| Big Picture
Retail |
Financial |
Retail Solutions Diagnostic
is a tool focused on increasing revenue, driving down costs, improving profitability and training. We tailor for the client
and assess key areas such as Strategy, Inventory, IS, HR, Operations, Purchase to Payment, Merchandising, Category Management,
Financial Reporting and Supply Chain.
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General Controls Review
Using our extensive controls experience, we offer a methodical review and analysis of cash and merchandise processes and systems
security. System weaknesses are identified and strengthened focusing on fraud prevention and detection.
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Strategy Development
Any successful retailer requires a clear documented strategy to minimize risk, optimize success, and attract private or public
investment. We develop and/or validate retail strategies and all components. (e.g. location, format, logistics, pricing,
assortment, financial).
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Management Reporting & Planning
We assess financial reporting and planning systems while identifying variances from best practices. We also develop, integrate
and assist with preparation of plans related to balance sheet, inventory roll-forward, new store proforma’s, long term financial
projections, monthly financial packages and cash flow.
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Turnaround Management
We have developed a 7 step methodology which enables a rapid assessment of the business to create value. Our steps include:
analysis of situation, asset protection, stabilization, strategic options, operational review, rapid action plan, go forward. We
also provide hands on operational turnaround.
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Cash Flow Management
Our multi language cash flow program enables weekly cash management incorporating past trends and future projections. Our
software is proprietary and can be implemented with any existing ERP system presently in use by a retailer.
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Accounts Payable Recovery
Our audit of A/P requires identifying, documenting and recovering over payments and under deductions, discounts & allowances,
deal allowances, price overcharges, discounts on charge-backs, PO violations, duplicate adjustments, calculation errors, VAT tax
errors, input errors. We also perform …real estate audits.
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IPO Readiness
For companies considering or preparing for an eventual IPO, our Retail Diagnostic and Management Board Advisory Services along
with our remaining five financial service modules are ideally suited and key to a successful preparation and bridging of the new
IPO reporting requirements.
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Management or Supervisory Board Services
We consider appointments to company management and supervisory boards which enables us to share our extensive international
retail knowledge such as strategic development, objectives, acquisitions and current operations.
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Due Diligence
We offer complete or pre due diligence services including data gathering, data room preparation, strategy validation, strategy
recommendations data analysis, identify operation issues, identify financial issues, valuation and multiples assistances.
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Business Intelligence Solutions
“Executive Cockpit” a proprietary design, incorporates our extensive retail business knowledge from a top down perspective giving
senior executives and investors a clear, consistent, comparable and timely view of performance.
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Loan Audit Compliance & Collateral Monitoring
Our proprietary tracking and reporting system can be used by lenders, investors and senior management. This results in an
improved lending environment via bringing visibility and controls to inventory which is used as collateral.
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| Retail
Operations |
Supply Chain |
Inventory Shrinkage Identification & Control
Shrinkage losses due to a combination of supplier fraud, process failures, internal theft and external theft often are 2-4%. Our
8 step methodology identifies the main reasons for shrinkage in all parts of your organization and sets up a program to implement
needed improvements and decrease losses.
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Supply Chain Audit
Using our proprietary methodology, “WeDRIL” (Warehousing, “evaluation”, Inventory, Replenishment, Distribution, Logistics), we
provide an end to end audit diagnostic review of the entire supply chain spectrum. Our objective is to streamline costs, enhance
merchandise and asset controls.
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“BIA” Black Ink Assessment (reduce costs)
Our cost and expense control methodology, quickly identifies opportunities and steps for keeping your business in the black. Our
process will locate hard/soft and long/short term savings, providing recommendations to obtain results.
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Supply Chain Optimization
Using WeDRIL, we offer an end to end analysis and evaluation of the entire SCM path. We review each step and propose concrete
recommendations for optimization of cost and speed of products to the market.Using our proprietary methodology, “WeDRIL”
(Warehousing, “evaluation”, Inventory, Replenishment, Distribution.
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Category Management
Category Management is a source of competitive advantage for a company, which allows a retailer to differentiate itself from its
competitors while achieving better economic results. CM goes much beyond space management and shelf optimization.
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Third Party Logistics Assessment
Often logistics is best outsourced to companies who specialize in a particular service. We provide an assessment whether this is
a viable option, then assist in developing a 3rd party solution which will fulfill a companies needs optimally.
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Private Label
One of the key components of a successful retail strategy is that of Private Label. We are able to provide complete strategy,
development, implementation, sourcing, positioning, tactics and typical customer perceptions for a total Private Label program
development and implementation.
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Commercial Assessment
We assist retailers with strategic sourcing initiatives within the key areas of pricing, supplier contract review, performance
review, packaging and assistance with buyer/supplier negotiation templates.
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Partnering |
Store Layout & Design
We have partnered with a professional design company, Ian Bryan & Associates, to offer a 3 stage design process 1) concept 2)
development and 3) detailed. Design documents and layouts can thereafter be developed by local consultants for the construction
process and blueprint.
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Franchising Development
We determine the viability of a franchise operation. Afterwards our methods provides the framework for creating a disclosure
document and business which incorporates strategy, contract fees, cost terms, location terms, buildings, equipment and supplies,
operating practices, termination/renewal & areas of caution for development.
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Website Online Ordering System
Working with your IT group, we offer end to end service development of customer internet ordering to include strategy, web design
and development, delivery, payment settlement, returns, rollout, customer service and service levels.
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Market Entry Assistance
Transactions & TrainingWe can provide a platform for companies interested in entering the Russian/ Central European/CIS markets
and partnering transactions. Details to be discussed on an individual basis. Where needed, training can be provided in all areas
to both local and non local professionals.
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