Category/Price Management
- Error
Category/Price Management
Y Consulting, LLC provides world-class category/Price management best practices. We help numerous retailers improve its service to its customers through improved assortment, price management, reduced out of stocks, and ease of shopping. This is made possible by the collaboration between the retailers and suppliers to improve the effectiveness and efficiency of demand/supply chain management. Y Consulting instills a mindset to exercise a consistent Category/Price Management strategy enabled by competitive price shops, organizational capabilities, and scorecard (performance measures). We partner with the retailer during the eight step process, which includes: category definition, role, assessment, strategy, tactics, plan implementation, and review. While the overall process is similar across different retail formats, it requires adaptation for different merchandise characteristics and data availability.
Y Consulting, LLC initiates a Category/Price Management process that takes traditional retail activities and funnels them through an overall strategy. We organize information so that retailers can leverage consumer insights, category trends, and POS data to produce enhanced business results by focusing on delivering consumer value.