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WAYS TO MAKE A DIFFERENCE
This leaflet highlights areas
where retailers are finding ways
to make a difference – increasing
growth and profitability in the face
of intensifying competition and
more discerning customers.
1 Raise net margins through strategic sourcing
2 Boost short-term revenues category-by-category
Convert planning systems investments into profits
C
3
Maximise returns from own-label
o
4
5 Drive brands for mutual benefit n
6 Increase space productivity through store clustering t
e
n
7 Target on-shelf availability to cure multiple sins
8 Build loyalty amongst high-value customers t
s
9 Adopt factory-gate pricing for both efficiency and effectiveness
10 Prioritise global expansion
11 Focus on core skills and capabilities
1 Strategic Sourcing
SOURCING GROUPS PROCUREMENT PORTFOLIO POSITIONING
+
NURTURE STRATEGIC
t
c
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