Fashion Clothing Store Stocktakes with Variance Checks
A leader in the global ready to wear fashion and accessories market required the support of RGIS. In 41 countries with 1,632 points of sale providing ready to wear fashion and accessories for both the female and male market. The physical presence of the brands is an integral part of the strategy. The retailer invests in approximately 100 stores per year to make the collections accessible around the globe.
REQUIREMENT
The fashion and accessories retailer wanted to have a consistent stocktake procedure across all stores. The retailer required RGIS to provide the following:
- To complete stocktakes in 165 stores
- Consistency in procedures across all stores
- Out of hours so not to disrupt staff or customers
- Variance checking to be conducted after every store count
SOLUTION
The fashion and accessories retailer partnered with RGIS to complete the store stocktakes with variance checking, and provided the following:
- Scheduled two to five experienced RGIS auditors per store
- All counts were conducted before or after trading hours
- Allocated four hours per store
- Scanned all items in each store
- Completed variance checks at each store
RESULTS
The fashion and accessories retailer found by outsourcing the store stocktakes with variance checking to RGIS the following results were achieved:
- All 165 stores were scheduled and counted out of hours
- Counted between 2000 and 4500 items per store