Retail

Even without the current economic challenges, operating in the ever changing consumer marketplace is extremely challenging. For instance, one major trend facing retailers is the green consumer requesting products, services and facilities that are environmentally friendly.  Retailers are under intense pressure to remain profitable, while continuing to offer value to the customer – quality and variety at a reasonable price.  As consumers look to reduce their spending, retailers are working to improve the customer experience and build customer loyalty by offering multiple shopping experiences (store, kiosk and on-line).  Retailers are using lean inventories, coupons and private labels to reduce the need to cutback, layoff or close.

The global labor market has moved much of the manufacturing outside U.S. borders, increasing the need for efficient, cost effective sourcing and import processes.  Rising fuel costs require an optimized transportation process.  Marketplace competition and pressure on operating costs make pricing, stocking and inventory decisions critical.  NouvEON’s experienced consultants have helped retail clients to manage and implement change efficiently and cost effectively to deal with these and other retail challenges.