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Mantra Of Healthy Retail Business

Mantra Of Healthy Retail Business. RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators

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Mantra Of Healthy Retail Business

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  1. Mantra Of Healthy Retail Business RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators 3.Mapping KRA’s of respective middle management with Health Indicators & PROVIDING them tool to monitor same. 4. Continuously monitoring and optimizing Health indicators Way forward a. Check your transactional system b. Get DSS in place -ARS Offerings POWERED BY :- A.R SOFTWARE PVT .LTD

  2. R.O.C.E.

  3. Capex

  4. WORKING CAPITAL

  5. R.O.C.E.

  6. MARGIN

  7. OPERATING COST

  8. FOOTFALL

  9. Mantra Of Healthy Retail Business RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE 1. Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators 3 .Mapping KRA’s of respective middle management with Health Indicators & PROVIDING them tool to monitor same. 4. Continuously monitoring and optimizing Health indicators Way forward a. Check your transactional system b. Get DSS in place -ARS Offerings POWERED BY :- A.R SOFTWARE PVT .LTD

  10. Mantra Of Healthy Retail Business RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators 3. Mapping KRA’s of respective middle management with Health Indicators & PROVIDING them tool to monitor same. 4. Continuously monitoring and optimizing Health indicators Way forward a. Check your transactional system b. Get DSS in place -ARS Offerings POWERED BY :- A.R SOFTWARE PVT .LTD

  11. KRA Of Brand Managers Mapped with Key Health Indicators • Manage Profit centre(retail outlets) in his region/increase revenue. • Cash reaches head office on time • Sales Target(a. ensure sufficient Foot fall, ATV, contribution Weekend v/s week days, mall v/s high street, ) • Replenishment-Right material at right time at each gallery • Team Management(Resolve Issues of Franchisee, store manager…)Collaborate with Backend & Front end team • Reward Performer(Performance Management system-Team) Other qualities: On move, uses phone/mails but not very tech savvy, Requires assistant to follow-up with other personals… Return POWERED BY :- A.R SOFTWARE PVT .LTD

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  14. KRA Of SCM Manager Mapped with Key Health Indicators • Effective supply chain( indents, GIT, in demand item out of stock, replenishment gap) • Managing Stock(forward cover analysis, ageing, stock rotation analysis • Optimum utilization of Warehouse(Occupancy, Cost, optimum inventory targets) • Transportation Cost • Inventory Turnover Ratio • Days to sell • Shrinkage(analysis) Return POWERED BY :- A.R SOFTWARE PVT .LTD

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  17. Return POWERED BY :- A.R SOFTWARE PVT .LTD

  18. Mantra Of Healthy Retail Business RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators 3 .Mapping KRA’s of respective middle management with Health Indicators & PROVIDING them tool to monitor same. 4. Continuously monitoring and optimizing Health indicators Way forward a. Check your transactional system b. Get DSS in place -ARS Offerings POWERED BY :- A.R SOFTWARE PVT .LTD

  19. To Run a Car You Need So Many Indicators Return Our passion- Retail Business Indicators….. We will also automate gray area left in existing transactional system but is important for ROCE. POWERED BY :- A.R SOFTWARE PVT .LTD

  20. Mantra Of Healthy Retail Business RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators 3 .Mapping KRA’s of respective middle management with Health Indicators & PROVIDING them tool to monitor same. 4. Continuously monitoring and optimizing Health indicators Way forward a. Check your transactional system & fill gaps b. Get DSS in place -ARS Offerings POWERED BY :- A.R SOFTWARE PVT .LTD

  21. Pre Requisite for DSS system • Robust Transactional system • Has all the modules which influence ROCE health indicators or else build missing modules tightly integrated with existing system. Generally essential modules missing in ERP are (Backend-PD/Sampling/Costing, Replenishment, Planning and Forecasting, Frontend Loyalty-CRM Financial management) • Has sufficient Controls • Intelligence of ERP being used. Return POWERED BY :- A.R. SOFTWARE PVT .LTD

  22. Mantra Of Healthy Retail Business RETAIL BUSINESS OBJECTIVE-DECENT(25%-40%) ROCE Identification of Key Factors/indicators: a. Reference range for health indicators b. Verifying impact on ROCE 2. Middle Management responsible for each Indicators 3 .Mapping KRA’s of respective middle management with Health Indicators & PROVIDING them tool to monitor same. 4. Continuously monitoring and optimizing Health indicators Way forward a. Check your transactional system b. Get DSS in place -ARS Offerings POWERED BY :- A.R SOFTWARE PVT .LTD

  23. Return

  24. Thank You. 

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