{"id":5244,"date":"2021-08-03T11:50:30","date_gmt":"2021-08-03T10:50:30","guid":{"rendered":"https:\/\/vmunleashed.com\/?page_id=5244"},"modified":"2024-05-13T14:12:20","modified_gmt":"2024-05-13T13:12:20","slug":"buying-merchandising-operations","status":"publish","type":"page","link":"https:\/\/vmunleashed.com\/retailmeaning\/what-we-do-retail-projects\/buying-merchandising-operations\/","title":{"rendered":"Merchandising operations"},"content":{"rendered":"\n
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Merchandising operations<\/p>\n\n\n\n

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Transparent management of fluid assortments through the merchandising processes<\/p>\n\n\n\n

from supplier to visual display across complex & diverse sales channels and shop formats<\/p>\n\n\n\n

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SIGN-UP FOR THE ’52 STEPS TO THE PERFECT SHOP’ NEWSLETTER<\/a><\/div>\n<\/div>\n\n\n\n
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Our clients’ current priorities<\/h2>\n\n\n\n
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“The strategic shift in inventory management no longer requires slow boats but fast technologies!”<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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The evolution of inventory. Right here. Right now.<\/p>\n\n\n\n

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Agile retail businesses are shifting the supply chain to support a major strategic and operational focus on new inventories. The traditional approach of producing an inventory which is then sold, as much as is possible, is being transformed into an approach where a partly, or fully, virtual inventory is showcased as much as possible, and then produced to order.<\/p>\n\n\n\n

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The enablers of the new processes are built around delaying final commitments to designs, styles, materials, colours and sizes until the latest possible moment.<\/p>\n\n\n\n

Bespoke inventories use local suppliers and fast response times to refresh and replenish the assortment in shops with the most up-to-date sales data and analysis. Virtual inventories respond to individual requests and orders from the customer, whilst the advent of instant inventories will potentially put the production of the product directly into the hands of the customer.<\/p>\n\n\n\n

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ask us more about ‘inventory evolutions’<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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‘Retailers need to reduce the space between the buying processes, and the time for the whole merchandising process”<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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Reducing ‘Inspiration Lag’ & ‘Accuracy Drag’ in the buying process<\/p>\n\n\n\n

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The two \u2018kill-joys\u2019 of buying & merchandising are the \u2018inspiration lag\u2019 and the \u2018accuracy drag.\u2019 These suppress sales and margin.<\/p>\n\n\n\n

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The \u201cinspiration lag\u201d is the delay between the original product inspiration and the time the product hits the market. With every weeks delay the product becomes a paler shade of the original inspiration. Alongside this the internal retailer passion for the product is lost, as excitement gives way to exasperation and frustration as the development of drawings and re-detailing swamps the process. <\/p>\n\n\n\n

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The \u201caccuracy drag\u201d is the time it takes to produce and ship the products. Inappropriate supplier skills and communications again slow the process and introduce inaccuracies and mistakes into the product.<\/p>\n\n\n\n

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ask us more about inspiration lag & accuracy drag<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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“Enrichment of product merchandising & sales requires the empowerment of shop skills & process.”<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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‘Spontaneous & Responsive’ shop merchandising processes<\/p>\n\n\n\n

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Advanced retailers pre-determine style grouping in whatever formal or informal way is correct for their brand. Best practice retailers can then use technology to understand and respond to how customers are grouping products, by what taste attributes the customer is prioritizing.<\/p>\n\n\n\n

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Spontaneous customer journeys can also be created in real time both in shops and online by responding to customer style likes and dislikes, either verbally communicated or analysing product responses.<\/p>\n\n\n\n

The sales assistant can then guide customers across predetermined style boundaries directly to individual style products, whilst online hierarchies and layouts can respond to individual style decisions.<\/p>\n\n\n\n

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ask us more about shop merchandising processes<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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A summary of our client services.<\/strong><\/p>\n\n\n\n

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Every retail business, businessman, entrepreneur and shopkeeper is different.<\/p>\n\n\n\n

Every client project and collaboration we plan and deliver is different.<\/p>\n\n\n\n

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Consultancy<\/a><\/p>\n\n\n\n

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Retail strategy<\/a><\/p>\n\n\n\n

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Customer relationships<\/a><\/p>\n\n\n\n

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Merchandising operations<\/a><\/p>\n\n\n\n

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Sustainability in retail<\/a><\/p>\n\n\n\n

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Omni-channel touchpoints<\/a><\/p>\n\n\n\n

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Organisational structure<\/a><\/p>\n\n\n\n

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People, processes & skills<\/a><\/p>\n\n\n\n

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Customer experience & shop design<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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Workshops & training<\/a><\/p>\n\n\n\n

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Bespoke workshops<\/a><\/p>\n\n\n\n

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Personalised training<\/a><\/p>\n\n\n\n

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Event Speaking<\/a><\/p>\n\n\n\n

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eLearning<\/a><\/p>\n\n\n\n

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5-star short courses<\/a><\/p>\n\n\n\n

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The Complete Retail Entrepreneur<\/a><\/p>\n\n\n\n

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Our client pledge<\/strong><\/p>\n\n\n\n

To make every team member and colleague a \u2018better\u2019 retailer,
and to leave a permanent and positive legacy in every client business.<\/p>\n\n\n\n

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Let’s do something great together.<\/strong><\/p>\n\n\n\n

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contact us to start the ball rolling.<\/a><\/div>\n<\/div>\n\n\n\n
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Stay in touch with our…<\/p>\n\n\n\n

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\u201952 Steps to the Perfect Shop!\u2019 <\/strong>
weekly newsletter<\/p>\n\n\n\n

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For everyone looking to improve their physical shops,
or even thinking of opening their first pop-up or permanent shop,
we have written the \u201952 Steps to the Perfect Shop!\u2019 weekly newsletter, delivered direct to your inbox.<\/p>\n\n\n\n

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You too can have \u2018The Perfect Shop\u2019 by this time next year!<\/strong><\/strong><\/p>\n\n\n\n

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