Nobody said running a retail business would be easy. Even the most conscientious retailer can get bogged down trying to juggle the tasks that comprise day-to-day responsibilities. That’s why business operations need to be approached strategically. From managing sales associates to keeping a fresh flow of inventory stocked on the shelves, you can cut costs … Continue reading Retail Best-Practices to Help You Streamline Store Operations
Retail audits, also called Store Visits or Store Walks, drive higher compliance with brand standards at store level. They increase sales and profit margins, boost customer satisfaction and cut business risks. Maybe you are starting a retail audit program from scratch. Maybe you have an existing program and are looking to improve or automate your … Continue reading How to Build a Retail Audit Checklist
July 2019 Customer Survey Results • 95% of Compliant IA customers report improved health and safety. • 92% of Compliant IA customers report improved execution of merchandising programs. • 92% of Compliant IA customers report saving time on store visits. • 91% of Compliant IA customers report a reduction in business risks. • 89% of … Continue reading What is Compliant IA?
Running a retail store is complex, and it might be difficult to know just where to start when you’re smoothing out your processes. But making retail operations run more efficiently should be at the top of every retail executive's to-do list, and the tips below will get you on the path to streamlined success. 1. … Continue reading 8 Ways Retailers can Streamline Store Communication and Execution
To assist multi-unit retailers starting or improving their retail audit program, Compliant IA regularly publishes how-to guides, best practices, and checklists. Use this sample checklist to create or update store standards or operations programs across your retail locations. First impressions On a scale of one to ten; how presentable is the store? Are carts or baskets … Continue reading Store Operations Checklist
Your retail business is inherently complex. It has many moving parts and a multi-faceted cost structure. Cost of goods sold, labor costs, leasing fees, hydro costs...these costs are real and have a direct effect on a store's bottom line. Control your costs and if you sell a product for which there is demand in the … Continue reading The Value Proposition of Smart Checklists
Many customers come to Compliant IA from a home-brewed retail audit piecemeal solution. This solution takes various forms but usually consists of Excel spreadsheets, free "surveys" and email. Combining disparate band-aid solutions together creates a big mess that is disruptive, expensive, and entirely avoidable. So how do you know your retail audit solution is a … Continue reading Your Piecemeal Retail Audit Solution is a Mess!
Whether you are a district manager, regional, territory, sales or cluster manager, you regularly have to visit the stores you are responsible for. Here are three ways you and your organization can save money on collecting and actioning store visit data. Consolidate Visits From Multiple Departments The needs of the merchandising department, the operations department, … Continue reading 3 Ways to Save Money on Store Visits in 2020
A retail audit is a smart checklist. It is based on a form, has points, best-practice pictures, supporting files, conditional items, critical items and action plan recommendations. It allows standards to be checked, deficiencies tracked, assigned and resolved when district or sales managers visit stores. An audit allows head office to guarantee company standards, programs … Continue reading What is a Retail Audit?
Multi-unit retailers, consumer packaged goods manufacturers, and distributors are all struggling to accomplish more with less (fewer people, less budget, less time). Automation is widely considered the best way to make the most of limited resources, but how do you decide for yourself? We've compiled an updated guide to analyzing your buy vs. build dilemma. … Continue reading Retail Audit and Store Communication Software: Should you Buy or Build?