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Australian big-box retailer Officeworks is transforming its stores with a focus on efficiency and growth. To facilitate this, Officeworks turned to Scalene to advise on the optimal product space for each store in its network. Our optimisation solution also addressed key challenges around estimating future product performance, strategic and operational constraints and the impact of store-level space changes by category.
This case study outlines how we helped Officeworks achieve an incremental sales increase of +$45m and an incremental margin increase of +$21m (growth of+7%).
If you're looking to minimise inventories, maximise cash, improve customer satisfaction and retention, and simplify your business operations, this white paper is for you. We've outlined six actionable steps that will help you optimise your assortment to improve the performance of your stores.
Through the course of the paper we'll look at how how to:
Throughout the course of the pandemic Bricks & Mortar retail has been heavily impacted. With numerous lockdowns imposed, Australia has been particularly hard hit. But among the doom and gloom there have been opportunities for savvy marketers. In this white paper we examine how leveraging store space offers the potential for transformational improvements to retailer profitability.
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