Retail

Never before has retail been under siege from so many competitive fronts. Whilst the Internet has been a boon for established foreign retailers to take a foothold in the Australian market, agile start-ups have also proved stiff competition for established players.

There are many factors to consider when determining how best to structure your supply chain for competitive advantage: cross-dock or direct to store? How many DCs should you have and where should they be? How realistic would it be to consolidate orders to minimise transport costs?

Additionally, ensuring the optimal levels of inventory across your entire product offering can be challenging. With stock-outs of physical stores being a significant factor in customers looking on-line, how can you maintain a high service level without being overly burdened with excessive and obsolete stock? The high Australian dollar means that investment in inventory needs to be very carefully made.

GRA can help with not only designing an optimal retail supply chain but also ensuring that your inventory is optimised to ensure that the highest possible service levels can be achieved at the lowest possible cost.

Find out who we've worked with in the Retail industry.

Testimonials

With a focus on both cost reduction and service improvement, we engaged GRA to design and lead a company-wide Procurement Transformation. GRA worked closely with us to design and implement a new operating model and deliver significant improvements in procurement governance, processes and systems, whilst also managing a program delivering multi-million dollar savings.

– David White, Manager Enterprise Procurement, Aurizon

Typical results

  • 20-40% inventory investment reduction
  • increased service levels ranging up to 99.9%
  • 10%-15% reduction in supply chain operating costs
  • 5%-20% spend management savings
  • the ability to fund business initiatives from operating cash flow (OCF) improvements
  • improved return on capital employed (ROCE)
  • a minimum 3:1 ROI (10:1 to 30:1 typical)