SMART
Pricing Program
Our SMART Pricing Program started in 2015 with a group of ACE Hardware Store Owners looking for a better way to price items sourced outside their Wholesaler.
The news of this new method of Pricing quickly spread as Retailers saw real results. Along the way, we uncovered a bigger problem — most hadn't updated their Wholesaler Pricing approach in years, leading to widespread under and over pricing.
Our program changed that, giving Retailers more confidence in the overall Retail Pricing direction of their business.
We deliver a proven methodology for building better Strategies in Margin Master and Plans in Pricing Planner, and one that is adaptable to any Point-of-Sale software.
Over 250 Independent Hardware Store Owners will attest to that!!
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Improves Sales, Margins & Inventory Productivity
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Disciplined Retail Pricing by Department, Class and even Fineline if required
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Handles individual SKU exceptions the correct way
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Finds and fixes Under and Over Pricing problems
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Gives you greater confidence in the overall Retail Pricing direction of your business
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Helps you build more accurate Category Price Plans for B2B and Contractor Customers
Financial Management Training
Our Financial Management Training Program has been used by many Retailers in the Hardware, Building Supplies, Plumbing, Electrical and Rural Merchandise Industries. It provides a no-nonsense educational look at the Key Numbers that drive Profitability and Performance and more importantly how your Employees impact on them every day. Informally called “Accounting for Non-Accountants” this Program is targeted at Managers and other Key Employees that need to understand what Key Performance Indicators are. It is tailored around your Point of Sale and Accounting Programs to ensure that learning can be executed easily. If your goal is motivated Employees that understand how their roles impact on Financial Performance this program is for you
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Better Understanding of what the Key Performance Indicators are in your Industry, how they are calculated and their effect on Profitability and Cash-Flow
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Create a detailed execution checklist on how to Improve Sales and Gross Profit
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Understanding the Cost of Doing Business
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How to Improve Inventory Control and the impact of Lost, Slow & Obsolete Inventory on Sales, Margins and Cash-Flow
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Setting individual goals that combine to create a Business Execution Plan
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In-House Training with your Team
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Flexible Online Sessions
