Tag: efficiency

A better way – efficient working in own label 19th March 2014 From

A better way – efficient working in own label

According to the BRC, UK retail sales were down 1.0% on a like-for-like basis from February 2013, showing consumer confidence is still recovering from the recession and retailers are not out of the woods yet. When profits are being squeezed, retailers look to improve efficiency and reduce overheads, but they have overlooked an important area – own label product development. Creating products for the retail market has been particularly inefficient and time-consuming. With the average product specification manager traditionally managing hundreds of lists of paper based product specifications, making even minor changes meant going through reams of papers and epic excel documents. The problem is this inherent inefficiency has slowed the process and hindered the route of new products to market. Luckily, there is now a solution.

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