Floor Space Optimization

 

Challenging economic times and increased competition have led many organizations to find innovative ways to enhance revenue and improve efficiency. Given the key role and costs of facilities, many well managed organizations are seeking ways to better understand, forecast and optimize facility floor costs, revenue, and overall performance. RedGiant offers floor space optimization solutions for the Retail/CPG and Gaming industries that help address these challenges and to foster sustained profitability and growth. Our advanced floor visualization, reporting and location-based analytical solutions help executives and managers:

  1. Monitor and report on in near real-time the performance of floor assets to make more informed decisions around asset/product mix and placement to maximize revenue operationally and as part of long term strategic planning.
  2. Maximize revenue generation and minimize revenue cannibalization by performing scenario modeling around product and category types, pricing, and locations to find optimal configurations.
  3. Better manage labor costs by optimizing the allocation of staff resources across floors based on current and forecasted demands.
  4. Enhance customer and patron experiences and in turn increase wallet share by predicting customer spend and product preferences based on interaction with floor assets and products.

Our floor space optimization solutions can be configured and delivered through a traditional on-site implementation model or provided as a hosted solution under our subscription-based ASaaS™ and A4S™ delivery models.