1. Store Operation.
- Develop & implement efficient store operating procedures.
- Monitor Inventory levels to ensure optimal stock levels.
- Manpower Planning & Performance evaluation.
2. Business Planning
- Develop & revise business plans based on market Trends & performance.
- Set realistic & achievable targets for sales, profitability & customer satisfaction.
- Collaborate with cross-functional teams to align business goals.
3. Identifying Business Levers and Implementation
- Analyze key performance indicators (KPIs) to identify areas for improvement.
- Implement strategies to leverage strengths and mitigate weaknesses.
4. Monthly P&L Monitoring:
- Conduct detailed monthly reviews of profit and loss statements.
5. Customer Experience Improvement
- Gather customer feedback and conduct surveys.
- Implement improvements based on customer insights.
- Train staff to prioritize customer satisfaction.
6. Soft Skills Training
- Develop and implement a comprehensive soft skills training program.
- Focus on effective communication, active listening, and problem-solving skills.
- Tailor training to emphasize selling profitable categories.
7. Marketing Initiatives (ATL & BTL)
- Develop and execute Above-the-Line (ATL) and Below-the-Line (BTL) marketing campaigns.
- Utilize various channels, including digital, print, and events.
8. Norms and Merchandising Feedback
- Regularly review store layouts and visual merchandising.
- Gather feedback from customers and staff on merchandising.
- Adjust merchandising strategies based on feedback.
9. Store Expenditure Tracking
- Implement a robust expense tracking system.
- Regularly review and optimize operational expenses.
- Identify cost-saving opportunities without compromising quality.
- Discount Mapping & Tracking.
10. Evaluation of New Properties
- Conduct thorough market research for potential locations.
- Evaluate the demographics and competition in relevant catchment areas.
- Make data-driven decisions on property acquisitions.