Project Management for Retail Companies

Retail is one of the most pervasive industries in existence today. Everyone interacts with retail on a regular basis, so they have a lot of expectations when it comes to their retail experience. If you run a retail business, you literally can’t afford not to run a tight ship.

But the retail business comes with its fair share of projects, all of which add up and require a lot of effort. Sure, you could try and manage all of those projects yourself, but that means siphoning the effort you are spending on the rest of your business, and can you really afford to do that? That is why we recommend hiring an experienced project manager, like those at The Advice Stand.

What are our project management services for retail companies?

At The Advice Stand, we can help your retail company in various ways.

We train your team in tried and trusted project management methodologies. We also introduce set processes, documents and rigour around project management, so that your staff can more effectively plan and deliver your business-improvement initiatives. Because it can be difficult to jump into a project management role without guidance; we make sure that you learn by doing it right, instead of making unnecessary missteps.

We identify the latest technologies best suited to your sector (in-store, in the office and in the warehouse). We use our extensive experience across a wide range of industries to ensure that our solutions are always in your best interests, even if they’re outside the box.

We also speak “IT” to your tech team, ensuring your business priorities are accurately represented with whichever solution best suits your needs. We sift through the jargon and answer your questions with no fluff. 

  • What can the technology do? 

  • How is it going to help you? 

  • When can we get it finalised? 

  • How much is it going to cost?

Why is project management important for retail?

Retail is an industry that is heavily saturated, and therefore very competitive. Unless you are one of the few businesses that fill a very specific niche uncontested, customers are going to show very little tolerance for any weaknesses in the retail experience that you present.

This is where experienced project managers are an immense help. Because they can coordinate your project team for you, you can focus on growing your business. This two-pronged approach will give you a strong competitive advantage that will help your retail business stand out.

What pains can arise for a retail business without a qualified project manager?

A retail business without a qualified project manager will struggle for various reasons, such as;

  • A lack of vision, and subsequently a lack of clear business strategy

  • No defined methodologies with which to coordinate staff

  • No refined method of measuring success and changing the business model where necessary

  • Nobody who can recognise opportunities for the business to grow and for practices to be updated

  • A lack of accountability for KPIs

  • No assigned person that facilitates communication amongst employees, etc.

Retail is all about coordination and project management. Without a qualified project manager, your business is missing a crucial element that will allow it to grow. That is why you should get in contact with The Advice Stand, so we can make sure you have the project manager that you need.

Do you provide project management training for retail?

We provide a project management training course that comes in two different iterations:

  • Informal coaching, in which we guide clients throughout the project life cycle, resulting in more confidence and stability once their project wraps up

  • Formal coaching, in which we offer larger training sessions and workshops to help hone project management skills as well as fine-tune methodologies so that they cater to your environment.

How do I hire a project manager?

If you are looking to hire a project manager for your retail business, contact us so we can provide you with the project management that your business needs.