Retail

Retailers are under pressure to grow revenues from existing stores as well as expand into new territories with new facilities, making the remodeling and new construction process a daunting task. Revenue growth is heavily driven by how quickly a new site can progress from the planning stage to store opening.

Current Retail Business Challenges

• Inefficient or Non-existent Communication and Collaboration Across the Phases of the Store Development Lifecycle
• Pre-construction changes and approval of store design/plan
• Time consuming management of job status, project finances and vendor payments
• Poor Visibility Into Property Development Performance
• Delayed Time to Market for New and Renovated Stores
• Escalating Project and Program Risk
• Increasing Total Cost of Ownership for IT Solutions
• Increasing Pressure for Corporate Governance Compliance
• Overworked and Inefficient use of Resources

Meridian solutions are flexible and configurable to meet your specific retail program needs, providing senior executives a view of the whole picture, while providing individual managers with the detail they need to deliver successful projects.

Proliance® provides effective management of project and program budget, scope and schedule with:

• Scheduling: Proliance establishes milestones which support: procurement, inventory, hiring needs, and other deliverables. This enables retailers to coordinate everything to a specific date (backwards passing), including the real estate pipeline.
• Change Management: Proliance is flexible and identifies the impact of changes (the “cost of changes” and associated risk of changes) to the project plan and facilitates the appropriate response to changes.
• Business Intelligence: Proliance has business intelligence capabilities that are designed to provide real-time, operational visibility into the status of in-store programs and new store construction programs - facilitating business and project forecasting.

With Meridian technology, your retail organization can shorten project lifecycles by centrally managing your portfolio of projects over the Internet. Improve how you collaborate with your external supply chains to accelerate new store openings.

For more information, download the retail industry datasheet.

Meridian Capabilities for Retail Organizations:

Asset Management	Predictive Maintenance
Billing and Invoice Management	Preventative Maintenance
Budget Management	Program Management
Cash Flow Management	Project Management Planning
Change Management	Purchasing Management
Collaborative Scheduling	Service Request
Contract Management	Site Management
Correspondence Management	Tax Management
Demand Maintenance	Vendor Management
Drawing Management	Viewing and Redlining
File Management	Work Order Management

 

Notable Clients

Westfield Group
Charles Schwab
Davisco Foods
Hollywood Video
Target
Williams Sonoma