Stock Optimisation

At Waitrose and Partners, we’re more than employees, we're owners.

Waitrose & Partners are looking for ways to optimise the stock mark down and reduction process to maximise profitability and productivity.

Summary

Background

The world of retail is constantly evolving and at Waitrose we’re working to make sure we’re always at the forefront of market-leading innovation and ​new technologies that will shape the shopping experience of the future. Waitrose Retail innovation is focused on driving the effectiveness and efficiency of shop operations. Waitrose are looking for companies or individuals that are able to provide them with direction, thoughts or solutions within this space.

Challenge

Waitrose & Partners are looking for ways to optimise the stock mark down and reduction process to maximise profitability and productivity.

They're looking for solutions in the following key areas:

  • Efficiencies within the payment space to provide a better level of customer service and make the checking out process more efficient. This includes both operated and self-payment checkout and cash office processes
  • The accuracy and maintenance of stock estimates, to maintain availability
  • Audit and compliance processes to balance the need for due diligence and productivity.

What's in it for you?

If successful, Waitrose and Partners are keen to work with companies to provide a test and learn scenario within their stores, to prove they are able to influence the KPIs in the capability your solution impacts. From this further potential and scalability would be reviewed.

 

If you have or are developing solutions, or if you have expertise in this area and would like to get in front of Waitrose and Partners, please click "Apply" to submit your solution/expertise to the Network.