STRACK & VAN TIL Reduces Whole Store Profit Shrink Loss 18%

WHOLE STORE PROFIT OPTIMIZATIONTM

Beyond Profit Protection

REAL COMPANIES – REAL RESULTS

ABOUT THE EXPERTS

The ProfitTraxTM system takes you BEYOND profit protection to preempting internal profit erosion – we Guarantee 5:1 ROI from ProfitTrax Al Technology, Best Practices Training and SRS proactive support of Operational Implementation Effectiveness. ProfitTrax is dedicated to and understands that our success only results from our retailers’ profit improvement.

WHAT MAKES US BETTER

1. Your 5:1 ROI is Guaranteed from Store Inventory Management, 15% Shrink Loss Reduction, 18% Increased Gross Margins.
2. An all-in-one Unified Data Technology 2 Platform to Streamline & Simplify workflow for store operations
3. A system to establish an Enterprise-wide Connected Culture of profit-driving Store Inventory Optimization

STRACK & VAN TIL

THE CHALLENGE

• Grow Gross Margin 18% by Reducing Internal Profit Erosion 15%.
• CULTURE: Design/Support Profitable Selling Training Curriculum – Culture.
• Technology:
  • Unify disparate data into one Daily Dashboard platform.
  • Improve storewide
    Inventory Turns.
  • Train Purposeful
    Profit Walk.

THE SOLUTION

• Implemented ProfitTrax All-In-One Dashboard System for Store Operation.
• Implemented Fresh Item Production Planner and Merchant Analytics to Optimize Variety, Reduce Shrink Loss, and Grow Sales.
• Trained Store Teams and Supervisors – to preempt storewide shrink loss and improve Inventory Turns.
• Conducted on-going Web-based Training to help assure implementation effectiveness.

THE OUTCOME

• Reduced Shrink 18%. Made ProfitTrax TKLI and IPC a focus topic at Weekly Executive Meetings.
• Improved Inventory Turns and Storewide Gross Margins 240 Basis Points.
• Every Dept Mgr., Store Manager, Supervisor, Product Director and COO now use ProfitTrax with common objectives to:
  • Reduce Shrink.
  • Grow IPC.
  • See Failure to Turn.
• Gross Margins are UP