very important and provides the mechanisms to improve both the effectiveness and efficiency of any operation. Understanding varying distinctions in different neighbourhoods can help businesses reach across their many units and systems and find a united way of operating more efficiently. This process should ultimately provide the correct amount of proper goods and services in the right place at the right time. A huge task in itself, redefining processes and systems can be more of a challenge in a recession.
Tailoring product offerings to shoppers on a store-by-store basis is more effective than a one-size-fits-all approach. Empowering local store managers and real estate departments with decisionmaking power leads to success. The key is holding the right tools and knowledge framework for a successful business strategy