Past Webinars
Fashionably Increase Profits and Margins without Sacrificing Quality
Apparel inflation is averaging 17.4% for most retailers with some as high as 30% according to a recent study, cotton crop prices aren’t likely to return to average levels, and higher labor costs still remain. Retailers are already testing shoppers reaction and begun raising prices this spring and more increases are expected for the Back-to-School season.
How can apparel retailers keep their customers satisfied without sacrificing quality and increasing ticket costs? Learn how to increase profit opportunities this fiscal year without the pressures of turning to cheaper fabrics and increasing ticket prices.
Guest speakers:
Noel Verbruggen, Managing Director, Intrepid Security; Colin McComb, Vice President Global Sales and Strategy, Profitect; Adam Haight, Global Channels Director, Profitect will discuss:
- How to Increase efficiency by focusing on high risk areas and pinpointing opportunities effectively
- How to gain better visibility throughout the supply chain
- How to increase margins using advanced analytics, best practices and distribution tools
A “Fresh” Approach to Margin Increase – How to eliminate waste and increase profits
In 2011 ‘Fresh’ will continue to grow in importance as a key deciding factor on where to shop for groceries. Increased competition from supermarkets and non-traditional grocers, rising commodity prices, and increased transportation costs have added significant new pressures and overwhelming strains on an already lean supply chain.
How can retailers keep up with the trends without having to pay the toll of decreasing margins due to excessive damage and waste?
Sammy Kolt, VP of Applications and Omer Matityahu, COO will discuss new market trends, best practices and where profit opportunities lie from current case studies.Join us on Thursday, April 28th at 1:00 pm EST to learn how to:
- Increase margins by using advanced analytics, best practices, and distribution tools
- Improve operational processes
- Detect high risk products
- Increase employee involvement and awareness
Increase Profitability and Gain a Competitive Advantage in 2011
Retailers are at a crossroad with increased costs, soaring fuel prices and fears of rising inflation. How can CFO’s help maintain or increase profits without passing augmented operating margins to consumers and still gain a competitive advantage?
Hear Guy Yehiav discuss profit amplification, a synergistic, enterprise-wide approach to the company that acknowledges that every point in the value chain plays a role in the organization’s ability to realize profit by identifying areas of margin risk, pinpointing the most impactful areas, applying best practice solutions and then monitoring the actions for compliance.
Speakers:
Deborah Weinswig, Managing Director “Retailing/Broadlines, Food & Drug, and Home Improvement”of Citigroup
Guy Yehiav, CEO Profitect
Reverse Logistics: Improve Controls and Increase Profits
Retailers are swarmed with returns. A major headache for retailers. According to NRF 2010 Customer returns study, retail merchandise account for more than $194 billion in lost sales.
As merchandise returns are on the rise, gas prices are rapidly increasing, and new state regulatory mandates are being issued, how can retailers gain better visibility into returns and reverse logistics processes to increase profits. Progressive companies need to look beyond costs and review returns management as a strategic area for recapturing value and recovering assets.
Hear our industry experts share new insights on how to improve controls, reduce reverse logistic losses and costs, and make better buying decisions. Attendees will learn about;
- Identifying key drivers behind product returns and the impact on potential losses
- The proper dispositioning for better methods to improve recovery rates
- How to gain better visibility into the reverse logistics process
- New solutions that detect irregularities and provide best-practice recommendations that automatically address and fix issues to increase profits
Speakers:
Curtis Greve, Principal at Greve Davis
Omer Matityahu, COO at ProfitectModerator:
Colin McComb, VP of Global Strategy and Sales at Profitect
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Profit amplification is the new Loss Prevention
Increase Profitability by reducing Shrink, Waste and Margin Loss through Organizational Synergy and Operational Efficiency leveraging Modularity in the Entire Value Chain.
Today there are many external and internal factors that are not in favor of a retailer’s bottom line. Profit losses occur at hundreds and thousands of points throughout your retail value chain. So what can retailers do today to recover these losses and increase profits?
Shift your focus from loss prevention activities to profit amplification strategies.
- Identify losses in terms of shrink, waste, and margin loss that can be traced back to process failures, poor training, and non-compliance issues as well as bad intentions
- Realize untapped profit opportunities across the entire enterprise from POS and store inventory to the supply chain and procurement
- Drive collaboration and synergy among the different parts of the organization with a stepwise approach to build a profit amplification culture
- Analyze past shrink and waste trends, correlate different data sources, find root causes of problems and then take proactive actions with best-in-class solutions
The Retailer BI Revolution – Transform data into Actions
The technology basis for improving retailing operations and profitability has made giant strides over the past decades. The very fact that the flow of information—often called data mining and harvesting—is now recognized as Business Intelligence is a sign of growing importance.
Today, new BI tools have changed the name of the game and has become fundamental to retailers profitability across the entire retail value chain; Operations, Shipping and Logistics, DC &Warehouse; POS, Back Office and Procurement. Hear about how to turn data into actions, the next BI generation.
Hear from our experts Guy Yehiav and King Rogers and learn about:
- New developments in Business Information technology systems with Actionable Alerts and Corrective Actions
- How new technologies drive synergy and collaboration among the various departments
- How to identify profit opportunities with new BI actionable tools
