First Friday Building capability in retail
September 28, 2011 - 10:30am
Solutions
  • tighter initial buys
  • space management
  • right price first time
  • OTB management
  • newness
  • negotiation
  • multi-channel
  • market analysis
  • mark-down management
  • managed risk
  • little or no terminal stock
  • International opportunities
  • increased flexibility with suppliers
  • fulfilment planning
  • focus on profit
  • first for trends
  • financial planning
  • faster lead times
  • deliver more profit
  • customer first
  • critical path management
  • brand values
  • better than the competition
  • better sourcing
  • attractive promotions
  • accurate forecasting
  • 100% stock availability

A competitive, fast-paced, two day learning experience centered on creating a customer focused and profitable range.

The Brief:

  • Teams are challenged with building a balanced, commercial, profitable, customer-focused range for an international multi channel business
  • They are pressured to address all the complexities of modern retail
  • They must develop a strategy, put it into context of their business and develop their product range
  • They will be given relevant documentation to interpret and utilise
  • They must prepare and deliver three key presentations, on which their range will be assessed

The Outcome:

  • The team with the most customer-focused, profit driven range, which meets and supports the business strategy and framework, will win the challenge

The Benefits:

  • By addressing a number of retail topics in a compelling, competitive way, they learn how to make good decisions and avoid pitfalls 
  • They will experience how every decision taken has a direct impact on their team’s ability to deliver a commercial range and achieve business targets
  • They will leave with a personal learning log based on feedback and their own experience of the challenge

To Book:

To book any of the business challenges or for further details and prices please contact enquiries [at] firstfriday [dot] biz Tel. 01494 867 106.