Overview:
Grew
Merchandising Organization from $15 Million to
$60 Million*: As COO, Associate worked for a holding company that
relocated a retail merchandising firm to focus on the home
improvement retail chains. Built the business in core
merchandising, resets and product knowledge training from $15 million
to $60 million+ |
Problems / Challenges Faced:
-
Associate's
company was doing small amounts of work for assorted clients in a
major home improvement retail chain
-
Home improvement
retailer was going through a consolidation on how to execute
merchandising services, consolidating to one or two merchandising
service providers per department
-
Associate's
company was using old and manual technology
-
Goal was to grow
merchandising work a large as possible in the home improvement
retail chain to prepare the merchandising company for sale
|
Solution:
-
Growth was both
organic and through acquisitions. Associate's company was able to
interview for and was selected by major Home Improvement Retailer to
provide in-store service nationally in multiple departments, which
allowed them to grow rapidly
-
Associate led
effort to change from manual operations and old technology to
current technology and automated processes
-
Implemented
an effective IVR system instead of old fax-based reporting. Passed
data directly through to payroll system, automating the payroll
process for over 400 field reps. Aided greatly in the transition
from salaried employees to hourly employees
-
Implemented
a handheld field data solution and systems to support retail
execution of client priorities
-
The value of
continuing to perform as promised:
Home Improvement
retailer was so pleased with the continuing level of service on the
merchandising and reset work that Associate's firm won
responsibility for both the Fashion Lighting and Outdoor Power
Equipment departments
-
Associate's firm
relocated the merchandising organization they acquired to the city
where the Home Improvement retailer was headquartered. Though none
of the acquired company's employees chose to relocate, the
acquisition was successful and aided Associate's company
significantly
|
Results:
-
Associate's firm
consistently won business and grew, though it was rarely the low
price bidder
-
Built the business in core
merchandising, resets and product knowledge training from $15 million
to $60 million+
|