet Marketing to promote your business on Internet. We use Google Adwords for the worldwide promotions of RetailEconomics, and we manage the Google accounts of many other companies.
Successful retail companies should examine all available channels: traditional stores, online retailing, catalog etc. Then choose channels that fit the assortment and your capabilities.
Online grocery shopping
You already know that online shopping is great for information products like books, films, music, software. Also golf equipment and PC's sell very well on the internet.
But online selling of daily groceries has very specific challenges.
Shrinkage reduction
Measuring shrinkage correctly is the first step to find causes and solve shrinkage.
How do you improve visibility and availability, and reduce theft at the same time. The case of high margin / high shrinkage razor blades and batteries.
Balanced Scorecard
The Balanced Storecard is a trigger and action system with four performance indicators (CPI's):
empowered and productive employees, efficient store processes, excellent customer service / high customer loyalty, and high profitability.
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