Process -
At the heart of every retail business, suitable operating policies
should be in place to implement strategy at head office and branch
level. Retail Innovations can identify systems to measure and control the business,
and tactics and
initiatives to drive growth.
Retail Innovations’s team of former
retail directors is supported by focused
experts covering specialist departments typically found in modern
outlets - bakery, hot takeaway, delicatessen; and focused services
such as dry cleaning, photo processing and crêches. Behind the scenes,
stock replenishment, health and safety, waste management and security
and risk control must also be considered.
To measure the business performance, Management Information Systems (MIS)
are necessary, derived from IT solutions that overlay
all business processes.
Retail Innovations’s financial experts can provide suitable control standards, detailing
appropriate expectations and returns through activity based costing,
budgeting, and forecast systems, all distilled to deliver usable management
information.
