The retail and hospitality business is hard enough, there are headaches you can do without because…you can. Sometimes, a little planning is all it takes. In this post, we’ll have a look at 3 common headaches of retail operations and how to avoid them.
Let’s dive in.
Knowing what has to be done and actually doing it are two different things.
Sure, your stores know what to do. You communicate by email. You put it on the portal. You put it up on the big screen at the regionals. Knowing what has to be done is often not the issue; actually doing it is.
Most retail brands struggle in some form with execution. Things don’t always get done, in full, on time and at every location. How to avoid this? Keep reading.
Finding problems but not correcting them
So you send district managers to stores. Of course they’ll find issues. No store is ever perfect, not every time. Finding issues is expected, that is not the problem.
The problem is when issues are not rectified. Most retailers simply do not know when and where corrective actions are taken, and it takes a lot of time to find out. How to avoid this? Keep reading.
You use 10 different products to do essentially the same thing
So the store opening team wants to use product X. Merchandising is using Y. Loss prevention is using Z. Who loses? The business.
You cannot manage a retail business if you don’t have a unified view of stores. In truth, some products only work in a single category. But it doesn’t have to be this way. How to avoid this? Keep reading.
How to avoid this?
All these headaches have one thing in common: you can avoid them with a single mindset and decision. You need a unified, powerful, store operations tool that will support all your stores, all your users and all departments on a single platform.
You will save time and money but more importantly, you will gain insights into the overall performance of your stores, from opening to day-to-day operations.
The retail business may not be easy but if you avoid some headaches, it does become a lot easier.