RetailTactics Launches RightSpace
RetailTactics releases the commercial version of RightSpace, its software solution developed in conjunction with supermarket retailers and CPG manufacturers. RightSpace helps retailers ensure they have the right section space to meet consumer needs, demands and expectations throughout the year, not just during the category review process. Suppliers use RightSpace to help ensure that their products and sections are adequately spaced and not being squeezed by adjacent sections or items of lesser merit. Trading partners use it to ensure that section space is set to balance item inventory against the labor costs of restocking.
With RightSpace, RetailTactics delivers a link between traditional space management and center-store space allocation management. Built around the RetailTactics data repository, RightSpace helps determine the appropriate space for each item, section, aisle, and department -- in a single store, a cluster of stores, or across all stores.
Retailers use RetailTactics software to build and compare space planning scenarios, then organize work in stores -- which projects, at which times, at which stores, by whom. Advanced tools capture real-time activity status information during project implementation, then measure, report and track them.