Buying & Merchandising
Buying & Merchandising is a critical component of every retail business.
Implementing a robust and well managed B&M strategy will ensure your business has the right product assortment with the correct range depth for your target market. This product alignment, matched to your buying budget will ensure that you maximise your sales revenue whilst keeping stock holding to a manageable level without tying up too much cash in stock. A structured pricing and trading plan will ensure that stock is managed through your business, allowing you to track sales revenues and margins, accurately forecast trends and weeks cover and shape any re-ordering requirements or new product opportunities.
Assortment Review
Analysing the current product assortment across all categories and ranges is the best starting point to identify requirements across Buying & Merchandising. Our consultants can offer an honest analytical review of the current merchandise assortment.
Gap Analysis
Using historical sales analysis, industry trends and insight, and consultant experience; we are able to provide detailed analysis of gaps within the current assortment across both category and product SKU levels, which when filled will provide revenue uplift to the business.
Product Buying
Our consultancy has a wealth of supply chain options and contacts across all merchandising categories and product ranges. We can support to build a planned product buying programme, ensuring the best quality, at the best prices to suit your requirements.
Strategy & Reporting
We can work alongside your retail team or provide a fully managed service in regards to developing and implementing your B&M strategy. Additonally, we can ensure transparent visibility in enabled through accurate weekly reporting structures.
Retail Strategy
Are you looking to use our experience to implement a new retail strategy? If you feel your retail merchandising and operations need a full overhaul, we’re here to help.
Full Consultancy
Perhaps you’re looking to fully outsource the management of your retail merchandising and are looking for a suitable consultancy to provide leadership and structure?
Product Sourcing
Do you have a specific product need for your business? You can tap into our developed and established global network of contacts via our sourcing consultants.
Insight Audit
Perhaps you want to overhaul your retail department without wanting to hand over control to a third party, but you’re a little lost on where to start? We can help to guide you.