We work closely with your Buying & Merchandising team to implement Best Practice methodologies, to develop high selling collections tailored to your customer requirements, to define dynamic correct organization structure with evolved roles and responsibilities.
Ispira is engaged to:
• develop retail planning strategy
• improve collection development strategy
• evolve product segmentation, product lifecycle, product grouping strategy
• develop quantitative tools and algorithms
• define role & responsibilities, evolve accountability
• synchronize internal activities
• develop integrated retail planning models
• develop store grading models
• support product forecast
• identify performance drivers
• improve internal business intelligence
Ispira can also outsource some of your Buying & Merchandising activities to provide ongoing insights and best practice insights
Download our Retail Best Practice White Paper
We deliver three types of Best Practice Retail Merchandising projects:
1. operational assessments - comprehensive reviews across retail operational areas. We provide state of the art guidelines, internal and external benchmarks, benefit case, priority profit improvement opportunities, quick wins, action plan
2. Focused Best Practice retail development - in-depth analysis, improvement and implementation projects to increase sales and profit performance in any retail areas
3. Development and implementation of integrated retail merchandising frameworks - development and roll out of fully integrated bespoke retail management methodology and tools for long-term bottom line growth