Enhance Gross Profit MarginsPromotion Efficiency
SCOPE: ~ 200MM in performance based trade & consumer promotion spending
2002 Study; 4 Brands, 1000 Events
Conclusions
- Trade promotion planning system & analytical tools need major upgrade
- Minimum 20% of current spending is inefficient
2003 installed new trade promotion planning system
2004 New planning system operational. Initial optimization. Upgrade analytical tools
2005 New system and analytical tools fully operational. Additional optimization