Willard Bishop uses its proprietary Activity-Based Costing (ABC) models to push productivity gains from the supply chain all the way to the retailer’s shelf. Willard Bishop, serving as a facilitator for manufacturer-retailer collaboration, is improving productivity across the extended value chain. While there are hundreds of productivity-driven initiatives, Willard Bishop focuses on activities connected to operations and merchandising, which include (sample list only):
- Display-ready packaging
- Shelf fixtures for reducing in-store labor costs
- Unsalables and reclamation paths
- Case packs that reduce costs (warehouse and store operations)
- Quantifying category resets in terms of time, resources, and ROI
Willard Bishop brings visibility and insights to the retailer’s aisles and shelves. Willard Bishop uses advanced modeling techniques and big data to analyze sales and profit contribution data, shopper behaviors, trade spending, market data, and trend analyses to maximize the retailer’s selling space. In addition to space optimization, Willard Bishop optimizes assortment through localization. This is particularly important as retailers look to stock locally grown and/or locally manufactured products. Willard Bishop’s localization solutions also help retailers capture incremental sales by offering the right products in the right stores, while reducing costs connected to excessive assortment and unwarranted resets.