RMSA helps you control your retail operation by providing valuable insight into current performance and guidance for future expectations. Our goal as a service provider is to help our customers optimize their operations. Key benefits of our solutions are a mix of enhanced growth, stronger cash flow, and a healthier inventory profile. With RMSA we’ll help you be proactive rather than solely reactive.
Your retail data has a story to tell, and RMSA analytics and systems will reveal opportunities in your operations that can deliver substantial new profits.
A bottom-up plan
Our planning process begins at the classification level at each store. We analyze your actual sales performance for each class of merchandise using our Retail Insight system, and generate a detailed sales and inventory forecast. This forecast is fundamentally localized: it is a store level plan by class. The factors that make each location unique are reflected in the forecast, and adjustments for actual results maintain this location specific format. If you have a multi-location operation you can summarize the plan to look at your overall buying strategy and identify when between store transfers are necessary.
RMSA’s staff is your team of retail experts. Our people have broad experience in retail management and can help with more than just analysis. Whether it’s noticing new trends, suggesting new merchandising tactics, or advising on e-commerce or loyalty programs, the RMSA team can draw on a deep pool of in-house information and real-world expertise to help you get better results. We have over 50 years of experience in helping retailers excel.
We have worked with thousands of retailers, and its very likely that your store has a profile that is similar to others. While we never share confidential or proprietary information, we often have very deep sector knowledge. For example, if you are a women’s shoe retailer, we have seasonal data based on hundreds of locations and many years of results, and this makes our forecasting and advisory service particularly valuable. If you are considering opening a new location for an action sports store, we can help with pre-opening merchandise plans; this will give you the benefit of our sector knowledge and our ties to leading industry associations.
With RMSA you get continuously updated plans that reflect your most recent results. These updates are the guideposts to adjusting your business to current trends. From our team you’ll get coherent markdown strategies, insight into your open-to-buy status, purchasing and receipt guidance, and broad merchandising insight. This will drive stronger cash flow and better inventory turns.
The RMSA solution is a web-based, subscription service. There is no software to purchase, and it requires no specialized hardware. You don’t need a staff of IT experts to utilize RMSA; our team focuses on the technology, leaving you free to focus on retail. We’ll help collect and organize your data, and the resulting plans and reports are electronically delivered back to you for review with your RMSA merchandising team.