What we do:
Using proprietary software, we analyze the productivity ratios of both the space allotted to various categories and the inventory assigned to those categories. We run various “what if” scenarios modifying department sizes and inventory ratios to pin point areas of opportunity.
Why we do it:
This valuable tool uses predictive analysis to show how opportunity is best realized. The analysis is based upon historical figures and therefore anchored to reality. If you managed a soft drink machine that consistently ran out of one type of cola you would change and maintain two rows of that brand. It’s not as easy to change department size in your retail store, but just as effective. If one department is too big however, how much should it be contracted? And where do you put the space you gain if you do condense it? The PDQ process answers these questions and more. It is very enlightening!
The benefit:
Better-balanced productivity and smarter use of available floor space produces quantifiable results. This process allows you to “fine tune” your vending machine.