How to attain Cost Reduction in Retail stores?

I believe retailers can reduce a lot of cost by checking the stocks periodically. By doing this they will be able to find out the products which has not sold for a long time and which is not having much demand. So they can avoid purchasing of these items.

In retail, biggest concern areas are supply chain cost, damage and expiry and shrinkage. Strategy to reduce the supply chain cost by clubbing store routes, better inventory management at the store level, so, transportation need not to take place many a times during the day. Further in the food indutry, damage and expiry is the one of the challenging concern, which needs to be controlled and finally, regular stock checks will help the retailer have better control and visibility of stocks. These 3 things can help in reducing the cost in retail.

Of course, other areas are flat organization, so that higher Zonal, Regional and National Costs are not added to the operational costs.  

To enhance productivity by the existing staff, control over variable cost like power, stationery, consumbles. To reduce cost in trems of damages, expiry and shrinkage. Better contorl over inventory so that stocks dont pile up at store.

Dead stock locks capital,space,blocks new puchases .

As such it is necessary to take stock of it .

 Employees should be encouraged to List out fast moving and dead stock everyday.

I think the best way to reduce cost would be by maintaining a long term relationship with the supplier. When purchasing from one supplier they will get goods at a reduced rate . This would help in reducing purchasing cost.

Smart & Efficient Staff is one key, which would reduce the expenses & increase the sales. Also, they play vital role in Vendor Management & Client Delight

Initially order small quantities and depending on sales increase the order so that there wont be any losses.  

A Smart manager in the organisation would first keep a check on the purchases & the purchaser, and would also keep contorl over the stock. Reduction in any variable cost which is an additional facility provided by the store to the customer will harm the organisation  

I believe that most of the sales in the retail stores are happened at week ends , so maintain the less number of permanent  personnel in the store and offer the part time jobs at week ends to some other people. By doing this practice a retail store can attain profits as well as cost reduction.