Financial Performance

Controlling retail profitability requires having a good handle on costs at the store level and across extended supply networks. Store operations must maximize utilization of assets and labor, and must run within budget. There must also be visibility to the cost of stock replenishment, with the ability to reduce costs throughout the supply network.

RedPrairie's Retail Operations Management suite helps control store costs by matching workforce planning and scheduling to labor budgets, reducing overtime and premium pay, eliminating early and late punches, and tailoring staffing to sales promotions and customer traffic. There is also accurate store level inventory tracking to avoid stock-outs and overstocks. Financial plans can be created and revised at the store, field and headquarters levels.

In distribution, RedPrairie's Supply Chain Execution suite tracks the cost of inventory and labor down to the SKU, SKU family and vendor level. Distribution costs are minimized by optimizing inventory placement regionally based on actual store sales and order volume, as well as seasonality, promotions and other regional, country or store demand variants.

RedPrairie's inbound and outbound transportation optimization and carrier management capabilities lower logistics costs, while fleet management applications maximize the efficiency of your fleet assets and drivers.

Built-in RFID capabilities reduce costs, ensure compliance and track valuable assets.

By providing visibility and control over costs end-to-end from individual stores back through the supply network, RedPrairie's E2e™ consumer driven optimization solutions help improve financial performance more than any other vendor to the retail industry.