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Client FOCUS: Timex Corporation 
Timex is looking to RW3 in 2007 to help them keep things
ticking as they reshape the watch business.
RW3 has been working very closely on multiple levels with the Timex
executive leadership team to reshape how success is measured. Because
the watch business is very concentrated on just a few retailers
in North America, providing the best selling brands to top retailers
can create a skewed perception of what actually sells to the end
consumer. Timex management realized it was more critical to measure
purchases by the end user, rather then what was sold in to the retailer.
RW3 worked with Timex management to assess their desired result,
and to determine how POS could be utilized to transition the focus
to measuring consumption.
Transition to date:
Executive Dashboard & Analytic Environment
- Identify how to measure consumption effectively
- Identify the retailers to track
- Design and develop a reporting/analytic environment to integrate
all the various retailer streams of POS and then create a common
set of business rules to measure, cleanse & calculate the
data weekly/monthly/annually
- Develop the actual weekly integration process of all the POS
streams into the analytic environment
Enhance Field Merchandising Team Process - Strategic
Consulting
- Evaluate work flow process effectiveness against consumption
goals
- Deploy the field team more effectively to impact consumption
- More frequency at fewer retailer outlets
- Focus on activities that have the highest ROI
- Insure item availability at the shelf
- Identified the need for seamless and systematic account communication
Enhance Field Merchandising Team Execution - Solution
Deployment
- Immediate communication improvement from Account and Field management
- Clear effective delivery of assignments and tasks
- Immediate visibility of execution issues (voids/out of stocks)
affecting consumption results
- Insure retailer compliance on displays and modules
- Measurement of impact through POS consumption results
- Share the results with customers
- Deliver the ROI of Retail Coverage
This sales force data collection system is key to shapening execution
at the shelf and enabling Timex to be more effective and responsive
to changing market conditions.
Click
here for Timex case study
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Other News
Bentonville
Update
As mentioned in our CEO's Note, RW3's Bentonville office continues
to respond to requests for challenging reporting projects. Jenny
Lorenzo is busy consulting with current customers, as well as meeting
with new prospects to determine how RW3 can best meet their needs.
As a result of the increased interest, we are expanding our Bentonville
office to include a marketing specialist who will join Jenny in
developing some wonderful partnerships for the Company.
If you have an office in the Bentonville area, we would welcome
a chance to review your needs! Please contact Jenny by email
or at 479-696-8678.
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The Company that PLAYS TOGETHER, STAYS TOGETHER!
RW3's Account Management Team hosted a
company outing to the Round Rock Express baseball game on Wednesday,
August 1. (Round Rock is the AAA team for the Houston Astros.) Over
80 people attended, including employees, spouses, friends and family
-- as well as a few customers! Game food was catered in a Party
Suite, with beer, wine and sodas available. It was a great evening
of fun and camaraderie as the Home team won 9-5, with several home
runs including a Grand Slam by the Express!
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RW3... Insights. Innovation. Real World Solutions.
Upcoming
Events
RW3 Executives and representatives will be in attendance
at the following industry conferences, keeping up to date on key
issues and trends:
GMA/FPA MSM Conference – September 30-October
2; Colorado Springs
HSM: World Business Forum – October 10-11;
New York
NACS Show – November 6-9; Atlanta
1-Day InSight Group Workshop – Q1 2008; Austin
If you would like more information or to make an appointment to
meet with us during one of these events, please email
us or call 800-444-5793.
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