India Retail News

To drive the excitement and top-line growth that sustains the industry, CEOs must grow their businesses, and at the same time, deliver superior returns on invested capital. How can CEOs deliver more profitable and customer-focused growth? A.T. Kearney believes that CEOs should look closely at their merchandising and procurement functions, with close regard to the following questions:
1. How well are merchandising and procurement integrated?
2. How successful has procurement been in reducing costs while simultaneously building collaborative relationships with strategic suppliers?
3. How can employees, technology and other critical resources make merchandising and procurement high value-add functions?