Insights

A selection of articles authored by the Ivo team, ranging from in-depth Research reports to
quick-read Comment pieces.
If you have a topic you’d like us to investigate, please get in touch at info@ivosolutions.com

From Bricks to Clicks – Navigating the middle ground

Technology and the internet are now woven into the fabric of everyday life, dramatically changing the way we shop and challenging the traditional retail model. In the past, the retailer has governed how and when their customers shop; presenting products inside their stores and setting the times that they were open for business. Now the consumer dictates what they buy, where they buy it from and chooses when and how they receive their goods. This has led to a fundamental shift in power; from the retailer, to the customer.

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GNFR: Unlock hidden value in your P&L

Retail P&Ls are under pressure as never before. The increasing costs of servicing customer needs in store and online, the advent of the Living Wage and increasing import costs post the Brexit vote – all these factors mean that retailers need to scrutinise every aspect of their P&L to release savings. This article explores an often-neglected dimension of costs: goods not for resale (GNFR) spend. There’s never been a more urgent need to review GNFR spend to ensure costs are being carefully managed.

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Spend on Trend? Bringing cost control back into fashion

Ivo compares the indirect costs of running a fashion retailer, the trends surrounding the top categories and opportunities to control spend levels.

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Big Data: From Virtual to Reality – Ivo explains how to find actionable insight and unlock opportunities in big data

Over recent years the amount of data collected and stored by businesses has grown exponentially. Whether it be sales data, loyalty card data, financial data or online booking data there is certainly no shortage of information out there. This raises the question of what to do with it all? Theoretically, the huge amount of data now available should allow companies to generate fresh analysis…

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Reframing online auctions: Time for a second round?

In this paper Ivo briefly examines the history of online auctions and what has changed in their 20 year old life.
Have they delivered what they promised? Are they a faddish and now outdated bully-boy way to buy? Or is there still real value in utilising online auctions today?...

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Tackling retail waste: Overcoming the challenges of a circular economy

The circular economy principles of keeping resources in use for as long as possible and recovering and regenerating materials at the end of each lifecycle, are particularly relevant to grocery retailers who engage with perishable products throughout the supply chain. The UK government body responsible for waste initiatives, WRAP, estimates that 12 million tonnes of food waste is produced by UK households, hospitality and foodservice, food manufacturing and retail, and wholesale sectors; 75% of which is described as “avoidable”.

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Ivo explains how to procure value from fit-out contractors

Get the right fit for your business: Ivo explains how to procure value from fit-out contractors

In 2014 the UK’s economy grew by 2.6%, the fastest pace since 2007, in part driven by increased retail and consumer spending. The dark days of the recession drove changes in behaviour, out of necessity, that are likely to stick around now the economy is growing.

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From Fashion Conscious to Cost Conscious: Ivo explains how businesses can balance creative and commercial demands

“We know we could save money and be more efficient but we choose not to because we’re in fashion…” This view from the Finance Director of a leading UK fashion retailer may seem surprising but is not unique. Fashion businesses major on style, aesthetics and design to keep ahead and build brand strength and loyalty.

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The Priory Group: The Cost of Caring

The Priory Group is proud of its excellent reputation for quality of service. Their success is rooted in their determination to improve the lives of all their service users by employing an innovative approach when developing care and treatment services.

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The Priory Group: Taking a fresh approach to refit

The Priory Group know that providing the right environment and facilities is as important to a successful care pathway as excellent staff and clinical support. It is essential that any refurbishment is done with minimal disruption and inconvenience.

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Spend Invisibility: How companies can get more from their spend data

Despite considerable investment in sourcing systems, many large companies still do not have complete visibility of what they buy, who buys it and who supplies it. How can a purchasing department function effectively without this knowledge?

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Direct Sourcing: The Good, The Bad and the Ugly

Is sourcing goods direct from the manufacturer the cost reduction dream it first appears? In this Comment article David Armes explains the potential benefits but also the pitfalls that retailers should watch out for.

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Avoid the Stalling Point

In this research-led White Paper, David Armes examines how companies may fail when implementing a long-term savings plan, and suggests ways that managers can keep driving change forward.

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