Verification surveys for retailers: The benefits of up-to-date floor plans and space data

1. Merchandisers and space planner

Leveraging merchandisable space records to create visually appealing displays and plan location of product & range assortments, merchandisers and space planners also use the data to design customer flow through stores by strategically locating category space.

2. Store operations

In store teams then use these floor plans to efficiently implement the proposed store layouts and optimise product placement to enhance the overall customer shopping experience.

3. Facilities management

Critical compliance to fire safety and other legal HSE regulations are achieved with the use of accurate floor plans as well as allocating resources and planned maintenance activities.

4. Finance and budgeting

The finance department relies on accurate space records to calculate rent, utilities, and maintenance expenses.

5. Marketing and sales

Plans for instore promotional activity supporting sales and enhancing the customer experience are informed by floor plans while 360 virtual tours like CADS’ StoreView helps visualise the space they are working with.

6. Stock management

Accurate Back of House verification surveys support efficient stock management provide insights into available storage capacity and help to streamline stock replenishment processes.

7. Business expansion

When exploring the acquisition of new locations, retail development teams use floor plans and other space information to assess the suitability and potential of different premises based on their available area and layout

8. Data analysis and reporting

Finally, data analysts also leverage space records to generate reports, and analyse key performance indicators (KPIs), to identify trends and patterns that can inform strategic decision-making.

Accurate space data provides cross-functional benefits for retailers

Overall, up-to-date linear meter and merchandisable space records have cross-functional benefits for various departments and key stakeholders within a retail business. The data enables informed decision-making and KPI reporting. It also enhances the process of optimising the available space and reduces the need for physical store visits making the process more efficient.  Accurate as-built survey data underpins these advantages.

A decade of trusted partnership

Accurate merchandisable space data is vital for retailers like the Watches of Switzerland Group in optimising their retail spaces, monitoring KPIs, and making informed decisions. Read more in the case study here. The ongoing 10-year partnership between the Watches of Switzerland Group and CADS showcases the value of accurate as-built survey data in enhancing efficiency, space management, and overall business performance. CADS specialise in measured and laser building surveys for the retail market and is experienced in delivering complete retail estate surveys at speed, as demonstrated in the Polo Ralph Lauren case study.

Optimised store layouts with CADS StoreSpace®

The Watches of Switzerland Group is also a client of CADS StoreSpace® software, benefitting from optimised store layouts through our innovative retail space planning software. For retailers seeking reliable data solutions, CADS offers a wide range of surveying services to support their projects and achieve their goals.