2. • New Zealander based in Singapore
• TradeGecko is my 3rd company
• Providing the power of Walmart’s supply-chain to SMEs
• Faced similar problems in previous business
• Thousands of users world-wide
Cameron Priest
4. Customer opens subsidiaries in 4 additional
countries and increased sales by 600%
A customer halves the quantity of stock on-
hand by accurately managing forecasting
A customer saved 3.5 Million pesos by
reducing order processing staff from 4 to 1
5. Good Processes =
Growth & Profit
Real-time actionable insights
Accurate stock-control
Reduce stock obsolecence
@newleafph
#smartretail
6. A week of spreadsheets
The Spreadsheet Cup
33 sheets
2 minutes just to open due to size
6 months free to the worst spreadsheet
9. Real-Time Snapshots
of your inventory and sales
allows you to view fastest & slowest selling
products and
take action, today.
@newleafph
#smartretail
10. Economic Order Quantities report
enables you to
purchase what you need,
when you need it,
reducing the cost of holding
too much stock
@newleafph
#smartretail
11. HOW DO I WORK SMARTER?
(How do I make more money?)
@newleafph
#smartretail
12. Top 5 KPIs to Optimize
• Cost & Profitability of products and customers
• Lead time of items and sell-through rates
• Inventory turns
• Total landed costs of items
• Deliveries to time, cost & quality
If you’d like to see actual research let me know after the talk
@newleafph
#smartretail
13. Others
• Optimization of stock
• Having the right goods at the right time
• Having the data in a centralized database
• Have a reporting engine that can provide actionable
insights
• Real-time sales & inventory data
@newleafph
#smartretail
14. Real-time supply chain software that tracks
sales, purchasing, inventory, creates
reports and gives actionable analytics to
your business
@newleafph
#smartretail
16. Other Tools
• Xero Accounting
• Shopify E-commerce
• Dropbox
• Google Apps
• PayrollHero
@newleafph
#smartretail
17. THANKS!
Thank you!
Try it out and I’m excited to
hear your success stories.
_____________________________
Contact us:
Twitter: @TradeGecko
Visit: tradegecko.com
Email: info@nlv.com.ph
Notes de l'éditeur
3rd companyThis came out of a problem of a previous enterprisem pesos save in a year
What are the benefits, and why should you invest in retail technology?At a high level, having the right tools & processes in place will help you increase sales & cut costs.
So all of these people are making money with technology, now I’m going to show you how you can make money with your business.
So what do most SMEs use today, paper and spreadsheets. Massive, complicated and a little bit amazing spreadsheets.I just spent the past week here in the Philippines with the awesome New Leaf Ventures team, meeting dozens of different companies, and every. single. Business that we met with was using spreadsheets in some form to manage their inventory/sales/procurementWe actually have a competition in our office to find the worst spreadsheet, we print it out and stick it on the wall so that we have a constant reminder of the problem we’re trying to solve for our customers. The current winner has 33 tabs… I’ll give a 6 month free
Ok, so maybe you invest in a multi-million SAP system – large tech, cutting edge, we’re talking months of implementation and training. Bloated, heavy systems.
So what is the alternative,
So what can you do with a good system?Well a simple example would be to get a real-time snapshot of your inventory, see what’s in stock, what's running out, hot sellers, slow sellers and take actions dependent on the data. Today most companies would get this data once a month, or even once a quarter, when it’s too late to really do something about it. You may of ran out of the product or have too much on hand of a product that you now have to heavily discount to move.
A bit more of an advanced concept that will give you a lot of value is to run a report to calculate the economic order quantity of your products. This will allow you to accurately forecast what you need to buy, when and how much. When you adopt a cloud based system, report like this that use to take days or weeks to be run, if they were run at all – can be generated with just a click of the button.
A bit more of an advanced concept that will give you a lot of value is to run a report to calculate the economic order quantity of your products. This will allow you to accurately forecast what you need to buy, when and how much. When you adopt a cloud based system, report like this that use to take days or weeks to be run, if they were run at all – can be generated with just a click of the button.
So what else should you be looking at,
So with the right processes in place, provided by world-class, affordable systems you can grow sales, reduce costs and focus your time on the important growth areas of your business. Make smarter choices in merchandise to earn more and save more segue to TradeGecko
This is what we do with TradeGecko, what we’re doing for 100s of companies in over 60+ countries in the world and are now providing to CBTL.
Amazing operations, grow in scale without hiring people. With TradeGecko you’ll never have to worry about stock control and you can make smarter choices (you know what to double down on, eliminate etc). Being cloud based you can also plug in other products to manage other systems within your business,