VCSTIMELESS Newsletter

«For a retailer, innovation is about adding value: optimising inventory and replenishment across the supply chain, improving knowledge on customers and accurately forecasting sales. This can be achieved through new ways of doing retail. Retailers have to shake off old traditions; optimise open to buy taking into account store-specific differences (sales, geographical areas and economic regions), and evaluate supply cycles and distribution networks.

Another area for development is international expansion. Domestic markets are saturated and the most successful retailers now have a presence in the Middle East, Asia and Eastern Europe. Retailers should anticipate entering these new markets and putting the appropriate organisation into place.

Improving store operations is also key, starting by optimising the effectiveness of sales assistants. By reducing administrative tasks, sales assistants can devote more time to selling!

To reply to all these challenges, VCSTIMELESS consistently seeks to use the latest technologies, industry best practices and product features to your advantage. Whether it’s RFID or mobile applications for your stores (re-labelling, printing and PDAs), advanced price management or replenishment optimisation tools, our solutions streamline your performance and therefore improve results.

If your stores can achieve a 10% growth rate, why not +15% or +20%? If your company records end of season stock levels of 8%, why not 4%? Using “Alternative Retailing” to improve margins is possible! You will find out how in this edition of Retail’Up, which is dedicated to the speciality retail industry.»