The new age of retail is here. Never have shoppers been smarter, more omni-channel oriented and demanding, social, and less brand loyal. Never have the principles of revenue management (right product, right time, right channel, right price) been more important and yet more difficult to execute.
In the era of big data, retailers are faced with a wealth of raw information to digest and then act upon. What deals are suppliers offering? How do I take advantage of them? What are my "final net" margins in light of supplier rebates and chargebacks? What should the shelf price be, by region, by channel?
Flintfox understands the challenges associated with vendor trade and revenue management processes. Our experts know your industry and can help your business drive profitable collaboration with suppliers and quickly achieve your revenue management goals.