{"id":1335,"date":"2020-02-21T19:48:41","date_gmt":"2020-02-21T19:48:41","guid":{"rendered":"https:\/\/www.rmservicing.com\/?post_type=articles&#038;p=1335"},"modified":"2020-03-20T17:53:38","modified_gmt":"2020-03-20T17:53:38","slug":"store-audits-what-are-they-and-how-you-can-complete-one-efficiently","status":"publish","type":"articles","link":"https:\/\/www.rmservicing.com\/articles\/store-audits-what-are-they-and-how-you-can-complete-one-efficiently\/","title":{"rendered":"Store Audits: What Are They And How You Can Complete One Efficiently"},"content":{"rendered":"<p>Audit can be a scary word but it shouldn\u2019t be. An audit takes a look at something you do and assesses whether it\u2019s working, or not.<\/p>\n<h3>In retail, there are 3 main types of audits:<\/h3>\n<ul>\n<li><strong>Market Audit<\/strong> \u2013 typically done through a survey, this measures brand sentiment &amp; your competition. This is helpful to understand consumer trends &amp; if your products are well-positioned in the market place &amp; in the store or if you need to makes some changes.<\/li>\n<li><strong>Merchandising Audit<\/strong> \u2013 this is the \u201cnitty gritty\u201d of audits &amp; looks at your inventory data, sees if your inventory is on the shelf where it should be, checks planogram compliance &amp; more. This can be time-consuming &amp; costly, which is why RMS is here to help!<\/li>\n<li><strong>Loss Prevention Audit<\/strong> \u2013 this takes a look at if your loss prevention plan is working, if products are being stolen or misplaced &amp; how to minimize this. Partner with your retailer to better understand what they do for this type of audit. Successful brands &amp; retailers alike will perform these audits regularly. Understanding what\u2019s really happening to your inventory will give you insight into everything from inventory management to customer preferences.<\/li>\n<\/ul>\n<p><em>Contact us today for help!<\/em><\/p>\n","protected":false},"featured_media":1336,"template":"","article_categories":[10,9],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Are Store Audits And How You Can Complete One Efficiently | RMS<\/title>\n<meta name=\"description\" content=\"Learn more about how efficient store audits can help your company save money. RMS has been helping retailers around the nation complete their audits since 1985.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rmservicing.com\/articles\/store-audits-what-are-they-and-how-you-can-complete-one-efficiently\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Are Store Audits And How You Can Complete One Efficiently | RMS\" \/>\n<meta property=\"og:description\" content=\"Learn more about how efficient store audits can help your company save money. 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