Retalon Analytic Assessment (RAA) Service

A Retalon Analytic Assessment allows retailers to obtain an objective and unbiased quantitative assessment of their merchandising, supply chain, and marketing operations. By running customer data through the Retalon Common Analytic Platform called FORETUNE customers get a unique chance to obtain objective and unbiased quantitative assessments of merchandise, supply chain and marketing operations. This includes:

• Competitive analysis along with the projected trends VS competing businesses
• Comparative analysis of current standings VS. industry averages and projected changes
  
• Identification of existing inefficiencies and assessment of their future impact
  
• Identification of strong, well performing areas and performance forecast
  
• Specific, actionable Lost Profit Recovery recommendations

There are several variations of Retalon Analytic assessment (RAA) services:

1. RAA-Light is the analysis of some combination (representative selection) of stores, warehouses and SKU's (or categories). The resulting report with interpreted analyses provide:

• summary indicators of business status
  
• indicators on what areas of the business to conduct further analyses
  
• gap analysis in all areas listed
  
• specific examples (which substantiates the gap analysis)
  
• recommendations on how to mend the identified gaps

2. RAA-Detailed is deeper analysis of all available data on all the stores, warehouses and all SKU's. This analysis allows retailers to take an in-depth look at all the details of their business and current trends before picking the most appropriate processes to change

• detailed indicators of business status
  
• specific details in the areas required further analyses
  
• gap analysis in all areas listed
  
• specific examples (which substantiates the gap analysis for ALL gaps identified)
  
• detailed recommendations on how to mend the identified gaps
  
• relevant comparisons to the industry leading best business practices
  
• competitive analysis

3. RAA-Specific conducts specific analysis on areas that have been identified as areas where cost reductions, improved sales or better customer service may occur if processes are changed.

RAA-Specific gives hands-on recommendations on how to recover lost profits, increase performance in all areas. These include optimally calculated prices; changes in order and distribution quantities, modifications need to be made to the assortment, etc.

Key Areas covered by RAA service

• Analysis of Key Performance Indicators
  
• Sales trends
  
• GM/profit trends,
  
• Inventory levels trends
  
• Multiple levels inventory standing analysis compared to demand
  
• Insufficient Gross Margins
  
• Missed sales
  
• Instances of below-expectation Customer Service Levels
  
• Gaps in store assortment selections
  
• Best and worst promotional tactics
  
• Inadequate promotional prices
  
• Improper allocation to stores
  
• Inefficient replenishment practices
  
• Micro-merchandising and store grouping analyses and others

Retalon has successfully provided the Analytic Assessment service to a number of organizations annually.

How do I begin?

Contact us today and we will put you in touch with a Retalon Supply Chain Analyst to get the process underway.