HomeOur ExpertiseRetail

Retail

A new competitive landscape is emerging in retailing. Restrictive regulations and relative market saturation in developed countries have led to a growing number of local consolidations-a trend most likely to continue. At the same time, major players are now seeking additional growth beyond their borders, looking in particularly to developing countries, where regulatory restraints are less formidable.

For retailers, the next challenge will be dealing with either the emergence or new retail business models or the resurgence of prior ones. These include aggressive discounters, high-end retailers, players adding value through enhanced service or broadened offers, and retailers choosing to "hang in there" and strengthen their local market share.

Challenges for retail and consumer product (R&C) companies are many in today's business environment as a confluence of market forces have created an extremely difficult climate.

In mature markets, R&C sector companies are constrained in their ability to grow and maintain profit margins as a result of a deflationary operating environment, market saturation, slowing population growth, and more discerning but less loyal consumers. There are also the immediate concerns of growing competitive pressures, an increase in the number of alternative sales channels, a blurring of roles between suppliers and retailers, and — particularly for consumer product manufacturers — a shift in the balance of power to the retailers.

As a consequence, the strategic focus of the sector is moving towards the emerging economies and expanding consumer markets of Asia and Central & Eastern Europe - China and India in particular - which offer new opportunities for growth through global sourcing, off-shoring and the development of modern retailing.

In addition, due to stakeholder demands and the resultant Sarbanes-Oxley legislation, the retail & consumer industry is also experiencing heightened regulatory pressures. These imply greater accountability and accuracy in the reporting of financial results under IFRS and US GAAP, increased levels of corporate governance and Board involvement, stronger internal control documentation and a greater need for stronger risk management practices across the enterprise.

Our Practice

By focusing on the changing needs and behaviours of consumers, NASTEK's retail practice area ensures our clients a continuous and sustainable adaptation to this new landscape, while helping them emerge as leaders in their sectors. From cost reduction to category management, from store operations to overall turnaround, we help companies rethink their strategies, identify innovative responses, and create value in an ever-changing and uncertain retail environment.

With a full 360O approach, we'll address your concerns, through our successful and proven expertise in Customer Analytics, RFID, Global Data Synchronization, Instore, Merchandizing & Pricing, Supply Chain Management and Pharmacy in Retail, with focused solutions for Retail, CPG and Wholesale Distribution industries. Our ability to provide business-focused solutions stems from the fact that our delivery organization is supported by "Centers of Excellence" comprising of a dedicated team of domain experts and functional architects. This enables us to provide winning business solutions for the unique problems faced by our clients and help them proactively respond to industry trends. The CoE helps build Point Solutions and Frameworks with reusable plug and play components that help in developing high performance solutions to enable faster deployment and end-to-end verification & validation before final roll-out.

Grocery Retailing

Grocery practice in NASTEK Technologies adopts a value chain based approach, blending domain knowledge, technology expertise, and delivery excellence best practices, to provide innovative and customized industry specific solutions

Multi Channel Retailing

NASTEK’s integrated multi-channel retail (IMCR) practice helps deliver a superior shopping experience by synchronizing customer touch points across channels while leveraging inherent capabilities of channels to maximize ROI from multi-channel initiative

Quick Service Retailing

The practice focuses primarily on providing IT solutions and consultancy to clients in Service retailing. The domain experts from the practice help in developing a deeper understanding of the customer's business processes and functional requirements accelerating the knowledge transfer process and helps in training project teams in the service domain. The service offerings vary across the project lifecycle and include business as well as technology consulting.

Apparels & Footwear Retailing

Dynamic times await the retailers. With products exploding the markets and choices becoming vast, it becomes imperative that retailers ensure customer loyalty.

As with the choices for the consumers growing, companies can also have a multifold choice from the various technology landscapes that are available to increase profitability.

With the introduction of innovative technology landscapes, significant changes impacting the whole competitive equation can be effected.

Our industry vertical solutions are based on core technology expertise and unique business process understanding. We assist you in steering through this change, making the most of the opportunities while retaining the core focus on business essentials.

• Apparels
  
  In a sector largely characterized by dynamic changes we bring in a freshness required to challenge the traditional mindset of doing business with uncertainty by improvising processes and improving efficiencies
• Foot wear
  
  NASTEK has attained industry expertise by working with the leading apparel and footwear makers. Its solutions are catered to address the specific problems facing them today; the solutions offered breach the length and breadth of the value chain, thereby delivering results, efficiencies and savings.

Consumer Packaged Goods & Distribution

In the past couple of years, one industry to have undergone paradigm changes is the CPG and the distribution industry. Impacting factors like the rising cost of the commodities, emergence of new markets pressures from retailers and fickle customers has been an eye opener for these companies. They now realize the importance of having a robust Supply Chain Management.

NASTEK delivers customized solutions to this industry based on hands on practical domain knowledge, backed by technology. At NASTEK we have worked with our clients on the whole cycle, ranging from Product Development, Supply Chain Management, Sales and Marketing Management and Customer Management.

Products / Solutions

• New Store Opening Accelerator
• Global data synchronization
• Supply chain management and collaborative commerce
• Merchandising systems
• Marketing and customer service
• Store and non-store systems
• Enterprise management
• RFID Solutions
• POS